January 16, 2025

Department of Labor obtains consent judgment to resolve West Virginia engineering consultants’ unpaid employee medical claims

Date of action:           Dec. 12, 2024

Type of action:          Consent judgment

Employers:                 MSES Consultants Inc., Lawrence Rine

January 16, 2025

US Department of Labor issues proposed rule for fiduciaries on valuing employer stock purchased, sold by Employee Stock Ownership Plans

WASHINGTON – The U.S. Department of Labor today announced that its Employee Benefits Security Administration has issued a proposed regulation under the Employee Retirement Income Security Act on the valuation of employer stock acquired or sold by an employee stock ownership plan. 

January 15, 2025

Federal court requires R.B. Pamplin Corp., owner to restore at least $20.6M in assets to pension plan, unwind $15.4M in illegal real estate investments

PORTLAND, OR  The U.S. Department of Labor has obtained a consent judgment requiring Dr. Robert B. Pamplin Jr. and the R.B. Pamplin Corp. to restore at least $20,600,000 in assets to the company’s pension plan after the plan’s unlawful acquisition of company-owned real estate  jeopardized the retirement security of thousands of the company’s employees.

January 14, 2025

US Department of Labor announces enforcement relief on missing participant retirement benefits sent to state unclaimed property funds

WASHINGTON – The U.S. Department of Labor’s Employee Benefits Security Administration today announced an enforcement relief policy to provide retirement plan fiduciaries with an option to help manage small benefit amounts owed to individuals who cannot be located.

January 14, 2025

US Department of Labor announces improvements to its Voluntary Fiduciary Correction Program

WASHINGTON – The U.S. Department of Labor announced that its Employee Benefits Security Administration today announced updates to its Voluntary Fiduciary Correction Program, providing employers and other plan officials with more efficient ways to voluntarily correct compliance issues in retirement, health and other employee benefit plans. 

December 26, 2024

US Department of Labor appoints new ERISA Advisory Council members

WASHINGTON – The U.S. Department of Labor today announced the appointment of five new members and leadership for the 2025 Advisory Council on Employee Welfare and Pension Benefit Plans, also known as the ERISA Advisory Council.

The 15-member council provides advice on policies and regulations affecting employee benefit plans governed by the Employee Retirement Income Security Act of 1974.

December 9, 2024

US Department of Labor to hold ERISA Advisory Council meeting Dec. 12-13

WASHINGTON – The U.S. Department of Labor will hold its final meeting of the 2024 Advisory Council on Employee Welfare and Pension Benefit Plans, also known as the ERISA Advisory Council, on Dec. 12-13 at the department’s headquarters in Washington.

The meeting is open to the public and accessible online and via teleconference.

November 25, 2024

US Department of Labor, IRS, Pension Benefit Guaranty Corp. release information for annual benefits plan report/return filings

The U.S. Department of Labor today announced that its Employee Benefits Security Administration joined the IRS and Pension Benefit Guaranty Corp. in releasing informational copies of the 2024 Form 5500, Form 5500-SF, IRS Form 5500-EZ, IRS Form 5558 and related instructions online. 

November 18, 2024

US Department of Labor announces start of information collection to build ‘lost’ retirement savings online search tool

WASHINGTON – The U.S. Department of Labor’s Employee Benefits Security Administration today issued a notice requesting information from retirement plan administrators that will allow it to begin populating the Retirement Savings Lost and Found database, an online search tool to help America’s workers locate lost retirement savings they earned.

November 18, 2024

Federal court approves $12M plan to distribute assets to providers, participants harmed by underfunded health plan arrangement in 36 states

CHICAGO – A federal court has approved a plan to make a final distribution of $12 million in assets to health plan participants and medical providers harmed by a multiple employer welfare arrangement, known as a MEWA. This distribution arises from a litigation brought by the U.S. Department of Labor after an investigation found mismanagement by the former fiduciaries of AEU Holdings LLC Employee Benefit Plan caused about $83 million in health claims to be wrongly billed to participants. 

November 7, 2024

US Department of Labor announces guidance, relief for employee benefit plans, participants, beneficiaries affected by hurricanes Helene, Milton

WASHINGTON – The U.S. Department of Labor has issued guidance and provided relief for participants and beneficiaries and employee benefit plans affected by Hurricane Helene and by Hurricane Milton.

November 6, 2024

US Department of Labor sues Puerto Rico-based service providers, executives to stop excessive fees, self-dealing; recover health plans’ funds

Date of action:           November 5, 2024

Type of action:          Complaint filing

Defendants:               Suffolk Administrative Services LLC, San Juan, Puerto Rico

November 1, 2024

US Department of Labor reports distressed pension assistance program has protected benefits for more than 1.2M workers, retirees, families

WASHINGTON – The U.S. Department of Labor today announced that its Employee Benefits Security Administration has issued a report illustrating how the American Rescue Plan has protected the financially distressed pension plans of more than 1.2 million U.S. workers, retirees and their families, ensuring they receive the retirement benefits they earned. 

October 18, 2024

Department of Labor to hold ERISA Advisory Council meeting Oct. 22

WASHINGTON – The Department of Labor will hold its next meeting of the 2024 Advisory Council on Employee Welfare and Pension Benefit Plans, also known as the ERISA Advisory Council, on Oct. 22. Open to the public, the online meeting is also accessible via teleconference.

September 26, 2024

Department of Labor sues principal of defunct Pennsylvania modular building manufacturer to remove company’s health plan fiduciary, restore losses

Date of action:           Sept. 22, 2024

Type of action:          Complaint

Court:                         

September 26, 2024

Court issues warrant for defunct Baltimore company’s owner’s arrest after repeated failure to restore $153K to employee 401(k) plan

Date of action:                       Sept. 25, 2024

Type of action:                      

Civil confinement of Bryan Hill, owner of defunct Bicallis LLC, arising from civil contempt

September 16, 2024

US Department of Labor marks 50th anniversary of landmark legislation protecting workers’ health, retirement plans with new webpage

WASHINGTON – The U.S. Department of Labor today announced the launch of a webpage that marks the 50th anniversary of the Employee Retirement Income Security Act and reflects on the landmark law’s impact on the retirement security of America’s workers. 

September 13, 2024

US Department of Labor sues R.B. Pamplin Corporation and owner to recover millions in retirement funds for pension plan participants

PORTLAND, OR  The U.S. Department of Labor has filed suit in the U.S. District Court for the District of Oregon against Dr. Robert B. Pamplin Jr. and R.B. Pamplin Corporation for jeopardizing millions of dollars in retirement funds for thousands of employees because of the unlawful acquisition of company-owned real estate by the R.B. Pamplin Corporation and Subsidiaries Pension Plan.