|
December 27th, 2024
Insight on Plan Design & Investment Strategy Every Weekday
|
|
|
Administration
|
|
Plan Benchmarking
|
 |
By benchmarking their plans across an array of factors, plan sponsors can gain insights about participants and juggle spending to best align with employee needs, company budgets and fiduciary duties. 
|
|
|
|
|
Editor"s Note
|
Editor’s Note During the holiday week, please enjoy compilations of our work from throughout the year. Today, the 2024 Special Coverage packages.
Find out more about PLANSPONSOR’s 2025 editorial coverage plans on our 2025 Editorial Calendar.
The daily NewsDASH will resume on January 3.
|
|
|
|
|
|
| ECONOMIC EVENTS |
In the week ending December 21, the advance figure for seasonally adjusted initial claims was 219,000, a decrease of 1,000 from the previous week’s unrevised level of 220,000, the Department of Labor reported. The 4-week moving average was 226,500, an increase of 1,000 from the previous week’s unrevised average of 225,500.
Interest on a 30-year fixed-rate mortgage averaged 6.85% for the week ending December 26, up from last week when it averaged 6.72%, Freddie Mac reported. A year ago at this time, the 30-year FRM averaged 6.61%. Interest on a 15-year fixed-rate mortgage averaged 6.00%, up from last week when it averaged 5.92%. A year ago at this time, the 15-year FRM averaged 5.93%.
|
|
|
|
| MARKET MIRROR |
Thursday, the Dow rose 27.77 points (0.066%) to close at 43,325.80, the Nasdaq fell 10.77 points (0.054%) to close at 20,020.36 and the S&P 500 dropped 2.45 points (0.041%) to close at 6,037.59. The Russell 2000 rose 20.34 points (0.90%) to close at 2,280.19, and the FT Wilshire 5000 Index rose 11.16 points (0.018%) to close at 60,517.54.
The 10-year Treasury note was unchanged, bringing the yield to 4.589%. The 30-year Treasury bond decreased 2/32, bringing the yield to 4.773%.
|
|
|
|
ADMINISTRATION
|
|
Committee Education
|
|
A review of the work being done by retirement plan committees along with the tools and training available to ensure that committee members understand their duties and are up to the task.
|
|
|
|
|
BENEFITS
|
|
403(b) Plans
|
|
An examination of the challenges and considerations employers face when offering 403(b) plans.
|
|
|
|
|
BENEFITS
|
|
LDI, PRT and Plan Termination
|
|
A review of the opportunities and risks to consider when deciding whether to continue offering and operating a defined benefit plan.
|
|
|
BENEFITS
|
|
DC Plan Design
|
|
A review of how plan sponsors can use defined contribution plan design to help participants meet retirement goals.
|
|
|
BENEFITS
|
|
Retirement Income
|
|
A review of the variety of different options and issues plan sponsors should consider when evaluating choices around retirement income.
|
|
|
ADMINISTRATION
|
|
Small Plans
|
|
A review of the administrative, operational and cost choices small employers should be aware of when considering retirement plan options.
|
|
|
COMPLIANCE
|
|
Cybersecurity
|
|
A review of the questions plan sponsors can ask their providers and their teams, as they try to keep plans safe from cyber attacks.
|
|
|
BENEFITS
|
|
Personalization in DC Plans
|
|
A review of the options and opportunities plan sponsors have to provide participants with personalized benefits offerings for retirement savings and beyond.
|
|
|
BENEFITS
|
|
Employer Contribution Strategies
|
|
Employers’ retirement plan contribution strategies require plan sponsors to consider timing, costs and the specific financial needs of their companies and their workforces.
|
|
|
|
|
On This Date: In 1801, after conquering Italy, Napoleon established the Republic of Lucca. In 1822, Louis Pasteur, French chemist and microbiologist who was one of the most important founders of medical microbiology, was born. In 1831, Charles Darwin set sail on the HMS Beagle, beginning the voyage on which he would formulate his theory of evolution. In 1901, German American film actress Marlene Dietrich—who became one of the world’s most glamorous movie stars—was born. In 2007, Pakistani politician Benazir Bhutto, the first woman leader of a Muslim nation in modern history, was assassinated in Rawalpindi, Pakistan, while campaigning for upcoming parliamentary elections.
|
|
|
Did someone forward you this newsletter? Sign up here to get NEWSDash directly in
your mailbox!
|
|
Copyright ©2025 Asset International, Inc. All rights reserved.
No reproduction without prior authorization.
|
|
702 King Farm Boulevard, Suite 300, Rockville, MD 20850
|
|
