June 19, 2008

U.S. Labor Department secures 401(k) plan assets for Merchants Publishing Co. employees in Kalamazoo, Michigan

Archived News Release — Caution: Information may be out of date.

Kalamazoo, Michigan – A federal district court in Grand Rapids, Michigan has granted a consent judgment to the U.S. Department of Labor that allows more than $170,000 in 401(k) assets recovered in a criminal action to be distributed to former workers of Merchants Publishing Co. Inc. in Kalamazoo.

June 19, 2008

U.S. Department of Labor to host June 25 web cast on recent regulations and guidance

Archived News Release — Caution: Information may be out of date.

Washington – The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) will host a free web cast June 25 to help employers and plan administrators understand recent regulatory and interpretative guidance under the Employee Retirement Income Security Act (ERISA).

June 18, 2008

U.S. Labor Department sues to appoint independent fiduciary for 401(k) plan abandoned by New York City company

Archived News Release — Caution: Information may be out of date.

New York – The U.S. Department of Labor has filed a lawsuit asking the U.S. District Court for the Southern District of New York to appoint an independent fiduciary to oversee the abandoned 401(k) plan of defunct Chelsea Voice & Data Inc. of New York City.

June 13, 2008

U.S. Labor Department obtains appointment of independent fiduciary for abandoned 401(k) plan of Buffalo, New York company

Archived News Release — Caution: Information may be out of date.

Buffalo, New York – The U.S. Department of Labor has obtained a federal court order appointing an independent fiduciary to manage the abandoned 401(k) plan of defunct Pohlman Foundry Co. Inc. of Buffalo.

June 13, 2008

U.S. Labor Department sues Rosewood, Minnesota business owner to recover health plan contributions for employees

Archived News Release — Caution: Information may be out of date.

Roseville, Minnesota – The U.S. Department of Labor has sued the president and sole owner of Plywood Industries Inc. in Roseville, for failing to forward to the company’s health plan contributions withheld from employees’ paychecks, in violation of the Employee Retirement Income Security Act (ERISA).

June 12, 2008

Trustees agree to administer abandoned Warren, Rhode Island 401(k) plan to resolve U.S. Labor Department lawsuit

Archived News Release — Caution: Information may be out of date.

Boston – Trustees of defunct VikinGlobal Corp. of Warren, Rhode Island, have agreed to administer the company’s abandoned 401(k) plan to resolve a lawsuit filed by the U.S. Department of Labor alleging violations of the Employee Retirement Income Security Act (ERISA).

June 10, 2008

U.S. Department of Labor obtains settlement with Costello Forensic Accounting P.C. and auditors to SCT Yarns Inc. retirement plans

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

Atlanta – The U.S. Department of Labor has reached a settlement with Costello Forensic Accounting P.C. and its auditors resolving the department lawsuit alleging the Chattanooga, Tennessee accounting firm violated the Employee Retirement Income Security Act (ERISA).

June 9, 2008

U.S. Department of Labor obtains settlement with defunct Rougemont, North Carolina, clinical research company to restore funds to SIMPLE IRA plan

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

Atlanta – The U.S. Department of Labor has obtained a settlement agreement requiring defunct BDH Clinical Research Services Inc., Rougemont, North Carolina, and its former president to restore $22,921 to the retirement accounts of four former employees.

June 4, 2008

U.S. Labor Department takes legal action against Technengineering Services for failure to administer employee 401(k) plan

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

Indianapolis – The U.S. Department of Labor has sued Technengineering Services Inc., Fishers, Indiana, for failure to properly administer the company’s 401(k) plan in violation of the Employee Retirement Income Security Act (ERISA).

June 3, 2008

U.S. Labor Departments Transforming the American Workplace:
A 21st Century Vision summit sets stage for disability employment

WASHINGTON — The U.S. Department of Labor today kicked off its "Transforming the American Workplace: A 21st Century Vision" summit, which focuses on including people with disabilities in the American workforce and reduced barriers to employment. The invitation-only summit continues through tomorrow at Gallaudet University's Kellogg Conference Center in Washington, D.C.

June 2, 2008

U.S. Labor Department sponsors free compliance assistance seminar for retirement plan fiduciaries in San Francisco

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

San Francisco – The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) will sponsor “Getting It Right – Know Your Fiduciary Responsibilities,” a free compliance assistance seminar, on July 1 at the Marines’ Memorial Club & Hotel.

