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2012 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Archived News Release — Caution: Information may be out of date.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

  • US Labor Department files suit against Rockville, Md., manufacturer to restore assets to company’s employee benefit plans • 12-2427-PHI [12/20/2012]
  • Solis v. Progressive Machine Co. Inc. 401(k) plan Suit alleges plan was abandoned by defunct New Jersey company • 12-130-PHI [12/20/2012] [Complaint]
  • Solis v. Surplus Asset Sales Co. Inc. • 12-131-PHI [12/19/2012] [Default Judgment]
  • Court orders fiduciaries to restore more than $69,000 in retirement funds, health care premiums for employees of JJD Industries in Schiller Park, Ill. • 12-2422-CHI [12/19/2012]
  • Secretary of Labor Hilda L. Solis announces new appointments, leadership for 2013 ERISA Advisory Council • 12-2455-NAT [12/17/2012]
  • US Labor Department sues Fairfax, Va.-based government contractor to restore worker contributions to 401(k) plan • 12-2393-PHI [12/14/2012]
  • US Department of Labor proposes rule to help retirees, workers of bankrupt companies get retirement money sooner • 12-1854-NAT [12/11/2012]
  • US Labor Department sues to recover losses to employee stock ownership plan of Rembar Inc. • 12-2384-NAT [12/07/2012]
  • US Labor Department recovers more than $140,000 for Wisconsin-based B & K Builders' employee benefit plans • 12-2319-CHI [12/05/2012]
  • US Labor Department releases advance copies of 2012 Form 5500 annual report [12/04/2012]
  • Department of Labor files suit to recover $12,000 for the First Profit Sharing Plan and Trust of Sunset Heating and Cooling in Walled Lake, Mich. • 12-28-CHI [12/03/2012] [Complaint]

November

  • US Labor Department sues to recover losses to employee stock ownership plan of Maran Inc. • 12-2341-NAT [11/29/2012]
  • Solis v. John J. Koresko, V, et al., involving consent judgment against Farmers & Merchants Trust Co. of Chambersburg • 12-123-PHI [11/28/2012] [Consent Judgment]
  • US Department of Labor issues compliance guidance for employee benefit plans in wake of Hurricane Sandy [11/20/2012]
  • Obama administration moves forward to implement health care law, ban discrimination against people with pre-existing conditions • 12-2311-NAT [11/20/2012]
  • US Labor Department recovers nearly $220 million for Madoff victims • 12-2100-NAT [11/13/2012]
  • Solis v. Smart Technology Inc., et. al. Default judgment against Annandale, Va., company to protect workers’ 401(k) assets • 12-119-PHI [11/05/2012] [Final Order]

October

  • Solis v. J.M. Singley & Associates Inc. Complaint filed against defunct Media, Pa., company to protect workers’ 401(k) assets • 12-117-PHI [10/31/2012] [Complaint]
  • US Department of Labor files complaint to restore funds to Grand Craft LLC 401(k) Plan in Grand Rapids, Mich. • 12-27-CHI [10/24/2012] [Complaint]
  • Judge appoints independent fiduciary to administer abandoned 401(k) profit sharing plan of Winer Industries Inc. in Paterson, N.J. • 12-111-PHI [10/18/2012] [Order and Judgment]
  • Judge orders fiduciary Ronald Bloomgren to restore more than $19,000 to the Earmold Design, Inc. 401(k) Savings Plan in Minneapolis, Minn. • 12-26-CHI [10/15/2012] [Judgment]
  • US Department of Labor files suit to terminate Nutrition Clinic 401(k) Plan in Rockford, Ill., and provide funds to participants • 12-25-CHI [10/15/2012] [Complaint]
  • Judge orders fiduciary to restore more than $6,300 to ECS Web Employees 401(k) Plan & Trust in Auburn Hills, Mich. • 12-24-CHI [10/15/2012] [Consent Judgment and Order]
  • US Department of Labor files complaint to restore loss to T.S. Randall Company, LLC Retirement Savings Plan in Columbus, Ohio’s IRA Plan • 12-23-CHI [10/11/2012] [Complaint]
  • ERISA Advisory Council to hold final 2012 meeting Oct. 30-31 • 12-2037-NAT [10/11/2012]
  • Judge appoints AMI Benefit Plan to administer LFAC Inc. Profit Sharing 401(k) Plan and distribute assets to qualified participants • 12-22-CHI [10/09/2012] [Consent Judgment and Order]
  • Judge order fiduciaries to restore funds to Accucast Technology 401(k) and Health Plan in Chesterton, Ind. • 12-21-CHI [10/03/2012] [Consent Order and Judgment]
  • US Labor Department sues to recover losses suffered by participants in employee stock ownership plan of Calif.-based Sierra Aluminum • 12-1969-SAN [10/02/2012]
  • 401(k) plan trustees sentenced to prison for embezzling more than $487,000 from Shelbyville, Ky., company • 12-1948-ATL [10/01/2012]

