For the last several quarters,
we have worked closely with
the 401(k) investment
committee to continually
upgrade your plan – whether
it be through the addition of
classes for diversification, or
via the reduction in plan
expenses by inserting less
expensive share classes into
the mutual fund lineup ...
For most of this past quarter, stocks held onto modest gains on signs of a gradual recovery in Japan and Europe as
well as continued stability in the US. In the final week of June, however, equities across the globe got hit pretty hard
on concerns Greece will default on its debt and potentially exit the European Union. The European economy and
banking system are in much better shape today than four years ago, which will mitigate the shock of a Greek banking
failure, but a full‐blown exit from the EU will still likely be disruptive in the near term. ....