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Date: Wed, 18 Apr 2018 10:19:44 -0400 (EDT)
From: Hooker & Holcombe <pbrooker@hhconsultants.com>
Reply-To: amorris@hhconsultants.com
To: david@transocean.com
Subject: What's new in theForward - PBGC Data Update, Active vs. Passive
 Funds, Strategies for 401(k) education , and much more.
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From benchmarking studies to streamlined plans,
our retirement and investment services score an A+. Learn more> [http://r20.rs6.net/tn.jsp?f=001A_Vte8i0wlGPXKHOwuMMHEqNDC7X5InkkbzTVGYIDf5fsvn5_T--pzW7o9e9ojAmfU1_wm6SyJpgTEjHHanuJ1ZH8zvgAOKONZ3nLNjRhrRX7S-p-m0FDgf6YQVSaXqTBjbdqttK0cRsTaMfbjj4t96vilnCTCQQ9E16BYtLHB_Lf91RoezxEVqSORzY_WoKsnVS8dI0EXQmILJ9MvBDZG3rFEyT5CUB&c=9F4B89b_RcskxSIROHtp2HgH0DQF-zXaL1fWXGxm4Y1QOOph5yg9eQ==&ch=V69ndFXp7xGoyvYxzTJwgrdYjYTjk1qNnRH-b_e2uBHAv3n6Rd7Uqw==]
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IRS Seeks Input for Determination Letter Program Exceptions in 2019
In Notice 2018-24, the Internal Revenue Service (IRS) requests comments on the potential
expansion of the scope of the determination letter program for individually designed
plans during the 2019 calendar year, beyond provision of determination letters for
initial qualification and qualification upon plan termination. Read more> [http://r20.rs6.net/tn.jsp?f=001A_Vte8i0wlGPXKHOwuMMHEqNDC7X5InkkbzTVGYIDf5fsvn5_T--pzW7o9e9ojAmSkB3ko-9wy8Ptwrarz6jAxaqO9ChDJyaoTuNODnodG4Kwkxt8Q0Kf3gXBH6jmrGvmOuVC0Okb7sKet3xWrjCIbzxfanX3-0JiGvlPQ9PHf0Ap9j8vWOSSW83QRrprGC-GKEGCs-6OJDB8HOGNG1I4sJSqXj1WYTNYoRJFf8zqY_pBe5fXXN1h8kGGotckplZY7Zz-nfYNUg=&c=9F4B89b_RcskxSIROHtp2HgH0DQF-zXaL1fWXGxm4Y1QOOph5yg9eQ==&ch=V69ndFXp7xGoyvYxzTJwgrdYjYTjk1qNnRH-b_e2uBHAv3n6Rd7Uqw==]

PBGC Issues Updated Pension Insurance Data Books and Tables
The Pension Benefit Guaranty Corporation (PBGC) has issued its updated Pension Insurance
Data Books and Tables. The tables now contain information from 2016. Read more> 
[http://r20.rs6.net/tn.jsp?f=001A_Vte8i0wlGPXKHOwuMMHEqNDC7X5InkkbzTVGYIDf5fsvn5_T--pzW7o9e9ojAmceqcGKDgt7ehNo1bRAVyrgjhOtH29fzOvKoB4owoJS9X4isgpYPO7svCoP42_U6_Qtdwm01Et0BlA3Zb-6gTOY7fnyieDSgcmbwlux9qP2NWjMG9eb1a_uM1VN3qpllR3B5YoBe-tn_oeG16VzRVTjZGBBWIC9rqO--m7jXMkvwRYswxTPcQBnCtPT8HJOqSUMeoTq-BFoshEOfW4yrbvJ52fNloIddrnMTt1JgbUqI=&c=9F4B89b_RcskxSIROHtp2HgH0DQF-zXaL1fWXGxm4Y1QOOph5yg9eQ==&ch=V69ndFXp7xGoyvYxzTJwgrdYjYTjk1qNnRH-b_e2uBHAv3n6Rd7Uqw==]

DB Plans Holding Their Own, EBSA Finds
It's no secret that DC plans have long been advancing at the expense of defined 
benefit plans. And while a recent report from the Department of Labor's Employee
 Benefits Security Administration (EBSA) confirms that overall trend, it also shows
surprising vitality among DB plans. Read more> [http://r20.rs6.net/tn.jsp?f=001A_Vte8i0wlGPXKHOwuMMHEqNDC7X5InkkbzTVGYIDf5fsvn5_T--pzW7o9e9ojAmogDNteHiEk3xP7pg_EJJdHwfCrGwNUtopTuEcqb-SC0fIToWKyyvAQmxDPNNCMLsNY0ZK3ZjcChDYwv8WMYYklptAs9Ek5FIbzPC825UVaktUohz6YvbTFfqLwQYg9bzswPJwlcCsYDfVioqMt86OtDaQU2A-6w3eQPNYxCGbX1shr0D23WxiwcDdkTHcsnKe7T-QU3lB8Y1Yz5fVrLBFFlNbmoiadEd&c=9F4B89b_RcskxSIROHtp2HgH0DQF-zXaL1fWXGxm4Y1QOOph5yg9eQ==&ch=V69ndFXp7xGoyvYxzTJwgrdYjYTjk1qNnRH-b_e2uBHAv3n6Rd7Uqw==]
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Roth Option Viewed as Another Avenue for Diversification
For retirement plan advisers and sponsors that have not considered offering a Roth
option for a 401(k) or 403(b) plan, a recent finding from the Plan Sponsor Council
of America (PSCA) should give them pause.
