May 1st, 2025 Insight on Plan Design & Investment Strategy Every Weekday Data and Research PRT Volume Slips in Q1 Due to Market Volatility The average cost to transfer corporate pension plan liabilities and to purchase an annuity both went up, according to Milliman. Benefits Nevada Joins Interstate Auto-IRA Consortium Led by Colorado Treasury The state programs, administered by Vestwell, expect the partnership to reduce costs. Most Read Compliance DOL Expects to Release Guidance on Paper Statements, E-Disclosures Compliance Recordkeepers Brace for ‘Roth-Only’ Catch-Ups: What 2026 Rollout Might Look Like  Deals and People Bill Ryan to Join Carlyle as Managing Director, Head of Retirement Solutions MARKET MIRROR Wednesday the Dow rose 141.74 points (0.35%) to close at 40,669.36, the Nasdaq fell 14.98 points (0.09%) to close at 17,446.34 and the S&P 500 rose 8.23 points (0.15%) to close at 5,569.06. The Russell 2000 dropped 12.40 points (0.63%) to close at 1,97664.12, and the FT Wilshire 5000 Index rose 44.00 points (0.08%) to close at 55,521.83. The 10-year Treasury note increased 1/32, bringing the yield to 4.164%. The 30-year Treasury bond fell 27/32, bringing the yield to 4.688%. Benefits Empower Launches Fee-Free Index Fund The firm intends to offer retirement plan participants higher growth potential by removing management fees in what it terms an industry first. EVENTS 2025 PLANSPONSOR Roadmap Livestream Series: Health Plan Fiduciary Duties Get education and resources from experts about Consolidated Appropriations Act provisions and optimal ways to implement them, as well as learn how to apply a fiduciary process to health benefit plans. Four-part series available on demand. SMALL TALK ON THIS DATE: In 1866, the Memphis race riot began as members of the city’s white majority attacked Black residents, 46 of whom were killed; the unprovoked violence helped to win passage of the Fourteenth Amendment. In 1898, the Battle of Manila Bay ended in the defeat of the Spanish Pacific fleet by the U.S. Navy, resulting in the fall of the Philippines and contributing to the final U.S. victory in the Spanish-American War. In 1931, the Empire State Building in New York City officially opened; for four decades it was the tallest building in the world, and it is considered a U.S. landmark. In 1941, Orson Welles’s Citizen Kane, considered by many critics to be the greatest film ever made, premiered in New York City. In 1961, the first major airplane hijacking within the United States occurred when a man forced a commercial airliner en route from Miami to Key West, Florida, to detour to Cuba. In 1999, the body of British mountaineer George Mallory was discovered on Mount Everest, some 75 years after he and Andrew Irvine disappeared while attempting to become the first people to summit the peak. 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