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September 6, 2008    DOL > EBSA > Laws & Regulations > 2000 Individual Exemptions

2000 Individual Exemptions (page 2)

Purchase by Plan of Partnership Interests

Grant; PTE 2000-37

D-10624

G: 65 FR 49018 (08/10/00)

P: 65 FR 33360 (05/23/00)

The Banc Funds Company, LLC (TBFC)

See summary for TBFC under Performance Compensation.

Purchase by Plan of Personal Property

Grant; PTE 2000-44

L-10872

G: 65 FR 51044 (08/22/00)

P: 65 FR 39940 (06/26/00)

United Food and Commercial Workers Union Local 789 and St. Paul Food Employers Health Care Plan

Permits the purchase of prescription drugs, at discount prices, by Plan participants and beneficiaries from Rainbow Pharmacies and Rainbow Food Group, Inc., parties in interest with respect to the Plan.

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Purchase by Plan of Real Property

Grant; PTE 2000-21

D-10777

G: 65 FR 33376 (05/23/00)

P: 65 FR 15367 (03/22/00)

Texas Iron Workers and Employers Apprenticeship Training and Journeyman Pension Fund

Permits the purchase of a classroom/office building and a shop building and an adjacent lot by the Plan from Local Union No. 66 of the International Association of Bridge, Structural, Ornamental and Reinforcing Iron Workers, the Plans sponsoring union, for $63,000 in cash.

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Put Option

Grant; PTE 2000-42

D-10539 & D-10540

G: 65 FR 51043 (08/22/00)

P: 65 FR 39432 (06/26/00)

Pension Plan for Employees of Southco, Inc. and Southco, Inc. Employee Stock Ownership Plan

See summary for the Southco Pension Plan and the Southco ESOP under Purchase by Plan of Employer Securities.

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QPAM

Grant; PTE 2000-70

D-10910

G: 65 FR 80466 (12/21/00)

P: 65 FR 60466 (10/11/00)

HSBC Holdings plc (HSBC)

Permits HSBC and affiliates of HSBC that now or in the future become eligible to serve as a qualified professional asset manager to function as a QPAM for a period of ten years, notwithstanding the fact that one of HSBC's affiliates cannot satisfy Section I(g) of PTE 84-14 because it plead guilty to four criminal offenses.

Grant; PTE 2000-49

D-10879

G: 65 FR 60454 (10/11/00)

P: 65 FR 39435 (06/26/00)

O: 65 FR 62755 (10/19/00) (Tech. Corr.)

Actuarial Scientists Associates, Inc. (ASA) and ASA Fiduciary Counselors Inc. (ASA Counselors)

Temporarily permits certain transactions between a party in interest with respect to the Plumbers and Pipe Fitters National Pension Fund (the Fund) and an account (the Account) that holds certain assets of the Fund managed by ASA or ASA Counselors, while serving as the independent named fiduciary (the Named Fiduciary) in connection with PTE 99-46 (64 FR 61944, November 15, 1999). Also permits, effective November 8, 1999, the furnishing of services, facilities, and any goods incidental thereto by a place of public accommodation owned by the Account managed by the Named Fiduciary.

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Receipt of Fees

Grant; PTE 2000-66

D-10706

G: 65 FR 80461 (12/21/00)

P: 64 FR 57129 (10/22/99)

O: 66 FR 15896 (03/21/01) (Tech. Corr.)

Allfirst Bank (Allfirst)

Permits, effective November 13, 1998, the receipt of fees by Allfirst from the ARK Funds, open-end investment companies registered under the Investment Company Act of 1940 (the 1940 Act), for acting as an investment adviser for such Funds, as well as for providing other services to the ARK Funds which are Secondary Services,Eas defined in Section III(i), in connection with the investment by plans for which Allfirst serves as a fiduciary in shares of the ARK Funds.

Grant; PTE 2000-46

D-10590

G: 65 FR 56337 (09/18/00)

P: 65 FR 42248 (07/07/00)

Bank of Oklahoma (the Bank)

See summary for the Bank under Asset Allocation Services.

