Tag: 401(k) participant loans

Data & Research August 27th, 2018

401(k) Plan Sponsors Worried About the Number of Participant Loans

Alight Solutions found when offered two loans, 14.4% of participants take advantage of that. When offered three loans, 11.9% do the same.

MARKET MIRROR

Friday, the Dow gained 34.87 points (0.10%) to close at 34,429.88, the Nasdaq lost 20.95 points (0.18%) to close at 11,461.50 and the S&P 500 lost 4.87 points (0.12%) to end trading at 4,071.70. The Russell 2000 increased 11.16 points (0.59%) to close at 1,892.84 and the Wilshire 5000 decreased 30.27 points (0.07%) to close at 40,503.14.

The price of the 10-year Treasury note increased 1/32, bringing the yield down to 3.501%. The price of the 30-year Treasury bond increased 1 2/32, bringing the yield down to 3.541%.

MARKET MIRROR Week’s-worth

For the week ending December 2, the Dow gained 0.24%, the Nasdaq increased 2.09% and the S&P 500 gained 1.13%. The Russell 2000 gained 1.27% and the Wilshire 5000 finished 1.21% higher.