Read more> [http://r20.rs6.net/tn.jsp?f=001A_Vte8i0wlGPXKHOwuMMHEqNDC7X5InkkbzTVGYIDf5fsvn5_T--pzW7o9e9ojAmF3tPRSg774UzsJvpN2NUpGEPVnMTh06jXpkSl8S4JbXEoKZE0dGSk_juW9xnQsiGNyP9tMOX-semZqbvKrtoulhFel-YigzbCMiXSoPaCpmcvQaf3PLKbsd5wjbq-MX1LT73u4G4pLOzUUHsu_wdXUK3f7X3n1lw9b7ZMUxpYF1dQlzCLQgCCHuhNl_riqDc5iKGNJ5IVms=&c=9F4B89b_RcskxSIROHtp2HgH0DQF-zXaL1fWXGxm4Y1QOOph5yg9eQ==&ch=V69ndFXp7xGoyvYxzTJwgrdYjYTjk1qNnRH-b_e2uBHAv3n6Rd7Uqw==]

Advisers See a Place for Both Active and Passive Investing
Advisers believe that both active and passive investing play a vital role, according
to Cerulli. More than 80% believe that passive investments can reduce fees and that
active managers are ideal for certain asset classes. Read more> [http://r20.rs6.net/tn.jsp?f=001A_Vte8i0wlGPXKHOwuMMHEqNDC7X5InkkbzTVGYIDf5fsvn5_T--pzW7o9e9ojAmg-X4j6srIJoJIhe00Fik2G5__Cwe79vBshSUKolCMEI9tdKvGkZ_n6SNfsO3oYI8Bu_8HmqDhIqx93a_Kz1wHmAbKtyib0VBy8opbRLqPpYyTjkq9Pss2NLEAmQSiGRPzgu5G_LfzdJgN_-F5Ev9B33UA7cgtXN1pjXt61-EpDJgPBedD1H3fA==&c=9F4B89b_RcskxSIROHtp2HgH0DQF-zXaL1fWXGxm4Y1QOOph5yg9eQ==&ch=V69ndFXp7xGoyvYxzTJwgrdYjYTjk1qNnRH-b_e2uBHAv3n6Rd7Uqw==]
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

3 Strategies to Address 401k Employee Education
Many experts don't believe that 401k employee education works. The challenges of
 educating adults, who may not be excited to learn more about their 401k plan, are
sometimes difficult to overcome.
What can your plan sponsor clients do to make their 401k employee education sessions
more effective?
Read more> [http://r20.rs6.net/tn.jsp?f=001A_Vte8i0wlGPXKHOwuMMHEqNDC7X5InkkbzTVGYIDf5fsvn5_T--pzW7o9e9ojAm53WqurCowxW07S-DaOyQPX1AuEK5Yx7yxkQx2YMZby1DoPBTg-nyEUvuBMxMn6rGhQlXXMDb_9ngmRQIG-tNWLEa-PYkXawWPSINRwcr0nMWjOt2bciW_Wi7wLMcG7643ZZneSqsmibnzbjvvpQaQn0U01dPObO0ZioIBBGLEhNsxR9IfLHOMsq95UMjhp1n&c=9F4B89b_RcskxSIROHtp2HgH0DQF-zXaL1fWXGxm4Y1QOOph5yg9eQ==&ch=V69ndFXp7xGoyvYxzTJwgrdYjYTjk1qNnRH-b_e2uBHAv3n6Rd7Uqw==]

Why are 401(k) participation rates so much lower at smaller employers?
Should the long-standing disparity between large and small employers when it comes
to 401(k) auto-enrollment matter? Read more> [http://r20.rs6.net/tn.jsp?f=001A_Vte8i0wlGPXKHOwuMMHEqNDC7X5InkkbzTVGYIDf5fsvn5_T--pzW7o9e9ojAmGWT-ukG2DaKDS1pKiB3aj6fWGNFFJfmg_FlzZsyyFiLTbaKFVHgoy53xgwyCRBPV4O3TasNIQF4aRiD4t_fZh_qGNsM-cAhx-l7ji8HEmGc0xEcgnrcXoN5X4PNf86wEdrgKXXAA01t7F5oZ8buEvZmyvhi_dEI2W_Ln5HTS1-y8MItmkUEAPO4dzC2YOEt_M4dwfPNREccqBSYxfJVDWjCeLIfQiGEJTcI1YN5C7lt9DVUQX1Tdb9zulzaIpqbnEQ1Rj2Q4-vwPV6P5HIpEpQ==&c=9F4B89b_RcskxSIROHtp2HgH0DQF-zXaL1fWXGxm4Y1QOOph5yg9eQ==&ch=V69ndFXp7xGoyvYxzTJwgrdYjYTjk1qNnRH-b_e2uBHAv3n6Rd7Uqw==]

Participants Prefer Workplace Plans, Want More Employer Help
Have Americans accepted a shift in responsibility for their own retirement security?