Grant; PTE 2000-39

D-10720

G: 65 FR 49024 (08/10/00)

P: 65 FR 15360 (03/22/00)

Standard & Poors (S&P) and Standard and Poors Investment Advisory Services LLC (SPIAS)

See summary for S&P and SPIAS under Asset Allocation Services.

Grant; PTE 2000-12

D-10819

G: 65 FR 13331 (03/13/00)

P: 64 FR 70742 (12/17/99)

First American Capital Management, Inc. (FACM)

See summary for FACM under Cross-Trading.

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Reinsurance

Grant; PTE 2000-48

D-10802

G: 65 FR 60452 (10/11/00)

P: 65 FR 50237 (08/17/00)

Columbia Energy Group (Columbia)

Permits the reinsurance of risks and the receipt of premiums therefrom by Columbia Insurance Corporation, Ltd., a subsidiary of Columbia, in connection with an insurance contract sold by Employers Insurance of Wassau, or any successor insurance company to Wassau which is unrelated to Columbia, to provide long-term disability benefits to participants in Columbia's Long Term Disability Plan. This case is distinguishable from the many cases OED has granted over the years involving reinsurance because the applicants could not satisfy the 50% of premiums test that had been included in all of the prior exemptions. In this case, the applicants have substituted an independent fiduciary as a safeguard and have also demonstrated an immediate benefit to participants and beneficiaries as a result of the transaction.

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Restoration Payment

Grant; PTE 2000-67

D-10780

G: 65 FR 80464 (12/21/00)

P: 65 FR 62763 (10/19/00)

Butler-Johnson Corporation Profit Sharing Plan

See summary for the Butler-Johnson Plan under Sale by Plan of Mortgages.

Grant; PTE 2000-56

D-10781

G: 65 FR 67778 (11/13/00)

P: 65 FR 54303 (09/07/00)

Journal Company, Inc. 401(k) Savings Plan

See summary for the Journal Plan under Settlement.

Grant; PTE 2000-35

D-10789

G: 65 FR 41735 (07/06/00)

P: 65 FR 25954 (05/04/00)

Fortis, Inc. EmployeesEUniform Profit Sharing Plan

Permits (1) the restoration payment by Fortis, Inc. to the Plan with respect to a certain counterfeit certificate of deposit (the CD); and (2) the potential future payment to Fortis, Inc. of recapture payments made to the Plan pursuant to proceedings involving the issuer of the CD.

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Retroactive

Grant; PTE 2000-70

D-10910

G: 65 FR 80466 (12/21/00)

P: 65 FR 60466 (10/11/00)

HSBC Holdings plc (HSBC)

See summary for HSBC under QPAM.

Grant; PTE 2000-68

D-10800 & D-10801

G: 65 FR 80465 (12/21/00)

P: 65 FR 57389 (09/22/00)

The Masters, Mates and Pilots Pension Plan and Individual Retirement Account Plan

See summary for the Masters, Mates and Pilots Pension Plan and Individual Retirement Account Plan under Sale by Plan of Employer Securities.

Grant; PTE 2000-67

D-10780

G: 65 FR 80464 (12/21/00)

P: 65 FR 62763 (10/19/00)

Butler-Johnson Corporation Profit Sharing Plan

See summary for the Butler-Johnson Plan under Sale by Plan of Mortgages.

Grant; PTE 2000-66

D-10706

G: 65 FR 80461 (12/21/00)

P: 64 FR 57129 (10/22/99)

O: 66 FR 15896 (03/21/01) (Tech. Corr.)

Allfirst Bank (Allfirst)

See summary for Allfirst under Receipt of Fees.

Grant; PTE 2000-65

L-10906 & L-10907

G: 65 FR 76306 (12/06/00)

P: 65 FR 57397 (09/22/00)

O: 65 FR 80497 (12/21/00) (Tech. Corr.)

