Infrastructure and Energy Alternatives, Inc. on its own behalf and as Plan Administrator and Fiduciary of Infrastructure and Energy Alternatives, Inc. Employee Benefit Plan v. AXIM FRINGE SOLUTIONS GROUP, LLC, et al.

CourtDistrict Court, D. Maryland
DecidedDecember 18, 2025
Docket8:24-cv-01268
StatusUnknown

This text of Infrastructure and Energy Alternatives, Inc. on its own behalf and as Plan Administrator and Fiduciary of Infrastructure and Energy Alternatives, Inc. Employee Benefit Plan v. AXIM FRINGE SOLUTIONS GROUP, LLC, et al. (Infrastructure and Energy Alternatives, Inc. on its own behalf and as Plan Administrator and Fiduciary of Infrastructure and Energy Alternatives, Inc. Employee Benefit Plan v. AXIM FRINGE SOLUTIONS GROUP, LLC, et al.) is published on Counsel Stack Legal Research, covering District Court, D. Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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Infrastructure and Energy Alternatives, Inc. on its own behalf and as Plan Administrator and Fiduciary of Infrastructure and Energy Alternatives, Inc. Employee Benefit Plan v. AXIM FRINGE SOLUTIONS GROUP, LLC, et al., (D. Md. 2025).

Opinion

IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF MARYLAND

INFRASTRUCTURE AND ENERGY ALTERNATIVES, INC. on its own : behalf and as Plan Administrator and Fiduciary of Infrastructure : and Energy Alternatives, Inc. Employee Benefit Plan :

v. : Civil Action No. DKC 24-1268

: AXIM FRINGE SOLUTIONS GROUP, LLC, et al. :

MEMORANDUM OPINION Presently pending and ready for resolution in this Employee Retirement Income Security Act (“ERISA”) case is the motion for default judgment filed by Infrastructure and Energy Alternatives, Inc. (“Plaintiff” or “IEA”). (ECF No. 23). The issues have been briefed, and the court now rules, no hearing being deemed necessary. Local Rule 105.6. For the following reasons, the motion for default judgment will be denied and Plaintiff will be directed to show cause why the complaint should not be dismissed as to all defendants for failure to state a claim. I. Background A. Factual Background IEA is a corporation that “is the sponsor, Plan Administrator, and fiduciary of the Infrastructure and Energy Alternatives, Inc. Employee Benefit Plan (‘Plan’).” (ECF No. 1 ¶¶ 1–2). “The Plan provides health benefits to participants and beneficiaries of the Plan” and is governed by ERISA. (Id. ¶ 2). Axim Fringe Solutions Group (“Axim”) is a limited liability company that provides fiduciary and administrative services to ERISA plans. (Id. ¶¶ 3–

4). Axim’s Chief Executive Officer is James Campbell, who owns 98% of Axim, and its Director of Compliance Accounting is Melissa McManes. (Id. ¶¶ 5–6). On January 1, 2021, IEA entered into a Provider/Client Agreement with Axim in which Axim agreed to “provide[] fiduciary and administrative services to IEA and the Plan.” (Id. ¶¶ 4, 10). As part of its services, “Axim created and controlled trust accounts to which IEA forwarded contributions that were intended for the purpose of paying benefits and necessary expenses of the Plan.” (Id. ¶ 4). Mr. Campbell, as CEO of Axim, “was the named Trustee to the IEA Employee Welfare Benefit Plans Trust Agreement (‘Trust Agreement’), the Axim Fringe Solutions Master Trust

Agreement (‘Axim Master Trust Agreement’), and the sub-trust accounts that held the Plan assets.” (Id. ¶ 5). Among Axim’s other services, it administered benefits from the trust accounts, received and paid monthly insurance premium invoices, provided accounting and recordkeeping services, and assumed “responsibility for protecting the Plan assets in the Trust.” (Id. ¶ 16). IEA alleges that it “properly and timely funded the Trust” at all times “so that proper claims and expenses of the Plan could be 2 timely paid from Plan assets.” (Id. ¶ 18). Sometime later, IEA alleges, it “discovered and determined that Axim was not timely and properly paying claims and other legitimate expenses of the Plan.” (Id. ¶ 19). Instead, Axim, Mr. Campbell, and Ms. McManes

(collectively, “Defendants”) allegedly “misappropriated, improperly commingled, and/or transferred assets of the Plan to Defendants, other companies owned by [Mr.] Campbell, and/or sub- trusts for employers unrelated to IEA.” (Id. ¶ 22). In doing so, they allegedly “failed to properly apply and segregate [IEA’s] contributions to the Trust and sub-trusts established for the Plan.” (Id. ¶ 21). All the while, IEA posits, “Defendants actively concealed and misled IEA about their improper and illegal actions when responding to questions from IEA or the Plan’s vendors.” (Id. ¶ 26). Put simply, Axim, Mr. Campbell, and Ms. McManes “bill[ed] IEA for [their] services” but allegedly “failed to perform their obligations as Trustee.” (Id. ¶ 20).