A new study by MetLife seems to indicate that they have. Read more> [http://r20.rs6.net/tn.jsp?f=001A_Vte8i0wlGPXKHOwuMMHEqNDC7X5InkkbzTVGYIDf5fsvn5_T--pzW7o9e9ojAmKRbBHFSBswYzBE0SRzcxAF-S81B79ni2hxPIbQYvmrZPJYe95ZARXBBIVTp1IFnZVv7DSgh0Pk4IPJh61bbZ6IxVbgjvGdacx4H3U8QbXX86OL0S58xT1UlsUUppp_Nv88TizkWx7G7VYn9-pmmuOWfFTbRE_rDpWGQ29yb-oWd-cQ6K8no6fTdiGjYcbf1aTGj0taDEzV3gVyqm5KSyCl0cg9qvF0MBhUCdCjkWh9NdcSioWLcSA3WeCbpQzDPaPQ7ZrJNONaTLL_xCTd4ruA==&c=9F4B89b_RcskxSIROHtp2HgH0DQF-zXaL1fWXGxm4Y1QOOph5yg9eQ==&ch=V69ndFXp7xGoyvYxzTJwgrdYjYTjk1qNnRH-b_e2uBHAv3n6Rd7Uqw==]
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Newsworthy notes

Sharing our expertise:
Stuart Herskowitz, senior vice president, client relations, and Kathryn Pizzi, managing
director, wealth management, will present "Trends in Compensation and Benefits: 
Design and Delivery" at the 2018 Tri-State SHRM Conference on May 1. Register today>
[http://r20.rs6.net/tn.jsp?f=001A_Vte8i0wlGPXKHOwuMMHEqNDC7X5InkkbzTVGYIDf5fsvn5_T--p5hs-rGIpx7A5o5_Jqwp7pS2L6KNqmKc6RHkjhjxIwAp-VU-XqYAufcbFuDvFZu034fkWT-iKbWvWZeJ61VT2tw0N9yiXQ4OE2pwr0Lh_4OXFWm4sFE8bqG6Ly3Nu4cSbg==&c=9F4B89b_RcskxSIROHtp2HgH0DQF-zXaL1fWXGxm4Y1QOOph5yg9eQ==&ch=V69ndFXp7xGoyvYxzTJwgrdYjYTjk1qNnRH-b_e2uBHAv3n6Rd7Uqw==]
Promotion:
Ted Laborde has been promoted to OPEB Services Coordinator
We are proud to support these upcoming events:
- Klingberg Family Centers Vintage Motorcar Series
- South Nassau Communities Hospital 34th Annual Golf Tournament
- The Kiwanis Club of Windsor Shad Derby Golf Tournament
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ign=3D"top" rowspan=3D"1" colspan=3D"1" align=3D"left">
<table style=3D"margin-left:auto;background-color:transparent;width:600px;b=
order-width:0px;margin-right:auto;" cellpadding=3D"3" cellspacing=3D"0" ali=
gn=3D"center"><tr><td style=3D"color:rgb(0, 0, 0);font-weight:400;width:586=
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,sans-serif;font-style:normal;height:28px;" rowspan=3D"1" colspan=3D"1" ali=
gn=3D"center"><img class=3D"cc-image-resize" border=3D"0" name=3D"ACCOUNT.I=
MAGE.785" width=3D"591" src=3D"http://files.constantcontact.com/876628ed001=
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le=3D"color:rgb(0, 0, 0);font-weight:400;width:586.61px;vertical-align:top;=
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t">
<div><span style=3D"color:rgb(91, 7, 160);"><strong>IRS Seeks Input for Det=
ermination Letter Program Exceptions in 2019</strong></span></div>
<div><span style=3D"font-size:10pt;">In Notice 2018-24, the Internal Revenu=
e Service (IRS) requests comments on the potential expansion of the scope o=
f the determination letter program for individually designed plans during t=
he 2019 calendar year, beyond provision of determination letters for initia=
l qualification and qualification upon plan termination.&nbsp; </span><a st=
yle=3D"color:rgb(0, 0, 0);font-weight:bold;text-decoration:none;font-size:1=
0pt;" track=3D"on" shape=3D"rect" href=3D"http://r20.rs6.net/tn.jsp?f=3D001=
A_Vte8i0wlGPXKHOwuMMHEqNDC7X5InkkbzTVGYIDf5fsvn5_T--pzW7o9e9ojAmSkB3ko-9wy8=
Ptwrarz6jAxaqO9ChDJyaoTuNODnodG4Kwkxt8Q0Kf3gXBH6jmrGvmOuVC0Okb7sKet3xWrjCIb=
zxfanX3-0JiGvlPQ9PHf0Ap9j8vWOSSW83QRrprGC-GKEGCs-6OJDB8HOGNG1I4sJSqXj1WYTNY=
