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To Ensure All Are Well
Building custom programs can support the next phase of financial wellness.
DOL’s ESOP Valuation Case Against Engineering Firm Falls Flat
The court notes that the ESOP trustees, while accepting a price very close to what the sellers were seeking, saved the company millions of dollars by negotiating a relatively low rate on seller notes used to finance the deal.
Most Read
More TDF Underperformance Lawsuits Emerge Across US
Data and Research
Plan Sponsors and Participants Cite Different ‘Important’ Benefits
Managed Account Fees Challenged in Latest ERISA Lawsuit
Market Mirror
Wednesday, the Dow closed 102.32 points (0.30%) higher at 34,416.99, the Nasdaq increased 68.08 points (0.47%) to 14,501.91, and the S&P 500 was up 17.83 points (0.41%) at 4,363.55. The Russell 2000 fell 13.36 points (0.60%) to 2,215.00, and the Wilshire 5000 gained 167.43 points (0.37%) to finish at 45,346.28.

The price of the 10-year Treasury note was unchanged, with its yield down to 1.527%. The price of the 30-year Treasury bond increased 26/32, decreasing its yield to 2.080%.
New Report Shows Where Active Managers Struggle
The authors of a new report from S&P Dow Jones Indices say it is worth taking a moment to delve deeper into performance differences across actively managed market cap segments.
PBI Research Launches Pension Plan Population Management Solution
The solution includes identifying decedents with CertiDeath, locating missing participants and/or beneficiaries and updating personally identifiable information (PII), among other things.
Small Talk
ON THIS DATE: In 1868, Cornell University was inaugurated in Ithaca, New York. In 1913, the moving assembly line debuted at Henry Ford’s Highland Park, Michigan, factory. In 1949, less than five months after Great Britain, the United States and France established the Federal Republic of Germany in West Germany, the Democratic Republic of Germany was proclaimed within the Soviet occupation zone in East Germany. In 1950, U.S.-led U.N. forces crossed the 38th parallel and entered North Korea. In 1963, President John Kennedy signed a nuclear test ban treaty with Britain and the Soviet Union. In 1968, the Motion Picture Association of America adopted the film-rating system that ranged for “G” to “X.” In 1982, a record was set when 147,000,000 shares were exchanged on the New York Stock Exchange. In 1998, the U.S. government filed an antitrust suit that alleged Visa and MasterCard inhibit competition by preventing banks from offering other cards. In 2001, a U.S.-led coalition began attacks on Taliban-controlled Afghanistan with an intense bombing campaign by American and British forces. In 2003, in California, Arnold Schwarzenegger was elected governor in the recall election of Governor Gray Davis. In 2003, Randy Quaid received a star on the Hollywood Walk of Fame. In 2004, Billy Bob Thornton got a star on the Hollywood Walk of Fame.

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