March 5th, 2024 Insight on Plan Design & Investment Strategy Every Weekday Benefits Into the Pool Representatives from two different companies explain the process by which their firms chose their respective multiple employer retirement solutions. Investing Rise in TDF Popularity Causes Core Menus to Shrink Because target-date funds represent a large and growing share of plan assets, plan sponsors are narrowing their core investment menus, according to NEPC data. Most Read Investing Johns Hopkins Study: Private Equity, 401(k)s Do Not Mix Compliance JPMorgan Sued for Including ‘Underperforming’ Stable Value Fund in 401(k) Menu Compliance Lawsuit Against Lockheed Martin Criticizes Firm for Using In-House TDFs MARKET MIRROR Monday, the Dow fell 97.55 points (0.25%) to close at 38,989.83, the Nasdaq fell 67.43 points (0.41%) to close at 16,207.51 and the S&P 500 fell 6.13 points (0.12%) to close at 5,130.95. The Russell 2000 fell 2.09 points (0.10%) to close at 2,074.31, and the FT Wilshire 5000 Index fell 56.67 points (0.11%) to close at 51,669.13. The 10-year Treasury note fell 3/32, bringing the yield to 4.218%. The 30-year Treasury bond fell 3/32, bringing the yield to 4.355%. Data and Research EBRI Report Estimates At Least 21.9M Workers Will Be Eligible for Saver’s Match Qualified recipients will be able to collect up to $1,000 in federal matching retirement plan contributions, starting in 2027. EVENTS PLANSPONSOR Roadmap: Financial Wellness Join us March 7 for the insights needed to develop or update financial wellness programs for employees. You’ll hear from plan sponsors, advisers and other industry experts about successful financial wellness strategies, and you’ll come away with resources and checklists to guide you on your own journey of implementing important benefits.  SMALL TALK ON THIS DATE: In 1770, harassed by a mob, British troops opened fire, killing Crispus Attucks and four others in the Boston Massacre, an event that galvanized anti-British feelings in the lead-up to the American Revolution. In 1887, Brazilian musician and Latin American composer Heitor Villa-Lobos was born in Rio de Janeiro. In 1946, British Prime Minister Winston Churchill popularized the term “Iron Curtain”—describing the separation of the Soviet Union and its Eastern and Central European allies from Western nations—in a speech at Fulton, Missouri. In 1953, Soviet Premier Joseph Stalin died at age 74 and was succeeded by Georgy Malenkov. In 1955, Chinese author Mo Yan, who won the 2012 Nobel Prize for Literature for his imaginative and humanistic fiction, was born. In 1963, country and western singer Patsy Cline died in an airplane crash at age 30. In 1979, the U.S. space probe Voyager 1 flew by Io, the innermost of Jupiter’s satellites, and observed nine active volcanoes on its surface. In 2013, Venezuelan politician Hugo Chávez died at age 58. Did someone forward you this newsletter? Sign up here to get NEWSDash directly in your mailbox! Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2025 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