oRJFf8zqY_pBe5fXXN1h8kGGotckplZY7Zz-nfYNUg=3D&c=3D9F4B89b_RcskxSIROHtp2HgH0=
DQF-zXaL1fWXGxm4Y1QOOph5yg9eQ=3D=3D&ch=3DV69ndFXp7xGoyvYxzTJwgrdYjYTjk1qNnR=
H-b_e2uBHAv3n6Rd7Uqw=3D=3D" linktype=3D"1" alt=3D"https://www.plansponsor.c=
om/irs-seeks-input-determination-letter-program-exceptions-2019/" target=3D=
"_blank">Read more></a><br/></div>
</td></tr><tr><td style=3D"color:rgb(0, 0, 0);font-weight:400;width:586.61p=
x;vertical-align:top;font-size:16px;font-family:Calibri,Helvetica,Arial,san=
s-serif;font-style:normal;height:28px;" rowspan=3D"1" colspan=3D"1" align=
=3D"center">
<div style=3D"color:rgb(91, 7, 160);font-size:12pt;text-align:left;" align=
=3D"left">
<div style=3D"color:rgb(91, 7, 160);"><span>
<div style=3D"color:rgb(91, 7, 160);"><span><strong><strong>PBGC Issues Upd=
ated Pension Insurance Data Books and Tables</strong></strong></span></div>
<div><span style=3D"color:rgb(0, 0, 0);font-size:10pt;">The Pension Benefit=
 Guaranty Corporation (PBGC) has issued its updated Pension Insurance Data =
Books and Tables. The tables now contain information from 2016.&nbsp; </spa=
n><a style=3D"color:rgb(0, 0, 0);font-weight:bold;text-decoration:none;font=
-size:10pt;" track=3D"on" shape=3D"rect" href=3D"http://r20.rs6.net/tn.jsp?=
f=3D001A_Vte8i0wlGPXKHOwuMMHEqNDC7X5InkkbzTVGYIDf5fsvn5_T--pzW7o9e9ojAmceqc=
GKDgt7ehNo1bRAVyrgjhOtH29fzOvKoB4owoJS9X4isgpYPO7svCoP42_U6_Qtdwm01Et0BlA3Z=
b-6gTOY7fnyieDSgcmbwlux9qP2NWjMG9eb1a_uM1VN3qpllR3B5YoBe-tn_oeG16VzRVTjZGBB=
WIC9rqO--m7jXMkvwRYswxTPcQBnCtPT8HJOqSUMeoTq-BFoshEOfW4yrbvJ52fNloIddrnMTt1=
JgbUqI=3D&c=3D9F4B89b_RcskxSIROHtp2HgH0DQF-zXaL1fWXGxm4Y1QOOph5yg9eQ=3D=3D&=
ch=3DV69ndFXp7xGoyvYxzTJwgrdYjYTjk1qNnRH-b_e2uBHAv3n6Rd7Uqw=3D=3D" linktype=
=3D"1" alt=3D"https://www.asppa.org/News/Article/ArticleID/9784/PBGC-Issues=
-Updated-Pension-Insurance-Data-Books-and-Tables" target=3D"_blank">Read mo=
re></a></div>
</span></div>
</div>
</td></tr><tr><td style=3D"color:rgb(0, 0, 0);font-weight:400;width:586.61p=
x;vertical-align:top;font-size:16px;font-family:Calibri,Helvetica,Arial,san=
s-serif;font-style:normal;height:28px;text-align:left;" rowspan=3D"1" colsp=
an=3D"1" align=3D"left">
<div><span style=3D"color:rgb(91, 7, 160);font-size:12pt;"><strong>DB Plans=
 Holding Their Own, EBSA Finds</strong></span></div>
<div><span style=3D"font-size:10pt;">It's no secret that DC plans have long=
 been advancing at the expense of defined benefit plans. And while a recent=
 report from the Department of Labor's Employee Benefits Security Administr=
ation (EBSA) confirms that overall trend, it also shows surprising vitality=
 among DB plans.&nbsp; <strong><a style=3D"color:black;font-weight:bold;tex=
t-decoration:none;" track=3D"on" shape=3D"rect" href=3D"http://r20.rs6.net/=
tn.jsp?f=3D001A_Vte8i0wlGPXKHOwuMMHEqNDC7X5InkkbzTVGYIDf5fsvn5_T--pzW7o9e9o=
jAmogDNteHiEk3xP7pg_EJJdHwfCrGwNUtopTuEcqb-SC0fIToWKyyvAQmxDPNNCMLsNY0ZK3Zj=
cChDYwv8WMYYklptAs9Ek5FIbzPC825UVaktUohz6YvbTFfqLwQYg9bzswPJwlcCsYDfVioqMt8=
6OtDaQU2A-6w3eQPNYxCGbX1shr0D23WxiwcDdkTHcsnKe7T-QU3lB8Y1Yz5fVrLBFFlNbmoiad=
Ed&c=3D9F4B89b_RcskxSIROHtp2HgH0DQF-zXaL1fWXGxm4Y1QOOph5yg9eQ=3D=3D&ch=3DV6=
9ndFXp7xGoyvYxzTJwgrdYjYTjk1qNnRH-b_e2uBHAv3n6Rd7Uqw=3D=3D" linktype=3D"1" =
alt=3D"https://www.napa-net.org/news/technical-competence/defined-benefit-p=
lans/db-plans-holding-ebsa-finds/" target=3D"_blank">Read more></a></strong=
