Archive for June, 2016

Announcement of DAP Enhancements coming October 3, 2016

Monday, June 27th, 2016

We’re introducing important enhancements to your DAP 401(k) Plan this fall! The updates we’re making are the result of a comprehensive review by our investment consultant and the DAP Board of Directors. We will, of course, continue to offer participants our very popular DAP Stable Value Option and the four Model Portfolios. The enhancements will provide a simplified fund selection, broad solutions for all types of investors, and maximize cost effectiveness for affordability.

All of the communication mailed to our participants will be posted on the “DAP Enhancements” web page located in the upper right hand corner of the www.dapretirement.com homepage.

This week, all of the Directed Account Plan participants received an announcement that the DAP Enhancements will come into view on October 3, 2016.  A postcard was mailed to the former TWA Pilots and their beneficiaries.  Please Click Here to view the postcard.

The same announcement was emailed to all of the CommunityAmerica employees.  This general announcement starts our formal communication of the new investment menu.

Stay tuned for more detailed information in a special Heads Up newsletter dedicated solely to your new investment menu. Look for this Heads Up newsletter to arrive separate from your quarterly statement in late July.

Stay informed by visiting the “DAP Enhancements” page on www.dapretirement.com.

Market Volatility

Friday, June 24th, 2016

In light of recent market volatility, remember that your retirement plan is intended for long-term investment. Attempts to time the market are rarely successful. One way to manage risk over time is to ensure you have a diversified portfolio that is rebalanced through up-and-down markets. Keep your individual needs, goals and time horizon in mind and consult with your financial adviser if needed. It is important to note diversification and rebalancing do not ensure a profit and do not protect against loss in declining markets.

2016 May Detailed YTD Performance

Wednesday, June 22nd, 2016
Fixed  Income Large Cap Value Large Cap Growth Foreign Small Company Portfolio
Stable Value Option 0.8%
BlackRock Instl. Money Market Fund CIT 0.2%
Cash/CDs 0.4%
Invesco Managed Account 1.1%
Benchmark
BC US Govt. 1-3 Yr 0.8%
Value Stock Option 3.2%
BlackRock Value Index CIT 5.3%
T. Rowe Price Value 2.3%
Goldman Sachs Mid Cap Value Instl. 3.8%
JP Morgan Equity Income Fund R6 5.1%
Benchmark
Russell 1000 Value 5.4%
Equity Index Option 3.4%
Benchmark
Russell 3000 3.4%
Growth Stock Option -1.1%
BlackRock Growth Index CIT 1.9%
T. Rowe Price Growth Stock -3.8%
Primecap Odyssey Growth -2.5%
Wellington Mid Cap Opportunities CIT 4.0%
Broad Run Mid Cap Growth SA 4.2%
Benchmark
Russell 1000 Growth 1.8%
International Stock Option 1.6%
BlackRock ACWI ex-US IMI Index CIT 1.5%
Templeton Foreign Series -2.2%
Thornburg Intl Value Instl. -2.5%
MFS Intl. Value Equity Fund CIT 4.1%
DFA Emerging Markets Value Instl. 4.6%
Brandes International Small Cap Equity 5.0%
Benchmark
MSCI ACWI Ex-US IMI (net) 0.8%
Diversified Small Company Stock Option 1.6%
BlackRock Small Company Index 0.3%
DFA U.S. Micro Cap Portfolio Instl. 3.1%
Royce Opportunity 4.3%
Brown Capital Mgmt. Small. Co. Install. SA -1.1%
Buffalo Small Cap -3.2%
Mutual of America Disciplined Small Cap Value SA 2.9%
Walthausen Small Cap Value 6.7%
Benchmark
Russell 2000 0.8%
Retirement Model 1.4%
Benchmark
Retirement Composite Index 1.4%
Conservative Model 1.9%
Benchmark
Conservative Composite Index 2.4%
Moderate Model 1.6%
Benchmark
Moderate Composite Index 2.3%
Aggressive Model 1.6%
Benchmark
Aggressive Composite Index 2.4%

June 2016

Thursday, June 2nd, 2016
Stable Value Value Stock Equity Index Growth Stock Intl. Stock Div. Small Co.Stock Retirement Portfolio Conserv Portfolio Moderate Portfolio Aggressive Portfolio
 01  296.47  736.34  721.82  653.08  463.07  841.23  128.04  444.93  571.59  619.11
 02  296.49  738.54  724.47  656.10  462.74  846.81  128.11  445.54  572.92  620.95
 03  296.54  736.15  722.05  652.56  467.39  842.49  128.12  445.00  572.20  620.11
 06  296.55  740.12  726.10  655.36  469.55  851.50  128.27  446.00  574.42  623.34
 07  296.57  742.17  727.25  655.86  474.01  854.05  128.38  446.40  575.60  625.09
 08  296.59  744.47  730.02  657.63  475.71  860.89  128.48  447.04  577.13  627.38
 09  296.60  742.77  728.33  655.75  471.01  855.16  128.37  446.64  575.51  624.89
 10  296.65  735.03  720.83  647.05  460.41  842.87  128.04  444.82  570.44  617.76
 13  296.67  729.15  715.03  640.65  453.37  834.08  127.78  443.40  566.75  612.64
 14  296.69  726.44  713.60  638.85  447.25  832.50  127.66  442.91  565.17  610.42
 15  296.70  725.37  712.83  638.93  450.40  833.22  127.68  442.70  565.41  610.93
 16  296.72  727.56  714.63  639.52  447.80  832.58  127.70  443.20  565.60  610.92
 17  296.77  727.71  712.53  636.55  451.53  829.46  127.74  443.01  565.26  610.53
 20  296.79  731.99  717.32  641.52  463.84  839.04  128.04  444.13  569.19  616.28
 21  296.81  734.44  718.76  642.45  465.34  836.46  128.11  444.63  569.79  616.82
 22  296.82  733.24  717.35  640.92  466.90  832.58  128.10  444.32  569.22  615.99
 23  296.84  743.99  727.57  650.30  475.07  850.15  128.51  446.91  575.17  624.30
 24  296.89  715.30  700.88  624.19  444.03  816.68  127.35  440.17  559.06  602.31
 27  296.91  700.58  686.74  610.74  433.40  790.15  126.82  436.65  550.74  590.59
 28  296.92  713.26  699.32  621.73  443.62  802.29  127.31  439.75  557.29  599.25
 29  296.94  726.07  711.77  633.74  452.14  819.90  127.77  442.95  564.23  608.56
 30  296.96  737.50  721.66  640.73  456.68  835.57  128.12  445.64  569.39  615.57
June Fund Performance (in percentages)
 0.17% 0.40%  0.18%  -1.76% -1.55 % 0.06 % 0.09% 0.25 % -0.24 %  -0.36%