California Employment Law
California Employment Law Questions Answered by Legal Experts
The Employee Retirement Income Security Act (ERISA) requires employers to transfer 401k contributions not later than the 15th business day of the month following the month in which those contribution amounts were received. Under some circumstances, an employer may get an extension of up to 10 business days.
In case of violation employees may file a complain to the Department of Labor or sue the employer in civil court. You can write the DOL here:
U.S. Department of LaborEmployee Benefits Security AdministrationOffice of the Chief Accountant200 Constitution Avenue, NW, Suite N-5510Washington, DC 20210
For more information regarding how to report 401k violations, visit this link: http://www.dol.gov/ebsa/erisa_enforcement.html
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