September

  • Employee Benefits Security Administration announces launch of 401(k) fee disclosure resource website • 12-1868-NAT [09/19/2012]
  • US Labor Department announces easy-to-use online filing tool for plan sponsors to report service providers that fail to comply with fee disclosure rule [09/17/2012]
  • ERISA Advisory Council to hold open meeting Sept. 25 • 12-1854-NAT [09/13/2012]
  • US Labor Department sues Plymouth Meeting, Pa., brokerage firm to give up more than a half-million dollars in illegal profits • 12-1788-PHI [09/06/2012]

August

  • Judge orders A.B.D. Tank & Pump Co. to restore $2.7 million to worker retirement plan following US Labor Department investigation • 12-1574-CHI [08/30/2012] [Default Judgment]
  • US Department of Labor files complaint to recover loss insurance benefit premiums for workers of Translogic Auto Carriers LLC in Bad Axe, Mich. • 12-20-CHI [08/23/2012] [Complaint]
  • USI Advisors of Glastonbury, Conn., agrees to pay $1.27 million to 13 defined benefit pension plans following US Labor Department investigation • 12-1753-BOS [08/23/2012]
  • US Department of Labor files complaint to restore losses to Spencer & Associates LLC Profit Sharing and 401(k) Plan in Springfield, Ohio • 12-19-CHI [08/21/2012] [Consent Judgment and Order]
  • US Department of Labor investigation results in funds being restored to Family Mobile Medical Retirement Plan in Merrillville, Ind. • 12-18-CHI [08/20/2012] [Consent Judgment and Order]
  • The Department of Labor has obtained a judgment in Solis v. Jack A. Helmick involving the Dynamis Group LLC formerly of Shelbyville, KY. [08/20/2012] [Consent Judgment and Order]
  • US Labor Department sues to restore more than $34 million to 2 worker pension funds of Michigan-based vehicle parts manufacturer • 12-1735-NAT [08/20/2012]
  • US Labor Department to host free retirement plan compliance assistance seminar for Charleston, SC, area small business owners Sept. 11 • 12-1492-ATL [08/13/2012]
  • Department of Labor files complaint against Dayton Imaging Solutions, Inc., to recover unremitted employee contributions to company’s IRA Plan • 12-17-CHI [08/03/2012] [Complaint]
  • US Department of Labor's ERISA Advisory Council to hold public meeting Aug. 28-30 • 12-1522-NAT [08/02/2012]

July

  • Solis v. Gary Merritt, Bemcore, Inc. and Bemcore, Inc. Incentive Plan in Dayton, Ohio • 12-16-CHI [07/31/2012] [Complaint]
  • US Department of Labor obtains judgment to restore funds to employee benefit plans of Trotter Construction Company Inc. in Indianapolis, Ind. • 12-15-CHI [07/25/2012] [Consent Order and Judgment]
  • US Department of Labor files suit to recover losses to employee stock ownership plan of SJP Group • 12-1476-NEW [07/24/2012]
  • US Labor Department to hold women’s retirement forum July 28 at University of Illinois-Chicago • 12-1428-CHI [07/19/2012]
  • US Labor Department improves procedures for plan sponsors seeking relief under new fee disclosure rules [07/18/2012]
  • US Labor Department action results in order to restore half a million dollars to worker retirement plans sponsored by Columbus, Ohio-based company • 12-1122-CHI [07/18/2012]
  • US Labor Department, Montana Office of the Commissioner of Securities and Insurance to offer health benefits law seminar July 25 and 26 in Billings, Mont. • 12-1426-EBSA [07/17/2012]
  • Northbrook, Ill., United Employee Benefit Fund trustees agree to correct improper plan loans totaling more than $1.7 million • 12-1360-CHI [07/12/2012] [Consent Order and Judgment]
  • National Rural Electric Cooperative Association agrees to restore $27.3 million to benefit plans, settling US Labor Department claims • 12-1355-PHI [07/05/2012]

