March 31st, 2022 Insight on Plan Design & Investment Strategy Every Weekday Awards 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. Benefits Workplace Benefits Can Help Employees Navigate Student Debt Plan sponsors are using several options to help employees manage student loan debt. Most Read Deals and People LPL Terminates CEO Dan Arnold Benefits Implementing Retirement Income Strategies Administration Plan Security Relies on Vetting 3rd-Party Providers 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%. Compliance 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. No SURVEY SAYS this week. 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 300, Rockville, MD 20850