The Department of Labor has sued Chimes District of Columbia, Inc., affiliated companies, company executives and employee benefit plan service providers, saying that an employee benefit plan sponsored by Chimes DC forked over millions in excessive fees.
The nonprofit Chimes DC employs disabled workers who provide janitorial and custodial services under multiple taxpayer-funded government contracts.
DOL said that an investigation by its Employee Benefits Security Administration found that Chimes DC, its parent company Chimes International and executives Martin Lampner and Albert Bussone violated the Employee Retirement Income Security Act by getting a Chimes DC health and welfare plan to pay millions in excessive fees—some to the plan’s third-party administrator, FCE Benefits Administrators, Inc. and some to another company, Benefits Consulting Group.
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