Compliance Update
Compliance Update
Summaries of the latest news from Washington and the courts—what’s coming, what’s contemplated and what’s critical for plan sponsors to know
Reported by PS
Art by David Han
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OIRA has canceled its final meetings on the proposal, and a final rule is considered likely for early next week.
DOL Requests Approval of Settlement in Pennsylvania Mushroom Farm Case
The action would appoint an independent administrator and distribute assets to the profit-sharing plan’s participants.
After DOJ Criminal Sentence, DOL Sues Profit-Sharing Plan of Pennsylvania Mushroom Farmer
Department of Labor brings a lawsuit against the profit-sharing plan of a criminally indicted Pennsylvania mushroom farm retirement plan.