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2007 Newsroom Archive

Archived News Release — Caution: Information may be out of date.

The information in these news releases will be made available in alternate format upon request (large print, Braille, audio tape or disc). Please specify which news release when placing your request. Call 202-693-7828 (TTY 202-693-7755).

December

  • U.S. Labor Department announces FY 2007 enforcement results for the Employee Benefits Security Administration - Monetary results at $1.5 billion with 115 criminal indictments [12/28/2007]
  • Union benefit officials in New York City sentenced over theft of health plan assets [12/21/2007]
  • Long Island employer agrees to personally restore almost $19,000 to employee health benefits plan group to resolve U.S. Labor Department lawsuit [12/20/2007]
  • U.S. Department of Labor offers free health law seminar January 16-17 in Oklahoma City [12/20/2007]
  • U.S. Department of Labor obtains court order restoring assets to Birmingham, Alabama automobile parts and services supplier's 401(k) plan [12/19/2007]
  • U.S. Labor Department seeks court approval to distribute 401(k) assets of A&S Tri-County Plumbing Inc. in New Carlisle, Ohio [12/19/2007]
  • U.S. Labor Department proposes civil penalty rules under the Pension Protection Act [12/18/2007]
  • Willow Grove, Pennsylvania company ordered to restore more than $150,000 to 401(k) plan, resolving U.S. Labor Department lawsuit [12/14/2007]
  • U.S. Labor Department reaches agreement restoring funds to Mentor, Ohio-based 401(k) plan [12/12/2007]
  • U.S. Labor Department proposes regulations to increase disclosure of fees and conflict of interests affecting 401(k) and other employee benefit plans [12/12/2007]
  • Labor Department makes archive of December 6 webcast presentation available online [12/11/2007]
  • U.S. Labor Department publishes 2007 Form M-1 for multiple employer welfare arrangements - Filers may complete, submit form online [12/11/2007]
  • U.S. Department of Labor obtains court order restoring assets to Huntersville, North Carolina-based trucking company's profit-sharing plan [12/10/2007]
  • Employee Benefits Security Administration provides guidance on HIPAA portability rules relating to supplemental coverage [12/07/2007]
  • U.S. Labor Department obtains judgment leading to disbursement of 401(k) plan assets to workers in Auburn Hills, Michigan [12/06/2007]
  • U.S. Department of Labor secures $20,000 for participants of Delmont, Pennsylvania 401(k) plan [12/04/2007]
  • North Branford, Connecticut employer agrees to restore $30,000 to employee pension plan, settling U.S. Labor Department lawsuit [12/04/2007]

November

  • Labor Department court order bars West Virginia investment advisor from providing service to employee benefit plans [11/29/2007]
  • U.S. Labor Department settlement resolves lawsuit over payment for administrative services by New Jersey union health plan [11/27/2007]
  • U.S. Labor Department sues to appoint independent fiduciary for 401(k) plan abandoned by Brooklyn, New York medical practice [11/27/2007]
  • U.S. Department of Labor to host December 6 webcast on Pension Protection Act and related guidance [11/26/2007]
  • U.S. Labor Department proposes expansion of the class exemption on settlement of litigation [11/20/2007]
  • U.S. Department of Labor sues defunct Telford, Pennsylvania company to protect participants of 401(k) plan [11/19/2007]
  • U.S. Labor Department obtains $20 million settlement with Union Labor Life over retirement plan fees [11/16/2007]
  • U.S. Labor Department announces changes for 2009 Form 5500 annual return/report of employee benefit plan [11/16/2007]
  • U.S. Labor Department sponsors free workshop to help plan professionals in New York comply with federal employee benefits law [11/14/2007]
  • U.S. Labor Department obtains appointment of independent fiduciary for abandoned 401(k) plan of New York City company [11/14/2007]
  • U.S. Labor Department sues Minnesota business to distribute 401(k) retirement benefits to employees [11/05/2007]

