Plansponsor Logo
PLANSPONSOR NEWSDASH LOGO June 1st, 2021
Insight on Plan Design & Investment Strategy Every Weekday
Administration
Technology and Personalization Play a Part in Next Gen Retirement Income
Technology and Personalization Play a Part in Next Gen Retirement Income
Helping DC plan participants create retirement income starts with the savings experience and includes using technology to offer customization opportunities, as well as non-guaranteed and guaranteed investments.
Awards
2021 Plan Sponsors of the Year
We are pleased to announce the 2021 Plan Sponsor of the Year winner in the Corporate 401(k) >$1B category: Sony Corporation of America.
Most Read
Research
2021 Target-Date Fund Survey
Compliance
The DOL Has Begun Retirement Plan Cybersecurity Audits
Compliance
Rush of Litigation Against Retirement Plans Expected to Continue
SPONSORED BY: Invesco
Watch Your Language: Rethinking How We Communicate With Participants
Learn more from our three key insights on how to communicate with participants.
Economic Events
Today, the Census Bureau will report about construction spending in April. Thursday, the Labor Department will issue its initial claims report, and Freddie Mac will update average mortgage interest rates.
Market Mirror
Friday, the Dow climbed 64.81 points (0.19%) to 34,529.45, the Nasdaq closed 12.46 points (0.09%) higher at 13,748.74, and the S&P 500 was up 3.23 points (0.08%) at 4,204.11. The Russell 2000 decreased 4.10 points (0.18%) to 2,268.97, and the Wilshire 5000 gained 23.08 points (0.05%) to finish at 43,966.35.

The price of the 10-year Treasury note was up 2/32, decreasing its yield to 1.584%. The price of the 30-year Treasury bond increased 27/32, bringing its yield down to 2.264%.

For the week ending May 28, the Dow was up 0.94%, the Nasdaq gained 2.06%, and the S&P 500 increased 1.16%. The Russell 2000 climbed 2.42%, and the Wilshire 5000 finished 1.49% higher.
Data and Research
What Makes an Average Retiree Feel Confident?
New data published by the Employee Benefit Research Institute offers a few answers.
UpFront
Nuances of Employer-Sponsored Plans
401(k)s, 403(b)s and 457(b)s have been growing increasingly similar, though a number of key distinctions remain.
Small Talk
ON THIS DATE: In 1792, Kentucky became the 15th state. In 1796, Tennessee became the 16th state. In 1861, the first skirmish of the U.S. Civil War took place at the Fairfax Court House, Virginia. In 1869, Thomas Edison received a patent for his electric voting machine. In 1892, the General Electric Company (GE) began operations after the merging of the Edison General Electric and the Thomson-Houston Electric companies. In 1934, the Tokyo-based Jidosha-Seizo Kabushiki-Kaisha (Automobile Manufacturing Co., Ltd. in English) took on a new name: Nissan Motor Company. In 1961, radio listeners in New York, California, and Illinois were introduced to FM multiplex stereo broadcasting. A year later the FCC made this a standard. In 1968, Helen Keller died in Easton, Connecticut, at the age of 87. In 1980, CNN (Cable News Network), the world’s first 24-hour television news network, made its debut. In 1999, Merrill Lynch chairman David Komansky announced that the firm would soon allow its customers to buy and sell stocks over the Internet. In 2009, General Motors filed for Chapter 11 Bankruptcy. The filing made GM the largest U.S. industrial company to enter bankruptcy protection.

No TUESDAY TRIVIA this week.
Did someone forward you this newsletter? Sign up here to get NEWSDash directly in
your mailbox!
rss icon twitter icon linkedin-in icon facebook icon
ISS MEDIA logo
Unsubscribe | Manage Subscriptions | Contact Us | Privacy Policy | Advertise
©2021 Asset International Inc. All rights reserved.
702 King Farm Boulevard, Suite 400, Rockville, MD 20850