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PLANSPONSOR NEWSDASH LOGO September 3rd, 2021
Insight on Plan Design & Investment Strategy Every Weekday
Best Practices | Plan Committees
For the Best Collaboration
For the Best Collaboration
Committees are most effective when they’re on top of these fiduciary basics.
Products
ShareBuilder 401k Adds ESG Funds to ETF Lineup
The addition of the two funds expands the ShareBuilder 401k roster for the first time in more than a decade from 20 ETFs to 22 ETFs. 
Most Read
1
What Participants Want From Employers’ Retirement Plan Websites
2
2021 Recordkeeping Survey
3
DOL’s Next Moves
4
Allowing for After-Tax Contributions in a 401(a) Plan
5
TRIVIAL PURSUITS: How Many States Are in More Than One Time Zone?
SPONSORED BY: Franklin Templeton
Retirement Reimagined
To see how retirement is evolving, view results from Franklin Templeton’s “Voice of the American Worker” survey. 

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Economic Events
New orders for manufactured durable goods in July decreased $0.4 billion or 0.1% to $257.2 billion, the U.S. Census Bureau announced. This decrease, down following two consecutive monthly increases, followed a 0.8% June increase. Excluding transportation, new orders increased 0.7%. Excluding defense, new orders decreased 1.2%. Transportation equipment, also down following two consecutive monthly increases, drove the decrease, $1.7 billion or 2.2% to $75.3 billion.

In the week ending August 28, the advance figure for seasonally adjusted initial claims for unemployment insurance was 340,000, a decrease of 14,000 from the previous week’s revised level of 354,000. This is the lowest level for initial claims since March 14, 2020, when it was 256,000. The four-week moving average was 355,000, a decrease of 11,750 from the previous week’s revised average of 366,750. This is the lowest level for this average since March 14, 2020, when it was 225,500.

Interest on a 30-year fixed-rate mortgage (FRM) averaged 2.87% for the week ending September 2, unchanged from last week. A year ago at this time, the 30-year FRM averaged 2.93%. Interest on a 15-year FRM averaged 2.18%, up slightly from last week when it averaged 2.17%. A year ago at this time, the 15-year FRM averaged 2.42%.
Market Mirror
Thursday, the Dow gained 131.29 points (0.37%) to finish at 35,443.82., the Nasdaq closed 21.80 points (0.14%) higher at 15,331.18, and the S&P 500 increased 12.86 points (0.28%) to 4,536.95. The Russell 2000 was up 16.96 points (0.74%) at 2,304.02, and the Wilshire 5000 gained 163.73 points (0.35%) to 47,208.42.

The price of the 10-year Treasury note increased 1/32, with its yield moving down to 1.292%. The price of the 30-year Treasury bond increased 25/32, bringing its yield down to 1.903%.
Data and Research
New Report Ranks Teacher Pensions on Key Metrics
With more than 3 million public school teachers in the U.S. workforce, public teacher retirement is a broad retirement security issue for Americans, according to the nonprofit group Bellwether Education Partners.
Red and Blue Voters Support State-Run Retirement Programs
An AARP poll taken in Michigan shows bipartisan support for state-operated retirement savings programs for private sector workers.
SPONSORED BY: Franklin Templeton
Retirement Survey Results
Franklin Templeton’s “Voice of the American Worker” survey reveals how the concept of retirement is changing today.

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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 1838, Frederick Douglass boarded a train in Maryland on his way to freedom from being a slave. In 1935, Sir Malcolm Campbell became the first person to drive an automobile over 300 miles an hour. He reached 304.331 MPH on the Bonneville Salt Flats in Utah. In 1943, Italy was invaded by the Allied forces during World War II. 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. In 1986, Peat Marwick International and Klynveld Main Goerdeler of the Netherlands agreed to merge and form the world’s largest accounting firm. In 2013, hunters in Mississippi caught a 727-pound alligator.

And now it’s time for some FRIDAY FUN!
A parrot joins in on the spin cycle.

How do you spell that?

Does your cow want fries with that?

Have a wonderful holiday weekend!
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