May 20, 2008

Court upholds U.S. Department of Labor reporting requirements
on employer payments to unions

Workers to benefit from increased transparency

WASHINGTON — On May 5, the U.S. District Court for the Northern District of Georgia dismissed a challenge to the U.S. Department of Labor's authority to require reports from attorneys who make payments to unions or union officials. The Labor-Management Reporting and Disclosure Act (LMRDA) requires employers to file reports if, among other things, they provide money or other things of value to a union or a union officer or employee.

May 20, 2008

U.S. Department of Labor to offer free employer workshop on pension and health responsibilities May 22 in Springfield, Missouri

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

Springfield, Missouri – A free workshop will be sponsored by the U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) to help employers understand their fiduciary responsibilities under the Employee Retirement Income Security Act (ERISA). The workshop will take place on May 22 from 8 a.m. to noon CDT at St. John’s Hospital, Hammons Heart Institute Auditorium, 1325 E. Cherokee Street, in Springfield.

May 19, 2008

U.S. Labor Department to co-host youth employment seminar with Brazil, Organization of American States, labor ministers

Deputy Undersecretary for International Affairs Charlotte Ponticelli to lead U.S. delegation

RIO DE JANEIRO, Brazil — The U.S. Department of Labor, the Ministry of Labor and Employment in Brazil, and the Organization of American States (OAS) jointly will host a seminar on youth employment in Rio de Janeiro from Tuesday, May 20, through Wednesday, May 21. Charlotte M. Ponticelli, the Labor Department's deputy undersecretary for International Affairs, will lead the U.S. delegation.

May 19, 2008

U.S. Labor Department obtains court judgment barring Maryland company and owner from service to employee benefit plans

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

Columbia, Maryland – The U.S. Department of Labor has obtained a consent judgment removing National Management Systems LLC of Columbia and its owner, William Ray Miller II, as fiduciaries to the company’s pension plan, and permanently barring them from serving as fiduciaries to any employee benefit plan governed by the Employee Retirement Income Security Act (ERISA) in the future.

May 19, 2008

U.S. Department of Labor offers Atlanta workshop on June 18 to help employers and plan officials comply with federal benefits law

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

The workshop will take place from 8:30 a.m. to noon EDT at the Renaissance Atlanta Downtown Hotel, 590 West Peachtree Street N.W. One-on-one consultations will be available after the workshop, from noon to 1 p.m.

May 15, 2008

U.S. Labor Department enforcement agency announces 7 criminal convictions and 9 indictments for April 2008

Bulk of cases involve embezzlement of union funds

WASHINGTON — The U.S. Department of Labor's Office of Labor-Management Standards (OLMS) today announced its criminal enforcement data for April 2008. During the month, OLMS obtained seven convictions, nine indictments and court orders of restitution totaling $225,615. The office's totals for fiscal year 2008 (which began on Oct. 1, 2007) now stand at 59 convictions and 76 indictments. The bulk of the cases involved the embezzlement of union funds.

May 13, 2008

U.S. Labor Department secures retirement plan assets for employees of former Michigan Air Control Distributing company in Grand Rapids, Michigan

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

Grand Rapids, Michigan – The federal district court in Grand Rapids has granted a consent judgment to the U.S. Department of Labor that allows for recovery of approximately $25,000 in 401(k) plan assets and interest owed to the Michigan Air Control Distributing Profit Sharing 401(k) Plan in Grand Rapids.

May 13, 2008

U.S. Labor Department to sponsor two free workshops in Southern California on complying with employee benefits law

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

San Francisco – The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) will hold two free workshops June 9 and 19 in Southern California to help employers, benefit professionals and others comply with federal employee benefits law.

The June 9 workshop will be held from 8:30 to 10:30 a.m. PDT at the Marriott Courtyard Foothill Ranch Irvine Spectrum, 27492 Portola Parkway in Foothill Ranch.

May 12, 2008

U.S. Labor Department resolves lawsuit with trustees of Ohio Sheet Metal Workers pension plan

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

Cleveland – The U.S. Department of Labor today obtained consent orders requiring trustees of the Cleveland-based Sheet Metal Workers Local 33 Pension Plan to restore $625,000 to the plan, pay a $125,000 civil penalty, and institute controls and reforms over future investments made by the plan. The court order resolves a lawsuit involving risky investments authorized by the trustees with Capital Consultants LLC of Portland, Oregon.