Company Exec Sentenced for Embezzling Retirement Funds
December 1, 2010 (PLANSPONSOR.com) - Gary L. Merritt, vice president of Bemcore Inc. of Dayton, Ohio, has been sentenced by...
Tag: Department of Labor (DOL)
DoL Sues Trustee for Misuse of Plans’ Assets
November 29, 2010 (PLANSPONSOR.com) - The U.S. Department of Labor has sued trustee Colette Mordo for alleged misuse of more...
EBSA Unveils Target-Date Disclosure Proposal
November 29, 2010 (PLANSPONSOR.com) – Federal regulators on Monday released a long-awaited rule to require more disclosures about target-date funds.
EBSA Releases DB Funding Notice Proposed Rule
November 17, 2010 (PLANSPONSOR.com) – Federal regulators have released a proposed rule clarifying section 101(f) of the Employee Retirement Income...
Can a Postcard Furnish an SPD Solution?
November 15, 2010 (PLANSPONSOR.com) – Plan sponsors hoping for a simpler, easier way to satisfy the obligation...
EBSA Cracking Down on Contributions not Deposited
November 16, 2010 (PLANSPONSOR.com) - The U.S. Department of Labor's Employee Benefits Security Administration announced a series of enforcement actions...
Benefits |
A Rebuilding Year for DC Plans?
November 15, 2010 (PLANSPONSOR.com) - Just a year after a number of high-profile employers chose to suspend...
DoL Blasts 9th Circuit for Prudence Presumption Endorsement
November 10, 2010 (PLANSPONSOR.com) – Lawyers representing Labor Secretary Hilda L. Solis have asked the 9th U.S. Circuit Court of...
Former CEO Ordered to Restore $57K to 401(k) Participants
November 9, 2010 (PLANSPONSOR.com) – The former CEO of Leading Technology Services Corp. (LTS) was sentenced to prison and ordered...
Supermarket Chain Agrees to Restore $8M to 401(k) Plan
November 8, 2010 (PLANSPONSOR.com) - C&K Market Inc. of Brookings, Oregon, has agreed to restore $3 million in cash plus...
DoL Sues Defunct Landscaper Over Diverted Plan Assets
November 2, 2010 (PLANSPONSOR.com) – The U.S. Department of Labor (DoL) has sued the owner of a defunct Rhineland, Missouri, landscaping...
Union Plan Trustees Ordered to pay $439K
November 1, 2010 (PLANSPONSOR.com) – The current and former trustees of several retirement, health and welfare plans of the International...
Former EBSA Secretary Raises Questions on Fiduciary Definition Change
October 21, 2010 (PLANSPONSOR.com) – The former Assistant Secretary of the Department of Labor’s Employee Benefit Security Administration (EBSA) said...
EBSA Answers Questions on Proposed Fiduciary Definition Change
October 21, 2010 (PLANSPONSOR.com) – In a press call on the Department of Labor’s newly proposed revised definition of fiduciary...
Auditors Suggest EBSA Could Do More about Conflicts of Interest
October 4, 2010 (PLANSPONSOR.com) – An audit report claims the Department of Labor’s Employee Benefits Security Administration (EBSA) could do...
Opinions |
IMHO: "Wrong" Headed?
In this as, perhaps, many professional endeavors, it seems that the more you know, the more you know you...
EBSA Unveils Online ERISA Exemption Listing
August 2, 2010 (PLANSPONSOR.com) – The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) has launched an online index...
DoL Says no Extension to Form 5500 Deadline
July 30, 2010 (PLANSPONSOR.com) - The Department of Labor has decided not to grant a blanket extension for filers of...
EBSA Announces Fiduciary Seminar in Philadelphia
July 28, 2010 (PLANSPONSOR.com) - The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) is taking its “Getting It...
Solis Opposes ERISA Statute of Limitations Argument
July 27, 2010 (PLANSPONSOR.com) – The three-year statute of limitations under the Employee Retirement Income Security Act (ERISA) kicks off...