October

  • U.S. Labor Department extends annual reports deadline after wildfires hit California [10/31/2007]
  • U.S. Labor Department testifies before House Ways and Means Committee on 401(k) fee disclosure [10/30/2007]
  • U.S. Labor Department obtains restitution for pension plans of defunct Tennessee company [10/29/2007]
  • U.S. Labor Department testifies before Senate Special Committee on Aging on 401(k) fee disclosure [10/24/2007]
  • U.S. Department of Labor announces final rule on default investment alternatives for participant-directed plans - Regulation to boost workers' retirement savings [10/23/2007]
  • U.S. Department of Labor sues defunct Edgewood, Maryland company to protect pension plan participants [10/22/2007]
  • U.S. Department of Labor's ERISA Advisory Council to hold November 2007 meetings [10/19/2007]
  • U.S. Labor Department obtains appointment of independent fiduciary for abandoned 401(k) plan of Nashua, New Hampshire company [10/18/2007]
  • U.S. Labor Department sues to compel trustees to manage abandoned Warren, Rhode Island 401(k) plan [10/17/2007]
  • Connecticut employee benefit plan administrator and officers agree to distribute more than $337,000 to health plan clients to resolve U.S. Labor Department lawsuit - Company also to pay civil penalty of nearly $34,000 [10/16/2007]
  • U.S. Labor Department action clears way to distribute $60,000 in 401(k) assets to former employees of defunct Fremont, California hi-tech company [10/12/2007]
  • U.S. Labor Department sues former officer of Detroit business to restore funds to pension and profit-sharing plans [10/12/2007]
  • Employee Benefits Security Administration provides additional guidance on timing for individual benefit statements [10/12/2007]
  • U.S. Labor Department obtains court order restoring assets to former Portland, Oregon retirement plan [10/11/2007]
  • U.S. Labor Department offers online calculator to help employers and benefit plan administrators compute penalties, file overdue reports [10/10/2007]
  • U.S. Labor Department sues officer of Chicago healthcare group for failing to properly administer 401(k) plan [10/10/2007]
  • U. S. Labor Department releases advance copies of 2007 Form 5500 Annual Report [10/10/2007]
  • U.S. Labor Department obtains settlement to distribute 401(k) funds to former employees of Kropf Orchards and Appletree Farms [10/09/2007]
  • U.S. Labor Department launches interactive web tool to help employers comply with retirement laws [10/09/2007]
  • U.S. Department of Labor to offer free health law seminar November 7 and 8 in Minneapolis [10/09/2007]
  • U.S. Labor Department testifies before House Education and Labor Committee on 401(k) fee disclosure [10/04/2007]
  • U.S. Labor Department obtains consent judgment requiring former trustees to pay more than $25,000 into Nashville, Tennessee-based union trust fund [10/02/2007]
  • U.S. Labor Department obtains consent judgment restoring more than $100,000 to Orlando, Florida-based ZHA Inc. 401(k) plan [10/01/2007]
  • U.S. Department of Labor sues to distribute 401(k) account assets of now defunct Troy, Michigan business [10/01/2007]