></span><br/></div>
</td></tr></table>
</td></tr></table><table style=3D"display:table;" border=3D"0" width=3D"100=
%" cellpadding=3D"0" cellspacing=3D"0" id=3D"content_LETTER.BLOCK77"><tr><t=
d class=3D"MainText Content" style=3D"padding:0px 0px 0px 0px;color:#000000=
;font-size:12pt;font-family:Calibri,Helvetica,Arial,sans-serif;" valign=3D"=
top" rowspan=3D"1" colspan=3D"1" align=3D"left">
<table style=3D"margin-left:auto;background-color:transparent;width:600px;b=
order-width:0px;margin-right:auto;" cellpadding=3D"3" cellspacing=3D"0" ali=
gn=3D"center"><tr><td style=3D"color:rgb(0, 0, 0);font-weight:400;width:586=
.61px;vertical-align:top;font-size:16px;font-family:Calibri,Helvetica,Arial=
,sans-serif;font-style:normal;height:28px;" rowspan=3D"1" colspan=3D"1">
<div style=3D"color:rgb(91, 7, 160);font-size:12pt;"><img border=3D"0" name=
=3D"ACCOUNT.IMAGE.787" width=3D"591" src=3D"http://files.constantcontact.co=
m/876628ed001/29b66459-6f34-417c-8c94-edc30e92520d.jpg"><br/></img></div>
</td></tr><tr><td style=3D"color:rgb(0, 0, 0);font-weight:400;width:586.61p=
x;vertical-align:top;font-size:16px;font-family:Calibri,Helvetica,Arial,san=
s-serif;font-style:normal;height:28px;" rowspan=3D"1" colspan=3D"1">
<div style=3D"color:rgb(91, 7, 160);font-size:12pt;font-family:Calibri,Helv=
etica,Arial,sans-serif;margin-top:0px;margin-bottom:0px;text-align:left;" a=
lign=3D"left">
<div style=3D"color:rgb(91, 7, 160);text-align:left;" align=3D"left"><stron=
g>Roth Option Viewed as Another Avenue for Diversification</strong></div>
<div style=3D"color:rgb(0, 0, 0);font-size:10pt;"><span>
<div>For retirement plan advisers and sponsors that have not considered off=
ering a Roth option for a 401(k) or 403(b) plan,&nbsp;a recent finding from=
 the Plan Sponsor Council of America (PSCA) should give them pause.</div>
<div><a style=3D"color:rgb(0, 0, 0);font-weight:bold;text-decoration:none;"=
 track=3D"on" shape=3D"rect" href=3D"http://r20.rs6.net/tn.jsp?f=3D001A_Vte=
8i0wlGPXKHOwuMMHEqNDC7X5InkkbzTVGYIDf5fsvn5_T--pzW7o9e9ojAmF3tPRSg774UzsJvp=
N2NUpGEPVnMTh06jXpkSl8S4JbXEoKZE0dGSk_juW9xnQsiGNyP9tMOX-semZqbvKrtoulhFel-=
YigzbCMiXSoPaCpmcvQaf3PLKbsd5wjbq-MX1LT73u4G4pLOzUUHsu_wdXUK3f7X3n1lw9b7ZMU=
xpYF1dQlzCLQgCCHuhNl_riqDc5iKGNJ5IVms=3D&c=3D9F4B89b_RcskxSIROHtp2HgH0DQF-z=
XaL1fWXGxm4Y1QOOph5yg9eQ=3D=3D&ch=3DV69ndFXp7xGoyvYxzTJwgrdYjYTjk1qNnRH-b_e=
2uBHAv3n6Rd7Uqw=3D=3D" linktype=3D"1" alt=3D"https://www.planadviser.com/ex=
clusives/roth-option-viewed-another-avenue-diversification/" target=3D"_bla=
nk">Read more></a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nb=
sp;&nbsp;<br/></div>
</span></div>
</div>
</td></tr><tr><td style=3D"color:rgb(0, 0, 0);font-weight:400;width:586.61p=
x;vertical-align:top;font-size:16px;font-family:Calibri,Helvetica,Arial,san=
s-serif;font-style:normal;height:28px;" rowspan=3D"1" colspan=3D"1">
<div style=3D"color:rgb(91, 7, 160);"><strong><strong><strong>Advisers See =
a Place for Both Active and Passive Investing</strong></strong></strong></d=
iv>
<div><span style=3D"font-size:10pt;">
<div>Advisers believe that both active and passive investing play a vital r=
ole, according to Cerulli. More than 80% believe that passive investments c=
an reduce fees and that active managers are ideal for certain asset classes=