I.B.E.W. LU 567 Electrical Joint Apprenticeship and Training Trust Fund (the Training Plan) and Money Purchase Retirement Plan of Local 567, I.B.E.W. (the M/P Plan)

See summary for the I.B.E.W. LU 567 Training Plan and M/P Plan under Lease by Plan of Real Property.

Grant; PTE 2000-61

D-10905

G: 65 FR 70622 (11/24/00)

P: 65 FR 56732 (09/19/00)

Maple Partners Financial Group (Maple)

See summary for Maple under Securities Lending - TrioE- Type.

Grant; PTE 2000-60

D-10877

G: 65 FR 70621 (11/24/00)

P: 65 FR 57394 (09/22/00)

John L. Rust Co. Profit Sharing Plan

See summary for the Rust Plan under Purchase by Plan of Other Assets.

Grant; PTE 2000-59

D-10770

G: 65 FR 70618 (11/24/00)

P: 65 FR 56708 (09/19/00)

Deutsche Bank AG and its Affiliates (collectively, DB)

See summary for DB under Index or Model-Driven Fund Transactions.

Grant; PTE 2000-57

D-10814

G: 65 FR 67779 (11/13/00)

P: 65 FR 54307 (09/07/00)

Sun Life Insurance Company (Sun Life)

See summary for Sun Life under Demutualization.

Grant; PTE 2000-55

D-10863

G: 65 FR 67774 (11/13/00)

P: 65 FR 56720 (09/19/00)

Countrywide Securities Corporation (Countrywide)

See summary for Countrywide under Asset-Backed Securities.

Grant; PTE 2000-53

D-10874

G: 65 FR 65332 (11/01/00)

P: 65 FR 50240 (08/17/00)

American Mutual Holding Company (AMHC)

See summary for AMHC under Demutualization.

Grant; PTE 2000-49

D-10879

G: 65 FR 60454 (10/11/00)

P: 65 FR 39435 (06/26/00)

O: 65 FR 62755 (10/19/00) (Tech. Corr.)

Actuarial Scientists Associates, Inc. (ASA) and ASA Fiduciary Counselors Inc. (ASA Counselors)

See summary for ASA and ASA Counselors under QPAM.

Grant; PTE 2000-47

D-10758

G: 65 FR 56341 (09/18/00)

P: 65 FR 37175 (06/13/00)

Goldman Sachs & Co. (Goldman)

See summary for Goldman under Securities Lending - TrioE- Type.

Grant; PTE 2000-45

D-10809 & D-10865

G: 65 FR 54315 (09/07/00)

P: 65 FR 35138 (06/01/00)

O: 65 FR 57401 (09/22/00) (Tech. Corr.)

Salomon Smith Barney, Inc. (Salomon Smith Barney)

See summary for Salomon Smith Barney under Asset Allocation Services.

Grant; PTE 2000-40

D-10839

G: 65 FR 49028 (08/10/00)

P: 65 FR 37182 (06/13/00)

Washington County Hospital Association EmployeesECash Balance Plan

See summary for the Washington Plan under In-Kind Contribution of Other Securities.

Grant; PTE 2000-38

D-10705

G: 65 FR 49022 (08/10/00)

P: 65 FR 33370 (05/23/00)

Standard Insurance Company (Standard)

See summary for Standard under Demutualization.

Grant; PTE 2000-37

D-10624

G: 65 FR 49018 (08/10/00)

P: 65 FR 33360 (05/23/00)

The Banc Funds Company, LLC (TBFC)

See summary for TBFC under Performance Compensation.

Grant; PTE 2000-36

D-10790

G: 65 FR 41735 (07/06/00)

P: 65 FR 25956 (05/04/00)

Canada Life Assurance Company (Canada Life)

See summary for Canada Life under Demutualization.

Grant; PTE 2000-33

D-10857

G: 65 FR 37171 (06/13/00)

P: 65 FR 18365 (04/07/00)

McDonald Investments, Inc. (McDonald)

See summary for McDonald under Asset-Backed Securities.

