June 21, 2004

U.S. Labor Department Obtains Independent Fiduciary For Abandoned 401(k) Plan

Archived News Release — Caution: Information may be out of date.

June 17, 2004

Jobs Program for Students with Disabilities
Exceeds 2003 Totals, U.S. Labor Secretary Elaine L. Chao Says

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.

June 17, 2004

U.S. Secretary of Labor Elaine L. Chao Meets With 2004 ERISA Advisory Council

Archived News Release — Caution: Information may be out of date.

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.

June 16, 2004

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

Archived News Release — Caution: Information may be out of date.

June 14, 2004

DOL Officials Travel to Provide Compliance
Assistance on the New Overtime Rules: This Week: Michigan, Texas, North
Carolina, and Pennsylvania

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.

June 10, 2004

Labor Secretary Chao Announces $1.5 Million Grant
Aimed at Ending Chronic Homelessness Among People with Disabilities

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.

June 10, 2004

U.S. Labor Department Sues Former Minnesota CEO For Using 401(k) Plan Assets For Personal Use

Archived News Release — Caution: Information may be out of date.

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.

June 9, 2004

U.S. Labor Department Sues Maryland Firm and Owner For Violations of Federal Pension Law

Archived News Release — Caution: Information may be out of date.

June 9, 2004

U.S. Labor Department Settles Suit Against Alabama Firm and Plan Officials Over Delinquent Employee Contributions

Archived News Release — Caution: Information may be out of date.

June 8, 2004

ERISA Advisory Council to Hold First Meeting of 2004

Archived News Release — Caution: Information may be out of date.

June 4, 2004

Owner of Georgia Firm Pleads Guilty To Embezzling From Company’s Profit Sharing Plan

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).

June 4, 2004

U.S. Labor Department Seeks Independent Fiduciary For Abandoned Savings and Investment Plan

Archived News Release — Caution: Information may be out of date.

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.

June 4, 2004

U.S. Labor Department Sues Dallas Corporation and Owner to Restore Employee Contributions to SIMPLE IRA Plan

Archived News Release — Caution: Information may be out of date.

Dallas, Texas - The U.S. Department of Labor has sued Mallscapes Inc. of Dallas and its owner for failing to timely remit and forward to the corporation’s SIMPLE IRA plan contributions withheld from employees’ paychecks.

June 3, 2004

“Getting It Right” – Compliance Assistance Seminar For Plan Fiduciaries Set For June 17 in Miami

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

Miami, Florida - The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) compliance assistance seminar, “Getting It Right – Know Your Fiduciary Responsibilities,” will take place in Miami, Florida, on June 17, 2004 at the Sheraton Biscayne Bay, 495 Brickell Avenue.

June 2, 2004

U.S. Labor Department Sues Executive of North Carolina Imaging Firm over Delinquent 401(k) Employee Contributions

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

Durham, North Carolina - The U.S. Department of Labor has sued the owner of Norwood Electronics Inc. of Durham, North Carolina, for failing to forward $8,417 in employee contributions and interest to the Matlack Medical Imaging Inc. 401(k) Plan.

May 27, 2004

Secretary Chao Selects "You’re Hired!
Success Knows No Limitations!" as October's National Disability Employment
Awareness Month Theme

WASHINGTON—U.S. Secretary of Labor Elaine L. Chao has selected “You’re Hired! Success Knows No Limitations!” as the official theme for October’s National Disability Employment Awareness Month.

May 27, 2004

U.S. Secretary of Labor Elaine L. Chao Appoints New Members To 2004 ERISA Advisory Council and Leadership Posts

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

Washington, DC - U.S. Secretary of Labor Elaine L. Chao today announced the appointment of five persons to three-year terms on the 2004 Advisory Council on Employee Welfare and Pension Benefit Plans.

May 26, 2004

U.S. Labor Department Sues Pittsburgh Corporation and CEO To Restore Employee Contributions to 401(k) Plan

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

Pittsburgh, Pennsylvania - The U.S. Department of Labor has sued Vacuum Research Corporation of Pittsburgh, Pennsylvania, and the company’s chief executive officer for failing to restore employee contributions to the company’s 401(k) plan.

May 25, 2004

Labor Department Announces Final Rules on Notices For COBRA Continuation Health Care Coverage

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

Washington, DC - The U.S. Department of Labor today announced final rules implementing the notice requirements under the Consolidated Omnibus Budget Reconciliation Act (COBRA) for employees, employers and plan administrators.

May 25, 2004

Labor Department Announces Final Rules on Notices For COBRA Continuation Health Care Coverage

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

Washington, DC - The U.S. Department of Labor today announced final rules implementing the notice requirements under the Consolidated Omnibus Budget Reconciliation Act (COBRA) for employees, employers and plan administrators.