February 4th, 2025 Insight on Plan Design & Investment Strategy Every Weekday Benefits SECURE 2.0: What’s Effective This Year and What Plan Sponsors Need for 2026 While implementing SECURE 2.0 provisions effective 2025, plan sponsors prepare for a big change next year. Investing Vanguard Announces Fee Reductions Across 87 Funds According to the firm, the reduction, which applies across 168 share classes, is its largest fee cut to date. Most Read Compliance ERISA Attorneys Call for Restoration of PBGC Pension Guarantees Benefits How to Make the Most of Increasing Longevity Benefits HSA Providers Fidelity, HealthEquity, HSA Bank, Saturna Earn High Marks from Morningstar MARKET MIRROR Monday, the Dow fell 122.75 points (0.28%) to close at 44,421.91, the Nasdaq fell 235.49 points (1.20%) to close at 19,391.96 and the S&P 500 fell 45.96 points (0.76%) to close at 5,994.57. The Russell 2000 fell 29.28 points (1.28%) to close at 2,258.42, and the FT Wilshire 5000 Index fell 480.01 points (0.79%) to close at 60,295.19. The 10-year Treasury note decreased 2/32, bringing the yield to 4.541%. The 30-year Treasury bond decreased 4/32, bringing the yield to 4.790%. Compliance Trader Joe’s 401(k) Plan Accused of Overinvesting in Single Fund, Mismanaging Forfeitures Two more companies, in addition to Trader Joe’s, now face lawsuits related to 401(k) forfeitures. EVENTS PLANSPONSOR Roadmap 2025 Livestream Series: Secure 2.0 Join PLANSPONSOR for the first Roadmap series of 2025 in February and March. Gain education and resources from experts about SECURE 2.0 provisions and optimal ways to implement them. Register here for any and all of the three event days.  SMALL TALK ON THIS DATE: In 1932, the U.S. hosted its first Winter Olympic Games, in Lake Placid, New York. In 1938, Thornton Wilder’s “Our Town,” a classic portrayal of small-town American life, made its Broadway debut. In 1945, during the final stages of World War II, the Yalta Conference opened with Franklin D. Roosevelt, Winston Churchill and Joseph Stalin meeting to plan the final defeat and occupation of Nazi Germany. In 1948, Ceylon (now Sri Lanka) gained independence from Great Britain. In 1974, newspaper heiress Patty Hearst was kidnapped by members of the Symbionese Liberation Army. In 2003, Yugoslavia officially changed its name to Serbia and Montenegro. In 2004, the website Facebook was launched (as TheFacebook.com). In 2012, British servicewoman Florence Green, the last surviving veteran of World War I, died at age 110. In 2020, Kenyan politician Daniel arap Moi, who served as his country’s president for almost 25 years, died at age 95.  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