-
By Paula Aven Gladych |
May 17, 2012
The administrator allegedly used more than $3.2 million from the retirement plan savings of workers from many employers for his own personal expenses.
-
By Amanda McGrory |
May 15, 2012
The U.S. Department of Labor and Los Angeles-based Western Mixers Inc., a fruit and nut company, have reached an agreement to restore a total of $1,287,901 to the company's pension plan.
-
By Paula Aven Gladych |
April 19, 2012
Morgan Keegan and Co. Inc. has agreed to pay $633,715 to 10 pension plans covered by the Employee Retirement Income Security Act.
-
By Paula Aven Gladych |
April 19, 2012
The U.S. Department of Labor’s Employee Benefits Security Administration will hold a free retirement savings forum on Saturday, April 28, from 12:30 to 3:30 p.m. EDT at Spelman College Albro-Falconer-Manley Science Center, Room 134, in Atlanta, Ga.
-
By Amanda McGrory |
April 5, 2012
Explore General Inc. in Fresno, Calif., and Jaime M. Gonzalez, the company’s former CEO and president, have been ordered to pay $519,601 to the company's 401(k) profit-sharing plan, according to the terms of a judgment and order entered in the U.S. District Court for the Eastern District of California.
-
By Paula Aven Gladych |
February 28, 2012
The U.S. Department of Labor’s Advisory Council on Employee Welfare and Pension Benefit Plans, also known as the ERISA Advisory Council, will meet Tuesday, March 13, at Labor Department Headquarters in Washington, D.C.
-
By Amanda McGrory |
February 24, 2012
The U.S. Department of Labor has received a summary judgment ordering the defunct West Chester, Pa.-based Compass Capital Partners Ltd. and owner, Harris M. DeWese, to restore $661,206 to the company's retirement plan.
-
By Amanda McGrory |
February 10, 2012
The U.S. Department of Labor is suing Bethesda, Md.-based Dynasty Construction Inc. and owner John J. Barrett III for breaking fiduciary duty regarding the company's 401(k) plan.
-
By Chris Carosa |
December 16, 2011
Perhaps, after it’s all said and done, the end of the Mayan Calendar – the Year 2012 – will not mark the end of civilization as we know it. Maybe it just will just mark the beginning of the end of overpriced 401*(k) service providers.
-
By Paula Aven Gladych |
November 15, 2011
The U.S. Department of Labor’s Employee Benefits Security Administration created a new consumer assistance Web page that provides easy access to information and allows users to submit questions and complaints about health and retirement plans electronically.