DOL Investigation results in restoration of $2 million in pension benefits to 515 California truck drivers

Lange Trucking Inc., a California company, employs 515 truck drivers under a federal U.S. Postal Service contract.  Under the McNamara-O’Hara Service Contract Act, federal contractors must pay their service workers at least the prevailing rate for benefits in the company’s locality.  In violation of the federal act, Lange Trucking Inc. failed to fully fund its truck drivers’ 401(k) plan.  A DOL investigation resulted in the restoration of $1,979,779 in 401(k) pensions to 515 truck drivers.  The company is prohibited from entering into a federal service contract with any U.S. agency for the next three years.  To read more about the investigation, click here.  For pension and 401(k) help, click here.