January 23, 2006

U.S. Labor Department Sues Leesburg, Ga., Professional Employer Organization for Health Plan Mismanagement

Archived News Release — Caution: Information may be out of date.

Atlanta, Georgia - The U.S. Department of Labor has sued National Workforce Inc., Leesburg, Georgia, and two of its executives for mismanagement of the firm’s employee health plan.

January 19, 2006

Labor Department Sues to Appoint Independent Trustee for Abandoned 401(k) Plan

Archived News Release — Caution: Information may be out of date.

Detroit, Michigan - The U.S. Department of Labor filed suit asking the federal district court in Detroit to appoint an independent trustee for the abandoned retirement plan of Zimm’s Vacuum Cleaner Company Inc., Livonia, Michigan, which ceased doing business in 2002.

January 18, 2006

U.S. Labor Department Obtains Settlement with Greenfield, Ind., Business Owner to Restore Funds to Workers’ Simple IRA Program

Archived News Release — Caution: Information may be out of date.

Evansville, Indiana - The U.S. Department of Labor has obtained a settlement restoring $6,203.94 to the J. Smith and Company Inc. Simple IRA Plan. The agreement also ensures that the plan’s fiduciary will secure a fidelity bond and keep it active throughout the life of the retirement plan, as required by the Employee Retirement Income Security Act.

January 12, 2006

U.S. Labor Department Sues to Restore Assets to Gadsden, Alabama, Company’s Profit Sharing Plan

Archived News Release — Caution: Information may be out of date.

Atlanta, Georgia - The U.S. Department of Labor has sued Bowen Electric Company and owners, Jimmy T. Bowen and Sandra O. Bowen, to restore more than $33,400 to participants in the Gadsden, Alabama, company’s profit sharing plan.

January 10, 2006

Labor Department Issues Rules on Multiemployer Pension Plan Funding Notices

Archived News Release — Caution: Information may be out of date.

Washington, DC - The U.S. Department of Labor today announced final rules requiring administrators of multiemployer pension plans to furnish annually a notice on the funding status of the plans under provisions of the Pension Funding Equity Act of 2004.

January 10, 2006

U.S. Labor Department Restores $75,000 to Oakland Engineering Firm’s 401(k) Plan

Archived News Release — Caution: Information may be out of date.

San Francisco, California - Two former executives of Manna Consultants, an Oakland, California-based corporation, have agreed to restore $75,000 in employee assets to the company’s 401(k) plan. The judgment resolves a 2004 lawsuit filed by the U.S. Labor Department which sought $57,451 plus interest for 20 former employees who were plan participants.

January 6, 2006

Assistant Secretary of Labor Addresses Ft. Wayne, Ind., Businesses on President’s Retirement Security and Health Care Agenda

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

Fort Wayne, Indiana - U.S. Assistant Secretary of Labor Ann L. Combs spoke to the Northern Indiana ASPPA Benefits Council in Fort Wayne, Indiana, today highlighting the Bush Administration’s economic policies and the retirement and health care issues critical to America’s workers, retirees and their families.

December 28, 2005

U.S. Labor Department Obtains Consent Judgment Restoring Funds to Portland Company’s Employee Stock Ownership Plan

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

Portland, Oregon - The U.S. Department of Labor has obtained a consent judgment in which funds will be restored to the Litho Development and Research Inc.’s employee stock ownership plan to cover losses resulting from fiduciary breaches by Ralph Johnson, the company's president, chief executive officer and the plan's trustee.

December 15, 2005

U.S. Labor Department Sponsors New York Seminar On Compliance With Federal Employee Benefits Law

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

New York, New York - The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) in New York City will hold a seminar to assist employers, pension plan administrators and other benefit professionals comply with federal employee benefits law. The seminar will be held January 13, 2006, at the Broad Financial Center, 33 Whitehall Street, 11th Floor Conference Room.

December 13, 2005

U.S. Labor Department Sues California Health Benefit Fund to Recover $1.2 Million for Unpaid Health Claims

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

San Francisco, California - The U.S. Department of Labor has sued Paramount, California-based International Union of Public and Industrial Workers (IUPIW) Canadian Benefit Fund and its trustees for more than $1.2 million to cover unpaid health care claims due more than 2,000 workers and their families nationwide.

