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What is Labor Department Sues Minn. Landscaper about?
The U.S. Department of Labor sued British Landscapes, Ltd. and its 401(k) plan trustee to recover $3,850.51 in unpaid employee contributions. British Landscapes failed to deposit $14,298.78 in salary reduction contributions to the 401(k) plan between January 2000 and September 2000. The lawsuit seeks to require repayment of withheld employee funds plus interest and to bar the trustee from serving as a fiduciary to any ERISA plan in the future. The Labor Department encourages employers to self-correct throug
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