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Violation Tracker Individual Record

Company: Ken-Co Fabricating Co. Inc
Penalty: $40,436
Year: 2024
Date: February 8, 2024
Offense Group: employment-related offenses
Primary Offense: benefit plan administrator violation
Violation Description: An investigation by the department’s Employee Benefits Security Administration determined that around October 2017, the defendants established a fully insured health and welfare plan offered to all eligible company employees of the custom steel, aluminum, automotive and industrial paint shop. EBSA investigators found that from August 2019 through October 2020, the defendants failed to make required premium payments for coverage but continued to deduct premiums from the plan’s beneficiaries, in violation of the Employee Retirement Income Security Act of 1974.
Level of Government: federal
Action Type: agency action
Agency: Employee Benefits Security Administration
Civil or Criminal Case: civil
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.