US - Former Rycenga Homes trustee and president Ronald Retsema has been ordered to pay more than US$1.1m into the company's 401(k) plan and been barred from serving as a fiduciary to employee benefit plans.
The judgement stems from a lawsuit filed by the Department of Labor (DoL) that alleged Retsema violated the Employee Retirement Income Security Act between August 1992 and May 2004 by transferring ...
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