March 20, 2006

Mental Health Parity Act Extended to End of Year

Archived News Release — Caution: Information may be out of date.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 a technical amendment extending the interim final rules under the Mental Health Parity Act (MHPA) to December 31, 2006.

President Bush signed the extension December 30, 2005, as part of the Employee Retirement Preservation Act (P.L. 109-151, 119 Stat. 2886).

March 20, 2006

U.S. Labor Department Sues Pittsburgh Area Employer To Restore Funds To 401(k) Plan

Archived News Release — Caution: Information may be out of date.

Philadelphia, Pennsylvania - The U.S. Department of Labor has sued now-defunct Orris Fuel Inc., Creighton, Pennsylvania, and its controller, seeking restoration of funds to the company’s 401(k) plan.

March 16, 2006

U.S. Department of Labor Gets Court Order Barring Charlotte, North Carolina, Company President from Serving as 401(k) Plan Fiduciary

Archived News Release — Caution: Information may be out of date.

Atlanta, Georgia - The U.S. Department of Labor has obtained a consent judgment permanently barring Brenda Hamrick, controlling shareholder and president of Trawick Artists Management Inc., Charlotte, North Carolina, from serving as a fiduciary of the company’s 401(k) plan.

March 15, 2006

U.S. Labor Department Recovers More Than $66,000 for Former Decatur, Alabama 401(k) Plan

Archived News Release — Caution: Information may be out of date.

Atlanta, Georgia - A U.S. Department of Labor lawsuit has resulted in a court judgment ordering the CEO of now-bankrupt D&S Consulting Engineering Inc., Decatur, Alabama, to restore $66,128 to the company’s 401(k) plan.

March 15, 2006

Labor Department Sponsors San Diego Workshop on Federal Pension and Health Law

Archived News Release — Caution: Information may be out of date.

San Francisco, California - The U.S. Department of Labor will hold a free workshop April 20 to help employers and health and pension plan fiduciaries better comply with the Employee Retirement Income Security Act, the federal law governing private employer pension and health benefit plans. The workshop will be held at Hampton Inn San Diego-Sea World/Airport, 3888 Greenwood Street.

March 14, 2006

Labor Department Sues Officers of Hudson, Ohio, Business To Recover 401(k) Plan Losses

Archived News Release — Caution: Information may be out of date.

Cleveland, Ohio - The U.S. Department of Labor has sued Harold Hopkins and Linda Hopkins, officers of Vista Financial Group Inc., Hudson, Ohio, in federal district court in Cleveland to recover 401(k) plan losses that resulted from fiduciary breaches by the Hopkins. Circle Trust Company also is named in the lawsuit because it is custodian of the plan’s assets.

March 14, 2006

Labor Department Sues Plan Officials for Mismanaging Georgia Benefits Plan

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

Atlanta, Georgia - The U.S. Department of Labor has sued the fiduciaries of Rehab Consultants Inc. (RCI), Jefferson, Georgia, for making improper loan payments from the company’s employee stock ownership plan (ESOP) to parent company Rehab Consultants of Florida (RCF) and then abandoning the plan.

March 14, 2006

U.S. Labor Department Obtains $1.1 Million Judgment Restoring Assets to Spring Lake, Michigan 401(k) Plan

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

March 14, 2006

U.S. Labor Department Sues Framingham, Massachusetts, Employer to Restore Funds to Company 401(k) Plan

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

Boston, Massachusetts - The U.S. Department of Labor has sued the president of now-defunct One Source Computer Corporation, Framingham, Massachusetts, seeking restoration of funds to the company’s 401(k) plan.

March 13, 2006

U.S. Labor Department Sponsors Nashville Seminar on Compliance With Federal Employee Benefits Law

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

Nashville, Tennessee - A seminar to assist employers, pension plan administrators and other benefits professionals comply with federal employee benefits law will be held April 26 in Nashville at the Doubletree Guest Suites Airport, 2424 Atrium Way. The event is sponsored by the Atlanta office of the U.S. Department of Labor’s Employee Benefits Security Administration (EBSA).

