Employee Benefits Security Administration

Read more about the article Court issues warrant for defunct Baltimore company’s owner’s arrest after repeated failure to restore $153K to employee 401(k) plan

Court issues warrant for defunct Baltimore company’s owner’s arrest after repeated failure to restore $153K to employee 401(k) plan

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Date of action:                       Sept. 25, 2024 Type of action:                       Civil confinement of Bryan Hill, owner of defunct Bicallis LLC, arising from civil contempt Court:                                      U.S. District Court for the District of Maryland in Baltimore Background:                           An investigation by the department’s Employee Benefits Security Administration found the company and its owner

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Read more about the article US Department of Labor marks 50th anniversary of landmark legislation protecting workers’ health, retirement plans with new webpage

US Department of Labor marks 50th anniversary of landmark legislation protecting workers’ health, retirement plans with new webpage

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WASHINGTON – The U.S. Department of Labor today announced the launch of a  webpage that marks the 50th anniversary of the Employee Retirement Income Security Act and reflects on the landmark law’s impact on the retirement security of America’s workers.  The webpage traces the history of ERISA and its protections of the health, retirement savings and

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Read more about the article Department of Labor, Mexican Embassy kick off Labor Rights Week 2024, commemorate Consular Partnership Program’s 20th anniversary

Department of Labor, Mexican Embassy kick off Labor Rights Week 2024, commemorate Consular Partnership Program’s 20th anniversary

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WASHINGTON – U.S. Department of Labor officials and representatives from the Mexican Embassy and other diplomatic missions joined today to mark Labor Rights Week 2024 with an event promoting  migrant workers’ rights and how the department is safeguarding these rights.  Co-sponsored by the Embassy of Mexico, the event included remarks from department leaders, U.S. government officials

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Read more about the article Court orders Minnesota IT company to restore $29K in employee retirement plan contributions, bars employer from operating plan

Court orders Minnesota IT company to restore $29K in employee retirement plan contributions, bars employer from operating plan

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Date of Action:          July 19, 2024                                                                                                

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Read more about the article US Department of Labor launches online filing system for termination administrators to submit information on abandoned employee benefits plans

US Department of Labor launches online filing system for termination administrators to submit information on abandoned employee benefits plans

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WASHINGTON – The Department of Labor today announced its  Employee Benefits Security Administration has launched an online system to help qualified termination administrators more efficiently submit information required by the department’s Abandoned Plan Program. Since 2006, the program has enabled benefit distributions to be made to participants and beneficiaries of individual account retirement plans, such as 401(k)

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