A new lower fee, the participant account maintenance fee, starts October 1, 2023. The link below to the notice and the October Heads Up describe the change:

Notice of New Fees

FAQs – Lower Participant Account Maintenance Fee and Optional Service Fees

The July 2023 Heads Up newsletter is posted under the Knowledge Center Tab, in the Heads Up Library.

Link to Heads Up Library

Here you will find investment education that transcends time.

Performance and investment details are updated monthly on this website under the Tracking Investments tab.

Please call the DAP Office at 314-739-7373 with questions.

The April 2023 Heads Up newsletter is posted under the Knowledge Center Tab, in the Heads Up Library.

Link to Heads Up Library

Here you will find investment education that transcends time.

Performance and investment details are updated monthly on this website under the Tracking Investments tab.

Please call the DAP Office at 314-739-7373 with questions.

The 2023 Summary Plan Descriptions are posted under the Knowledge Center Tab.

Summary Plan Description for the CommunityAmerica Credit Union and TruHome Solutions Employees 

Summary Plan Description for the Former TWA Pilots and their Beneficiaries

Please call the DAP Office at 314-739-7373 with questions.

The January 2023 Heads Up newsletter is posted.

January 2023 Heads Up Newsletter

All of the past Heads Up Newsletters are posted under the Knowledge Center Tab, in the Heads Up Library. Here you will find investment education that transcends time.

Performance and investment details are updated monthly on this website under the Tracking Investments tab.

Please call the DAP Office at 314-739-7373 with questions.

The new October 2022 Heads Up newsletter is posted.

Investing: The Nuts and Bolts; Market Timing; RMD Checklist

All of the past Heads Up Newsletters are posted under the Knowledge Center Tab, in the Heads Up Library. Here you will find investment education that transcends time.

Performance and investment details are updated monthly on this website under the Tracking Investments tab.

Please call the DAP Office at 314-739-7373 with questions.

The new July 2022 Heads Up newsletter is posted.

Your New Personalized Web Experience; Key Checkpoints of a Comprehensive Financial Wellness Check-in

All of the past Heads Up Newsletters are posted under the Knowledge Center Tab, in the Heads Up Library. Here you will find investment education that transcends time.

Performance and investment details are updated monthly on this website under the Tracking Investments tab.

Please call the DAP Office at 314-739-7373 with questions.

The current market volatility, and negative financial markets are weighing heavily on the minds of 401(k) investors.  This is not the first time that 401(k) Plans have experienced uncertain financial markets.

In fact, the DAP 401(k) participants have had to navigate many market downturns during their 29 years of investing to and through retirement.  Historically, the declines worked themselves out and the financial markets trended upward over time. Please take time to read these 18 Heads Up newsletter articles pulled from the archives going back to 1994. When the markets go down, it is a good time to re-educate ourselves on this important investment topic.

Investing in a Volatile Market – October 2020 Heads Up Issue

The Risk of Market Timing – July 2019 Heads Up Issue

Understanding Risk Tolerance – October 2018 Heads Up Issue

What is Market Volatility – April 2018 Heads Up Issue

Riding Along with the Ups and Downs – April 2015 Heads Up Issue

Staying the Course – April 2011 Heads Up Issue

Tips for Surviving the Next Market Disaster – October 2009 Heads Up Issue

Does Diversification Still Work? – July 2009 Heads Up Issue

Market Declines – A History Lesson Revisited – October 2008 Heads Up Issue

Market Timing – Put Down that Watch – You Can’t Time the Market – October 2007 Heads Up Issue 

Market Declines – A History Lesson – October 2002 Heads Up Issue

Investing Based on Time Horizon – November 2000 Heads Up Issue

Market Volatility – The Sky Isn’t Falling – November 1999 Heads Up Issue

Covering Risk – November 1997 Heads Up Issue

Return and  Risk – April 1996 Heads Up Issue

When the Teacup Rattles in Its Saucers – May 1996 Heads Up Issue

Slow and Steady Wins the Race – December 1994 Heads Up Issue

Watch the Donut not the Hole – August 1994 Heads Up Issue

We are excited to announce that you will soon benefit from the new Empower Personalized Experience at www.dap401k.com. Whether using the website or mobile apps, you will be able to your complete financial picture in an innovative and actionable way.

The process of moving over to the new experience will happen throughout the day next Wednesday, May 4^th; however, you will never be without access to your accounts online or the ability to complete transactions.  The website address (URL)/mobile apps and all user IDs and passwords will remain the same.

If you are enrolled in My Total Retirement (MTR)- Financial Advisory Services

On the day of migration, May 4th,  access to My Total Retirement may not be available.

There will be approximately 1.5 hours at the beginning of the migration that the call center won’t be able to assist you with opting in/opting out of MTR.

The Account Overview dashboard when you log in before the change.

When the move is complete, here is the new Account Overview dashboard with the new look and feel. 

If you have questions or concerns, please call Michelle in the DAP Office at 314-739-7373

Inflation has been on the minds of 401(K) plan participants since 2021. There was a commentary written by Kevin DiCiurcio, head of the Vanguard Capital Markets Model® research team on October 15, 2021 that addresses Inflation, Diversification and Asset Allocation. The biography of Kevin is included below and here is the link to the commentary.

Please Click Here for the Commentary – Inflation, Diversification and the 60/40 Portfolio

The Directed Account Plan Tier I – Asset Allocation investment options are for the investor who does not wish to be actively involved in the investment process. These funds offer a convenient, low-cost way to access a sophisticated diversification strategy of stocks and bonds, professional money management, and periodic rebalancing. Funds may be selected based upon either anticipated retirement date or risk preferences. There are two choices within the DAP’s Tier I – Asset Allocation Funds:

Target Risk Funds

Target Retirement Funds

Half of the DAP participants are directly invested in a DAP Asset Allocation Fund and most stay the course investing to and through retirement. An example of a 60/40 portfolio is the the Target Risk – Conservative Fund  with an allocation of 60% to equities and 40% to fixed income investments.

Kevin DiCiurcio is a senior investment strategist in Vanguard Investment Strategy Group. He is head of Vanguard Capital Markets Model® research team, which designs models for asset class return forecasts and quantitative portfolio construction. Within the team, Mr. DiCiurcio is responsible for managing the asset allocation of multiasset portfolios using quantitative modeling tools. He also conducts research related to portfolio construction and fixed income investing. Prior to this, Mr. DiCiurcio designed portfolios for Vanguard’s institutional clients using quantitative asset allocation tools and previously worked in Vanguard Risk Management Group supporting fixed income investment risk. Mr. DiCiurcio earned a B.S. in finance from the University of Richmond and an M.B.A. from Villanova University. He is a CFA® charterholder.