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PLANSPONSOR NEWSDASH LOGO September 15th, 2020
Insight on Plan Design & Investment Strategy Every Weekday
Awards
PSOY: Nonprofit DC <$500MM
PSOY: Nonprofit DC <$500MM
We are pleased to announce the Plan Sponsor of the Year award winner in the Nonprofit DC <$500MM category—Cobleskill Regional Hospital. View the expanded profile here.
PSOY: Nonprofit DC >$500MM
We are pleased to announce the Plan Sponsor of the Year award winner in the Nonprofit DC >$500MM category—Yale University. Read the expanded profile here.
Most Read

2020 PLANSPONSOR National Conference
Benefits
Are Employer-Sponsored DC Plans the Best Retirement Savings Vehicles?

2020 Recordkeeping Survey
SPONSORED BY: SEI Investment Manager Services
Future Trends in CIT Product Development
New developments in the DC landscape are accelerating CIT asset growth. Greater demand for personalized and custom solutions has created new opportunities. Explore how asset managers can take advantage of the positive trends.
Market Mirror
Yesterday, the Dow gained 327.69 points (1.18%) to finish at 27,993.33, the NASDAQ closed 203.11 points (1.87%) higher at 11,056.65, and the S&P 500 increased 42.57 points (1.27%) to 3,383.54. The Russell 2000 was up 39.70 points (2.65%) at 1,536.97, and the Wilshire 5000 climbed 536.65 points (1.58%) to 34,609.36.

The price of the 10-year Treasury note was down 1/32, increasing its yield to 0.679%. The price of the 30-year Treasury bond decreased 22/32, bringing its yield up to 1.417%.
Compliance
Sutter Health Faces Second Lawsuit Challenging Use of Actively Managed TDFs
The most recent lawsuit says the actively managed suite’s risk has been amplified during the COVID-19 pandemic.
UpFront
COVID Calls For Beneficiary Reviews
Complex changes underline the value of good communications.
Products
PeopleKeep Offers ICHRA Decision and Design Support Tool
Individual Coverage Health Reimbursement Arrangements allow smaller employers, that might have smaller benefit budgets, to offer a good health benefit to employees.
Small Talk
ON THIS DATE: In 1789, the U.S. Department of Foreign Affairs was renamed the Department of State. In 1853, Reverend Antoinette Brown Blackwell was ordained, becoming first female minister in the United States. In 1916, during the Battle of the Somme, the British launched a major offensive against the Germans, employing tanks for the first time in history. In 1928, Alexander Fleming discovered the antibiotic penicillin in the mold Penicillium notatum. In 1949, “The Lone Ranger” premiered on ABC. In 1963, a bomb exploded during Sunday morning services in the 16th Street Baptist Church in Birmingham, Alabama, killing four young girls. In 1978, boxer Muhammad Ali defeated Leon Spinks at the Louisiana Superdome in New Orleans to win the world heavyweight boxing title for the third time in his career, the first fighter ever to do so. In 1982, the first issue of “USA Today” was published. In 1997, the domain name “google.com” was registered. In 2008, Wall Street brokerage firm Lehman Brothers sought Chapter 11 bankruptcy protection, becoming the largest victim of the subprime mortgage crisis that would devastate financial markets and contribute to the biggest economic downturn since the Great Depression.
TUESDAY TRIVIA: From where did the word influenza come?
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