May 14th, 2024 Insight on Plan Design & Investment Strategy Every Weekday Administration Dealing with Stress, Burnout in the HR, Benefits Department With fatigue and exhaustion on the rise among HR leaders, plan sponsors are tasked with managing the stresses that their benefits teams face while also prioritizing the needs of their participants. Compliance Industry Groups Request SCOTUS Hearing for AT&T ERISA Case A seven-year-old lawsuit concerning fee disclosure could be before the Supreme Court next term. Most Read Benefits JPMorgan Sued Over Cost of Generic Drugs in Health Plan Investing Johns Hopkins Study: Private Equity, 401(k)s Do Not Mix 2025 Service Stars MARKET MIRROR Monday, the Dow fell 81.33 points (0.21%) to close at 39,431.51, the Nasdaq rose 47.37 points (0.29%) to close at 16,388.24 and the S&P 500 fell 1.26 points (0.02%) to close at 5,221.42. The Russell 2000 rose 2.35 points (0.11%) to close at 2,062.12, and the FT Wilshire 5000 Index fell 10.18 points (0.019%) to close at 52,458.11. The 10-year Treasury note rose 22/32, bringing the yield to 4.493%. The 30-year Treasury bond rose 1/32, bringing the yield to 4.637%. Administration Fidelity Investments Reorganizes Rutland Square Trust II Fidelity is seeking agreement from shareholders to reorganize funds offered through Fidelity Personal & Workplace Advisors LLC by RIA Strategic Advisers LLC funds. UpFront Ready to Offer Managed Accounts? Fiduciaries have numerous things to consider beyond just added cost when deciding whether the option is right for their company. SMALL TALK ON THIS DATE: In 1607, the first permanent British settlement in North America was founded at Jamestown, Virginia. In 1643, four-year-old Louis XIV ascended the throne of France. In 1771, Robert Owen, a manufacturer turned reformer was born in Newtown, Wales. In 1796, English surgeon Edward Jenner administered the first vaccination against smallpox. In 1804, Meriwether Lewis and William Clark embarked from the Midwest on their expedition to the Pacific coast of North America. In 1973, Skylab, the first U.S. space station, was launched. In 1948, just before the expiry of the British mandate in Palestine—David Ben-Gurion and the Jewish People’s Council proclaimed the establishment of the State of Israel, precipitating the first Arab-Israeli war. In 1984, Facebook founder Mark Zuckerberg was born. In 1998, singer and actor Frank Sinatra died at age 82. The same year, the last episode of the television situation comedy “Seinfeld,” aired. In 2015, guitarist and singer B.B. King died at age 89. 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