Grant; PTE 2000-32

D-10708

G: 65 FR 37170 (06/13/00)

P: 65 FR 18356 (04/07/00)

Triumph Capital Group, Inc. (TCG)

See summary for TCG under Venture Capital Funds.

Grant; PTE 2000-30

D-10188

G: 65 FR 37165 (06/13/00)

P: 65 FR 13836 (03/14/00)

Barclays Bank PLC (Barclays)

See summary for Barclays under Index or Model-Driven Fund Transactions.

Grant; PTE 2000-29

D-10832

G: 65 FR 35129 (06/01/00)

P: 65 FR 6229 (01/08/00)

O: 65 FR 39431 (06/26/00) (Tech. Corr.)

Morgan Stanley Dean Witter

See summary for Morgan Stanley Dean Witter under Underwriting Syndicates.

Grant; PTE 2000-28

D-10820

G: 65 FR 35129 (06/01/00)

P: 65 FR 6229 (01/08/00)

O: 65 FR 39431 (06/26/00) (Tech. Corr.)

Citigroup Inc. (Citigroup)

See summary for Citigroup under Underwriting Syndicates.

Grant; PTE 2000-27

D-10779

G: 65 FR 35129 (06/01/00)

P: 65 FR 6229 (01/08/00)

O: 65 FR 39431 (06/26/00) (Tech. Corr.)

The Chase Manhattan Bank (Chase)

See summary for Chase under Underwriting Syndicates.

Grant; PTE 2000-26

D-10587

G: 65 FR 35129 (06/01/00)

P: 65 FR 6229 (01/08/00)

O: 65 FR 39431 (06/26/00) (Tech. Corr.)

Goldman Sachs & Co. (Goldman)

See summary for Goldman under Underwriting Syndicates.

Grant; PTE 2000-25

D-10119 & D-10120

G: 65 FR 35129 (06/01/00)

P: 65 FR 6229 (01/08/00)

O: 65 FR 39431 (06/26/00) (Tech. Corr.)

Morgan Guaranty Trust Company of New York (Morgan) and J.P. Morgan Investment Management Inc. (J.P. Morgan)

See summary for Morgan and J.P. Morgan under Underwriting Syndicates.

Grant; PTE 2000-16

D-10823 & D-10824

G: 65 FR 18133 (04/06/00)

P: 65 FR 4851 (02/01/00)

Cullen Incorporated Profit Sharing Plan and Trust and Employees Defined Contribution Plan and Trust

See summary for the Cullen Plans under Sale by Plan of Real Property.

Grant; PTE 2000-15

D-10679 & D-10682

G: 65 FR 18132 (04/06/00)

P: 64 FR 46728 (08/26/99)

General Electric Pension Trust

See summary for the G.E. Trust under Lease by Plan of Real Property.

Grant; PTE 2000-09

D-10763

G: 65 FR 10825 (02/29/00)

P: 65 FR 526 (01/05/00)

The FINA, Inc. Capital Accumulation Plan

See summary for the FINA Plan under Rights Offering.

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Rights Offering

Grant; PTE 2000-09

D-10763

G: 65 FR 10825 (02/29/00)

P: 65 FR 526 (01/05/00)

The FINA, Inc. Capital Accumulation Fund

Permits, as of June 4, 1999, the acquisition, holding and exercise of certain warrants that were issued by Total, S.A., pursuant to a tender offer made on May 6, 1999 to all shareholders of Petrofina S.A., including the Plan.

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Sale by Plan of Employer Securities

Grant; PTE 2000-68

D-10800 & D-10801

G: 65 FR 80465 (12/21/00)

P: 65 FR 57389 (09/22/00)

The Masters, Mates and Pilots Pension Plan and Individual Retirement Plan

Permits (1) the transfer and sale by the Plans of their shares of stock (the AHL Stock or the Stock) in American Heavy Lift Shipping Company (AHL) to AHL Holdings, Inc. (AHL Holdings), in exchange for a note (the Note) from AHL Holdings to the Plans; (2) the holding of the Note by the Plans; (3) the guarantee (the Guarantee) of the Note to the Plans by AHL; (4) the continued holding of the AHL Stock by the Plans for the period from January 1, 1999 until the date of the sale of the Stock by the Plans to AHL Holdings; and (5) the holding by the Plans for a period of two years of any collateral, including the Stock, received by the Plans as a result of the exercise of their rights in the event of a default under the Note or under the Guarantee.

