August 2, 2004

Trustee of Medford 401(k) Plan Agrees to Repay Over $11,000 To Plan Participants Following Labor Department Legal Action

Archived News Release — Caution: Information may be out of date.

Boston, Massachusetts - The U.S. Department of Labor has obtained a consent judgment and order requiring the administrator of a Medford, Massachusetts, 401(k) plan to pay $11,287.48, plus interest, to plan participants as restitution for failing to forward employee contributions to the plan.

August 2, 2004

U.S. Labor Department Obtains Judgment Against Ohio Computer Company for Mismanaging 401(k)

Archived News Release — Caution: Information may be out of date.

Akron, Ohio - The U.S. Department of Labor has obtained a default judgment removing Pony Computer Inc. of Streetsboro, Ohio, as a fiduciary to its 401(k) plan and appointing Joseph S. Moynihan as the independent fiduciary responsible for managing the 401(k) and distributing more than $58,000 to 20 participants.

July 28, 2004

ERISA Advisory Council to Hold Working Group Meetings in August

Archived News Release — Caution: Information may be out of date.

July 28, 2004

Media Advisory - “Getting It Right” - New Compliance Assistance Seminar for Plan Fiduciaries

Archived News Release — Caution: Information may be out of date.

Columbus, Ohio - The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) compliance assistance seminar, “Getting It Right – Know Your Fiduciary Responsibilities,” will take place in Columbus, Ohio on July 29, 2004 at the Ohio State University Fawcett Conference Center, 2400 Olentangy River Road.

July 26, 2004

U.S. Labor Department Obtains Judgment Barring Fiduciaries of West Virginia 401(k) From Serving Plans

Archived News Release — Caution: Information may be out of date.

Charleston, West Virginia - The U.S. Department of Labor has obtained a consent judgment permanently barring the former owners of defunct Fleshman’s Inc. of Oceana, West Virginia, from service as fiduciaries to employee benefit plans governed by the Employee Retirement Income Security Act.

July 20, 2004

U.S. Secretary of Labor Elaine L. Chao Announces Settlements for Global Crossing Retirement Plans

Archived News Release — Caution: Information may be out of date.

July 13, 2004

U.S. Labor Department Obtains Partial Judgment Restoring $34,000 To New York Retirement Plan

Archived News Release — Caution: Information may be out of date.

July 8, 2004

U.S. Labor Department Sues Owner of Minnesota Company Over Delinquent Employee Contributions

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

Kansas City, Missouri - The U.S. Department of Labor has obtained a consent judgment and order requiring the owner of Ver-Sa-Til Associates Inc. in Chanhassen, Minnesota, to pay $6,832 as restitution for failing to forward employee contributions owed to the company’s profit sharing plan.

July 8, 2004

U.S. Labor Department Sues Former Bakery Union and Successor Fiduciary For Abandoning Pittsburgh Welfare Plan

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

July 6, 2004

U.S. Labor Department Sponsors New York Seminar On Federal and State Health Plan Laws

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

July 2, 2004

U.S. Labor Department Obtains Judgment Removing New Mexico 401(k) Plan Fiduciary

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

Albuquerque, New Mexico - The U.S. Department of Labor has obtained a consent judgment and order removing the owner of Albuquerque-based J.R. Hale Contracting Company Inc. as fiduciary of the corporation's 401(k) profit sharing plan.

June 30, 2004

U. S. Labor Department Continues National Education Campaign to “Build Wealth at Work”

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

 

“Workers Should Commit to Financial Independence for Secure Retirement”

June 24, 2004

U.S. Department of Labor Obtains Judgment Appointing Trustee for Ohio 401(k) Plan

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

Cincinnati, Ohio - The U.S. Department of Labor obtained a consent judgment and order that appoints Anthony Troehler of St. Augustine, Florida, as the trustee of the retirement savings plan of Cincinnati-based CFC Interiors, Inc. The trustee will distribute the pension assets to participants and terminate the plan.

June 23, 2004

Executives Of Defunct Maryland Computer Firm To Restore 401(k) Assets

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

June 22, 2004

U.S. Labor Department Sues Chicago 401(k) Plan Sponsor For Failing to Remit Employee Contributions

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

Chicago, Illinois - The U.S. Department of Labor has sued Chicago-based Atash Fire & Safety Equipment Co. and its 401(k) plan sponsor for failing to remit employee contributions to the plan and to secure appropriate fidelity bonding for the plan as required by the Employee Retirement Income Security Act (ERISA).

June 21, 2004

U.S. Labor Department Obtains Independent Fiduciary For Abandoned 401(k) Plan

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

June 17, 2004

U.S. Secretary of Labor Elaine L. Chao Meets With 2004 ERISA Advisory Council

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

Washington, DC - Secretary of Labor Elaine L. Chao met with the Advisory Council of Employee Welfare and Pension Plans to welcome the Council’s new members and discuss ways to improve the retirement security and health coverage of America’s workers.

June 16, 2004

U.S. Labor Department Sponsors Seminar To Help Plan Professionals Comply With Federal Pension Law

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

June 10, 2004

U.S. Labor Department Sues Former Minnesota CEO For Using 401(k) Plan Assets For Personal Use

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

St. Paul, Minnesota - The U. S. Department of Labor sued the former chief executive officer of D.B. Welliver & Co. Inc. of St. Paul, Minnesota, for illegally transferring assets from the company’s retirement savings plan to his personal bank account.

June 9, 2004

U.S. Labor Department Sues Maryland Firm and Owner For Violations of Federal Pension Law

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