Archived News Release — Caution: Information may be out of date.

Minneapolis, Minnesota - The U.S. Department of Labor has obtained a consent judgment requiring the trustee of the 401(k) plans of Minneapolis, Minnesota-based The Pelican Group Inc. to restore over $11,000 to the company’s savings and retirement plan. The suit seeks to recover any missing assets, appoint an independent fiduciary to oversee termination of the plan and distribute plan assets to eligible participants.

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Washington, DC - The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) today announced an extension of the deadline for filing Form 5500 and Form 5500 EZ annual report/returns due to property damage and destruction from Hurricane Katrina in Florida.

Archived News Release — Caution: Information may be out of date.

Washington, DC - The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) today announced additional time has been granted to January 3, 2006, for filing deadline of Form 5500 and Form 5500 EZ annual report/returns for employee benefit plans affected by Hurricane Katrina.

Archived News Release — Caution: Information may be out of date.

WASHINGTON—The U.S. Department of Labor's Employee Benefits Security Administration (EBSA), in conjunction with the Internal Revenue Service, announced an extension of a number of deadlines related to health plan coverage, giving workers and employers affected by Hurricane Katrina additional time to make critical decisions regarding health coverage. 

WASHINGTON—Today the U.S. Department of Labor's Office of Labor - Management Standards (OLMS) issued guidance for unions in the areas affected by Hurricane Katrina regarding the reporting requirements under Section 201 of the Labor-Management Reporting and Disclosure Act of 1959 (LMRDA).

Archived News Release — Caution: Information may be out of date.

Washington, DC - Today the U.S. Department of Labor’s Employee Benefits Security Administration (EBSA), along with the Internal Revenue Service (IRS), announced guidance for employers and plan officials to help victims of Hurricane Katrina obtain distributions and loans through 401(k) and similar employer-sponsored plans.

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Piscataway, New Jersey - Jacqueline M. Carmichael has been appointed independent fiduciary of the NP LLC 401(k) plan to distribute benefits to plan participants, according to a court order obtained by the U.S. Department of Labor.

The action comes as a result of a suit filed by the U.S. Department of Labor alleging that plan trustees John Brewer and Dr. B. Gopinath abandoned the plan after Network Programs LLC declared bankruptcy in 1999.

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New York, New York - The U.S. Department of Labor has sued under the Employee Retirement Income Security Act (ERISA) to obtain court appointment of an independent fiduciary to manage the abandoned 401(k) plan of YOUpowered, Inc., a now defunct company formerly located at 90 William Street, Suite 105, New York, New York.

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San Francisco, California - The U.S. Bankruptcy Court in Reno, Nevada has ruled that the owner of bankrupt Lodging & Gaming Systems, Inc. (LGS) cannot discharge his debt of $167,530, plus lost opportunity costs, owed to the company’s 401(k) plan for unpaid contributions and loan repayments. Steven H. Urie owns the software development company.

Archived News Release — Caution: Information may be out of date.

Washington, DC - The Advisory Council on Employee Welfare and Pension Benefit Plans and its working groups will meet September 21-23, 2005, at the U.S. Department of Labor in Washington, DC.

Archived News Release — Caution: Information may be out of date.

Houston, Texas - The U.S. Department of Labor has sued the former owner of defunct Kemil Inc., Houston, Texas, for failing to remit $15,174 in employee-paid health premiums to Blue Cross/Blue Shield HMO of Texas.

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Lansdale, Pennsylvania - The U.S. Department of Labor has obtained a court order requiring David Valaika and Phoenix Technical Services Inc. to restore $56,988 to the defunct company’s 401(k) plan.

Mabel Capolongo, regional director of the department’s Employee Benefits Security Administration (EBSA) said, “We filed this case to ensure that the plan participants recoup the money they set aside for their retirement years.”

Archived News Release — Caution: Information may be out of date.

Detroit, Michigan - The U.S. Department of Labor has recovered $12,378.60 in principle and interest for delinquent contributions owed to the Fox Berry Inc. 401(k) plan, resolving a suit filed in Federal District Court in Detroit against the Monroe, Mich., firm. In addition to the restitution, the court appointed an independent fiduciary to manage the assets of the retirement plan.

Archived News Release — Caution: Information may be out of date.

WASHINGTON — The U. S. Department of Labor's Employee Benefits Security Administration (EBSA) today announced an extension of the deadline for filing Form 5500 and Form 5500 EZ annual report/returns due to property damage and destruction from Hurricane Katrina in Mississippi.

Archived News Release — Caution: Information may be out of date.

DALLAS — The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) today announced an extension of the deadline for filing Form 5500 and Form 5500 EZ annual report/returns due to property damage and destruction from Hurricane Katrina in Louisiana.

Archived News Release — Caution: Information may be out of date.

WASHINGTON—The U.S. Department of Labor's Employee Benefits Security Administration (EBSA) today announced an extension of the deadline for filing Form 5500 and Form 5500 EZ annual report/returns due to property damage and destruction from Hurricane Katrina in Alabama.

Archived News Release — Caution: Information may be out of date.

Denver, Colorado - The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) today announced an extension of the deadline for filing Form 5500 and Form 5500 EZ annual report/returns due to damages from a tornado in Campbell County, Wyoming.

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Newark, Delaware - The U.S. Department of Labor has obtained a court order requiring Foley Brofsky Inc. (FB), Foley Jewelers Christiana Inc. (FJC) and FJC’s president David A. Mazer to restore $52,214 to the companies’ 401(k) plan. Mazer must pay an additional $6,783 as restitution for lost income caused by violating the Employee Retirement Income Security Act (ERISA).

Archived News Release — Caution: Information may be out of date.

Philadelphia, Pennsylvania - The U.S. Department of Labor has obtained a consent judgment requiring the trustee to restore $20,131 in delinquent employee contributions owed to the Terminal Technologies Inc. 401(k) plan sponsored by defunct NLOCI Corporation, West Chester, Pennsylvania.

Archived News Release — Caution: Information may be out of date.

Chicago, Illinois - Lombard, Illinois-based Employer’s Consortium, Inc. (ECI) and its president, Andrew Cory, must pay outstanding charges owed to several medical providers and funds owed to individual retirement accounts of the Employer’s Consortium, Inc. 401(k) Plan, according to a settlement announced today by the U.S. Department of Labor.