March 27, 2008

U.S. Department of Labor obtains order requiring Seneca, South Carolina, company to restore more than $1.5 million to 401(k) profit-sharing plan

Archived News Release — Caution: Information may be out of date.

Atlanta – The U.S. Department of Labor has obtained a consent judgment in the U.S. District Court for South Carolina ordering Associated Technical Training Services Inc. (ATTSI) and plan fiduciaries to restore $1,523,227 to the company’s 401(k) profit-sharing plan.

March 27, 2008

U.S. Labor Department to sponsor free workshops in San Francisco on federal pension and health laws

Archived News Release — Caution: Information may be out of date.

San Francisco – The U.S. Department of Labor’s Employee Benefits and Security Administration (EBSA) will hold free, half-day workshops in San Francisco on April 21, at 9:30 a.m. and again at 1:30 p.m. PDT, to help employers, the employee benefit community and others better comply with federal pension law. The workshops will be held at the San Francisco Federal Building, 90-7th Street, Auditorium-Room B-020.

March 27, 2008

U.S. Department of Labor sues Georgia Plumbers Trade Association officers to restore more than $500,000 to terminated plan

Archived News Release — Caution: Information may be out of date.

Atlanta – The U.S. Department of Labor has sued two officers of the Georgia Plumbers Trade Association (GPTA) in Griffin, Georgia, for failing to oversee, monitor and control the assets of the Georgia Plumbers Trade Association Health Plan in violation of the federal Employee Retirement Income Security Act (ERISA).

March 26, 2008

U.S. Labor Department obtains court order appointing independent fiduciary for abandoned 401(k) plan of defunct Telford, Pennsylvania, company

Archived News Release — Caution: Information may be out of date.

Telford, Pennsylvania – The U.S. Department of Labor has obtained a default judgment appointing an independent fiduciary to terminate the 401(k) plan of defunct Telford company Keystone Contractors Inc. and distribute plan assets to participants and beneficiaries.

As of July 2007, the plan had 18 participants and approximately $27,051 in assets, the latest data available.

March 25, 2008

New York City staffing company charged with violating H-1B program following U.S. Labor Department finding almost $3 million in back wages due 156 workers

Advanced Professional Marketing Inc. also assessed civil penalty of $512,000

NEW YORK — Advanced Professional Marketing Inc. (APMI), a medical staffing company based in New York City, and the company's president, Marissa Beck, have been charged by the U.S. Department of Labor with violating provisions of the Immigration and Nationality Act that authorize employers to bring non-immigrant workers into the United States under the H-1B program.

March 24, 2008

Free health law seminar to be offered by U.S. Department of Labor April 8 and 9 in Carlisle, Pennsylvania

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

Philadelphia – The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) and the Pennsylvania Department of Insurance will offer a free health law compliance assistance seminar for employers, plan fiduciaries and plan service providers on April 8 and 9 at the Hotel Carlisle Embers Convention Center, 1700 Harrisburg Pike, in Carlisle, Pennsylvania.

March 24, 2008

U.S. Department of Labor issues model notice for multiemployer plans in critical status

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

Washington – The U.S. Department of Labor today announced a proposed regulation providing a model notice for use by multiemployer defined benefit pension plans to notify plan participants and others that their plan is in critical funding status. The proposed regulation is the result of the Pension Protection Act of 2006 (PPA) signed into law by President George W. Bush on August 17, 2006.

March 24, 2008

U.S. Labor Department sues fiduciary of Elk Grove Village-based company to recover profit-sharing plan assets

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

Elk Grove Village, Illinois – The U.S. Department of Labor has sued the vice president and profit-sharing plan trustee of Eagle International Ltd. in Elk Grove Village for violating the Employee Retirement Income Security Act (ERISA) by making an improper $30,000 loan to the company and failing to terminate the plan after the company ceased operation in 2003.

March 20, 2008

U.S. Labor Department seeks to restore employee contributions owed to Missouri SIMPLE IRA plan

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

Kansas City, Missouri – The U.S. Department of Labor has filed a lawsuit against Ronald Unterreiner, the president, secretary and director of Design and Construction Services Inc., in Chesterfield, Missouri, which sponsored the Design and Construction Services Inc. SIMPLE IRA Plan, for failure to forward $10,351.34 in employee contributions to the plan.

