January 27th, 2025 Insight on Plan Design & Investment Strategy Every Weekday Compliance Industry Groups Urge Dismissal of PRT Lawsuit Against Bristol-Myers Squibb In an amicus brief, several advocacy groups expressed concerns that allowing the lawsuit to survive a motion to dismiss would trigger a surge in frivolous litigation. Awards MEPs and PEPs Eligible for Plan Sponsor of the Year PLANSPONSOR is opening its Plan Sponsor of the Year awards to closed MEPs and to PEPs. Only the pooled plan provider, or PPP, of a PEP can apply, and only the sponsoring entity of a closed MEP can apply. If we have enough entries, we will recognize these categories in the 2025 awards program.If you... Most Read Benefits Who Are the 43% of Americans Who Work After Claiming Social Security? Compliance DOL Submits Alternative Investments Rule to White House Department Compliance District Judge Tosses Verizon PRT Complaint ECONOMIC EVENTS Wednesday, the Federal Reserve’s Open Market Committee will announce the results of its January meeting and any interest rate decision. Thursday, the Department of Labor will issue its initial jobless claims report, and Freddie Mac will update average mortgage rates for the week. MARKET MIRROR Friday, the Dow fell 140.82 points (0.32%) to close at 44,424.25, the Nasdaq fell 99.38 points (0.50%) to close at 19,954.30 and the S&P 500 fell 17.47 points (0.29%) to close at 6,101.24. The Russell 2000 fell 6.86 points (0.30%) to close at 2,307.74, and the FT Wilshire 5000 Index fell 159.27 points (0.26%) to close at 61,333.85. The 10-year Treasury note increased 23/32, bringing the yield to 4.634%. The 30-year Treasury bond increased 4/32, bringing the yield to 4.849%. In the week ending January 24, the Dow rose 2.15%, the Nasdaq rose 1.65% and the S&P 500 rose 1.74%. The Russell 2000 rose 1.40%, and the FT Wilshire 5000 Index finished 1.73% higher. Case Study Preparing the Way Illing Packaging engages its workforce and sees reduced financial stress. DEALS AND PEOPLE Retirement Industry People Moves Nationwide’s president and COO announces retirement; T. Rowe Price hires an institutional business development executive; Alera Group appoints a new director of retirement adviser services; and more. SMALL TALK ON THIS DATE: In 1945, the Nazi concentration camp at Auschwitz, Poland, was liberated by Soviet troops. In 1955, jurist John G. Roberts, Jr., who serves as the 17th chief justice of the U.S. Supreme Court, was born. In 1967, during a simulation of a launch, U.S. astronauts Virgil I. Grissom, Edward H. White and Roger B. Chaffee perished in a fire aboard Apollo 1. In 1973, the Paris Peace Accords ending the Vietnam War, America’s longest war to that time, was signed, providing for an exchange of prisoners and for the unilateral withdrawal of U.S. forces from South Vietnam. In 2010, writer J.D. Salinger—best known for The Catcher in the Rye—died at age 91. In 2011, the Yemen Uprising began as thousands of protestors rallies in Sanaa, Yemen to demand the resignation of Ali Abdullah Saleh and to call for political and economic reform. In 2018, Swedish entrepreneur Ingvar Kamprad—who founded the home furnishings retailer IKEA—died at age 91. Did someone forward you this newsletter? Sign up here to get NEWSDash directly in your mailbox! Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2026 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