By: Russ Kamp, Managing Director, Ryan ALM, Inc. Fidelity has recently reported that the average 401(k) balance declined by -23% in 2022. Vanguard reported that their "average" 401(k) account declined by -20% . In case you thought IRAs may have...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. At Ryan ALM, Inc., we love bonds because of their cash flows, carefully matching those principal and interest payments with a pension plan's unique liability cash flows (benefits). Importantly, one doesn't have...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. We are pleased to provide you with this very brief update on the implementation of the ARPA legislation. I know that kids in our local school district were off for the week...

Russ Kamp, Managing Director, Ryan ALM, Inc. The following post was drafted on March 22, 2022. I'm not sure why I didn't publish it then, but the content remains quite relevant. It isn't too late to do something to help...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. I just got my latest email from the folks at the IFEBP - thank you! They provide wonderful and relevant content each day, if not more frequently. The following grabbed my attention:...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. I recently returned from an industry event focused on public pension plans. There were many important topics covered by excellent presenters. That said, I have to push back on the idea that...

By: Ryan ALM, Inc ASOP 4 requires pricing liabilities (as an adjunct to funding requirements) at yields for Low Default-Risk Obligations (LDROM) that are reasonably consistent with cash flow matching liability cash flows. Ryan ALM feels strongly that only two...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. We are pleased to provide you with the weekly update on the implementation of the ARPA pension legislation. It took the New England Teamsters Pension Plan no time at all to file...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. The Federal Reserve claims to be data driven. If that is truly the case, we are likely in for a longer rising interest rate cycle. I'm not referring to either of today's...

By Russ Kamp, Managing Director, Ryan ALM, Inc. Asset allocation decisions shouldn't be taken lightly, and a long-term structured approach should prove superior over time compared to trying to "time" the market with dynamic shifts that can be costly and...