After deciding in February that Reppert, Inc. failed to provide certain documents to a 401(k) participant who requested them, in violation of the Employee Retirement Income Security Act (ERISA), U.S. District Judge James Knoll Gardner, of the U.S. District Court for the Eastern District of Pennsylvania, has ordered the plan to pay a total of $15,959 in restitution. Gardner also found that the Reppert Inc. 401(k) plan did not file required financial audits with its Form 5500 in certain years, and that the plan’s recordkeeper was not liable for the audits not being filed.Read more > |