Grant; PTE 2000-17

D-10730

G: 65 FR 25949 (05/04/00)

P: 65 FR 10828 (02/29/00)

Earl R. Waddell & Sons Profit Sharing Plan and Trust

Permits the arrangement between the Plan and Earl R. Waddell & Sons, Inc. (Waddell) involving the sale by the Plan of 5,183,840 shares of Waddell Holdings Stock to Waddell.

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Sale by Plan of Mortgages

Grant; PTE 2000-67

D-10780

G: 65 FR 80464 (12/21/00)

P: 65 FR 62763 (10/19/00)

Butler-Johnson Corporation Profit Sharing Plan

Permits (1) the past sale on October 25, 1996, by the Plan of four residential mortgage notes (the Purchased Notes) to the Greater Bay Trust Company (the Trustee), the trustee of the Plan and, as such, a party in interest with respect to the Plan; (2) the past sale on October 25, 1996, by the Plan of a seventy-one percent (71%) interest in a certain parcel of real property located in Oakland, California to the Trustee; (3) the "makewhole" payment made by the Trustee to the Plan on October 25, 1996 in connection with the Plan's investment losses with respect to certain other real property previously owned by the Plan which was sold to an unrelated party on June 28, 1996; and 

(4) the proposed payment to the Plan of the accrued but unpaid interest (the Accrued Interest Payment) that was due on the Purchased Notes at the time of the past sale to the Trustee, as well as two other mortgage notes that were in default while held by the Plan which resulted in foreclosures on the underlying properties, and the proposed payment to the Plan of an additional interest payment for the period from October 25, 1996, until the date that the Accrued Interest Payment is made to the Plan, based on the total amount of the Accrued Interest Payment.

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Sale by Plan of Other Assets

Grant; PTE 2000-60

D-10877

G: 65 FR 70621 (11/24/00)

P: 65 FR 57394 (09/22/00)

John L. Rust Co. Profit Sharing Plan

See summary for the Rust Plan under Purchase by Plan of Other Assets.

Grant; PTE 2000-52

D-10667

G: 65 FR 65331 (11/01/00)

P: 65 FR 50223 (08/17/00)

Kwik-Kopy Corporation Employees Welfare Plan

Permits the cash sale by the Plan of certain recreational facilities to the International Center for Entrepreneurial Development, Inc., the parent of Kwik-Kopy Corporation, the Plan's sponsor and a party in interest with respect to the Plan.

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Sale by Plan of Other Securities

Grant; PTE 2000-63

D-10651

G: 65 FR 76306 (12/06/00)

P: 64 FR 62756 (10/19/00)

Merrill Lynch & Co., Inc. (ML&Co.)

See summary for ML&Co. under Index-Linked Securities.

Grant; PTE 2000-50

D-10871

G: 65 FR 62755 (10/19/00)

P: 65 FR 54313 (09/07/00)

IRA FBO Floyd A. Ross

Permits the proposed purchase by the IRA of certain closely-held common stock from the Ross Family Trust, a disqualified person with respect to the IRA.

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Sale by Plan of Partnership Interests

Grant; PTE 2000-04

D-10821

G: 65 FR 4854 (02/01/00)

P: 64 FR 66210 (11/24/99)

TMI Systems Design Corporation Profit Sharing Plan

Permits the sale by the Plan of certain limited partnership interests to Northern Capital Trust Company, the Plan's trustee and a party in interest with respect to the Plan.

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Sale by Plan of Real Property

Grant; PTE 2000-69

D-10880

G: 65 FR 80466 (12/21/00)

P: 65 FR 65015 (10/31/00)

Gillespie Real Estate Professional Corporation Defined Benefit Plan