Wednesday, October 19th, 2022 A biweekly topical newsletter from PLANSPONSOR DC Plan Investing Data, trends and education about defined contribution (DC) plan investing. SPONSORED AD Investing DC Plans Slow to Adopt ESG Options Many plan sponsors remain hesitant to implement environmental, social and governance investing until the Department of Labor rules on the subject. PROVIDER RELATIONSHIPS | OPEN ENROLLMENT Open Season Adding DC plan options to your annual offerings could up plan engagement. Products Bitwage Partnership Brings Crypto to 401(k) Plans, Payroll Bitwage and ForUsAll have partnered on a new platform that will allow employees to automatically contribute a portion of their paycheck to crypto. Data and Research Knot of Financial Challenges Derails Saving for Retirement Goldman Sachs Asset Management finds a ‘financial vortex’ of challenges in competing financial priorities is preventing participants from saving sufficiently for retirement.  Participants Target-Date Glide Paths Are Not Personalized Across Industries Plan sponsors across industry sectors and with widely different wages for workers are using essentially the same target-date fund glide paths, research shows. Compliance ERISA Amendment Could Lead to Increased Investment in Alternative Assets The Retirement Savings Modernization Act would explicitly state that 401(k) plans can include investments in all asset classes, though this is not currently banned under existing law. Did someone forward you this newsletter? Sign up here to get PLANSPONSOR Spotlight directly in your mailbox!

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