September

  • U.S. Labor Department Sues Officers of Chicago Business to Restore Delinquent Contributions to Company's Retirement Savings Plan [09/27/2007]
  • U.S. Department of Labor's ERISA advisory council working groups to hold teleconferences October 16 [09/27/2007]
  • U.S. Department of Labor sues to distribute 401(k) assets to workers of bankrupt Iowa business [09/27/2007]
  • U.S. Labor Department to sponsor free workshops, seminars in Portland, Oregon on federal pension and health laws [09/26/2007]
  • U.S. Labor Department sponsors free compliance assistance seminar for retirement plan fiduciaries in Nashville, Tennessee [09/25/2007]
  • U.S. Department of Labor's Employee Benefits Security Administration to host free workshop in Kansas City for small and medium employers [09/21/2007]
  • U.S. Labor Department reaches agreement restoring funds to Wixom, Michigan based 401(k) plan [09/19/2007]
  • U.S. Labor Department sponsors free compliance assistance seminar for retirement plan fiduciaries in Portland, Maine [09/13/2007]
  • U.S. Labor Department proposes new disclosure rules for multiemployer pension plans [09/13/2007]
  • U.S. Labor Department obtains judgments involving Southfield, Michigan business 401(k) and pension plan funds - More than $1 million in benefits to be disbursed to participants [09/11/2007]
  • U.S. Department of Labor announces rules on selecting annuity providers for benefit distributions from pension plans [09/11/2007]
  • U.S. Department of Labor sponsors free workshop in Aurora, Colorado for licensed brokers, agents, ERISA consultants and third-party administrators - Multiple Employer Welfare Arrangements to be covered [09/07/2007]
  • U.S. Labor Department wins summary judgment against Framingham, Massachusetts, employer, requiring him to restore funds to company 401(k) plan [09/06/2007]
  • Executive of Tennessee company sentenced after pleading guilty to theft of 401(k) assets in case investigated by U.S. Labor Department [09/06/2007]
  • U.S. Labor Department obtains appointment of independent fiduciary for abandoned 401(k) plan of New York City company [09/05/2007]

August

  • U.S. Department of Labor's ERISA Advisory Council sets September 2007 meetings [08/28/2007]
  • U.S. Department of Labor obtains consent order to restore more than $35,000 to 401(k) plan of Burlington, New Jersey company [08/27/2007]
  • U.S. Labor Department judgment orders attorney and fiduciaries of Standard Automotive 401(k) plan to restore $340,000 to New Jersey plan [08/27/2007]
  • U.S. Labor Department obtains judgment restoring more than $600,000 to profit-sharing plan of Orlando, Florida manufacturer [08/27/2007]
  • U.S. Labor Department obtains court order restoring assets to Charlotte, North Carolina based Federal Textile Engravers profit-sharing plan [08/24/2007]
  • U.S. Labor Department obtains settlement appointing independent fiduciary to manage pension plan of Cleveland-based Polytech Inc. - Suit involving mismanagement of employee 401(k) funds resolved [08/23/2007]
  • U.S. Labor Department sues officer of Mequon, Wisconsin, travel service to recover contributions to company 401(k) plan [08/21/2007]
  • Consent order restores $3.5 million, appoints independent fiduciaries and replaces most trustees to Plumbers Local 38 employee benefit plans - Order resolves U.S. Labor Department lawsuit filed to protect union workers [08/17/2007]
  • U.S. Labor Department resolves unpaid health claims of participants covered by Mississippi State Medical Association plan [08/16/2007]
  • U.S. Labor Department action clears way to distribute $900,000 in 401(k) assets to former employees of South Bay company [08/15/2007]
  • U.S. Labor Department sues Salem, Massachusetts construction company and master pension plan sponsor in Texas, alleging violations of federal pension law [08/15/2007]
  • Charlotte, North Carolina, Norcom Development restores more than $85,000 to profit-sharing plan following U.S. Labor Department investigation [08/14/2007]
  • U.S. Labor Department actions recover more than $90,000 from Cleveland business executive for retirement savings plan contributions [08/10/2007]
  • U.S. Labor Department publishes civil penalty rules under Pension Protection Act [08/09/2007]
  • U.S. Labor offers free COBRA/HIPAA employer compliance workshop in Miami [08/09/2007]
  • U.S. Labor Department sues officers of Port Huron, Michigan, business to recover contributions to company 401(k) plan [08/06/2007]
  • U.S. Labor Department sues to appoint independent fiduciary for 401(k) plan abandoned by Morrow, Georgia automotive repair company [08/03/2007]