June

  • Former CEO of defunct Southern California electrical contractor agrees to restore more than $570,000 in 401(k) funds to employees • 12-1179-SAN [06/18/2012]
  • US Department of Labor obtains preliminary injunction against Matthew D. Hutcheson and Hutcheson Walker Advisors LLC • 12-1248-NAT [06/14/2012]
  • US Labor Department suit results in court order requiring Chicago-area investment service provider to restore $1.2 million to worker retirement plans • 12-1114-CHI [06/12/2012] [Default Judgment]
  • US Labor Department, Missouri Department of Insurance to offer free health benefits law compliance seminar June 13-14 in St. Louis • 12-1178-EBSA [06/08/2012]
  • US Labor Department solicits nominations for 2013 ERISA Advisory Council • 12-1111-NAT [06/04/2012]

May

  • US Labor Department to host free retirement plan compliance assistance seminar for New York area small business owners June 13 • 12-1086-BOS [05/31/2012]
  • US Labor Department to host free retirement plan compliance assistance seminar for Boston area small business owners June 6 • 12-1085-BOS [05/30/2012]
  • US Labor Department suit frees more than $2 million in retirement assets for workers of defunct Weehawken, NJ, employer • 12-1007-NEW [05/24/2012]
  • US Department of Labor action restores nearly $1.3 million to employee pension plan • 12-930-SAN [05/14/2012]
  • US Labor Department issues guidance on retirement plan fee disclosure rules [05/07/2012]

April

  • US Department of Labor files suit to recover losses to employee stock ownership plan of Campbell, Calif.-based Parrot Cellular • 12-736-SAN [04/25/2012]
  • US Labor Department files complaint to recover more than $63,000 in retirement funds, health care premiums for employees of JJD Industries in Schiller Park, Ill. • 12-661-CHI [04/24/2012]
  • US Labor Department to hold April 28 retirement forum in Atlanta at Spelman College • 12-743-ATL [04/19/2012]
  • Memphis, Tenn.-based Morgan Keegan agrees to pay more than $630,000 to benefit plans after US Department of Labor finds pension rule violations • 12-578-ATL [04/16/2012]
  • US Labor Department to host April 18 webinar for college seniors, young workers • 12-676-NAT [04/12/2012]
  • Judge orders defunct California construction company to restore nearly $520,000 to employee retirement plan following US Labor Department lawsuit • 12-540-SAN [04/04/2012]

March

  • US Labor Department obtains court order to restore employee contributions to 401(k) plan of Stafford, Texas-based L.A. Utilities • 12-546-DAL [03/27/2012]
  • US Labor Department to host free webcasts on private sector retirement plans [03/19/2012]
  • US Labor Department obtains court-appointed independent fiduciary for 401(k) plan of defunct Moorestown, NJ, company • 12-478-PHI [03/19/2012]
  • US Labor Department seeks to recover more than $256,000 in retirement assets for workers at Heartland Foods in Indianapolis • 12-466-CHI [03/14/2012]
  • US Labor Department sues trustees of IATSE Local 829 retirement and benefit plans to undo prohibited transactions, account for misused funds • 12-405-NEW [03/14/2012]
  • US Department of Labor sues Silicon Plains Technologies of Urbandale, Iowa, to restore more than $38,000 to participants’ 401(k) plan • 12-417-ATL [03/13/2012]
  • Solis v. Rusty’s Truck Service, Inc. Profit Sharing Plan • BOS 2012-034 [03/07/2012] [Complaint]
  • US Labor Department extends comment period on proposed rules on filings required by multiple employer welfare arrangements [03/01/2012]

