Archived News Release — Caution: Information may be out of date.

Kansas City, Missouri - The U.S. Department of Labor has obtained a consent judgment and order requiring the owner of Ver-Sa-Til Associates Inc. in Chanhassen, Minnesota, to pay $6,832 as restitution for failing to forward employee contributions owed to the company’s profit sharing plan.

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Archived News Release — Caution: Information may be out of date.

Archived News Release — Caution: Information may be out of date.

Albuquerque, New Mexico - The U.S. Department of Labor has obtained a consent judgment and order removing the owner of Albuquerque-based J.R. Hale Contracting Company Inc. as fiduciary of the corporation's 401(k) profit sharing plan.

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“Workers Should Commit to Financial Independence for Secure Retirement”

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Cincinnati, Ohio - The U.S. Department of Labor obtained a consent judgment and order that appoints Anthony Troehler of St. Augustine, Florida, as the trustee of the retirement savings plan of Cincinnati-based CFC Interiors, Inc. The trustee will distribute the pension assets to participants and terminate the plan.

Archived News Release — Caution: Information may be out of date.

Archived News Release — Caution: Information may be out of date.

Chicago, Illinois - The U.S. Department of Labor has sued Chicago-based Atash Fire & Safety Equipment Co. and its 401(k) plan sponsor for failing to remit employee contributions to the plan and to secure appropriate fidelity bonding for the plan as required by the Employee Retirement Income Security Act (ERISA).

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WASHINGTON—A three-month-old jobs program that places college students with disabilities in summer employment has already exceeded last year’s placement totals, U.S. Labor Secretary Elaine Chao announced today.

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Washington, DC - Secretary of Labor Elaine L. Chao met with the Advisory Council of Employee Welfare and Pension Plans to welcome the Council’s new members and discuss ways to improve the retirement security and health coverage of America’s workers.

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This Week: Michigan, Texas, North Carolina, and Pennsylvania

WASHINGTON—To ensure full employer compliance with the Department of Labor’s new overtime security rules, Department of Labor officials will be meeting with members of the human resource community this week in Michigan, Texas, North Carolina, and Pennsylvania. To date, Department of Labor officials have held over 60 presentations, forums, and briefings in over 20 states as part of an extensive compliance assistance outreach.

WASHINGTON—U.S. Labor Secretary Elaine L. Chao today announced the availability of a $1.5 million technical assistance grant designed to help fulfill the Bush Administration’s ten-year goal of ending chronic homelessness among persons with disabilities.

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St. Paul, Minnesota - The U. S. Department of Labor sued the former chief executive officer of D.B. Welliver & Co. Inc. of St. Paul, Minnesota, for illegally transferring assets from the company’s retirement savings plan to his personal bank account.

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

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

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

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

Atlanta, Georgia - The owner and president of Commercial Marketing Services Inc. (CMS) of Lawrenceville, Georgia, has pleaded guilty to embezzling from the company’s profit sharing plan. The criminal charges were based on an investigation conducted by the U.S. Department of Labor’s Employee Benefits Security Administration (EBSA).

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Newark, New Jersey - The U.S. Department of Labor has sued to appoint an independent fiduciary for the abandoned savings and investment plan of Sequel Concepts Inc. of South Plainfield, New Jersey, which will distribute more than $1 million in plan assets to participants and terminate the plan.