March 18, 2008

Database of more than 1,700 job candidates with disabilities to be made available to employers

WASHINGTON — On March 19, the U.S. Department of Labor will make available to employers nationwide a free database of 1,769 new job candidates with disabilities seeking work in a wide variety of fields. Federal employers can tap into this ongoing recruitment resource online, and private sector, other government and nonprofit employers can request unlimited searches by calling a toll-free telephone number.

March 17, 2008

U.S. Labor Department recovers 401(k) contributions for former South Bay tech company employees

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

San Francisco – The U.S. Department of Labor has reached an agreement with the president of UltraCard Inc., a revoked Nevada corporation operating out of Los Gatos, California, to restore employee contributions and lost interest to the company-sponsored 401(k) plan.

March 14, 2008

U.S. Labor Department enforcement agency announces
eight criminal convictions for February

Convictions up 20 percent, indictments 39 percent over fiscal year 2007

March 14, 2008

U.S. Labor Department sues to appoint independent fiduciary for 401(k) plan abandoned by Glendale, New York company

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

New York – The U.S. Department of Labor has filed a lawsuit asking the U.S. District Court for the Eastern District of New York to appoint an independent fiduciary to oversee the abandoned 401(k) plan of NCC Sportswear Corp. of Glendale, New York.

March 14, 2008

U.S. Labor Department obtains court judgment to distribute funds from Plymouth, Minnesota-based 401(k) plan

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

Plymouth, Minnesota – The U.S. Department of Labor has obtained a consent judgment appointing an independent fiduciary to terminate the Allstate Home Mortgage 401(k) Plan and Trust and distribute $90,507 in plan assets to six plan participants.

March 13, 2008

Hewitt and Enron to restore $11.2 million to Enron litigation settlement fund

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

Washington – Hewitt Associates LLC and the Enron Creditors Recovery Corp. have agreed to restore $11.2 million to the court-supervised settlement fund for Enron participants, the U.S. Department of Labor announced today. The settlement resolves a contempt motion filed by the secretary of labor against Hewitt for having misallocated court-supervised settlement funds owed to Enron employees.

March 12, 2008

White Plains, New York employer and company president ordered to restore $1.5 million to retirement plan to resolve U.S. Labor Department lawsuit

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

New York – The marketing and communications company Guild Concepts Ltd., White Plains, New York, and its president have been ordered to repay $1.5 million to the company’s pension plan under a consent judgment resolving a U.S. Department of Labor lawsuit alleging violations of the Employee Retirement Income Security Act (ERISA).

March 10, 2008

U.S. Labor Department to sponsor free workshop in Phoenix on complying with employee benefits law

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

San Francisco – The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) will hold a free workshop in Phoenix on April 3 from 8 to 10 a.m. MST to help employers, the employee benefit community and others better comply with federal employee benefits law. The workshop will take place at the Arizona Small Business Administration Entrepreneurial Center, 4130 E. Van Buren Street, Suite 140.

March 10, 2008

U.S. Labor Department re-schedules hearing on service provider compensation and plan fee disclosure

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

Washington — The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) has re-scheduled its public hearing to March 31, and April 1 (if necessary), to hear testimony about its regulatory proposal on the disclosure of service provider compensation and conflicts of interest information to employers. The hearing will take place at the Labor Department in Room S-4215 A-C, 200 Constitution Avenue, NW in Washington, DC.

March 4, 2008

U.S. Labor Department sues owner of South Bend company to recover more than $40,000 in 401(k) and health plan funds

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

South Bend, Indiana – The U.S. Department of Labor has sued the owner and fiduciary of 401(k) and health care plans for employees of Allegra Print & Imaging Inc. in South Bend for improperly using assets for the benefit of the company in violation of the federal Employee Retirement Income Security Act (ERISA).

March 3, 2008

Former head of defunct Waitsfield, Vermont company to restore delinquent employee contributions to company SIMPLE IRA to resolve U.S. Labor Department lawsuit

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

Boston – The former head of defunct Third Sector Systems Inc., Waitsfield, Vermont, has agreed to restore nearly $7,000 in delinquent employee contributions owed to participants of the company’s retirement plan under a consent judgment obtained by the U.S. Department of Labor.