May 21st, 2025 Insight on Plan Design & Investment Strategy Every Weekday Compliance TIAA Sued Over Alleged Mismanagement of Employee Retirement Funds Former employees allege the retirement services provider breached its fiduciary duties by opting for high-cost investment options despite better alternatives.  Compliance House Financial Services Committee Advances Bill on CITs in 403(b) Plans Whether non-ERISA 403(b) plans should have access to invest in collective investment trusts was a point of contention during the committee meeting. Most Read Compliance Lawmakers Introduce Bill to Simplify Form 5500 Reporting Benefits Retirement Account Balances Often 'Are Far Too Low' For a Secure Retirement Opinions What a PEP Changes — and What It Doesn’t — for Employers MARKET MIRROR Tuesday, the Dow fell 114.83 points (0.27%) to close at 42,677.24, the Nasdaq fell 72.75 points (0.38%) to close at 19,142.71 and the S&P 500 fell 23.14 points (0.39%) to close at 5,940.46. The Russell 2000 rose 1.15 points (0.05%) to close at 2,105.58, and the FT Wilshire 5000 Index fell 215.21 points (0.36%) to close at 59,346.16. The 10-year Treasury note decreased 4/32, bringing the yield to 4.491%. The 30-year Treasury bond decreased 1 1/32, bringing the yield to 4.979%. Products Aon Launches Health Pricing Tool Amid Rising Costs, Heightened Fiduciary Risks The product offers insights from public health care pricing data to assist plan sponsors with managing rising costs and reducing fiduciary risks. Ask the Experts Is the IRS’ Self-Correction Program Available to Governmental Plans? Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.  SMALL TALK ON THIS DATE: In 1871, the French Army put down an insurrection by the Paris Commune against the French national government of President Adolphe Thiers, beginning a period of violence known as “Bloody Week.” In 1881, Clara Barton founded the American Association of the Red Cross (later the American Red Cross). In 1932, aviator Amelia Earhart became the first woman to pilot an airplane solo across the Atlantic Ocean. In 1972, Michelangelo’s Pietà, a sculpture depicting the Virgin Mary supporting the body of the dead Christ, was attacked and badly damaged in St. Peter’s Basilica, Vatican City. In 1991, Indian politician Rajiv Gandhi, the country’s prime minister from 1984 to 1989, was assassinated in a suicide bombing attack. In 2000, British author Dame Barbara Cartland died at age 98 in England. In 2017, after years of declining attendance—in part due to animal rights protests—the Ringling Bros. and Barnum & Bailey Circus gave what it said would be its final performance. (In 2023, the circus returned with an animal-free show).  Industry Intel Roundup—Featured White Paper PLANSPONSOR is pleased to present the next edition of our Industry Intelligence roundup. This week, we are featuring white papers offering key insights and analysis about the industry. The content was created to educate, inform and offer ideas for plan sponsors regarding plan design, investing, administration and compliance. SPONSORED BY: Invesco DC Survey: Participant views on AI and private markets Invesco's new DC Pulse Survey of plan participants focused on their views on AI and private markets. Did someone forward you this newsletter? Sign up here to get NEWSDash directly in your mailbox! Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2026 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