Relatedly, the Secretary of Labor filed a complaint against Axim, Mr. Campbell, and Ms. McManes in this district on February 20, 2024, alleging in much greater detail similar misconduct by Defendants involving dozens of ERISA plans. Complaint, Su v. Axim Fringe Sols. Grp., LLC, No. 24-cv-483-LKG (D.Md. Feb. 20, 2024),

3 ECF No. 1.1 IEA states that it learned of the Secretary’s lawsuit before filing its complaint, (ECF No. 1 ¶ 23), but it is not clear whether IEA learned of Defendants’ alleged misconduct via the

Secretary’s lawsuit. On March 27, 2024, IEA informed Axim that it would terminate Axim’s services “based on Axim’s service failures, gross negligence, and fraud.” (Id. ¶ 27). On April 11, 2024, the termination took effect. (Id.). IEA asserts that it “need[ed] to separately fund payments of $1,882,178.86 due under the Plan.” (Id. ¶ 28). IEA instructed Defendants “to transfer the remaining amounts in the IEA Trust to a new account established for the Plan,” but Defendants did not do so. (Id.). B. Procedural Background Plaintiff filed its complaint against Axim, Mr. Campbell, and Ms. McManes on April 30, 2024. (ECF No. 1). The complaint contains four counts: breach of contract (Count I), injunctive relief to

prevent further dissipation of Plan assets (Count II), breach of fiduciary duty and injunctive relief under ERISA § 502(a)(2) and § 502(a)(3), 29 U.S.C. § 1132(a)(2) and (a)(3) (Count III), and fraudulent misrepresentation (Count IV). These counts cover a period of alleged misconduct from January 2021 to April 2024. Axim

1 For detailed factual allegations about Defendants’ actions as ERISA fiduciaries, see the cited complaint. 4 and Mr. Campbell were served on May 20 and May 21, 2024, respectively.2 (ECF Nos. 9; 11). On May 23, 2024, another judge in this district entered a

consent judgment in the Secretary of Labor’s separate suit against Axim, Mr. Campbell, and Ms. McManes covering their ERISA violations for the period of December 2015 to June 2022 (“DOL Consent Judgment”). Consent Judgment and Order at 1–2, Axim, No. 24-cv- 483-LKG (D.Md. May 23, 2024), ECF No. 20. The court ordered the defendants in that case to pay over $4 million into a distribution account and appointed Receivership Management, Inc. (“RMI”) as an independent fiduciary. Id. at 3–4. The court ordered RMI to exercise “plenary authority . . . over the liquidation and distribution of the assets of the Distribution Account and all master trust and [sub-trust] accounts maintained and held by Defendants,” id. at 4, granting RMI “exclusive control” over the sub-trust accounts, id. at 6. One such sub-trust account was that

of Plaintiff IEA. Consent Judgment and Order, Exhibit 2 at 3,

2 It is not clear whether Plaintiff complied with its obligation under ERISA to serve its complaint on the Secretary of Labor and the Secretary of the Treasury by certified mail. 29 U.S.C. § 1132(h). At least one court in this district has concluded that a failure to comply with ERISA’s service requirements constitutes a jurisdictional defect. Arthur v. Trojan Horse, Ltd., No. 12-cv-3156-WDQ, 2013 WL 4854138, at *3–4 (D.Md. Sep. 10, 2013) (granting defendants’ motion to dismiss for lack of subject matter jurisdiction because there was “no indication that the [p]laintiffs complied with the service requirement of § 1132(h)”). 5 Axim, No. 24-cv-483-LKG, ECF No. 20-2. The court instructed RMI to establish a “notice and claims submission procedure” for Axim’s clients, including Plaintiff, such that RMI could “[f]acilitate

the transfer of the custody of any assets of the sub-trust accounts . . . to the respective [clients].” Consent Judgment and Order at 5, Axim, No. 24-cv-483-LKG, ECF No. 20.3 Returning to this case, both Axim and Mr. Campbell executed waivers of service on June 7, 2024, meaning their answers were due on August 6, 2024. (ECF Nos. 12; 13). After Axim and Mr. Campbell failed to file their answers with the court by August 6, Plaintiff

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Infrastructure and Energy Alternatives, Inc. on its own behalf and as Plan Administrator and Fiduciary of Infrastructure and Energy Alternatives, Inc. Employee Benefit Plan v. AXIM FRINGE SOLUTIONS GROUP, LLC, et al., Counsel Stack Legal Research, https://law.counselstack.com/opinion/infrastructure-and-energy-alternatives-inc-on-its-own-behalf-and-as-plan-mdd-2025.