Archived News Release — Caution: Information may be out of date.

Washington - The U.S. Department of Labor's Employee Benefits Security Administration (EBSA) today released Field Assistance Bulletin (FAB) 2006-02 that provides guidance to field investigators on recurring questions about the guidance in FAB 2004-1 and evolving practices regarding the offering of health savings accounts (HSAs) in the workplace.

Archived News Release — Caution: Information may be out of date.

St. Louis, Missouri - The U.S. Department of Labor will host a free employer workshop called “Understanding Your Responsibilities under ERISA and USERRA” on November 29 at the Robert A. Young Federal Building, 1222 Spruce Street, Room 2.206 (Auditorium) in St. Louis.

Baseball Great Dave Dravecky Honored for Community Leadership

WASHINGTON — U.S. Secretary of Labor Elaine L. Chao praised the nine winners of the Secretary of Labor's 5th Anniversary New Freedom Initiative Award for their outstanding efforts to improve employment opportunities for people with disabilities. The awards ceremony took place today at the Washington Renaissance Hotel.

Baseball Great Dave Dravecky Honored for Community Leadership

WASHINGTON — U.S. Secretary of Labor Elaine L. Chao praised the nine winners of the Secretary of Labor's 5th Anniversary New Freedom Initiative Award for their outstanding efforts to improve employment opportunities for people with disabilities. The awards ceremony took place today at the Washington Renaissance Hotel.

SHARE has significantly reduced total injuries, illnesses and fatalities

WASHINGTON — President George W. Bush has extended for three years the federal government's initiative to reduce occupational injuries, illnesses, and fatalities within its ranks.

Archived News Release — Caution: Information may be out of date.

Akron, Ohio - The U.S. Department of Labor has sued the owner of Truax Restoration Services, located in Akron, Ohio, for failing to forward employees’ voluntary contributions to the company’s 401(k) plan and to segregate the plan contributions from the company’s general assets.

Archived News Release — Caution: Information may be out of date.

San Francisco, California - The U.S. Department of Labor has filed suit in federal district court in San Francisco seeking the appointment of an independent trustee to manage the abandoned retirement plan of NetActive Corp., formerly of San Francisco. The trustee would terminate the plan and distribute its assets to eligible participants.

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

Chicago, Illinois - The U.S. Department of Labor has obtained a settlement requiring restoration of assets to the BGB Network Inc. Safe Harbor 401(k) Profit Sharing Plan and permanently barring former trustees of the plan, based in Broadview, Illinois, from service to employee benefit plans governed by the Employee Retirement Income Security Act (ERISA) in the future.

Two Sub-Contractors of RSIG Inc. Owe more than $663,000 in Back Wages

DETROIT — Two sub-contractors of RSIG Inc. a Southfield, Mich., security company, have agreed to pay $663,813 in overtime back wages to 716 Detroit area security guards following investigations by the U.S. Labor Department's Wage and Hour Division.

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

New York, New York - The U.S. Department of Labor has sued the fiduciaries of the Agway Inc. 401(k) plan, in DeWitt, New York, for imprudently investing approximately $50 million of the plan’s assets in the securities of the company, valuing the stock at prices higher than market value, and giving participants false information about the investment.

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 advised plan practitioners affected by Hurricane Katrina who require additional time to file 2005 Form 5500 series annual returns/reports that they may request an extension of two and one-half months (to December 31, 2006).

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

Cincinnati, Ohio - The U.S. Department of Labor has sued Strategic Decisions Inc. Cincinnati, for failing to administer and terminate the company’s 401(k) plan so that assets could be distributed to plan participants.

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

Detroit, Michigan - The U.S. Department of Labor has obtained a default judgment removing the former president of now-defunct Application Technology Group Inc. (ATG), Oakland County, Michigan, as a fiduciary to the ATG 401(k) plan, and permanently barring Kenneth A. Poulos from serving as a plan fiduciary to any Employee Retirement Income Security Act (ERISA)-covered employee benefit plan.

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

Philadelphia, Pennsylvania - The U.S. Department of Labor has sued now-defunct E.R. Caldwell Land Clearing Contractors Inc. (ERC), Ligonier, Pennsylvania, for alleged misappropriation of funds from the company’s 401(k) profit sharing plan and violations of the federal law that protects private retirement, health and other benefit plans.

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 the launch of a new interactive Web site to serve as a resource for employers in complying with the various federal health benefit laws. The Health Benefits Advisor is designed to help employers and other plan officials understand their responsibilities in operating group health plans.

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

San Francisco, California - A U.S. District Court judge has approved a default judgment against the trustees of the 401(k) plan of Promatis Corp., a defunct San Ramon, California-based company. The judgment clears the way for distribution of the plan’s assets to four eligible participants.

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

Washington, DC - The three working groups of the Employee Retirement Income Security Act

(ERISA) Advisory Council on Employee Welfare and Pension Benefit Plans will convene by teleconference October 20 to discuss reports and recommendations to be submitted to the Secretary of Labor.

WASHINGTON — U.S. Secretary of Labor Elaine L. Chao today announced the funding of a $4.3 million project to oversee public and private efforts to eliminate the worst forms of child labor in the cocoa sector.

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

Boston, Massachusetts - A Stoughton, Massachusetts dentist has restored more than $118,000 in misused assets to the profit sharing plan of the dental practice’s employees, according to a consent judgment and order obtained by the U.S. Department of Labor for alleged violations of the Employee Retirement Income Security Act (ERISA).

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