July

  • U.S. Labor Department obtains appointment of independent fiduciary for abandoned Mineola, New York, 401(k) plan [07/26/2007]
  • U.S. Labor Department sues president of MED-XS Solutions Inc. to recover delinquent contributions to company 401(k) plan [07/26/2007]
  • U.S. Labor Department solicits nominations for 2008 ERISA Advisory Council [07/26/2007]
  • Employee Benefits Security Administration releases field assistance bulletin on tax sheltered annuity programs [07/24/2007]
  • U.S. Labor Department obtains judgment restoring $300,000 to Buffalo pension plans [07/19/2007]
  • U.S. Labor Department action restores funds to San Luis Obispo 401(k) fund - Local business owners agree to repay funds owed to 16 plan participants [07/19/2007]
  • U.S. Labor Department sues to recover assets for former Birmingham, Alabama, company's 401(k) plan [07/16/2007]
  • U.S. Labor Department obtains judgment to recover nearly $1.2 million for Miami-based employee retirement plan [07/10/2007]
  • U.S. Labor Department secures 401(k) plan assets for former Rycor Fabrication employees in Dayton, Ohio [07/09/2007]
  • U.S. Department of Labor sues owner of north suburban Chicago business for failing to forward health care payments to insurer [07/06/2007]
  • Labor Department settlement resolves lawsuit over mismanagement of South Carolina employee stock ownership plans [07/05/2007]
  • U.S. Labor Department sues trustee of Parma, Ohio hair salon's 401(k) plan to recover missing assets [07/05/2007]
  • U.S. Labor Department obtains court order requiring Chatsworth, Georgia, trucking company to pay unpaid health claims [07/03/2007]

June

  • U.S. Department of Labor sues defunct Sparks, Maryland, company to protect health plan participants [06/29/2007]
  • U.S. Labor Department sues president of TSS Fabricating for mismanagement of $70,000 contributed to employee IRA plan [06/28/2007]
  • Tennessee woman indicted for forgery and theft from union pension plan following U.S. Labor Department investigation [06/28/2007]
  • U.S. Labor Department obtains judgment to restore assets to Sandusky, Ohio-based pension plan [06/28/2007]
  • U.S. Labor Department sponsors free workshop in Honolulu on complying with federal pension law [06/27/2007]
  • U.S. Department of Labor offers free health law seminar June 29 in Dallas [06/25/2007]
  • ERISA Advisory Council sets July 2007 meetings [06/19/2007]
  • U.S. Labor Department to hold hearing on computer model advice programs for individual retirement accounts and similar type plans [06/19/2007]
  • U.S. Department of Labor offers free health law seminar August 28 and 29 in Casper, Wyoming [06/14/2007]
  • U.S. Labor Department obtains judgment seeking restoration of more than $50,000 for participants of Phoenix 401(k) plan [06/13/2007]
  • U.S. Labor Department sues to appoint independent fiduciary for 401(k) plan abandoned by New York City company [06/13/2007]
  • U.S. Labor Department Sues to Appoint Independent Fiduciary For 401(k) Plan Abandoned by Batavia, New York Company [06/12/2007]
  • U.S. Labor Department Sues to Appoint Independent Fiduciary For 401(k) Plan Abandoned by New York City Company [06/11/2007]
  • U.S. Department of Labor offers free health law seminar June 26 and 27 in Indianapolis [06/07/2007]
  • U.S. Labor Department lawsuit compels New Britain, Connecticut, company repayment of $2.1 million to retirement plan [06/05/2007]
  • U.S. Labor Department secures pension funds for former Intrenet Inc. workers in Milford, Ohio [06/04/2007]
  • U.S. Labor Department sues North Carolina company to restore delinquent contributions to SIMPLE IRA plan [06/01/2007]
  • U.S. Labor Department settles lawsuit with Tampa, Florida-based MACH Americas regarding abandoned 401(k) plan [06/01/2007]

