Judge appoints independent fiduciary to distribute nearly $236,000 in assets of Samoa Aviation Inc. 401(k) Profit Sharing Plan in Pago Pago, American Samoa

Date of Action: Nov. 21, 2013

Type of Action: Default Judgment and Order

Name(s) of Defendant: Samoa Aviation Inc., Samoa Aviation Inc. 401 (k) Profit Sharing Plan

Allegations: As a fiduciary of the plan, defendant Samoa Aviation Inc. failed to administer the plan, resulting in participants not being able to obtain distributions of their individual plan accounts. The plan had 53 participants and assets totaling $235,693 as of June 30.

Resolution: The U.S. Department of Labor filed a civil complaint on April 30, 2013, for the defendant’s failure to administer the plan. The court entered a Default Judgment and Order against Samoa Aviation Inc., which removed it from serving as the plan’s fiduciary and appointed an independent fiduciary to administer the plan and distribute the assets to the participants.

Court: U.S. District Court for the Central District of California

Docket Number: 13-CV-00674-CJC (PLAx)

U.S. Department of Labor news materials are accessible at www.dol.gov. The information above is available in large print, Braille, audio tape or disc from the COAST office upon request by calling (202) 693-7828 or TTY (202) 693-7755.