Archived News Release — Caution: Information may be out of date.

Chicago, Illinois - Under a consent judgment obtained by the U.S. Department of Labor, the owner and chief executive officer of Relco Locomotives, Inc., was removed as a fiduciary of the company’s 401(k) plan because he failed to forward employee contributions to the plan in a timely manner.

Archived News Release — Caution: Information may be out of date.

Archived News Release — Caution: Information may be out of date.

Archived News Release — Caution: Information may be out of date.

Washington, DC - The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA), the Internal Revenue Service (IRS) and the Pension Benefit Guaranty Corporation (PBGC) today announced the release of the 2003 Form 5500, tips to avoid common filing errors and frequently asked questions (FAQs) for small pension plans that use the audit exception.

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San Francisco, California - The U.S. Department of Labor will hold a first-of-it’s-kind workshop to help employers and pension plan administrators better comply with federal pension law. The workshop will be held on January 15, 2004 at the Pasadena Convention Center.

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Chicago, Illinois - The U.S. Department of Labor has sued Meade Communications, Inc., of Berkeley, Illinois, and the fiduciary of the company’s 401(k) plan for failure to remit employee contributions and loan repayments to the plan.

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Dallas, Texas - The U.S. Department of Labor sued several fiduciaries to the retirement plans and a health plan of client employers of Seirios Staff Services, Inc., a defunct professional employee organization (PEO) that operated out of Addison, Texas. The fiduciaries allegedly failed to forward employee and matching employer contributions to the retirement plans and to forward premiums to the health plan.

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Chicago, Illinois -  The U.S. Department of Labor sued an executive of Omni Circuits, Inc., in Glenview, Illinois, to prevent him from avoiding debts he owes to the company’s welfare plans during his personal bankruptcy proceeding.

WASHINGTON—Strandtek International Inc., a financially strapped Southside manufacturing plant on the brink of closing, will now remain open and has paid 133 workers $1.3 million in unpaid wages, thanks to negotiating efforts by the U.S. Department of Labor.

WASHINGTON—The U.S. Department of Labor announced today that it has filed a consent judgment and order with the U.S. District Court, Eastern District of New York, for $410,000 in back wages and damages as part of a settlement of lawsuits brought by the department against New York garment contractors and manufacturers.

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Albuquerque, New Mexico - The U.S. Department of Labor sued Automated Solutions of Albuquerque, Inc., and the company’s two 401(k) plan trustees for allegedly failing to forward $9,111 in employee contributions to the plan.

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Houston, Texas - The U.S. Department of Labor obtained a consent order barring Aeropanel Corporation of Houston, Texas, and its president from violating the Employee Retirement Income Security Act (ERISA) in the future and requiring them to provide financial information to the government to resolve a lawsuit alleging they failed to forward employee contributions to the company’s 401(k) plan.

WASHINGTON—Labor Secretary Elaine L. Chao and Small Business Administration Administrator Hector V. Barreto today signed a Strategic Alliance Memorandum (SAM) designed to help people with disabilities pursue small business ownership and to also increase their employment opportunities in small businesses.

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WASHINGTON—The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) today proposed a rule that would require state-registered investment advisers seeking investment manager status under federal benefit law to register electronically through the Investment Adviser Registration Depository (IARD).

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New York, New York - The U.S. Department of Labor has filed a lawsuit seeking an independent fiduciary to manage and distribute more than $300,000 in retirement assets for the benefit of participants of the Geophysical and Environmental Research Corporation’s (Geophysical) 401(k) plan in Millbrook, New York.

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

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

WASHINGTON—Today U.S. Secretary of Labor Elaine L. Chao delivered the keynote address at the two-day Labor Department event entitled “Emergency Preparedness For People With Disabilities: An Interagency Seminar Of Exchange For Federal Managers.”

WASHINGTON—Noting “inadequate transportation can inhibit employment for all people, but is an even greater barrier to people with disabilities,” Dr. Roy Grizzard, Assistant Secretary of Labor for the Office of Disability Employment Policy (ODEP) said today, “Government at all levels is working to coordinate transportation policies and programs for those people with disabilities who need it the most.”

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