The Children’s Place Inc. (CPI) may be a fun spot for kids, but it’s apparently a lousy place to be an employee covered under the company health plan.
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According to a new press release put out by the U.S. Department of Labor’s Employee Benefits Security Administration (EBSA), the EBSA filed a complaint against the Bradenton, Florida-based company’s Welfare Benefit Plan, as well as plan administrator Hendrik Johannes Lamprecht, in 2014.
The complaint alleges CPI and Lamprecht withheld a total of $14,193 in employee premium contributions from employees’ pay, and then failed to forward the withholdings to the welfare benefit plan. In doing so, the defendants violated the Employment Retirement Income Security Act (ERISA).