December 13, 2005

Hollywood, Florida Pension Trustee Ordered to Restore Almost $108,000 to Pension Plan

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

Atlanta, Georgia - The Gary M. Hochberg CLU Insurance Agency of Hollywood, Florida, and the trustee of its pension plan, have been ordered to restore almost $108,000 to the plan as restitution for improper transfers of plan assets. The order resulted from a lawsuit filed by the U.S. Department of Labor.

December 8, 2005

Labor Department Publishes 2005 Form M-1 for Multiple Employer Welfare Arrangements - Online Filing Available

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

Washington, DC - The U.S. Department of Labor's Employee Benefits Security Administration (EBSA) will publish in the December 9, 2005, Federal Register the 2005 Form M-1 annual report for multiple employer welfare arrangements (MEWAs). Plan administrators may use EBSA's online filing system to expedite processing of the form.

December 8, 2005

U.S. Labor Department Obtains Judgment Against Sham Florida Union for Payment of $11 Million in Health Benefits

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

Atlanta, Georgia - The U.S. Department of Labor has obtained a judgment requiring the Service and Business Workers of America Local 125, located in Juno Beach, Florida, to pay $11 million in unpaid health claims owed to union members and their families. The judgment also bars the union from service as a fiduciary to any employee benefit plan in the future.

December 7, 2005

U.S. Labor Department Sues Former Hebron, Kentucky Company and Owner to Recover 401(k) Plan Losses

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

Atlanta, Georgia - The U.S. Department of Labor has sued now-closed Mitchell Molding Company Inc., Hebron, Kentucky, and its bankrupt former owner to recover $5,870 in delinquent employee contributions to the company's 401(k) plan.

December 7, 2005

Labor Department Sues to Assist Retirement Plan Participants Of Defunct Delaware Company

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

Philadelphia, Pennsylvania - The U.S. Department of Labor has sued IT Factory Solution Inc. (ITFS), a defunct Delaware corporation, asking the court to appoint an independent fiduciary to terminate the company's retirement plan and distribute its assets to participants and beneficiaries.

ITFS became plan trustee and administrator when it acquired Solutions By Design Inc., the Virginia company that started the plan.

December 5, 2005

U.S. Labor Department Obtains Court Order Reimbursing $1 Million to California Health Benefit Fund

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

Atlanta, Georgia - The U.S. Department of Labor has obtained a consent judgment ordering payment of $1 million in restitution to the California-based International Union of Industrial and Independent Workers Benefit Fund (IUIIW). The fund was placed under the receivership of Jeanne Bryant in Brentwood, Tennessee.

December 2, 2005

U.S. Labor Department Obtains Consent Judgment to Protect Employee Stock Ownership Plan Assets of Defunct Post Falls Company

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

Coeur D'Alene, Idaho - James C. Stone, former president, director and part owner of failed Alpha Health Services Inc. of Post Falls, Idaho, has agreed in a consent judgment obtained by the U.S. Department of Labor in U.S. Bankruptcy Court not to discharge debts owed to the company's employee stock ownership plan.

December 1, 2005

U.S. Labor Department Opens New Temporary Wage and Hour Offices
In the Gulf Region

WASHINGTON—The U.S. Department of Labor today announced the reopening, at new temporary locations, of the Wage and Hour Division's New Orleans district office and Biloxi, Miss., field office. Following Hurricane Katrina both offices were damaged and closed. The work normally handled out of these offices continued in the aftermath of the hurricane from the Baton Rouge, La., Mobile, Ala., and Hattiesburg, Miss., field offices, as well as the Jackson, Miss., area office.

December 1, 2005

Health Law Compliance Seminar December 7 and 8 in Atlanta

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

Atlanta, Georgia - A health law compliance assistance seminar, sponsored by the U.S. Department of Labor's Employee Benefits Security Administration (EBSA) and the Georgia Office of Insurance and Safety Fire, will take place December 7-8 in Atlanta at the Omni Hotel.

December 1, 2005

U.S. Labor Secretary Elaine L. Chao Announces Date of 2006 Saver Summit to Help Americans Plan Secure Retirement

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

Washington, DC - U.S. Secretary of Labor Elaine L. Chao today announced the third National Summit on Retirement Savings will be held March 1-2, 2006, in Washington, DC.