July 1st, 2021 Insight on Plan Design & Investment Strategy Every Weekday Administration PSNC 2021: A Checklist for Your Retirement Plan Committee It’s important to assemble the right people with the right tools to make a retirement plan committee as efficient as it can be. Editor’s Note Calling SEP IRA, SIMPLE IRA, and Solo 401(k) Administrators! Does your organization administer Simplified Employee Pension Plan (SEP) IRAs, Savings Incentive Match Plan for Employees (SIMPLE) IRAs, or Solo/Individual 401(k) plans? If so, please email our Research and Surveys team at surveys@issmediasolutions.com to learn more about how to be included in our 2021 Small Plan Services Guide, which will be published in the July/August issue of PLANADVISER magazine. Most Read Compliance Final Retirement Security Rule Published Data and Research Advanced Recordkeeping Technology Allows for More Personalization in TDFs Data and Research WNBA Pay Disparity Puts Spotlight on Retirement Gender Savings Gap Market Mirror Wednesday, the Dow gained 210.22 points (0.61%) to finish at 34,502.51, the Nasdaq decreased 24.38 points (0.17%) to 14,503.95, and the S&P 500 increased 5.70 points (0.13%) to 4,297.50. The Russell 2000 was up 1.71 points (0.07%) at 2,310.55, and the Wilshire 5000 closed 19.01 points (0.04%) higher at 45,113.91. The prices of the 10-year Treasury note and 30-year Treasury bond were each up 1/32, decreasing their yields to 1.466% and 2.082%, respectively. Products DCIIA Publishes Resource for Incorporating ESG Investments in DC Plans The paper aims to provide plan sponsors with tactical steps consistent with their fiduciary obligations. Public Plans Database Has Been Expanded Users can now find comprehensive data about public DC plans as well as public DB plans. Principal Renews Focus on Retirement Plans, Asset Management Participant experience will continue to be an integral focus, and it will continue to pursue digital solutions, the firm said. Small Talk ON THIS DATE: In 1862, Congress established the Bureau of Internal Revenue. In 1863, during the U.S. Civil War, the first day’s fighting at Gettysburg began. In 1874, the Philadelphia Zoological Society opened the first zoo in the United States. In 1905, the USDA Forest Service was created within the Department of Agriculture. The agency was given the mission to sustain healthy, diverse, and productive forests and grasslands for present and future generations. In 1934, the Federal Communications Commission replaced the Federal Radio Commission as the regulator of broadcasting in the United States. In 1941, Bulova Watch Company sponsored the first TV commercial in New York City. In 1943, the U.S. Government began automatically withholding federal income tax from paychecks. In 1950, American ground troops arrived in South Korea to stem the tide of the advancing North Korean army. In 1963, the U.S. postmaster introduced the five-digit ZIP (Zoning Improvement Plan) code. In 1966, the Medicare federal insurance program went into effect. In 1979, the first Sony Walkman went on sale. In 1984, the Motion Picture Association of America (MPAA), which oversees the voluntary rating system for movies, introduced a new rating, PG-13. In 1987, John Kevin Hill, at age 11, became the youngest to fly across the U.S. when he landed at National Airport in Washington, D.C. SURVEY SAYS: We just wrapped up our virtual 2021 PLANSPONSOR National Conference and have been discussing the pros and cons of virtual conferences versus in-person conferences. This week, I’d like to know, have you attended a virtual conference, what did you like most and what did you like least? You may respond to this week’s survey by 6 p.m. Pacific time today. Did someone forward you this newsletter? Sign up here to get NEWSDash directly in your mailbox! Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2024 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 400, Rockville, MD 20850