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2022 Plan Sponsor of the Year Finalists
2022 Plan Sponsor of the Year Finalists
PLANSPONSOR is pleased to announce the 2022 Plan Sponsor of the Year awards finalists in the Corporate DC >$250MM – $1B and Corporate DC >$1B categories.
Workplace Benefits Can Help Employees Navigate Student Debt
Plan sponsors are using several options to help employees manage student loan debt.
Most Read
Data and Research
Health Care in Retirement Will Cost an Average of $315,000
Deals and People
Retirement Industry People Moves
Data and Research
401(k) vs. 403(b): Different Paths to Retirement Readiness
Market Mirror
Wednesday, the Dow decreased 65.38 points (0.19%) to 35,228.81, the Nasdaq fell 177.36 points (1.21%) to 14,442.28, and the S&P 500 closed 29.15 points (0.63%) lower at 4,602.45. The Russell 2000 dropped 42.03 points (1.97%) to 2,091.07, and the Wilshire 5000 lost 396.66 points (0.85%) to finish at 46,320.49.

The price of the 10-year Treasury note was up 5/32, decreasing its yield to 2.346%. The price of the 30-year Treasury bond increased 29/32, bringing its yield down to 2.470%.
Securing a Strong Retirement Act Easily Passes House Vote
Supporters say the ambitious legislation package would expand retirement plan coverage and deliver benefits to relieve anxiety about having secure retirement income.
DOL Lawsuit Over Investment in DST Systems’ 401(k) Will Proceed
A federal court found the claims were not time-barred, the investment manager was responsible for its own fiduciary duties and an individual committee member can’t escape claims of breaches by omission.
Small Talk
ON THIS DATE: In 1889, the Eiffel Tower was dedicated in Paris. In 1906, the Intercollegiate Athletic Association of the United States was founded to set rules in amateur sports. The organization became the National Collegiate Athletic Association in 1910. In 1917, the U.S. purchased and took possession of the Virgin Islands from Denmark for $25 million. In 1918, Daylight Saving Time went into effect for the first time in the U.S. In 1932, the Ford Motor Co. debuted its V-8 engine. In 1933, Congress authorized the Civilian Conservation Corps to relieve rampant unemployment. In 1966, an estimated 200,000 anti-war demonstrators march in New York City. In 1987, HBO (Home Box Office) earned its first Oscar for “Down and Out in America.” In 1994, “Nature” magazine announced that a complete skull of Australppithecus afarensis had been found in Ethiopia. The finding is of humankind’s earliest ancestor. In 1998, Buddy Hackett received a star on the Hollywood Walk of Fame. In 2004, Google Inc. announced that it would be introducing a free e-mail service called Gmail.

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