. <a style=3D"color:rgb(0, 0, 0);font-weight:bold;text-decoration:none;" tr=
ack=3D"on" shape=3D"rect" href=3D"http://r20.rs6.net/tn.jsp?f=3D001A_Vte8i0=
wlGPXKHOwuMMHEqNDC7X5InkkbzTVGYIDf5fsvn5_T--pzW7o9e9ojAmg-X4j6srIJoJIhe00Fi=
k2G5__Cwe79vBshSUKolCMEI9tdKvGkZ_n6SNfsO3oYI8Bu_8HmqDhIqx93a_Kz1wHmAbKtyib0=
VBy8opbRLqPpYyTjkq9Pss2NLEAmQSiGRPzgu5G_LfzdJgN_-F5Ev9B33UA7cgtXN1pjXt61-Ep=
DJgPBedD1H3fA=3D=3D&c=3D9F4B89b_RcskxSIROHtp2HgH0DQF-zXaL1fWXGxm4Y1QOOph5yg=
9eQ=3D=3D&ch=3DV69ndFXp7xGoyvYxzTJwgrdYjYTjk1qNnRH-b_e2uBHAv3n6Rd7Uqw=3D=3D=
" linktype=3D"1" alt=3D"https://www.plansponsor.com/advisers-see-place-acti=
ve-passive-investing/" target=3D"_blank">Read more></a><br/></div>
</span></div>
</td></tr></table>
</td></tr></table><table border=3D"0" width=3D"100%" cellpadding=3D"0" cell=
spacing=3D"0" id=3D"content_LETTER.BLOCK81"><tr><td class=3D"MainText Conte=
nt" style=3D"padding:0px 0px 0px 0px;color:#000000;font-size:12pt;font-fami=
ly:Calibri,Helvetica,Arial,sans-serif;" valign=3D"top" rowspan=3D"1" colspa=
n=3D"1" align=3D"left">
<table style=3D"margin-left:auto;background-color:transparent;width:600px;b=
order-width:0px;margin-right:auto;" cellpadding=3D"3" cellspacing=3D"0" ali=
gn=3D"center"><tr><td style=3D"color:rgb(0, 0, 0);font-weight:400;width:586=
.61px;vertical-align:top;font-size:16px;font-family:Calibri,Helvetica,Arial=
,sans-serif;font-style:normal;height:28px;" rowspan=3D"1" colspan=3D"1"><im=
g vspace=3D"0" border=3D"0" name=3D"ACCOUNT.IMAGE.786" hspace=3D"0" width=
=3D"598" src=3D"http://files.constantcontact.com/876628ed001/fe5f5907-6d65-=
4a79-999c-41c9a9f10553.jpg" align=3D"left"> <br/></img></td></tr><tr><td st=
yle=3D"color:rgb(0, 0, 0);font-weight:400;width:586.61px;vertical-align:top=
;font-size:16px;font-family:Calibri,Helvetica,Arial,sans-serif;font-style:n=
ormal;height:28px;" rowspan=3D"1" colspan=3D"1">
<div style=3D"color:rgb(91, 7, 160);font-size:12pt;font-family:Calibri,Helv=
etica,Arial,sans-serif;margin-top:0px;margin-bottom:0px;text-align:left;" a=
lign=3D"left"><strong>3 Strategies to Address 401k Employee Education</stro=
ng></div>
<div style=3D"color:rgb(91, 7, 160);font-size:12pt;font-family:Calibri,Helv=
etica,Arial,sans-serif;margin-top:0px;margin-bottom:0px;text-align:left;" a=
lign=3D"left"><span style=3D"color:rgb(0, 0, 0);font-size:10pt;">
<div>Many experts don't believe that 401k employee education works. The cha=
llenges of educating adults, who may not be excited to learn more about the=
ir 401k plan, are sometimes difficult to overcome.</div>
<div>What can your plan sponsor clients do to make their 401k employee educ=
ation sessions more effective?</div>
<a style=3D"color:rgb(0, 0, 0);font-weight:bold;text-decoration:none;" trac=
k=3D"on" shape=3D"rect" href=3D"http://r20.rs6.net/tn.jsp?f=3D001A_Vte8i0wl=
GPXKHOwuMMHEqNDC7X5InkkbzTVGYIDf5fsvn5_T--pzW7o9e9ojAm53WqurCowxW07S-DaOyQP=
X1AuEK5Yx7yxkQx2YMZby1DoPBTg-nyEUvuBMxMn6rGhQlXXMDb_9ngmRQIG-tNWLEa-PYkXawW=
PSINRwcr0nMWjOt2bciW_Wi7wLMcG7643ZZneSqsmibnzbjvvpQaQn0U01dPObO0ZioIBBGLEhN=
sxR9IfLHOMsq95UMjhp1n&c=3D9F4B89b_RcskxSIROHtp2HgH0DQF-zXaL1fWXGxm4Y1QOOph5=
yg9eQ=3D=3D&ch=3DV69ndFXp7xGoyvYxzTJwgrdYjYTjk1qNnRH-b_e2uBHAv3n6Rd7Uqw=3D=
=3D" linktype=3D"1" alt=3D"https://401kspecialistmag.com/401k-best-practice=
