Subscribe Now!
Free Daily News, Jobs, Webcasts, Discussions
Display and Distribute
Your Job Openings
COVID-19 News
COVID-19 Webcasts

Featured Jobs

401(k) Plan Administrator -- Sign-on bonus!

Blue Ridge ESOP Associates
(Telecommute)

Blue Ridge ESOP Associates logo

Document Specialist

Definiti
(Telecommute / University Place WA / The Woodlands TX / Erie PA / Dallas TX / FL)

Definiti logo

Retirement Plan Distribution Specialist

Karel-Gordon & Associates
(Northbrook IL)

Karel-Gordon & Associates logo

Manager, Defined Contribution Administration

Definiti
(Telecommute / The Woodlands TX / University Place WA / Dallas TX / Erie PA / Canonsburg PA / West Palm Beach FL)

Definiti logo

ESOP Administrator -- Sign-on bonus!

Blue Ridge ESOP Associates
(Telecommute)

Blue Ridge ESOP Associates logo

Retirement Plan Administrator

Carpenter Morse Group
(Telecommute / Longwood FL)

Carpenter Morse Group logo

Retirement Plan Administrator

Atlantic Pension Services Inc
(Telecommute / Kennett Square PA)

Atlantic Pension Services Inc logo

Client Manager

CMC Pension Professionals
(Telecommute / CA)

CMC Pension Professionals logo

Associate

Actuarial Benefits & Design Company
(Telecommute / VA)

Retirement Plan Consultant

Definiti
(Telecommute / Dallas TX / University Place WA / The Woodlands TX)

Definiti logo

Pensions Plan Administrator

Quantech Pensions LLC
(Anaheim CA)

Free Daily News and Jobs

“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

By Date   |   By Company Name


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

Press release:

DOL Obtains Consent Judgment to Appoint an Independent Fiduciary for Abandoned Retirement Plan in Columbia, South Carolina

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

Date: June 30, 2016

Date of Action: June 2, 2016
June 13, 2016

Type of Action: Complaint, consent judgment and order

Name of Defendants: Greater Columbia OB-GYN P.A.
Estate of Dr. Susan Keeshan

Allegations: Dr. Susan Keeshan served as trustee and acted as plan administrator for the Greater Columbia OB-GYN P.A. Profit Sharing Plan. The company ceased operations soon after Keeshan’s death on June 25, 2013, leaving the plan abandoned with no active fiduciary. As a result, plan participants have been unable to secure their retirement benefits. The plan currently has 10 participants with assets totaling approximately $108,000 to be distributed.

Resolution: The department seeks the court to appoint an independent fiduciary at the plan’s expense for the purpose of terminating the plan and distributing its assets. The department entered into a consent judgment with the executor of Keeshan’s estate to appoint AMI Benefit Plan Administrators Inc. of Youngstown, Ohio as the independent fiduciary.

Court:  U.S. District Court for the District of South Carolina, Columbia Division

Docket Number:

BL:hh

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


This is a press release issued by the company named above. BenefitsLink is not the author. Use of any information obtained from this release is voluntary, and reliance on it should only be undertaken 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.

© 2021 BenefitsLink.com, Inc.