March 13, 2006

U.S. Labor Department Sues Pocono Pines, Pennsylvania, Company Over 401(k) Retirement Savings Plan Violations

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

Philadelphia, Pennsylvania - The U.S. Labor Department has sued Austin James Associates Inc. (AJA), Pocono Pines, Pennsylvania, and its president, Curtis M. Herman, for failing to forward or timely remit employees’ contributions to the company’s 401(k) savings plan.

March 10, 2006

U.S. Labor Department Obtains Settlement Barring Hudson, Ohio, Business Owners From Overseeing Employees’ Benefit Funds

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

Cleveland, Ohio - The U.S. Department of Labor has obtained a settlement permanently barring Harold Hopkins and Linda Hopkins, Hudson, Ohio, former trustees of the Vista Financial Group Inc. 401(k) Plan, from serving as fiduciaries to employee benefit plans governed by the Employee Retirement Income Security Act.

March 8, 2006

U.S. Labor Department Obtains Settlement Restoring Funds to Virginia Company’s 401(k) Plan

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

Alexandria, Virginia - The U.S. Department of Labor has obtained a consent judgment requiring Therapy Management Services Inc. of Alexandria, Virginia, and its president, Brenda Hunt, to restore $32,899 to the company’s 401(k) plan.

March 7, 2006

Judge Orders Imprisonment of Philadelphia Businessman For Failure to Produce Documents

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

Philadelphia, Pennsylvania - A federal district court in Philadelphia has granted a motion by the U.S. Department of Labor to incarcerate John J. Koresko of Bridgeport, Pennsylvania, for failing to produce documents requested by administrative subpoenas.

March 7, 2006

Labor Department Sues Irvine Firm to Protect Employees’ 401(k) Funds

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

San Francisco, California - The U.S. Department of Labor has sued three former senior executives of Irvine-based Esynch Corporation for failing to collect delinquent employer contributions and failing to forward employee contributions to the company’s 401(k) plan. The business currently operates under the name of Mergence Corporation, also headquartered in Irvine.

March 6, 2006

U.S. Labor Department Sues to Appoint Independent Fiduciary for Manchester, Missouri, Company’s 401(k) Plan

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

St. Louis, Missouri - The U.S. Department of Labor has filed a lawsuit in the U.S. District Court for the Eastern District of Missouri to appoint an independent fiduciary to administer the abandoned 401(k) plan originally sponsored by Dave Godat Auto Body Inc. of Manchester, Missouri.

March 6, 2006

U.S. Labor Department Sues Rhode Island Employer to Restore Funds to 401(k) Plan

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

Boston, Massachusetts - The U.S. Department of Labor has sued the president of now-defunct e-tel Corp., West Warwick, Rhode Island, seeking restoration of funds to the company’s 401(k) plan.

March 2, 2006

Labor Department Restores Nearly $170,000 to Reno Software Firm’s 401(k) Plan

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

San Francisco, California - The U.S. Department of Labor has reached agreement with a now-defunct Reno company and its bonding firm to restore $167,530 owed to the bankrupt firm’s 401(k) plan. The action resolves all complaints by the Labor Department against Lodging & Gaming Systems Inc. (LGS), which develops software for casinos and hotels.

March 1, 2006

U.S. Labor Secretary Challenges 2006 SAVER Summit Delegates to Develop Strategies for Enhancing Retirement Security

WASHINGTON — Secretary of Labor Elaine L. Chao addressed a crowd of delegates representing the retirement savings and financial communities today to kick off the 2006 National Summit on Retirement Savings.

February 28, 2006

Labor Department Restores Nearly $70,000 to Chatsworth Machining Firm’s 401(k) and Health Plans

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

San Francisco, California - A U.S. District Court in Los Angeles ordered two former owners of Chatsworth, California-based, Simon Brothers Precision Machining to restore nearly $70,000 in delinquent employee contributions and loan repayments to the company’s 401(k) and health plans. The action resolves a lawsuit filed by the U.S. Labor Department last June to restore assets for 50 former employees of the company.