ERISACourt RulingsNov 18, 1994
… 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).
Back to Citation
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…
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…
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”).
Back to Citation
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…
ERISACourt RulingsApr 27, 1995★ strong match
…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…
ERISACourt RulingsFeb 22, 2000★ strong match
he failure to deliver the Annual Report Form
5500 C/Rs by November 13, 1998, which were delivered five days late
on November 18, 1998
15,000.00
Total: $53,062.00
IT IS THEREFORE ORDERED that:
1. In the event that the Respondent pays to
the Complainant the 1% of the $2,096,200.00 penalty, the previously
negotiated civil…
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 32302 — Amendment to Prohibited Transaction Exemption 84-24 ERISAFinal Rules (FR)Apr 25, 2024related by meaning
…s Security Administration
29 CFR Part 2550
[Application No. D-12060]
ZRIN 1210-ZA33
( printed page 32302)
AGENCY:
Employee Benefits Security Administration, U.S. Department of Labor.
ACTION:
Amendment to Prohibited Transaction Exemption 84-24.
SUMMARY:
This document contains a notice of amendment to Prohibited Transact…
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…
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…
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…
ERISADOL Technical ReleasesMay 8, 1991★ strong match
public inspection in the EBSA Public Disclosure Room, N-1515, 200 Constitution Avenue, N.W., Washington, D.C. 20210.
Paperwork Reduction Act Statement According to the Paperwork Reduction Act of 1995 (Pub. L. 104-13) (PRA), no persons are required to respond to a collection of information unless such collection display…
80 FR 22021 — Proposed Amendment to and Proposed Partial Revocation of Prohibited Transaction Exemption (PTE) 86-128 for Securities Transactions Involving Employee Benefit P… ERISAProposed Rules (FR)Proposed Apr 20, 2015related by meaning
s) earned in connection with the transactions covered by the exemption.
Back to Citation
7.
67 FR 64137 (October 17, 2002).
Back to Citation
8.
See Advisory Opinion 2011-08A (June 21, 2011).
Back to Citation
9.
This proposal would move the definitions from Section I to Section VII. The other sections are re-ordered…
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…
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.
Back to Citation
37. Proposed Amendment to PTE 84-14, 68 FR 52419, 52423 (Sept. 3, 2003).
Back to Citation
38.
For purposes of these changes, the Department used March 1984 and December 20…
ERISACourt RulingsJan 20, 1998★ strong match
over its proceeds,
including accrued interest, into CD No. 11813-17572 in the amount
of $249,683.99 issued by TC; this CD was pledged as collateral on Loan No. 1310001 on October 15, 1987.10 Ex. C10 & C11. On
October 19, 1987, CD No. 11813-17493 matured, and Respondents
rolled its proceeds over into CD No. 11813-17579 …