February

  • US Department of Labor's ERISA Advisory Council to hold public meeting March 13 • 12-377-NAT [02/27/2012]
  • Defunct West Chester, Pa., company and owner ordered to restore more than $661,000 in retirement plan assets following US Labor Department lawsuit • 12-319-PHI [02/23/2012]
  • US Labor Department concludes settlement restoring $32 million to Tribune Co. employee stock ownership plan • 12-362-NAT [02/23/2012]
  • US Labor Department hosts Spanish-language health benefits webinar Feb. 29 [02/23/2012]
  • Solis v. John Louis Roberts, et. al., involving consent judgment to restore employee contributions to 401(k) plan of Pittsburgh, Pa., company • EBSA-12-021 [02/23/2012] [Consent Judgment]
  • US Labor Department to host free webcast Feb. 23 for small businesses and their accountants on retirement savings options [02/16/2012]
  • Solis v. William H. Kiser and Mary Sue Kiser, United State District Court, Eastern District (Frankfort), KY, Solis v. William H. Kiser, U.S. Bankruptcy Court (Fort Myers), FL, Solis v. Mary Sue Kiser, U.S. Bankruptcy Court (Fort Myers), FL • 12-ATL-050 [02/13/2012] [Complaint]
  • US Department of Labor sues defunct Georgia software company to restore assets to company’s 401(k) retirement plan • 12-63-ATL [02/13/2012]
  • US Labor Department sues Bethesda, Md., company and owner to restore nearly $800,000 in 401(k) plan funds invested in fraud scheme • 12-114-PHI [02/09/2012]
  • US Labor Department sues Towson Rehabilitation Center in Maryland and owner to restore employees’ 401(k) contributions • 12-129-PHI [02/03/2012]
  • US Labor, Treasury Departments act to enhance retirement security for an America built to last • 11-1653-NAT [02/02/2012]
  • Solis v. Frederick Zurn, et. al., involving judgment for the recovery of $18,437 to Erie Copy Products Inc. 401(k) profit sharing plan, Erie, Pa. • EBSA 12-012 [02/01/2012]

January

  • US Labor Department obtains court-appointed independent fiduciary for 401(k) plan of defunct Westerly, RI, company • 11-87-BOS [01/24/2012]
  • US Labor Department recovers nearly $300,000 in retirement assets for employees of former Integra Engineering in Sterling Heights, Mich. • 12-37-CHI [01/23/2012]
  • Solis v. Jerry Craig, Sr. involving Spectrum Financial Group, Inc. 401(k) Profit Sharing Plan in Scottsdale, Ariz., alleging unremitted and delinquent employee contributions • 12-SAN-9 [01/23/2012] [Complaint]
  • US Department of Labor sues former CEO of Charlotte, NC, Web development company to restore more than $100,000 to 401(k) plan • 12-43-ATL [01/19/2012]
  • Employee Benefits Security Administration publishes 2011 Form M-1 for multiple employer welfare arrangements [01/12/2012]
  • Austin, Texas-based HBMG to restore workers' 401(k) contributions • 11-1803-DAL [01/12/2012]
  • US Labor Department recovers more than $114,000 for profit-sharing plan of defunct Mentor, Ohio, company • 12-32-CHI [01/11/2012]
  • Bethlehem, Pa., company agrees to restore more than $34,300 to employee 401(k) plan following US Labor Department lawsuit • 11-1591-PHI [01/09/2012]
  • US Labor Department recovers more than $51,000 in retirement assets for Integrity Builders Inc. 401(k) Safe Harbor Plan in Lincoln, Neb. • EBSA-CHI-12-2 [01/06/2012] [Consent Judgment]
  • Department of Labor files suit to recover funds for Kurt Ver Helst DC Employee Stock Ownership Plan in Ames, Iowa • EBSA-12-1-CHI [01/05/2012] [Complaint]