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Data and Research
2020 PLANSPONSOR Defined Contribution Survey Open
Sponsors of defined contribution (DC) plans are invited to respond to our annual DC Survey. The survey is our largest and most important research project of the year, but we need your help for it to be a success. Please consider responding by the September 18 deadline.
Inside Angle
E-Disclosure Is in Effect
Sponsors may now supply all ERISA-required documents electronically.
Most Read
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
New orders for manufactured durable goods in July increased $23.2 billion or 11.2% to $230.7 billion, the U.S. Census Bureau announced. This increase, up three consecutive months, followed a 7.7% June increase. Excluding transportation, new orders increased 2.4%. Excluding defense, new orders increased 9.9%. Transportation equipment, also up three consecutive months, led the increase, $19.6 billion or 35.6% to $74.7 billion.
Market Mirror
Wednesday, the Dow gained 454.84 points (1.59%) to finish at 29,100.50, the NASDAQ closed 116.78 points (0.98%) higher at 12,056.44, and the S&P 500 increased 54.19 points (1.54%) to 3,580.84. The Russell 2000 was up 13.71 points (0.87%) at 1,592.29, and the Wilshire 5000 climbed 463.89 points (1.28%) to 36,597.93.

The price of the 10-year Treasury note was up 3/32, decreasing its yield to 0.644%. The price of the 30-year Treasury bond increased 1 1/32, bringing its yield down to 1.376%.
IRS Requests Comments on Form 5500 Changes/Obligation
There are two proposed changes, and comments are also requested about ways to enhance the information collected and to minimize the burden of the collection of information.
Inflation Is Not All Bad. In Fact It Is Essential for Growth.
Many find it counterintuitive that the U.S. Federal Reserve would want to push up inflation, but it has some good reasons to do so.
Small Talk
ON THIS DATE: In 1783, the American Revolution officially came to an end when representatives of the United States, Great Britain, Spain and France signed the Treaty of Paris. In 1954, “The Lone Ranger” was heard on radio for the final time after 2,956 episodes over a period of 21 years. In 1966, the television series “The Adventures of Ozzie and Harriet” ended after 14 years. In 1976, the U.S. spacecraft Viking 2 landed on Mars. The unmanned spacecraft took the first close-up, color photos of the planet’s surface.
SURVEY SAYS: Some of you may have already had a home office, but others may have had to create a workspace or just use the dining room table when forced to work remotely. One person I spoke with said he was working on the sleeping porch at his home because of the demands of he and his spouse working as well as children attending school online. This week, I’d like to know, did you create a home office or workspace this year? Please share if you are working in what would be considered an “unusual” workspace. You may respond to this week’s survey by 6 p.m. Pacific time today.
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