January 14, 2004

Labor Department Sues South Carolina Firm, Executives For Delinquent 401(k) Contributions

Archived News Release — Caution: Information may be out of date.\

Atlanta, Georgia - The U.S. Department of Labor sued Dieter Bryce, Inc. of Gaston, South Carolina and its executives for failure to forward employee contributions to their retirement plan and misusing plan assets to pay the operating expenses of the firm.

January 8, 2004

Labor Department Obtains Judgment Removing Fiduciary Of Relco Locomotives 401(k) Plan

Archived News Release — Caution: Information may be out of date.

Chicago, Illinois - Under a consent judgment obtained by the U.S. Department of Labor, the owner and chief executive officer of Relco Locomotives, Inc., was removed as a fiduciary of the company’s 401(k) plan because he failed to forward employee contributions to the plan in a timely manner.

January 5, 2004

Newton Employer Restores Over $71,000 to 401(k) Plan - Independent Fiduciary Named to Manage Plan

Archived News Release — Caution: Information may be out of date.

December 31, 2003

Labor Department Published Final Class Exemption On Settlement of Litigation

Archived News Release — Caution: Information may be out of date.

December 29, 2003

Labor Department Releases 2003 Form 5500 Annual Report and Guidance on Filing Requirements

Archived News Release — Caution: Information may be out of date.

Washington, DC - The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA), the Internal Revenue Service (IRS) and the Pension Benefit Guaranty Corporation (PBGC) today announced the release of the 2003 Form 5500, tips to avoid common filing errors and frequently asked questions (FAQs) for small pension plans that use the audit exception.

December 23, 2003

Labor Department Sponsors Workshop on Complying With Federal Pension Law

Archived News Release — Caution: Information may be out of date.

San Francisco, California - The U.S. Department of Labor will hold a first-of-it’s-kind workshop to help employers and pension plan administrators better comply with federal pension law. The workshop will be held on January 15, 2004 at the Pasadena Convention Center.

December 22, 2003

Labor Department Sues Chicago Mobile Telephone Company and 401(k) Trustee For Delinquent Employee Contributions to Plan

Archived News Release — Caution: Information may be out of date.

Chicago, Illinois - The U.S. Department of Labor has sued Meade Communications, Inc., of Berkeley, Illinois, and the fiduciary of the company’s 401(k) plan for failure to remit employee contributions and loan repayments to the plan.

December 22, 2003

Labor Department Sues Officers of Texas Professional Employee Organization Over Delinquent Plan Contributions

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

Dallas, Texas - The U.S. Department of Labor sued several fiduciaries to the retirement plans and a health plan of client employers of Seirios Staff Services, Inc., a defunct professional employee organization (PEO) that operated out of Addison, Texas. The fiduciaries allegedly failed to forward employee and matching employer contributions to the retirement plans and to forward premiums to the health plan.

December 19, 2003

Labor Department Sues Executive of Defunct Illinois Corporation To Prevent Avoidance of Debts Owed to Welfare Plans

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

Chicago, Illinois -  The U.S. Department of Labor sued an executive of Omni Circuits, Inc., in Glenview, Illinois, to prevent him from avoiding debts he owes to the company’s welfare plans during his personal bankruptcy proceeding.

December 18, 2003

U.S. Labor Department Works with Southside Chicago
Employer to Pay 133 Workers over $1.3 Million in Unpaid Wages

WASHINGTON—Strandtek International Inc., a financially strapped Southside manufacturing plant on the brink of closing, will now remain open and has paid 133 workers $1.3 million in unpaid wages, thanks to negotiating efforts by the U.S. Department of Labor.

December 17, 2003

U.S. Department of Labor Settles Lawsuits: New
York City Garment Workers to Receive $410,000 in Back Wages

WASHINGTON—The U.S. Department of Labor announced today that it has filed a consent judgment and order with the U.S. District Court, Eastern District of New York, for $410,000 in back wages and damages as part of a settlement of lawsuits brought by the department against New York garment contractors and manufacturers.

December 17, 2003

Labor Department Sues Albuquerque Company and Its 401(k) Plan Officials To Recover Delinquent Contributions

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

Albuquerque, New Mexico - The U.S. Department of Labor sued Automated Solutions of Albuquerque, Inc., and the company’s two 401(k) plan trustees for allegedly failing to forward $9,111 in employee contributions to the plan.

December 17, 2003

Labor Department Settles With Houston Aircraft Manufacturer Over Misuse of Employee Pension Contributions

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

Houston, Texas - The U.S. Department of Labor obtained a consent order barring Aeropanel Corporation of Houston, Texas, and its president from violating the Employee Retirement Income Security Act (ERISA) in the future and requiring them to provide financial information to the government to resolve a lawsuit alleging they failed to forward employee contributions to the company’s 401(k) plan.

December 11, 2003

Department of Labor and Small Business
Administration Partner to Support People With Disabilities

WASHINGTON—Labor Secretary Elaine L. Chao and Small Business Administration Administrator Hector V. Barreto today signed a Strategic Alliance Memorandum (SAM) designed to help people with disabilities pursue small business ownership and to also increase their employment opportunities in small businesses.

December 8, 2003

Labor Department Proposes Rule to Streamline Registration by Investment Managers to Plans

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

WASHINGTON—The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) today proposed a rule that would require state-registered investment advisers seeking investment manager status under federal benefit law to register electronically through the Investment Adviser Registration Depository (IARD).

December 4, 2003

Labor Department Seeks Independent Fiduciary To Manage Abandoned 401(k) Plan

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

New York, New York - The U.S. Department of Labor has filed a lawsuit seeking an independent fiduciary to manage and distribute more than $300,000 in retirement assets for the benefit of participants of the Geophysical and Environmental Research Corporation’s (Geophysical) 401(k) plan in Millbrook, New York.

December 3, 2003

Labor Department Sues Owners of Houston Healthcare Facility For Misuse of Plan Assets

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

December 3, 2003

Labor Department Obtains Court Order Preventing Former Texas Executive from Avoiding Debt to Plan

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

December 2, 2003

Labor Secretary Chao Keynotes Seminar on
Emergency Preparedness for People with Disabilities in the Federal Government

WASHINGTON—Today U.S. Secretary of Labor Elaine L. Chao delivered the keynote address at the two-day Labor Department event entitled “Emergency Preparedness For People With Disabilities: An Interagency Seminar Of Exchange For Federal Managers.”

December 1, 2003

DOL Assistant Secretary Grizzard Addresses
Enhanced Transportation Services for People With Disabilities at "United We
Ride" News Conference

WASHINGTON—Noting “inadequate transportation can inhibit employment for all people, but is an even greater barrier to people with disabilities,” Dr. Roy Grizzard, Assistant Secretary of Labor for the Office of Disability Employment Policy (ODEP) said today, “Government at all levels is working to coordinate transportation policies and programs for those people with disabilities who need it the most.”