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May 24th, 2023
Insight on Plan Design & Investment Strategy Every Weekday
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| ECONOMIC EVENTS |
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Sales of new single-family houses in April were at a seasonally adjusted annual rate of 683,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 4.1% above the revised March rate of 656,000 and is 11.8% above the April 2022 estimate of 611,000.
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| MARKET MIRROR |
Tuesday, the Dow fell 231.07 points (0.69%) to close at 33,055.51, the Nasdaq fell 160.53 points (1.26%) to close at 12,560.25 and the S&P 500 fell 47.05 points (1.12%) to close at 4,145.58. The Russell 2000 lost 7.67 points (0.43%) to close at 1,787.71, and the Wilshire 5000 lost 447.66 points (1.08%) to close at 40,949.85.
The price of the 10-year Treasury note decreased 1/32, bringing the yield to 3.700%. The price of the 30-year Treasury bond decreased 1/32, bringing the yield to 3.951%.
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SURVEYS
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Get Your SECURE 2.0 Questions Answered
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During a special session at the PLANSPONSOR National Conference in June, Mark Iwry will participate in a lightening round about the new SECURE 2.0 Act. Mark brings a unique insider’s perspective on the legislation, having been Senior Advisor to the Secretary of the Treasury (2009-2017) and the U.S. Treasury Department’s Deputy Assistant Secretary for national Retirement and Health Policy, as well as having advised Hill staff on the development of important parts of the law. It will be a perfect opportunity for you to have your questions answered. Please take a few minutes to complete this short survey to let us know what provisions of the law you want to hear about and what questions you have for Mark. 
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ON THIS DATE: In 1883, the Brooklyn Bridge—spanning the East River from Brooklyn to Manhattan Island in New York City—opened. It was designed by civil engineer John Augustus Roebling. In 1941, singer-songwriter Bob Dylan, who was hailed as the Shakespeare of his generation, was born in Duluth, Minnesota. In 1951, in the U.S. nuclear program, the fourth test of Operation Greenhouse was conducted, resulting in the first proof-of-principle test of a booster design in nuclear fission. In 1956, the first Eurovision Song Contest was held in Lugano, Switzerland, and it became a hugely popular annual event. In 1994, four men convicted in the 1993 bombing of the World Trade Center in New York City were each sentenced to 240 years in prison; the terrorist attack killed six people and injured some 1,000. In 2000, Israel ended its 18-year occupation of southern Lebanon, withdrawing the last of its troops from its self-declared security zone.
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| Industry Intel Roundup—Featured Webinars | | PLANSPONSOR is pleased to present the next edition of our Industry Intelligence roundup. This week, we are featuring webinars sponsored by experienced providers in the industry. The content was created to educate, inform and offer ideas for plan sponsors regarding plan design, investing, administration and compliance. |  | | January 28, 2026 | | Benchmarking Your Plan: Using Data to Stay Competitive | | In this webinar, you’ll discover how benchmarking can transform your retirement plan into a powerful tool for attracting and retaining talent. We’ll highlight key findings from the PLANSPONSOR Defined Contribution Survey and show how benchmarking drives smarter plan design decisions.
Hear real-world examples and advisor insights on improving plan competitiveness and employee outcomes. Find out why benchmarking matters, what to look for, and how to put these strategies into action. |
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| | | August 18, 2026 | | DB Plan Administration | | Besides findings from PLANSPONSOR’s annual Defined Benefit Administration Survey, our panel will discuss trends in the defined benefit plan sector. Speakers will also talk about ongoing management of DB plans—whether closed, frozen or active—and benchmarking DB plan providers. With many corporate DB plans now overfunded, the panel will also discuss ways that sponsoring companies can use their plan’s surplus. |
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| | | November 18, 2026 | | Understanding Participant Behavior | | The PLANSPONSOR Participant Survey examines the attitudes and behaviors of American workers participating—or not—in an employer-sponsored retirement plan. We’ll explore findings about respondents’ participation and saving decisions, retirement expectations and most-valued benefits. Speakers will suggest what the findings mean for retirement plan design, benefit offerings and participant engagement. |
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|  | | SPONSORED BY: ACI | December 16, 2025 | | Retirement Realities – What Sponsors May Be Missing | | What do plan sponsors believe about retirement readiness, and how does that compare to what participants actually feel? During this webinar, Glenn Dial, Senior Retirement Strategist at American Century Investments, will unpack the findings from the firm’s 12th Annual Retirement Survey. He’ll explore where sponsor and participant perspectives align – and where they diverge – on key issues like savings confidence, market risk, and retirement income expectations. Glenn will also touch on the evolving role of target date funds (TDFs) and how guaranteed income is being viewed in today’s defined contribution landscape. This session is designed to help retirement professionals better understand the sentiment gaps and take action to close them.
What You’ll Learn:
Fresh insights from the 2025 Retirement Survey.
Key disconnects between plan sponsors and participants.
Perspectives on market risk, TDFs, and retirement income.
Strategic considerations for plan design and communication
Whether you're a plan sponsor, advisor, or industry stakeholder, this webinar will help you rethink how retirement plans can better serve the people they're built for. |
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|  | | SPONSORED BY: Alight | December 3, 2025 | | The Vital Role of HSAs—Beyond a Spending Account | | This webinar will explore the multifaceted value of Health Savings Accounts (HSAs) for both employers and employees, positioning them as more than just tools for healthcare spending. It highlights the unique triple tax advantage of HSAs which makes them a powerful and cost-effective benefit for organizations aiming to enhance employee financial wellness without increasing costs.
We will also emphasize immediate employee benefits such as tax savings, flexibility in covering a wide range of medical expenses, portability, and the absence of a “use it or lose it” rule.
Finally, we will address the importance of minimizing fees, as even small differences can significantly impact long-term savings. It encourages plan sponsors to evaluate HSA providers with the same rigor as 401(k) vendors and to focus on low-cost investment options. |
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