ERISACourt RulingsNov 18, 1994★ strong match
… over 100 employees. The 1988 annual
report for each plan was due on July 31, 1989.
On February 19, 1991, the DOL notified Spalding that the
annual reports filed for 1988 for the three plans were deficient
because these plans were not exempt from the requirements that
plans with 100 or more participants must attach a r…
ERISACourt RulingsFeb 1, 1993
h 13, 1991, attorney
Richard B. Fellows responded on Respondent's behalf by letter to
Joseph Roberts of DRC, referencing a telephone conversation with r. Roberts on March 13, 1991, and advising that steps were being
taken to compile an accountant's report, and an attempt would be
made to file these accountant's reports…
ERISACourt RulingsJul 26, 1995
…e
under the penalties of perjury.
TYCOR responded to the Notice of Intent by letter dated
April 12, 1991. This letter enclosed the Statement of Net Assets
in comparative format, a Schedule of Assets Held for Investment,
and a Schedule of Reportable Transactions, along with another
copy of the previously submitted IQPA'…
81 FR 21181 — Amendment to and Partial Revocation of Prohibited Transaction Exemption (PTE) 86-128 for Securities Transactions Involving Employee Benefit Plans and Broker-De… ERISAFinal Rules (FR)Apr 8, 2016related by meaning
tion.
Back to Citation
14.
67 FR 64137 (October 17, 2002).
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15.
See
Advisory Opinion 2011-08A (June 21, 2011).
Back to Citation
16. As noted above, for purposes of this amendment, the terms “Individual Retirement Account” or “IRA” mean any account or annuity described in Code section 4975(e)(1)(B) t…
90 FR 3667 — Prohibited Transaction Exemption (PTE) 2002-51 To Permit Certain Transactions Identified in the Voluntary Fiduciary Correction Program ERISAFinal Rules (FR)Jan 15, 2025related by meaning
e use of the SCC and suggested that the Department should allow self-correctors to choose whether (a) to provide notice to interested persons (but
not to EBSA) or (b) make the plan contribution. After considering these comments, the Department has not made this change. Self-correctors have a streamlined procedure for s…
81 FR 21147 — Amendment to and Partial Revocation of Prohibited Transaction Exemption (PTE) 84-24 for Certain Transactions Involving Insurance Agents and Brokers, Pension Co… ERISAFinal Rules (FR)Apr 8, 2016related by meaning
Document Headings
Document headings vary by document type but may contain
the following:
the agency or agencies that issued and signed a document
the number of the CFR title and the number of each part
the document amends, proposes to amend, or is directly
related to
the agency docket number / agency internal file numb…
ERISACourt RulingsFeb 2, 1993
…"Portfolio Summary" as of December 31,
1988 that is summarized above.
By a letter dated January 11, 1991, Ft/BA gave
notice to Respondent that it intended to assess a penalty for the
continued failure to submit a satisfactory annual report, one which
included an independent audit opinion. Respondent replied on
February…
ERISACourt RulingsSep 27, 1993
…owing the receipt of the above
mentioned letters, Braniff informed DOL by letter dated February 22, 1991, that it was advised by its accountant that no IQPA report
was required with its filings of the annual reports due to the
plans' funding arrangement under a 501(c)(9) trust (Joint Exhibit
4).
10. On September 6, 199…
89 FR 32260 — Amendment to Prohibited Transaction Exemption 2020-02 ERISAFinal Rules (FR)Apr 25, 2024related by meaning
Document Headings
Document headings vary by document type but may contain
the following:
the agency or agencies that issued and signed a document
the number of the CFR title and the number of each part
the document amends, proposes to amend, or is directly
related to
the agency docket number / agency internal file numb…
ERISACourt RulingsMay 30, 1995
…by both parties. In addition,
DOL submitted Complainant's Brief on March 10, 1995, and
Respondent's Memorandum of Law in Opposition to Complainant's
Assessment of Civil Penalty was filed on March 13, 1995.
