Tag: benefits

DOL Sues ESOP Fiduciaries for Failing to Protect Plan Assets

The U.S. Department of Labor (DOL) has filed a lawsuit against the fiduciaries of a Virginia-based employee stock ownership plan (ESOP), alleging the defendants failed to protect the assets of the plan as it purchased nearly $21 million in company shares from the president of Sentry Equipment Erectors Inc., who was also a trustee of […]

healthcare

Open Enrollment: How to Get the Most Out of It

By Bryan O’Malley, workplace expert at Care@Work and general manager of payments at Care.com Open enrollment season is upon us, which means HR leaders everywhere are striving to make sure their employees are well informed enough to make the best choices about their benefits.