Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Retirement Plan Administrator

Nicholas Pension Consultants
(Remote / Rancho Cordova CA / Corona CA)

Nicholas Pension Consultants logo

Fund Reconciliation and Reorg Analyst

Ubiquity Retirement + Savings
(Remote / San Francisco CA)

Ubiquity Retirement + Savings logo

Director- Employee Health Plan

Indiana University Health
(Indianapolis IN)

Indiana University Health logo

Policy Researcher, Analyst, and Writer

Policy Futures Network
(Remote / Washington DC)

Inquisitive DC Account Manager

Nova 401(k) Associates
(Remote / Houston TX / Scottsdale AZ)

Nova 401(k) Associates logo

Retirement Plan Administrator

Hessel & Associates, LLC
(Remote / IL)

Hessel & Associates, LLC logo

Project Coordinator/New Business Implementation Team

The Retirement Plan Company (TRPC)/an ABG firm
(Remote)

The Retirement Plan Company (TRPC)/an ABG firm logo

Retirement Plan Administrator

Retirement Solutions Specialists, LLC
(Remote / Jacksonville FL)

Retirement Solutions Specialists, LLC logo

401(k) Plan Analyst

Evergreen Retirement Plan Consulting, LLC
(Remote)

Evergreen Retirement Plan Consulting, LLC logo

Compliance Analyst - Defined Contribution Plans

M2B Retirement Consulting LLC
(Remote / PA)

M2B Retirement Consulting LLC logo

Enrolled Actuary - Pensions

Robin S. Weingast & Associates
(Remote / Garden City NY / CT / NJ)

Robin S. Weingast & Associates logo

Head of Sales-Retirement Plans

The Standard
(Remote / Portland OR)

The Standard logo

Assistant Director of Pension Administration

Primark Benefits
(Remote / San Mateo CA)

Primark Benefits logo

DB/DC Administrator

Primark Benefits
(Remote / San Mateo CA)

Primark Benefits logo

Internal Accounting Specialist

July Business Services
(Remote)

July Business Services logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile App image LinkedIn icon
Twitter icon
Facebook icon

Press Releases by Date   |   Press Releases by Company Name


View More Press Releases by Employee Benefits Security Administration [EBSA], U.S. Department of Labor

Press Release

US Labor Department files suit against former chief executive of Baltimore Behavioral Health to restore employee retirement plan contributions

Issued by Employee Benefits Security Administration [EBSA], U.S. Department of Labor

Nov. 19, 2017

BALTIMORE – The U.S. Department of Labor has sued William Kristen Hathaway, former chief executive officer of Baltimore Behavioral Health Inc. and fiduciary to the company’s retirement plan, for failing to remit employee contributions, in violation of the Employee Retirement Income Security Act.

The suit resulted from an investigation by the Washington District Office of the department’s Employee Benefits Security Administration. The investigation found that from October 2009 through April 2010, Hathaway failed to remit employee contributions to the plan, remitted certain employee contributions late without interest and failed to segregate the plan’s assets from the general assets of the company.

“The defendant’s failure to properly remit these contributions clearly demonstrates a breach of fiduciary duty,” said Marc Machiz, EBSA’s regional administrator in Philadelphia. “This case underscores our commitment to hold fiduciaries accountable when they fail to act in the best interests of plan participants.”

Filed in the U.S. District Court for the District of Maryland, the suit seeks to restore to the plan all losses, including interest and opportunity costs, and to appoint an independent fiduciary with the authority to manage and administer the plan. The suit also seeks to permanently bar Hathaway from serving in a fiduciary capacity to any employee benefit plan covered by ERISA and to cover the cost of the independent fiduciary.

Baltimore Behavioral Health is a provider of mental health and drug treatment services.

Employers and workers can reach EBSA’s Washington District Office at (202) 693-8700 or toll-free at 866-444-3272 for help with problems relating to private sector retirement and health plans. Additional information can be found at www.dol.gov/ebsa.

Perez v. Hathaway
Civil action number: 1:13-cv-03253-WMN

View More Press Releases by Employee Benefits Security Administration [EBSA], U.S. Department of Labor


Editor's note: This press release has been issued by the company named above, not BenefitsLink. Reliance on information in this press release might be prudent only after an independent review of its accuracy, completeness, efficacy, and timeliness. Reference to any specific commercial product, process, or service by trade name, trademark, service mark, manufacturer, or otherwise does not constitute or imply endorsement, recommendation, or favoring by BenefitsLink.

© 2022 BenefitsLink.com, Inc.