May

  • U.S. Labor Department obtains independent fiduciary to oversee Texas health benefit plan - Claims of individuals in Arizona, Georgia, Illinois, Texas, other states to be paid [05/31/2007]
  • U.S. Department of Labor's Employee Benefits Security Administration to host free workshops for small business employers - Retirement plan options, veterans training and reemployment rights to be covered [05/29/2007]
  • U.S. Labor Department obtains default judgment against Michigan Pumping Service fiduciary for failing to properly administer savings plan [05/24/2007]
  • U.S. Labor Department sues to appoint independent fiduciary for 401(k) plan abandoned by Denver-area employer [05/22/2007]
  • U.S. Labor Department extends annual reports deadline after severe storms and flooding hit Kansas [05/21/2007]
  • U.S. Labor Department sues to protect employee retirement assets of Southern California workers [05/17/2007]
  • U.S. Department of Labor obtains consent order for restoration of more than $26,000 to 401(k) plan of defunct East Bay company [05/15/2007]
  • U.S. Labor Department sponsors free workshop in Pasadena, California, on complying with federal pension law [05/01/2007]
  • U.S. Labor Department obtains consent judgment restoring assets to Pennsylvania 401(k) profit-sharing plan [05/01/2007]

April

  • U.S. Labor Department sues to protect 401(k) funds of Oxnard, California, aquarium supply company [04/30/2007]
  • U.S. Labor Department recovers nearly $63,000 for participants of Washington, D.C., pension and profit-sharing plans [04/27/2007]
  • U.S. Labor Department sues officers of Jackson, Mich., business to restore delinquent contributions to company's SIMPLE IRA plan [04/25/2007]
  • U.S. Secretary of Labor Elaine L. Chao appoints new members and leaders to 2007 ERISA Advisory Council [04/25/2007]
  • ERISA Advisory Council to hold first meeting of 2007 - Meeting is open to the public and press [04/25/2007]
  • U.S. Labor Department sues officers of Sheboygan, Wis., business to restore delinquent contributions to company's profit-sharing plan [04/24/2007]
  • U.S. Labor Department seeks comments on fee disclosure for 401(k)-type plans [04/24/2007]
  • U.S. Labor Department obtains federal court order appointing independent fiduciary for abandoned 401(k) plan of Bronx, N.Y., employer [04/17/2007]
  • U.S. Labor Department sues Dayton, Ohio, business and former vice president for failing to properly administer 401(k) plan [04/12/2007]
  • U.S. Department of Labor to offer free health law seminar On May 1 and 2 in Boise, Idaho [04/11/2007]
  • U.S. Labor Department secures independent fiduciary for abandoned Baltimore retirement savings plan [04/04/2007]
  • Labor Department Obtains $5 Million Court Order to Restore Tennessee Company's Pension Funds [04/03/2007]
  • U.S. Labor Department recovers more than $2 million to pay New Jersey benefit plan health claims [04/02/2007]
  • U.S. Labor Department obtains settlement with Lansing, Michigan, business officers to restore 401(k) assets [04/02/2007]
  • U.S. Labor Department obtains court order requiring Harris N.A. to pay $274,600 for unpaid health claims [04/02/2007]

March

  • U.S. Labor Department sues Waitsfield, Vermont, executive to recover delinquent employee contributions for SIMPLE IRA [03/28/2007]
  • U.S. Labor Department sues trustee of Southfield, Michigan, 401(k) and pension plans for mismanagement - More than $1 million at stake [03/28/2007]
  • U.S. Labor Department sues officers of Powell, Ohio, business for improper administration of 401(k) plan [03/27/2007]
  • U.S. Labor Department obtains appointment of independent trustee for abandoned 401(k) plan [03/27/2007]
  • U.S. Labor Department seeks independent fiduciary to manage Denver 401(k) plan, recovery of employee contributions [03/27/2007]
  • U.S. Labor Department obtains consent order shutting down 'sham' health care fund based in California [03/26/2007]
  • U.S. Labor Department sues Georgia health provider and affiliates over mismanagement of plan assets [03/22/2007]
  • U.S. Labor Department obtains consent judgment restoring more than $102,000 to Maitland, Florida, 401(k) plan [03/19/2007]
  • U.S. Department of Labor Official Testifies Before House Subcommittee on Administration's FY 2008 Budget Request for Employee Benefits Security [03/20/2007]
  • U.S. Labor Department settles with plan officials over mismanagement of Jefferson, Georgia, company employee benefits plan [03/15/2007]
  • U.S. Labor Department lawsuits seek appointment of independent fiduciary for abandoned Dayton, Tennessee, profit-sharing plans [03/14/2007]
  • U.S. Labor Department Sues Cleveland Business Executive to Restore Delinquent Contributions to Company's Retirement Savings Plan [03/09/2007]
  • U.S. Labor Department Sues Former Officer of Wixom, Michigan, Business to Restore Delinquent Contributions to 401(k) Plan [03/09/2007]
  • U.S. Labor Department sues Charlotte, North Carolina, corporation and president to recover more than $69,000 in 401(k) plan assets [03/09/2007]
  • U.S. Department of Labor Announces New Rules on Pension Distributions Under Qualified Domestic Relations Orders [03/06/2007]

