August 24, 2006

Labor Department Solicits Nominations for 2007 ERISA Advisory Council

Archived News Release — Caution: Information may be out of date.

Washington, DC - The U.S. Department of Labor is soliciting nominations to fill five three-year vacancies on the Advisory Council on Employee Welfare and Pension Benefit Plans, known as the ERISA Advisory Council. The deadline for receipt of nominations is October 1, 2006.

August 23, 2006

U.S. Labor Department Sues to Appoint Trustee for Abandoned San Jose 401(k) Plan

Archived News Release — Caution: Information may be out of date.

San Francisco, California - The U.S. Department of Labor has filed a lawsuit in federal district court in San Jose seeking the appointment of an independent trustee to manage the abandoned 401(k) plan of Silicon Valley Research, Inc., and distribute more than $900,000 in assets to 28 participants.

August 22, 2006

Labor Department Sues Officer of Macedonia, Ohio Business For Failing to Properly Administer 401(k) Plan

Archived News Release — Caution: Information may be out of date.

Macedonia, Ohio - The U.S. Department of Labor has sued the former president of now-defunct D.L. French Company Inc., Macedonia, Ohio, for failing to administer the company’s 401(k) profit sharing plan so that assets could be distributed to plan participants.

August 22, 2006

U.S. Labor Department Sues to Appoint Independent Fiduciary for Retirement Plan Abandoned by Johnson City, New York Company

Archived News Release — Caution: Information may be out of date.

Syracuse, New York - The U.S. Department of Labor has filed suit asking the U.S. District Court for the Northern District of New York to appoint an independent fiduciary to oversee the abandoned Azon Employees Retirement Plan.

August 22, 2006

Labor Department Obtains Judgment Providing for Distribution of 401(k) Assets to Employees of Defunct Alameda Firm

Archived News Release — Caution: Information may be out of date.

San Francisco, California - The U.S. Department of Labor has obtained a judgment appointing an independent fiduciary to distribute more than $149,500 in assets to 19 participants of the 401(k) plan of defunct Alameda, California-based RadixOne. The technology firm, formerly known as ReSolutions Group, closed in 2003.

August 21, 2006

U.S. Labor Department Sponsors Seminar in Charlotte, North Carolina On Complying With Federal Employee Benefits Law

Archived News Release — Caution: Information may be out of date.

Charlotte, North Carolina - The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) in Atlanta will hold a seminar to assist employers, pension plan administrators and other benefit professionals comply with federal employee benefits law. The Charlotte, North Carolina seminar will be held August 22, 2006, at the Embassy Suites, 4800 South Tryon Street.

August 18, 2006

Payday Loan Company Pays More Than $500,000 in Back Wages
to 900 Workers

KANSAS CITY, Mo. — The U.S. Department of Labor announced today that Q.C. Financial Inc., a payday loan establishment that operates under the name of Quick Cash, has paid $519,088 in back wages to 900 employees to correct violations of the overtime provisions of the Fair Labor Standards Act (FLSA). The corporation is headquartered in Overland Park, Kan., and has numerous locations throughout the U.S.

August 16, 2006

U.S. Labor Department Sues Orlando, Florida, Corporation To Restore Losses to 401(k) Plan

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

Atlanta, Georgia - The U.S. Department of Labor has sued Orlando-based IMDC Inc. and Gregory C. Mundy, fiduciary of the company’s 401(k) profit sharing plan, to recover lost benefits for plan participants.

August 16, 2006

U.S. Department of Labor Sues to Protect Employees’ 401(k) Funds

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

San Francisco, California - The U.S. Department of Labor has sued three former officials of a Livermore, California business for failing to properly forward employee contributions to the company’s 401(k) plan. The plan covered approximately 95 participants when the telecommunications and networking company ceased operations in October 2004 at the Livermore and Pleasanton locations.

August 16, 2006

U.S. Department of Labor Obtains Order Removing Washington, DC Union Executive as Trustee of Pension and Health Plans

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

Washington, DC - A federal court in Washington, DC has removed the National Association of Special Police and Security Officers (NASPSO), and its executive director, Caleb A. Gray-Burriss, as fiduciaries of the pension and health plans of NASPSO, according to a temporary restraining order obtained by the U.S. Department of Labor.

