News Releases

Washington, DC - Secretary of Labor Elaine L. Chao will meet with the Advisory Council of Employee Welfare and Pension Plans on May 9, 2003 to swear in the Council’s new members and discuss ways to improve the retirement security and health coverage of America’s workers.

May 8, 2003

Employee Benefits Security Administration Releases Field Assistance Bulletin on Multiemployer 401(k) Plans

Archived News Release — Caution: Information may be out of date.

May 8, 2003

Labor Department Obtains Restitution for Participants of Minnesota 401(k) Plan

Archived News Release — Caution: Information may be out of date.

May 7, 2003

Labor Department Restores 401(k) Assets of Minnesota Participants

Archived News Release — Caution: Information may be out of date.

May 7, 2003

Watertown, New York, Company Ordered To Produce Plan Documents

Archived News Release — Caution: Information may be out of date.

May 7, 2003

Labor Department Obtains Restitution for Participants Of Kansas Company for Misuse of Simple IRA Plan Assets

Archived News Release — Caution: Information may be out of date.

Kansas City, Missouri - The U.S. Department of Labor obtained a consent order on April 29, 2003 ordering the president and owner of Netsource, Inc. of Olathe, Kansas and the fiduciary of the company’s Simple IRA Plan to restore $13,661.38 to the plan. The company was a computer consulting company that developed software for clients.

May 7, 2003

L.A. Creative, Inc., and Its Owners Make Restitution to 401(k) Plan, Barred From Dealing with Plans

Archived News Release — Caution: Information may be out of date.

May 7, 2003

Tennessee Corporation and Former Executives Sued Over Improper Purchase of Company Stock for Retirement Plan

Archived News Release — Caution: Information may be out of date.

Atlanta, Georgia - The U.S. Department of Labor has sued Elk Valley Professional Affiliates, Inc. (EVPA) of Fayetteville, Tennessee and its former corporate executives for imprudently using $1,075,892.42 of the assets of the employee stock ownership plan to purchase company stock at prices in excess of fair market value and to pay expenses related to the sale of the company.

May 1, 2003

Employee Benefits Security Administration Releases Field Assistance Bulletin on Allocation of Expenses by Defined Contribution Plans

Labor Department Sues Minnesota Company and Officials for Failing to Forward Employee Contributions to 401(k) Plan

Labor Department Obtains Judgments Restoring Employee Contributions of Tulsa Engineering Company 401(k) Plan

Labor Department Seeks Appointment of Independent Fiduciary For Orphaned Alabama 401(K) Plan

Labor Department Recovers Employee Contributions to Retirement And Health Plans of West Des Moines, Iowa Company

Secretary of Labor Elaine L. Chao to Meet With 2003 ERISA Advisory Council

Employee Benefits Security Administration Releases Field Assistance Bulletin on Multiemployer 401(k) Plans

Labor Department Obtains Restitution for Participants of Minnesota 401(k) Plan

Labor Department Restores 401(k) Assets of Minnesota Participants

Watertown, New York, Company Ordered To Produce Plan Documents

Labor Department Obtains Restitution for Participants Of Kansas Company for Misuse of Simple IRA Plan Assets

L.A. Creative, Inc., and Its Owners Make Restitution to 401(k) Plan, Barred From Dealing with Plans

Tennessee Corporation and Former Executives Sued Over Improper Purchase of Company Stock for Retirement Plan

Labor Department Obtains Independent Fiduciary To Oversee HR Leasestaff’s 401(K) Plan

Labor Department Sues Defunct Virginia Firm Over Delinquent Employee Contributions

Labor Department Sues Miller Plumbing SIMPLE IRA Plan Official For Failing to Forward Employee Contributions

Labor Department Obtains Court Order Appointing Independent Fiduciary

Media Advisory - HIPAA and Other Health Laws: Compliance Assistance Seminar

Labor Department Sues Baltimore Company and 401(k) Plan Official For Failure to Forward Employee Contributions

Labor Department Obtains Court Order Restoring Contributions to Participants in Canton, Ohio 401(k) Plan