June 12th, 2025 Insight on Plan Design & Investment Strategy Every Weekday Data and Research Fewer Plan Sponsors Terminating DB Plans Amid Risk Management Shifts Managers are looking at plan design changes or risk transfers, in lieu of walking away. Compliance Cigna Hit With 2nd ERISA Complaint Over Alleged Misuse of 401(k) Plan Forfeitures A separate lawsuit was filed against the health care company in May, as similar cases continue. Most Read Compliance Lawmakers Introduce Bill to Simplify Form 5500 Reporting Benefits Retirement Account Balances Often 'Are Far Too Low' For a Secure Retirement Opinions What a PEP Changes — and What It Doesn’t — for Employers MARKET MIRROR Wednesday the Dow fell 1.10 points (0.003%) to close at 42,865.77, the Nasdaq fell 99.11 points (0.5%) to close at 19,615.88 and the S&P 500 fell 16.57 points (0.27%) to close at 6,022.24. The Russell 2000 fell 8.17 points (0.38%) to close at 2,148.23, and the FT Wilshire 5000 Index fell 165.44 points (0.27%) to close at 60,189.72.  The 10-year Treasury note rose 4/32, bringing the yield to 4.427%. The 30-year Treasury bond rose 2/32, bringing the yield to 4.920%.  Compliance DOJ, FTC to Host 3 Sessions on Lowering Drug Prices Through Competition Discussion topics include ‘anticompetitive conduct’ by pharmaceutical companies’ ‘regulatory abuse’ and turning insights into action. AWARDS Meet the 2025 Plan Sponsor of the Year Winners Nonprofit DC <$200M – The Salvation Army Southern Territory NOMINATOR COMMENTS “The Salvation Army Southern Territory executed a comprehensive strategy over the last 18 months that included simplifying the retirement plan structure, automating key plan features, increasing matching contributions and ensuring all changes were communicated effectively to employees.” ON THIS DATE ON THIS DATE: In 1898, the Philippines, under revolutionary leader Emilio Aguinaldo, declared its independence from Spain. In 1924, President George H.W. Bush, who served as vice president of the U.S. from 1981 to 1989 and was elected the 41st president, serving from 1989 to 1993, was born in Milton, Massachusetts. In 1939, the Baseball Hall of Fame in Cooperstown, New York, held its first induction ceremony; Babe Ruth, Ty Cobb and Honus Wagner were among the inaugural class. In 1963, civil rights activist Medgar Evers was fatally shot outside his home in Jackson, Mississippi; his murder received national attention and helped galvanize the movement. In 1967, the Supreme Court decided the lawsuit Loving v. Virginia. Ruling unanimously, justices struck down state laws in Virginia that banned interracial marriages as unconstitutional. In 1981, the action adventure film, “Indiana Jones and the Raiders of the Lost Ark”—directed by Steven Spielberg and starring Harrison Ford—was released in theatres. In 1991, Boris Yeltsin was elected president of Russia, which was then part of the Soviet Union, in the republic’s first direct, popular elections. The same year, a series of major explosions began inside Mount Pinatubo, a volcano in western Luzon, Philippines—its first eruption in 600 years. In 2003, actor Gregory Peck died at age 87, in Los Angeles. In 2016, the deadliest mass shooting in U.S. history up to that time occurred when Omar Mateen opened fire at Pulse, an LGBTQ nightclub in Orlando, Florida, killing 49 people and wounding more than 50.  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