Waite Park HVAC Company Ordered to Repay $9,259 for Mishandling Employee Retirement Funds
(KNSI) – A Waite Park HVAC company has been ordered to repay its employee retirement plans after being found to misshandle workers contributions.
In July 2023, the United States Department of Labor filed a lawsuit after an investigation by the Employee Benefits Security Administration alleged Dierkes Heatng and Air failed to act as fiduciaries by keeping employee contributions in the company’s corporate bank account for up to 354 days,