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PLANSPONSOR NEWSDASH LOGO May 6th, 2021
Insight on Plan Design & Investment Strategy Every Weekday
Benefits
Grouping Benefits to Enhance Financial Wellness
Grouping Benefits to Enhance Financial Wellness
Instead of giving employees a list of benefit products, plan sponsors should consider presenting them as resources for different life stages, which can lead to better participation.
Benefits
Measuring the Impact of a Well-Being Program: U-Haul’s Story
U-Haul shared how it uses data and employee feedback to continually improve its health and well-being program and move up the Healthiest 100 Workplaces in America list.
Most Read
Research
2021 Target-Date Fund Survey
Compliance
The DOL Has Begun Retirement Plan Cybersecurity Audits
Compliance
Rush of Litigation Against Retirement Plans Expected to Continue
Market Mirror
Wednesday, the Dow closed 97.31 points (0.29%) higher at 34,230.34, the Nasdaq fell 51.08 points (0.37%) to 13,582.43, and the S&P 500 was up 2.93 points (0.07%) at 4,167.59. The Russell 2000 lost 6.92 points (0.31%) to finish at 2,241.37, and the Wilshire 5000 decreased 45.85 points (0.11%) to 43,513.75.

The price of the 10-year Treasury note was up 1/32, decreasing its yield to 1.578%. The price of the 30-year Treasury bond increased 4/32, bringing its yield down to 2.247%.
Compliance
SECURE Act 2.0 Passed Unanimously by Ways and Means Committee
A rare unanimous affirmative voice vote by the Ways and Means Committee allows the SECURE Act 2.0 to be considered by the full House of Representatives.
Products
Ascensus Offers Personalized, AI-Driven Financial Wellness
The new service uses machine learning to provide employees with guidance that can help build short-term financial resiliency while also considering long-term financial goals.
Small Talk
ON THIS DATE: In 1851, the mechanical refrigerator was patented by Dr. John Gorrie. In 1861, Arkansas became the ninth state to secede from the Union. In 1877, Chief Crazy Horse surrendered to U.S. troops in Nebraska. In 1935, President Franklin D. Roosevelt signed an executive order creating the Works Progress Administration (WPA), one of many Great Depression relief programs. In 1937, the airship Hindenburg, the largest dirigible ever built, burst into flames upon touching its mooring mast in Lakehurst, New Jersey, killing 36 passengers and crew members. In 1940, John Steinbeck was awarded the Pulitzer Prize for his novel “The Grapes of Wrath.” In 1957, U.S. Senator John Fitzgerald Kennedy was awarded the Pulitzer Prize for his book “Profiles in Courage.” In 1960, President Dwight Eisenhower signed the Civil Rights Act of 1960. In 1981, a jury of international architects and sculptors unanimously selected Maya Ying Lin’s entry for the design of the Vietnam Veterans Memorial. In 1994, the Channel Tunnel officially opened. The tunnel under the English Channel links England and France.

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