Employer to Pay $500K for Failing to Monitor TPA
July 18, 2012 (PLANSPONSOR.com) - A federal judge has ordered the president of Columbus-based Clark Graphics, Mary Clark, to restore...
Tag: DOL
Pension Fund to Correct for Improper Plan Loans
July 12, 2012 (PLANSPONSOR.com) - A federal judge in Chicago has signed a consent order to resolve a lawsuit between...
DOL Claims Association Received Excessive Compensation
July 5, 2012 (PLANSPONSOR.com) - The National Rural Electric Cooperative Association (NRECA) has agreed to restore $27,272,727 to three association-sponsored...
EBSA to Hold Fiduciary Workshop in S.C.
July 5, 2012 (PLANSPONSOR.com) - The Department of Labor’s Employee Benefits Security Administration (EBSA) announced a workshop in South Carolina...
DOL Sues LifeCare of Alabama
June 26, 2012 (PLANSPONSOR.com) – The Department of Labor (DOL) is suing a private ambulance service and its CEO for...
EBSA Offers Compliance Workshop in Florida
June 21, 2012 (PLANSPONSOR.com) – The Department of Labor’s Employee Benefit Security Administration (EBSA) is offering a free workshop in...
DOL Secures 401(k) Funds from Government Contractor
June 18, 2012 (PLANSPONSOR.com) – The former CEO of a defunct Southern California electrical contractor has agreed to restore more...
PSNC 2012: The New Fiduciary
June 12, 2012 (PLANSPONSOR.com) – Distinguishing between education and advice is among the most difficult issues when updating the definition...
DOL Frees Assets for 401(k) Plan
May 24, 2012 (PLANSPONSOR.com) – Following a lawsuit, the U.S. Department of Labor appointed an independent fiduciary to manage a...
DOL Recovers Retirement Plan Assets for Participants
May 21, 2012 (PLANSPONSOR.com) – Two companies have settled lawsuits with the Department of Labor (DOL), agreeing to restore retirement...
DOL Notes a Change to Recent Fee Disclosure Guidance
May 18, 2012 (PLANSPONSOR.com) - The Department of Labor’s Employee Benefits Security Administration made a technical correction to recently released...
Plan Administrator Steals Retirement Funds to Purchase Resort
May 16, 2012 (PLANSPONSOR.com) - The U.S. Department of Labor has filed a complaint in a federal court in Idaho...
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Principal Resource Evaluates Retirement Plan Fees
May 15, 2012 (PLANSPONSOR.com) - The Principal Financial Group created an online resource to help plan sponsors understand the new...
EBSA Hosts Fiduciary Seminars in Boston and NYC
May 9, 2012 (PLANSPONSOR.com) – The Department of Labor’s Employee Benefits Security Administration (EBSA) scheduled two “Getting it Right: Know...
DOL Issues Additional Guidance for Participant Fee Disclosures
May 7, 2012 (PLANSPONSOR.com) - The Department of Labor’s Employee Benefits Security Administration (EBSA) issued frequently asked questions about the...
Covering Non-Profits under State Plan Changes Governmental Status
May 2, 2012 (PLANSPONSOR.com) – Covering employees of non-profit organizations would affect the status of Connecticut’s health plan for public...
DOL Hosts Fiduciary Responsibilities Seminar in Dallas
May 2, 2012 (PLANSPONSOR.com) – The Department of Labor (DOL) is hosting a “Getting It Right – Know Your Fiduciary...
Groups Seek Grace Period for Fee Disclosure Regulations
May 1, 2012 (PLANSPONSOR.com) - A coalition of organizations asked the Department of Labor (DOL) to institute a one-year transition...
ABG Wants Clarity for Advisers about Participant Fee Disclosure
May 1, 2012 (PLANSPONSOR.com) - Alliance Benefit Group (ABG) asked the Department of Labor to clarify certain aspects of the...
Cellular Company Owner Accused of Misusing ESOP
April 25, 2012 (PLANSPONSOR.com) - The U.S. Department of Labor filed a lawsuit seeking to recover losses suffered by participants...