Company accused of mishandling funds files for bankruptcy
KPUA.net - KPUA Hawaii News - Company accused of mishandling funds files for bankruptcy
It's official, Plan Compliance Group is now defunct. It will be interesting to hear the whole story, though I don't believe it will come out for quite awhile. I think it is sad for both school district employees, employers, TPA's, and Plan Compliance Group. I don't actually think PCG was a bad apple, they did a good job; it takes more than good intentions and a good job to run a business.
As always, I'll keep a watch on this an report on it from all sides.