December 29, 2003

Labor Department Releases 2003 Form 5500 Annual Report and Guidance on Filing Requirements

Archived News Release — Caution: Information may be out of date.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

December 23, 2003

Labor Department Sponsors Workshop on Complying With Federal Pension Law

Archived News Release — Caution: Information may be out of date.

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.

December 22, 2003

Labor Department Sues Chicago Mobile Telephone Company and 401(k) Trustee For Delinquent Employee Contributions to Plan

Archived News Release — Caution: Information may be out of date.

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.

December 22, 2003

Labor Department Sues Officers of Texas Professional Employee Organization Over Delinquent Plan Contributions

Archived News Release — Caution: Information may be out of date.

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.

December 19, 2003

Labor Department Sues Executive of Defunct Illinois Corporation To Prevent Avoidance of Debts Owed to Welfare Plans

Archived News Release — Caution: Information may be out of date.

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.

December 17, 2003

Labor Department Settles With Houston Aircraft Manufacturer Over Misuse of Employee Pension Contributions

Archived News Release — Caution: Information may be out of date.

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.

December 17, 2003

Labor Department Sues Albuquerque Company and Its 401(k) Plan Officials To Recover Delinquent Contributions

Archived News Release — Caution: Information may be out of date.

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.

December 8, 2003

Labor Department Proposes Rule to Streamline Registration by Investment Managers to Plans

Archived News Release — Caution: Information may be out of date.

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).

December 4, 2003

Labor Department Seeks Independent Fiduciary To Manage Abandoned 401(k) Plan

Archived News Release — Caution: Information may be out of date.

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.

December 3, 2003

Labor Department Obtains Court Order Preventing Former Texas Executive from Avoiding Debt to Plan

Archived News Release — Caution: Information may be out of date.

December 3, 2003

Labor Department Sues Owners of Houston Healthcare Facility For Misuse of Plan Assets

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

December 1, 2003

Labor Department Settles Lawsuit with Fiduciaries Of Bankrupt Ohio Industries Retirement and Health Plans

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

November 25, 2003

Labor Department Obtains Settlement with Ford Motor Company For Federal Benefit Plan Reporting Violations

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

November 24, 2003

Labor Department Sues Alabama Firm and Plan Officials Over Delinquent Employee Contributions

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

November 20, 2003

Labor Department Issues Reporting And Disclosure Guide for Employee Benefit Plans

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

November 20, 2003

Labor Department Sues Houston Plan Official For Abandoning Profit Sharing Plan

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

November 20, 2003

U.S. Labor Department Seeks Appointment of Independent Fiduciary For Abandoned West Long Branch, New Jersey 401(k) Plan

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

November 18, 2003

New Data Show Record-Breaking Results from Strong Enforcement, Compliance Assistance

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

WASHINGTON—U.S. Labor Secretary Elaine L. Chao today released the Department of Labor’s annual enforcement statistics, showing that the Department’s innovative and effective approach to protecting workers is yielding record-breaking results. Chao noted that American workers are safer and are receiving more back wages—including overtime pay—than in the past.

November 17, 2003

Defunct Houston Company and Trustee Sued to Restore Employee Contributions to 401(k) Profit Sharing Plan

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