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PLANSPONSOR NEWSDASH LOGO September 15th, 2021
Insight on Plan Design & Investment Strategy Every Weekday
Participants
Younger Participants Are Increasingly Using TDFs
Younger Participants Are Increasingly Using TDFs
An EBRI and ICI report find 62% of participants in their 20s use TDFs.

Ask the Experts
Crediting Service for Plan Participants Covered Due to Acquisition
“We are a 501(c)(3) health care organization that recently acquired another 501(c)(3) health care organization, which is not part of our controlled group. We plan on covering the employees of the acquired organization, but how do we treat the pre-acquisition service of these employees?”
Most Read
Research
2021 Recordkeeping Survey
Benefits
Defined Benefit vs. Defined Contribution: Understanding the Costs of Each
Investing
Considering the Arguments for and Against Actively Managed Funds in DC Plans
SPONSORED BY: MFS Investment Management
Active Management: What separates skill from luck? And Will It Matter?
Not all active managers are created equal, yet how can you separate skill from luck? See what attributes we believe separate skilled active managers from average ones. Given prospects for continued market volatility, it may be more important than ever.
Economic Events
In August, the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.3% on a seasonally adjusted (SA) basis; rising 5.3% over the last 12 months, not seasonally adjusted (NSA). The index for all items less food and energy increased 0.1% in August, SA; up 4.0% over the year, NSA.

Real average hourly earnings for all employees increased 0.4% in August, SA. Average hourly earnings increased 0.6% and CPI-U increased 0.3%. Real average weekly earnings increased 0.3% over the month.
Market Mirror
Tuesday, the Dow dropped 292.06 points (0.84%) to finish at 34,577.57, the Nasdaq was down 67.82 points (0.45%) at 15,037.76, and the S&P 500 decreased 25.68 points (0.57%) to 4,443.05. The Russell 2000 closed 30.83 points (1.38%) lower at 2,209.95, and the Wilshire 5000 was down 312.46 points (0.67%) at 46,108.29.

The price of the 10-year Treasury note was up 4/32, decreasing its yield to 1.290%. The price of the 30-year Treasury bond increased 1 2/32, bringing its yield down to 1.857%.
Compliance
DOL Asks for Comments on Proposed Changes to Form 5500
The agency—which says the revisions are needed to implement provisions of the SECURE Act—has also published a notice of proposed changes to its implementation of regulations under Title I of ERISA.
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 1909, Charles F. Kettering applied for a patent on his ignition system. His company Delco (Dayton Engineering Laboratories Company) later became a subsidiary of General Motors. In 1916, during the Battle of the Somme, in France, tanks were first used in warfare when the British rolled them onto the battlefields. In 1928, Alexander Fleming discovered the antibiotic penicillin in the mold Penicillium notatum. In 1950, U.N. forces landed at Inchon, Korea in an attempt to relieve South Korean forces and recapture Seoul. 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, the 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.
WEDNESDAY WISDOM: “Any sufficiently advanced technology is indistinguishable from magic.”—Arthur C. Clarke, English science fiction writer
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.
SPONSORED BY: Fidelity Information Services
Three Steps to New Growth for Retirement Plan Providers
FIS’ 2021 Readiness Report reveals the paths to new growth for retirement plan providers.
SPONSORED BY: Invesco
Get Rid of All the Jargon
Learn how to speak to DC retirement plan participants on their own terms, and how better communications could boost participation.
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