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Court Orders Health Plan Administrator, Owner to Pay More Than $1.3M to Restore Losses to Health Plans in MEWA
Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL] 
Apr. 30, 2026 "The complaint alleged Apex Management Group I Inc.... operated a multiple employer welfare arrangement that provided essential minimum coverage health plans to hundreds of small employers ... In its complaint, the [DOL] alleged Apex and [one of its owners] acted as fiduciaries to each plan, violated their fiduciary duties, and engaged in prohibited transactions by causing the plan assets of some of the plans to be used to pay claims of other plans, comingling assets of unrelated plans, and causing plans to pay undisclosed and excessive compensation to Apex -- all in violation of ERISA." [Sonderling v. Apex Management Group I, Inc., No. 24-3609 (N.D. Ill. Apr. 28, 2026)] MORE >> |
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