September 24, 2004

W.K. Industries to Restore $630,000 To Profit Sharing Plan

Archived News Release — Caution: Information may be out of date.

Detroit, Michigan - The president of W. K. Industries Inc. of Sterling Heights, Michigan, and the trustee of the company’s profit sharing plan have restored $630,000 to the plan as repayment for a prohibited loan from the plan to the company’s president, according to a consent order and judgment obtained by the U.S. Department of Labor.

September 24, 2004

Owner of Defunct Indiana Company Sued To Recover Employee Health Premium Payments

Archived News Release — Caution: Information may be out of date.

Chicago, Illinois - The U.S. Department of Labor has sued the owner of defunct Western Rubber, Inc. of Goshen, Indiana, to recover employee contributions that he failed to forward to the company’s self-insured health plan.

September 22, 2004

U.S. Labor Department Sues to Appoint Independent Fiduciary For Retirement Plan of Grand Rapids Mortgage Company

Archived News Release — Caution: Information may be out of date.

September 21, 2004

U.S. Labor Department Extends Annual Reports Deadline After Hurricane Frances Hits North Carolina

Archived News Release — Caution: Information may be out of date.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 an extension of the deadline for filing Form 5500 and Form 5500 EZ annual report/returns due to storm damages from Hurricane Frances in 15 North Carolina counties.

September 21, 2004

U.S. Labor Department Obtains Default Judgment Appointing Independent Fiduciary of Cleveland 401(k) Plan

Archived News Release — Caution: Information may be out of date.

Cleveland, Ohio - The U.S. Department of Labor has obtained a default judgment removing Classic Stone Industries, Inc. in Cleveland as a fiduciary of the company’s 401(k) plan and appointing an independent fiduciary to manage the plan.

September 21, 2004

U.S. Labor Department Extends Annual Reports Deadline After Hurricane Frances Hits Florida

Archived News Release — Caution: Information may be out of date.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 an extension of the deadline for filing Form 5500 and Form 5500 EZ annual report/returns due to storm damages from Hurricane Frances in 42 Florida counties.

September 21, 2004

Hotel Union President in New Jersey Indicted For Stealing Over $130,000 From Health and Union Funds

Archived News Release — Caution: Information may be out of date.

September 20, 2004

ERISA Advisory Council to Hold September 2004 Meetings

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

Washington, DC - The Advisory Council on Employee Welfare and Pension Benefit Plans and its three working groups will convene September 21-23, 2004, in Room N3437 A-C at the U.S. Department of Labor, 200 Constitution Avenue NW, Washington, DC.

September 20, 2004

U.S. Department of Labor Sues Utah Corporation, Board and Officers to Restore Retirement Assets

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

Salt Lake City, Utah - The U.S. Department of Labor has sued Learnframe, Inc., its chief executive and financial officers, and its board of directors for failing to deposit more than $100,000 in 401(k) contributions into the employees’ pension accounts.

September 15, 2004

U.S. Labor Department Removes Health Benefit Fund Trustees

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

Atlanta, Georgia - The U.S. Department of Labor has obtained a preliminary injunction removing the trustees of the Paramount, California-based International Union of Industrial and Independent Workers Benefit Fund (IUIIW) and permanently barring them from service to the fund.

September 10, 2004

U.S. Labor Department Acts to Protects Employees’ 401(k) Plan Assets

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

San Francisco, California - To protect the 401(k) contributions of employees of now-defunct Madsen Mechanical Inc. in Ogden, Utah, the U.S. Department of Labor and the company’s former president have reached an agreement that $24,821 in debt owed to the plan cannot be discharged due to a bankruptcy filing.

September 9, 2004

U.S. Labor Department Sues Wisconsin Company and 401(k) Plan Administrator for Failing to Forward Contributions

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

Milwaukee, Wisconsin - The U.S. Department of Labor has sued Brookfield, Wisconsin-based Garrett Group L.L.C. and the administrator of its 401(k) savings plan for failing to forward employee contributions to the plan of company-owned Badger Die Casting Corporation of Milwaukee.

September 9, 2004

Labor Department Sues Ohio Retirement Plan Officials for Misuse Of Retirement Plan Assets

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

Cleveland, Ohio - The U.S. Department of Labor has sued executives of the Acme Arsena Company of Cuyahoga County for allegedly transferring $765,000 in assets from the company’s retirement plan for their own benefit.

September 9, 2004

U.S. Labor Department Seeks Independent Fiduciary For Abandoned Ohio Employee Stock Ownership Plan

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

Cleveland, Ohio - The U.S. Department of Labor filed a lawsuit to appoint an independent fiduciary for the retirement plan of The Astatic Corporation of Conneaut, Ohio, to distribute plan assets to participants and terminate the plan.

September 2, 2004

Labor Department Sues Arizona Corporation and CEO To Restore Delinquent Contributions

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

Phoenix, Arizona - The U.S. Department of Labor sued DMT Engineering, Inc. and Ductmole Inc., both of Phoenix, Arizona, and the companies’ chief executive officer for failing to timely remit employee contributions to Ductmole Inc.’s Simple IRA plan and to segregate the contributions from the general operating assets of the companies.

September 2, 2004

U.S. Department of Labor Obtains Judgment Against Shreveport Business and Owner To Restore 401(k) Employee Contributions

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

Shreveport, Louisiana - The U.S. Department of Labor has obtained a consent judgment and order requiring Carl Pons Electric Motor Service Inc. in Shreveport, Louisiana, and its owner to repay losses suffered by the company’s 401(k) plan for failing to timely remit and forward retirement contributions deducted from employees’ paychecks.

August 30, 2004

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

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

August 26, 2004

Executive of Defunct Illinois Manufacturer Sued Over Delinquent 401(k) Employee Contributions

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

Chicago, Illinois - The U.S. Department of Labor today sued the former president of Bimet Corporation in Morris, Illinois, for failing to timely remit employee contributions to the company’s 401(k) profit sharing plan and retaining the assets with those of Bimet.

August 25, 2004

New Jersey Computer Consultant Sued Over Delinquent Employee Contributions

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

Newark, New Jersey - The U.S. Department of Labor sued The Learning Edge Inc. of Montvale, New Jersey, and its president for failing to properly remit more than $25,000 in employee contributions to the company’s 401(k) plan.

August 24, 2004

U.S. Labor Department Sues Owner of Now-Defunct Standard Hart Printing - Topeka-based Company Owes Pension Plan Nearly $15,000

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

Topeka, Kansas - The U.S. Department of Labor has filed an adversary complaint to require the owner of the now- defunct Standard Hart Printing Inc. of Topeka, Kansas, to pay $14,794 owed to the company’s SIMPLE IRA and health plans as restitution for employee contributions that weren’t forwarded to the plans.