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The Labor Department is putting new teeth into its rules that require employers to deposit employee 401(k) contributions by the 15th business day of the month following the month in which the employee contributions are made.
Previously, the U.S. Labor Department's Wage and Hour Division focused most of its audit efforts on selected low-wage industries with immigrant work forces and high rates of labor-law violation, such as health care, agriculture and garment manufacturing. New targets include manufacturing and service industries.