February 3rd, 2025 Insight on Plan Design & Investment Strategy Every Weekday Data and Research Employees Show Increased Confidence in DC Plans, but Still Face Financial Anxiety According to multiple research reports, workers have increased their retirement confidence and their focus on building emergency savings, but routine financial stressors still persist. Retirement Income Opinions Something All Can Agree On Both parties and the business community support ‘retirement income’. Most Read Compliance IBM Hit With 401(k) Complaint Over TDF Monitoring  Compliance Digital Assets Might Fit Differently in DC Plans Than Other Alternative Assets Compliance ERISA Attorneys Call for Restoration of PBGC Pension Guarantees ECONOMIC EVENTS Thursday, the Department of Labor will issue its initial jobless claims report, and Freddie Mac will update average mortgage rates for the week. Friday, the U.S. Bureau of Labor Statistics will release the employment situation report, including the unemployment rate, for January. MARKET MIRROR Friday, the Dow fell 337.47 points (0.75%) to close at 44,544.66, the Nasdaq fell 54.31 points (0.28%) to close at 19,627.44 and the S&P 500 fell 30.64 points (0.50%) to close at 6,040.53. The Russell 2000 fell 19.76 points (0.86%) to close at 2,287.69, and the FT Wilshire 5000 Index fell 318.09 points (0.52%) to close at 60,775.20. The 10-year Treasury note dropped 2/32, bringing the yield to 4.541%. The 30-year Treasury bond decreased 4/32, bringing the yield to 4.790%. In the week ending January 31, the Dow rose 0.27%, the Nasdaq fell 1.64% and the S&P 500 fell 1.00%. The Russell 2000 fell 0.87%, and the FT Wilshire 5000 Index fell 0.91%. SURVEYS Size It Up Trends in administration and design don’t apply to all plans equally, the 2025 PLANSPONSOR DC Survey: Plan Benchmarking report finds. DEALS AND PEOPLE Retirement Industry People Moves CalSTRS names new chief benefits officer; Pacific Life appoints PRT head; John Hancock Retirement selects head of strategic partnerships; and more. SMALL TALK ON THIS DATE: In 1894, the first American steel ship, the Dirigo, was launched from Bath, Maine. In 1913, the Sixteenth Amendment to the Constitution, granting Congress the authority to levy income taxes, was ratified. In 1917, not yet involved in World War I, the U.S. broke off diplomatic relations with Germany after the Germans announced their intention to practice unrestricted submarine warfare. In 1924, former U.S. president Woodrow Wilson died at age 67. In 1959, rock ‘n’ roll musicians Buddy Holly, Ritchie Valens, and “The Big Bopper” J. P. Richardson were all killed in a plane crash. In 1975, Egyptian singer Umm Kulthum, one the most famous Arab singers of the 20th century, died in Cairo. In 1995, astronaut Eileen Collins became the first woman to pilot a space shuttle, the Discovery. In 2005, lawyer and judge Alberto Gonzales was sworn in as the attorney general of the U.S., becoming the first Hispanic to occupy the post. Did someone forward you this newsletter? Sign up here to get NEWSDash directly in your mailbox! Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2025 Asset International, Inc. All rights reserved. No reproduction without prior authorization. Modern Slavery Statement 2022 | Do Not Sell My Personal Information | Privacy (including cookies), Social Media & Legal 702 King Farm Boulevard, Suite 300, Rockville, MD 20850