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Archived News Release — Caution: Information may be out of date.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Archived News Release — Caution: Information may be out of date.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

February 27, 2006

U.S. Labor Department Extends Filing Deadline for Annual Report Filers in Gulf Coast Region

Archived News Release — Caution: Information may be out of date.

Washington, DC - The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) is again extending the deadline for filing the Form 5500 series annual returns/reports to Aug. 28, 2006. This additional reporting relief is being granted to filers in 31 parishes in Louisiana, 46 counties in Mississippi and 11 counties in Alabama.

February 21, 2006

U.S. Labor Secretary Elaine L. Chao Announces Agenda for 2006 Saver Summit

Archived News Release — Caution: Information may be out of date.

Washington, DC - U.S. Secretary of Labor Elaine L. Chao today announced the agenda of the 2006 National Summit on Retirement Savings that will be held March 1-2, at the Willard Intercontinental Hotel in Washington, DC. The Summit will focus on “Saving for Your Golden Years: Trends, Challenges and Opportunities.”

February 17, 2006

Assistant Secretary of Labor Address to Oklahoma Public Policy Forum Focuses on President Bush’s Health Care Agenda

Archived News Release — Caution: Information may be out of date.

Oklahoma City, Oklahoma - U.S. Assistant Secretary of Labor Ann L. Combs spoke to members of Women Impacting Public Policy (WIPP) in Oklahoma City, Oklahoma, today to highlight the Bush Administration’s priorities to make healthcare more affordable for American workers, retirees and their families.

February 16, 2006

U.S. Labor Department Obtains Settlement Restoring More Than $118,000 To Retirement Fund of Defunct Lehigh County Company

Archived News Release — Caution: Information may be out of date.

Philadelphia, Pennsylvania - The U.S. Department of Labor has obtained a consent judgment requiring Cathy Milder to restore $118,736 to her company’s pension plan. Milder was a trustee of the benefit plan and owner of the plan’s sponsor, G&M Land Development Inc., a Wescosville, Pennsylvania, mobile home business that ceased operations in 1999.

February 16, 2006

Labor Department Sues to Appoint Independent Fiduciary for Abandoned Kearny, N.J., Retirement Plan

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

Kearny, New Jersey - The U.S. Department of Labor has sued to appoint Jacqueline Carmichael as an independent fiduciary authorized to manage the 401(k) plan of Universal Freight Systems, a defunct corporation headquartered in Kearny, New Jersey. The plan has been without oversight since the company ceased doing business in February 2002.

February 16, 2006

Secretary of Labor Elaine L. Chao Announces $134 Million to be Distributed to Enron Workers and Retirees

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

February 16, 2006

Lionville, Pennsylvania Company Agrees to Restore Nearly $272,000 to Retirement Plan to Settle Labor Department Lawsuit

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

Lionville, Pennsylvania - The U.S. Labor Department has obtained a consent judgment that will require the Harold E. Trego Construction Company Inc., Lionville, Pennsylvania, and its president, to restore $271,652 to the company’s retirement plan. The judgment settles a lawsuit alleging violations of the Employee Retirement Income Security Act (ERISA).

February 15, 2006

Assistant Secretary of Labor Combs to Address Oklahoma City Business Owners on Administration’s Health Care Agenda

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

February 15, 2006

Labor Department Unveils Resource to Help Americans Plan for Retirement

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 released a new resource to help Americans calculate the financial resources they will need to ensure a secure retirement.

February 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.

February 13, 2006

Assistant Secretary of Labor Addresses Grand Rapids Benefits Professionals

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

Grand Rapids, Michigan - U.S. Assistant Secretary of Labor Ann L. Combs spoke to members of the American Society of Pension Professionals and Actuaries (ASPPA) in Grand Rapids, Michigan, today to highlight the Bush Administration’s priorities to encourage retirement security and make healthcare more affordable for American workers, retirees and their families.

February 13, 2006

U.S. Labor Department Sues Former President of Detroit Company To Restore Employee Contributions to 401(k) Plan

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

Detroit, Michigan - The U.S. Department of Labor sued the former president and part-owner of Accutek Services Inc, Detroit, Michigan, to restore losses suffered by the company’s 401(k) plan when he failed to remit employee contributions, used plan assets to operate the company and failed to administer the plan.

February 9, 2006

U.S. Labor Department Obtains Appointment of Independent Fiduciary for Abandoned Latham, New York, 401(k) Plan

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

Albany, New York - The U.S. Department of Labor has obtained a federal court order appointing an independent fiduciary to manage the abandoned 401(k) plan originally sponsored by Green Appliances Inc., Latham, New York.

February 9, 2006

Labor Department Legal Action Restores Delinquent Contributions to Toledo Company’s Pension Plan

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

Cincinnati, Ohio - The U.S. Department of Labor has recovered $42,372.21 in employee contributions that were deducted from workers’ pay at A.C. Leadbetter & Sons Inc., Toledo, Ohio, but were never forwarded to the company’s pension plan. The figure includes $4,089.21 in interest on the delinquent contributions.

February 8, 2006

U.S. Labor Department Obtains Settlement Restoring Funds to Profit Sharing Plan of Defunct Charleston Business

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

February 8, 2006

Labor Department Announces Web Page and Media Registration for 2006 SAVER Summit

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

Washington, DC - Today, the U.S. Department of Labor announced a new Web page of up-to-date activities in connection with the 2006 National Summit on Retirement Savings. The Summit will take place March 1-2 at the Willard Intercontinental Hotel, 1401 Pennsylvania Avenue, NW, Washington, DC.