Plansponsor Logo
PLANSPONSOR NEWSDASH LOGO October 20th, 2021
Insight on Plan Design & Investment Strategy Every Weekday
Compliance
2021 ERISA Plan Compliance Calendar
2021 ERISA Plan Compliance Calendar
Do you know the important end-of-year due dates applicable to your plan?
Event
Webinar: Communicating to Boost Participant Engagement
Join PLANSPONSOR and industry sources tomorrow as they discuss how to determine what education and communication is needed by employees; ways to target communications to different employee groups; and ideas for making communications actionable.
Most Read
Research
2021 DC Plan Benchmarking Survey
Data and Research
Working Past Age 65 May Seem Like a Great Idea …
Data and Research
2022 Retirement Industry Trends to Follow
Economic Events
Privately‐owned housing starts in September were at a seasonally adjusted annual rate of 1,555,000, the Census Bureau reported. This is 1.6% below the revised August estimate of 1,580,000 but is 7.4% above the September 2020 rate of 1,448,000. Single‐family housing starts in September were at a rate of 1,080,000; this is virtually unchanged from the revised August figure of 1,080,000. The September rate for units in buildings with five units or more was 467,000.
Market Mirror
Tuesday, the Dow increased 198.70 points (0.56%) to 35,457.31, the Nasdaq gained 107.28 points (0.71%) to finish at 15,129.09, and the S&P 500 climbed 33.17 points (0.74%) to 4,519.63. The Russell 2000 was up 8.07 points (0.36%) at 2,275.91, and the Wilshire 5000 closed 323.33 points (0.69%) higher at 47,060.18.

The price of the 10-year Treasury note was down 4/32, increasing its yield to 1.638%. The price of the 30-year Treasury bond decreased 32.32, bringing its yield up to 2.088%.
Ask the Experts
Setting an Interest Rate for Plan Participant Loans
“We sponsor an Employee Retirement Income Security Act (ERISA) 403(b) plan and are in the process of adding a loan feature. Our recordkeeper has asked us to set an interest rate for loans. Is there any guidance as to what interest rate we should set?”
Compliance
Judge Finds Separation Agreement Precludes ERISA Suit
A court found the terms of the agreement were broad enough to reject the plaintiff’s argument that he should be able to sue because his claims belong to, and are brought on behalf of, the plan.
Court Addresses ERISA Coverage of Voluntary Benefit
A court found an employer ‘contributed’ to a supplemental AD&D policy by paying for basic AD&D insurance and that it ‘established’ the plan by negotiating terms with the insurer.
Small Talk
The majority of employers with remote employees are monitoring their activity, and 14% are not telling employees about it, a survey finds.
ON THIS DATE: In 1803, the Senate approved the Louisiana Purchase. In 1818, the U.S. and Great Britain established the boundary between the U.S. and Canada to be the 49th parallel. In 1947, a Congressional committee began investigating Communist influence in Hollywood. In 1968, 21-year-old Oregonian Dick Fosbury won gold—and set an Olympic record—when he high-jumped 7 feet 4 1/4 inches at the Mexico City Games. In 1979, the John F. Kennedy Library in Boston was dedicated. In 1994, the website WhiteHouse.gov was launched.

WEDNESDAY WISDOM: “How beautiful the leaves grow old. How full of light and color are their last days.”—John Burroughs, American naturalist and nature essayist
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.
Did someone forward you this newsletter? Sign up here to get NEWSDash directly in
your mailbox!
rss icon twitter icon linkedin-in icon facebook icon
ISS MEDIA logo
Unsubscribe | Manage Subscriptions | Contact Us | Privacy Policy | Advertise
©2021 Asset International Inc. All rights reserved.
702 King Farm Boulevard, Suite 400, Rockville, MD 20850