CONTENTS APRIL - MAY 2020 2 | INSIGHTS 4 | ISSUE INTRO 6 | INDUSTRY ANALYSIS Sponsors Respond to Pandemic 8 | RULES & REGULATIONS Another Plan Account Is Drained; plus More From Washington and the Courts 12 | UPFRONT All Eyes on Financial Markets COVER STORY 18 | The Road Ahead What plan sponsors should evaluate once the immediate crisis ends. RESEARCH 22 | 2020 DB Administration Survey A Lesson in Fine Tuning: After a decade of change, defined benefit plans still are relevant to the retirement system. AWARDS 26 | 2020 Plan Sponsor of the Year Finalists Finalists in 10 categories of plans: six segments of corporate 401(k); two segments of nonprofit DC; public DC; and TRO. FEATURE 38 | 2020 PLANSPONSOR Service Stars Six teams and four individuals from the plan provider community are this year's honorees. DB FOCUS 44 | Same but Different Lessons on past market breaks, from seasoned bond investors. INVESTMENT FOCUS 46 | It Takes Two Sponsors may offer an income product, but do participants understand and use it? WELLNESS STRATEGIES 48 | Staying the Course Plan before implementing any coronavirus-related distribution provisions. 50 | ERISA EXAMINATION New Benefits for The 'Disaster' IRC Section 139 provides expanded relief for affected employees. 51 | INSIDE ANGLE The Pluses of Portability The auto-feature lessens leakage and the number of missing participants. 52 | EXECUTIVE SUMMARY A Cost That Pays Asset-based fee schedules may fuel plan success. Layoffs or Furloughs? To the IRS, It Matters New Virus Tests the Limits Of 'Wellness' Retirement on a 2-Legged Stool Remote Work Can Bring Cybersecurity Challenges Company Stock a Different Animal in a Downturn Why Some HSA Holders Become Investors PLANSPONSOR.COM April - May 2020 1http://www.PLANSPONSOR.COM