February

  • U.S. Labor Department's EBSA Extends Parity Rule Covering Mental Health Benefits [02/26/2007]
  • Dumfries, Virginia Company Ordered to Restore more than $32,000 to 401(k) Profit Sharing Plan after U.S. Labor Department Investigation [02/15/2007]
  • U.S. Labor Department Announces New Rule for Distributions to Missing Non-spouse Beneficiaries [02/14/2007]
  • U.S. Labor Department Obtains Court Order Appointing Independent Fiduciary to Manage Pension Plan of Defunct Florida Firm [02/12/2007]
  • U.S. Labor Department Obtains Court Order Appointing Independent Fiduciary to Manage Mississippi Company's Retirement Plan [02/12/2007]
  • U.S. Labor Department Obtains Consent Judgment with Duluth, Minnesota Business Officer Regarding Employee Stock Ownership Plan [02/12/2007]
  • U.S. Labor Department Announces New Rule Implementing Pension Protection Act Cross-Trading Exemption [02/09/2007]
  • U.S. Labor Department Settles With Accounting Firm Over Deficient Audit of Benefits Plan [02/08/2007]
  • U.S. Department of Labor Offers Free Health Law Compliance Seminar March 7-8 in Columbus, Ohio [02/08/2007]
  • U.S. Labor Department Sues Miami Company and President to Recover $1.5 Million in Retirement Plan Assets [02/07/2007]
  • U.S. Labor Department Sues to Protect 401(k) Funds of Bay Area Workers [02/06/2007]
  • U.S. Labor Department Sues to Appoint Independent Fiduciary For Retirement Plan Abandoned by Bronx, New York Employer [02/06/2007]
  • Employee Benefits Security Administration Releases Field Assistance Bulletin on Investment Advice [02/02/2007]

January

  • U.S. Labor Department Sues East Walpole, Massachusetts, Company and President to Recover Employer Contributions to Retirement Plan [01/29/2007]
  • U.S. Labor Department Sues New Britain, Connecticut Company and its President to Recover Misused Assets of Employee Benefit Plan [01/25/2007]
  • Trustee to Restore Nearly $77,200 to Bay Area Pension Plan following Investigation by U.S. Department of Labor [01/25/2007]
  • U.S. Labor Department Sues to Restore Assets Owed to SIMPLE IRA Plan of Former Newberry, South Carolina, Company [01/25/2007]
  • Corona Web Design Firm Agrees To Repay Employees' 401(K) Funds [01/22/2007]
  • U.S. Labor Department Sues Ohio Doctor to Restore Funds to Employee's Retirement Plan [01/17/2007]
  • U.S. Labor Department Obtains Appointment of Independent Fiduciary To Manage Illinois Company's 401(k) Plan [01/11/2007]
  • U.S. Labor Department Sues Pennsylvania Company Over Pension Plan Violations [01/10/2007]
  • U.S. Labor Department Obtains Court Order Restoring Assets to Former Lexington, Kentucky, Company's SIMPLE IRA Plan [01/09/2007]
  • U.S. Department of Labor Sues Washington Company and President to Restore Employee Contributions to Retirement Plan [01/08/2007]
  • U.S. Labor Department Sponsors Free Compliance Assistance Seminar for Retirement Plan Fiduciaries in New Jersey [01/08/2007]

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