Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
July 18th, 2018
Brown University Wins Dismissal of Many Claims in 403(b) Plans Challenge
While many claims in a lawsuit challenging administration and fees for Brown University’s 403(b) plans were dismissed, a federal district court judge allowed several claims to move forward. Read more >
Rainbow ESOP Challenge Easily Beats Motions to Dismiss
Plaintiffs in the lawsuit are participants and beneficiaries of the Rainbow Disposal Co., Inc. Employee Stock Ownership Plan, who seek to restore losses to the plan and to otherwise remedy a complicated series of alleged breaches of fiduciary duty. Read more >
Data Points: Company Matches
In the past year, there has been a slight decrease in the percentage of companies providing a match in their defined contribution plan, the PLANSPONSOR Defined Contribution Survey indicates. Among all plan sizes, 73.7% offer a match, down from 74.7% the year before.  Read more >
Fixed Income Favored in 401(k) Trades During June
According to the Alight Solutions 401(k) Index, June was a slow month for trading in defined contribution plans; when 401(k) investors made trades, they tended to favor fixed income. Read more >
MOST READ ARTICLES
1
Education About Tax Treatment and Fees Could Boost 401(k) Participation
2
IRS to Focus on Retirement Plan Distributions and 403(b) Plan Rules in 2019
3
Inertia Remains a Plan Sponsor Problem, Too
4
How Rising Interest Rates Affect Stable Value Funds
5
Open MEPs Could Create Many Opportunities for Advisers
Sponsored message from Wells Fargo
Minds, Hearts, and Souls: ESG as a Catalyst for Plan Success
New research: Actions you can take to meet the changing ESG needs of your participants. Read more >
Limited Liability of a Trustee
Plan sponsors may have an understanding of the different levels of fiduciary responsibilities under the Employee Retirement Income Security Act for discretionary trustees and directed trustees, but may not appreciate fully the implications of those distinctions, which were emphasized by a 2017 case in the Southern District of New York, Harley, et al., v. Bank of New York Mellon. Read more >
2018 PLANADVISER National Conference
With the 2018 PLANSPONSOR National Conference in the rear-view mirror, we are already hard at work planning our next big event. New at this year’s PLANADVISER National Conference will be the opportunity for advisers to earn their “PLANSPONSOR Retirement Professional” designation while at the conference.  Read more >
Market Mirror
Yesterday, the Dow increased 55.53 points (0.22%) to 25,119.89, the NASDAQ closed 49.40 points (0.63%) higher at 7,855.12, and the S&P 500 was up 11.12 points (0.40%) at 2,809.55. The Russell 2000 gained 8.72 points (0.52%) to finish at 1,687.26, and the Wilshire 5000 increased 116.81 points (0.40%) to 29,340.41. The price of the 10-year Treasury note was down 2/32, increasing its yield to 2.863%. The price of the 30-year Treasury bond decreased 6/32, bringing its yield up to 2.971%.

Editorial: Alison Cooke Mintzer alison.mintzer@strategic-i.com

Advertising: Paul Zampitella paul.zampitella@strategic-i.com

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