s-employee-education/#.Ws0HuEmG-Uk" target=3D"_blank">Read more></a><br/></=
span></div>
</td></tr><tr><td style=3D"color:rgb(0, 0, 0);font-weight:400;width:586.61p=
x;vertical-align:top;font-size:16px;font-family:Calibri,Helvetica,Arial,san=
s-serif;font-style:normal;height:28px;" rowspan=3D"1" colspan=3D"1">
<div style=3D"color:rgb(91, 7, 160);font-size:12pt;"><span><strong>Why are =
401(k) participation rates so much lower at smaller employers?</strong></sp=
an></div>
<div><span style=3D"font-size:10pt;">Should the long-standing disparity bet=
ween large and small employers when it comes to 401(k) auto-enrollment matt=
er?&nbsp; </span><a style=3D"color:rgb(0, 0, 0);font-weight:bold;text-decor=
ation:none;font-size:10pt;" track=3D"on" shape=3D"rect" href=3D"http://r20.=
rs6.net/tn.jsp?f=3D001A_Vte8i0wlGPXKHOwuMMHEqNDC7X5InkkbzTVGYIDf5fsvn5_T--p=
zW7o9e9ojAmGWT-ukG2DaKDS1pKiB3aj6fWGNFFJfmg_FlzZsyyFiLTbaKFVHgoy53xgwyCRBPV=
4O3TasNIQF4aRiD4t_fZh_qGNsM-cAhx-l7ji8HEmGc0xEcgnrcXoN5X4PNf86wEdrgKXXAA01t=
7F5oZ8buEvZmyvhi_dEI2W_Ln5HTS1-y8MItmkUEAPO4dzC2YOEt_M4dwfPNREccqBSYxfJVDWj=
CeLIfQiGEJTcI1YN5C7lt9DVUQX1Tdb9zulzaIpqbnEQ1Rj2Q4-vwPV6P5HIpEpQ=3D=3D&c=3D=
9F4B89b_RcskxSIROHtp2HgH0DQF-zXaL1fWXGxm4Y1QOOph5yg9eQ=3D=3D&ch=3DV69ndFXp7=
xGoyvYxzTJwgrdYjYTjk1qNnRH-b_e2uBHAv3n6Rd7Uqw=3D=3D" linktype=3D"1" alt=3D"=
https://www.benefitnews.com/news/why-are-401-k-participation-rates-so-much-=
lower-at-smaller-employers?feed=3D00000152-1385-d1cc-a5fa-7fff30f50000" tar=
get=3D"_blank">Read more></a></div>
</td></tr><tr><td style=3D"color:rgb(0, 0, 0);font-weight:400;width:586.61p=
x;vertical-align:top;font-size:16px;font-family:Calibri,Helvetica,Arial,san=
s-serif;font-style:normal;height:28px;" rowspan=3D"1" colspan=3D"1">
<div><span style=3D"color:rgb(91, 7, 160);font-size:12pt;"><strong>Particip=
ants Prefer Workplace Plans, Want More Employer Help</strong></span></div>
<div><span style=3D"color:black;font-size:10pt;">Have Americans accepted a =
shift in responsibility for their own retirement security? A new study by M=
etLife seems to indicate that they have.&nbsp; </span><a style=3D"color:bla=
ck;font-weight:bold;text-decoration:none;font-size:10pt;" track=3D"on" shap=
e=3D"rect" href=3D"http://r20.rs6.net/tn.jsp?f=3D001A_Vte8i0wlGPXKHOwuMMHEq=
NDC7X5InkkbzTVGYIDf5fsvn5_T--pzW7o9e9ojAmKRbBHFSBswYzBE0SRzcxAF-S81B79ni2hx=
PIbQYvmrZPJYe95ZARXBBIVTp1IFnZVv7DSgh0Pk4IPJh61bbZ6IxVbgjvGdacx4H3U8QbXX86O=
L0S58xT1UlsUUppp_Nv88TizkWx7G7VYn9-pmmuOWfFTbRE_rDpWGQ29yb-oWd-cQ6K8no6fTdi=
GjYcbf1aTGj0taDEzV3gVyqm5KSyCl0cg9qvF0MBhUCdCjkWh9NdcSioWLcSA3WeCbpQzDPaPQ7=
ZrJNONaTLL_xCTd4ruA=3D=3D&c=3D9F4B89b_RcskxSIROHtp2HgH0DQF-zXaL1fWXGxm4Y1QO=
Oph5yg9eQ=3D=3D&ch=3DV69ndFXp7xGoyvYxzTJwgrdYjYTjk1qNnRH-b_e2uBHAv3n6Rd7Uqw=
=3D=3D" linktype=3D"1" alt=3D"https://www.napa-net.org/news/managing-a-prac=
tice/industry-trends-and-research/participants-prefer-workplace-plans-want-=
more-employer-help/" target=3D"_blank">Read more></a><br/></div>
</td></tr></table>
</td></tr></table><table style=3D"display:table;" border=3D"0" width=3D"100=
%" cellpadding=3D"0" cellspacing=3D"0" id=3D"content_LETTER.BLOCK72"><tr><t=
d class=3D"MainText Content" style=3D"padding:0px 0px 0px 0px;color:#000000=
;font-size:12pt;font-family:Calibri,Helvetica,Arial,sans-serif;" valign=3D"=