August 14, 2006

U.S. Labor Departments Wage and Hour District Office
Returns to New Orleans

Office Relocates to F. Edward Hebert Building

NEW ORLEANS — The U.S. Department of Labor announced today that the Wage and Hour Division's New Orleans district office has returned to the city. In the aftermath of Hurricane Katrina, Wage and Hour staff conducted investigations and compliance assistance activities from a temporary office in Metairie, La.

August 9, 2006

U.S. Labor Department Settlement Restores Funds To Livonia, Mich. Workers' 401(k) Plan

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

LIVONIA, Mich. - The U.S. Department of Labor has obtained a settlement restoring $46,925 to the Crudo Brothers Company Inc. 401(k) plan and permanently barring plan fiduciary Fernanda Crudo from serving in a fiduciary capacity or as a service provider to any employee benefit plans governed by the Employee Retirement Income Security Act (ERISA).

August 2, 2006

Labor Department Acts to Return $40,000 in 401(k) Assets To Former Employees of Bankrupt Oakland Company

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

San Francisco, California - An independent trustee will begin distributing the remaining funds from a now-defunct Oakland company’s “orphaned” 401(k) employee benefit plan under a default judgment against the AM-PM Service Company.

August 1, 2006

BMW Agrees to Pay $629,000 in Back Wages for 1,224 Workers at South Carolina Assembly Plant

SPARTANBURG, S.C. — The U.S. Department of Labor today announced a complaint and consent judgment with BMW which calls for payment of $629,869 in overtime back wages to 1,224 workers in Spartanburg, S.C. The suit was based on an investigation by the department's Wage and Hour Division into violations of the Fair Labor Standards Act (FLSA).

July 28, 2006

Roswell, Georgia, Company and CEO Ordered to Restore More Than $27,000 to 401(k) Plan

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

Atlanta, Georgia - The U.S. Department of Labor has obtained a consent judgment ordering Commetrex Corp., Roswell, Georgia, and CEO Michael Coffee to restore $27,452 to the company’s 401(k) plan.

July 26, 2006

U.S. Secretary of Labor Elaine L. Chao
Commemorates 16th Anniversary of the Americans with Disabilities Act

WASHINGTON - U.S. Secretary of Labor Elaine L. Chao today applauded the success of the Americans with Disabilities Act (ADA) in helping tear down barriers to equality for disabled Americans.

July 26, 2006

ERISA Advisory Council Sets August 2006 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 meet August 9-11, in Room N-4437 A-C at the U.S. Department of Labor (DOL), 200 Constitution Avenue, Washington, DC.

July 24, 2006

Labor Department Secures Agreement for Reimbursement of More Than $33,000 for 401(k) and Profit Sharing Plan Participants at Defunct Bucks County Business

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

Philadelphia, Pennsylvania - Douglas Daly, former owner and president of Integrated Metal Fabrications, Inc. (IMF), has agreed to restore $33,269 in lost assets and interest to the company’s 401(k) and Profit Sharing Plan. The Bucks County, Pennsylvania company ceased operations in August 2005.

July 21, 2006

U.S. Department of Labor Supports USTR Decision on Section 301 Petition Regarding China

WASHINGTON — The U.S. Department of Labor (DOL) today expressed support for the decision by the United States Trade Representative not to accept a petition filed under Section 301 of the Trade Act of 1974 regarding workers' rights in the People's Republic of China. Deputy Secretary Steven J. Law noted significant cooperation between the U.S. and the People's Republic of China on a number of worker protection issues over the last few years, and pledged to continue to work together to build on the progress that has been made.

July 20, 2006

Labor Department Announces Final Rule on Electronic Filing and Proposes Improvements to Form 5500 Annual Reports

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

Washington, DC - Today the U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) announced a final regulation requiring plans to file Form 5500 annual reports electronically, beginning with 2008 plan year filings due in 2009. Simultaneously, EBSA, along with the Internal Revenue Service and the Pension Benefit Guaranty Corporation, proposed changes to the forms that will be processed under the new electronic system.