Excerpt: While it is hard to picture the term 'criminal penalties' in conjunction with mundane things like SPDs, SARs, Form 5500 filings and other run-of-the-mill benefit plan documents, there is potential liability when fiduciaries fail in their duties under the plan. When the Department of Labor (DOL) uncovers egregious behavior involving benefit plans, they have historically brought criminal charges under three sections of ERISA and three sections of the United States Criminal Code.  MORE >>