top" rowspan=3D"1" colspan=3D"1" align=3D"left">
<table style=3D"margin-left:auto;background-color:transparent;width:600px;b=
order-width:0px;margin-right:auto;" cellpadding=3D"3" cellspacing=3D"0" ali=
gn=3D"center"><tr><td style=3D"color:rgb(0, 0, 0);font-weight:400;width:586=
.61px;vertical-align:top;font-size:16px;font-family:Calibri,Helvetica,Arial=
,sans-serif;font-style:normal;height:37px;text-align:right;" rowspan=3D"1" =
colspan=3D"1" align=3D"right"><img height=3D"37" border=3D"0" name=3D"ACCOU=
NT.IMAGE.792" hspace=3D"0" width=3D"593" src=3D"http://files.constantcontac=
t.com/876628ed001/b48eca94-2718-43d9-add8-1dbc3eabea83.jpg"> <br/></img></t=
d></tr><tr><td style=3D"color:rgb(0, 0, 0);font-weight:400;width:586.61px;v=
ertical-align:top;font-size:16px;font-family:Calibri,Helvetica,Arial,sans-s=
erif;font-style:normal;height:28px;" rowspan=3D"1" colspan=3D"1"><span styl=
e=3D"color:rgb(91, 7, 160);">&nbsp;</span><span style=3D"color:rgb(91, 7, 1=
60);" color=3D"#5b07a0"><strong>Newsworthy notes</strong></span><br/></td><=
/tr></table>
<div style=3D"margin-top:0px;margin-bottom:0px;">
<table style=3D"margin-left:auto;background-color:transparent;width:600px;b=
order-width:0px;margin-right:auto;" cellpadding=3D"3" cellspacing=3D"0" ali=
gn=3D"center"><tr><td style=3D"color:rgb(0, 0, 0);font-weight:400;width:106=
px;vertical-align:top;font-size:16px;font-family:Calibri,Helvetica,Arial,sa=
ns-serif;font-style:normal;height:109px;" rowspan=3D"1" colspan=3D"1"><img =
border=3D"0" name=3D"ACCOUNT.IMAGE.790" hspace=3D"0" width=3D"105" src=3D"h=
ttp://files.constantcontact.com/876628ed001/39458042-598e-426c-967f-7d0c94b=
9c949.jpg" align=3D"left"/></td><td style=3D"color:rgb(0, 0, 0);font-weight=
:400;width:478px;vertical-align:top;font-size:10pt;font-family:Calibri,Helv=
etica,Arial,sans-serif;font-style:normal;height:109px;" rowspan=3D"1" colsp=
an=3D"1">
<div><strong>Sharing our expertise:</strong></div>
<div>Stuart Herskowitz, senior vice president, client relations, and Kathry=
n Pizzi, managing director, wealth management, will present "Trends in Comp=
ensation and Benefits: Design and Delivery" at the 2018 Tri-State SHRM Conf=
erence on May 1.&nbsp; <a style=3D"color:rgb(0, 0, 0);font-weight:bold;text=
-decoration:none;" track=3D"on" shape=3D"rect" href=3D"http://r20.rs6.net/t=
n.jsp?f=3D001A_Vte8i0wlGPXKHOwuMMHEqNDC7X5InkkbzTVGYIDf5fsvn5_T--p5hs-rGIpx=
7A5o5_Jqwp7pS2L6KNqmKc6RHkjhjxIwAp-VU-XqYAufcbFuDvFZu034fkWT-iKbWvWZeJ61VT2=
tw0N9yiXQ4OE2pwr0Lh_4OXFWm4sFE8bqG6Ly3Nu4cSbg=3D=3D&c=3D9F4B89b_RcskxSIROHt=
p2HgH0DQF-zXaL1fWXGxm4Y1QOOph5yg9eQ=3D=3D&ch=3DV69ndFXp7xGoyvYxzTJwgrdYjYTj=
k1qNnRH-b_e2uBHAv3n6Rd7Uqw=3D=3D" linktype=3D"1" alt=3D"http://www.tristate=
hrm.com/" target=3D"_blank">Register today></a>&nbsp;&nbsp;</div>
<br/><div><strong>Promotion:</strong></div><div>Ted Laborde has been promot=
ed to OPEB&nbsp;Services Coordinator <strong><br/></strong></div><div><stro=
ng>&nbsp;</strong></div><div><strong>We are proud to support these upcoming=
 events:</strong></div><div>- Klingberg Family Centers Vintage Motorcar Ser=
ies</div><div>- South Nassau Communities Hospital 34th Annual Golf Tourname=
nt</div><div>- The Kiwanis Club of Windsor Shad Derby Golf Tournament</div>=
</td></tr></table>
</div>
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