[Page 2]
Findings of Fact
The parties filed a Joint Statement of Facts
Not in Dispute that are incorporated herein…
89 FR 32346 — Amendment to Prohibited Transaction Exemptions 75-1, 77-4, 80-83, 83-1, and 86-128 ERISAFinal Rules (FR)Apr 25, 2024related by meaning
nd in its text, PTE 2020-02 has been broadly amended to encompass compensation for advice irrespective of the product recommended.
Back to Citation
6. ERISA section 408(a) and Code section 4975(c)(2), expressly permit the Department (through the Reorganization Plan No. 4 of 1978) to grant “a conditional or uncondition…
81 FR 21139 — Amendment to Prohibited Transaction Exemption (PTE) 75-1, Part V, Exemptions From Prohibitions Respecting Certain Classes of Transactions Involving Employee Be… ERISAFinal Rules (FR)Apr 8, 2016related by meaning
under section 4975 of the Code] is hereby transferred to the Secretary of Labor”).
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9.
29 CFR 2550.408b-2(e); 26 CFR 54.4975-6(a)(5). Back to Citation
10.
See
PTE 86-128, Exemption for Securities Transactions Involving Employee Benefit Plans and Broker-Dealers, 51 FR 41686 (November 18, 1986), as ame…
89 FR 32302 — Amendment to Prohibited Transaction Exemption 84-24 ERISAFinal Rules (FR)Apr 25, 2024related by meaning
Document Headings
Document headings vary by document type but may contain
the following:
the agency or agencies that issued and signed a document
the number of the CFR title and the number of each part
the document amends, proposes to amend, or is directly
related to
the agency docket number / agency internal file numb…
ERISACourt RulingsApr 27, 1995
…to as "the Respondent"] for the late filing
of annual reports for fiscal years 1988, 1989, 1990 and 1991.
Under Section 104(a)(1)(A) of ERISA, the administrator of an
employee benefit plan is required to file an annual report within
210 days of the close of the plan year. The annual report appears
as a completed Form 5…
ERISADOL Technical Releasesrelated by meaning
1991).
Signed at Washington, DC, this 28th day of May 1992
Alan D. Lebowitz
Deputy Assistant Secretary for Program Operations
U.S. Department of Labor Pension and Welfare Benefits Administration
ERISACourt RulingsMar 29, 1995
…n also advised Respondent that he had a
45 day penalty-free period within which to file a corrected 1991
Annual Report. EX 2.
5. On November 26, 1993, Respondent informed PWBA that a IQPA
had been retained to audit the Fund and prepare a corrected 1991
Annual Report. Respondent stated that the new audit would be
submit…
90 FR 28004 — Removal of Interpretive Bulletins Relating to the Employee Retirement Income Security Act of 1974 ERISAFinal Rules (FR)Jul 1, 2025related by meaning
977) (“The attention of interested parties is directed to the fact that regulation 2550.408c-2 replaces Interpretive Bulletin 75-6”).
Back to Citation 7.
41 FR 3289 (Jan. 22, 1976).
Back to Citation
8.
43 FR 47713 (Oct. 17, 1978). Congress subsequently ratified Reorganization Plan No. 4 in 1984. See Sec. 1, Public La…
ERISACourt RulingsAug 25, 1995related by meaning
. Kelly, 465 F. Supp. at 354.
Taggart owned 91.2 percent of Respondent, AMCI. By causing
this transaction, Respondent Taggart effectively acted on his behalf as well as on behalf of the MPEHA Board of Managers.
These conflicting loyalties meant that he could not exercise his
best judgment solely in the interest of MPEH…
87 FR 45204 — Proposed Amendment to Prohibited Transaction Class Exemption 84-14 (the QPAM Exemption) ERISAProposed Rules (FR)Proposed Jul 27, 2022related by meaning
r desires to enter into a party in interest transaction with its plan but leaves the ultimate determination and review to a QPAM.
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37. Proposed Amendment to PTE 84-14, 68 FR 52419, 52423 (Sept. 3, 2003).
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38.
For purposes of these changes, the Department used March 1984 and December 20…
ERISARegulationsJan 1, 2017related by meaning
(c) (c) To the extent that prior opinions and interpretations relating to 13(c) are inconsistent with the principles stated in this part, they are hereby rescinded and withdrawn.