David is an unincorporated town in Floyd County, Kentucky, United States along County Route 404. Located in the Appalachian Mountains, it lies approximately 100 miles (160 km) southeast of Lexington. The town was named for David L. Francis, President of Princess Elkhorn Coal Company which originally built and owned the town. It bears the postal ZIP code 41616. Federal census of 2000 recorded a population of 435. The David School is featured in the 6-hour documentary film Country Boys which was broadcast in Frontline on PBS, about two residents, Chris and Cody, and their life in a poor, rural mountain town. Although it was a company town, it was in many ways a model coal community with many amenities not typical of the region at the time including a swimming pool, central water and sewer, and cable tv service. The company also supported a children's choir which toured nationally. When Princess-Elkhorn sold the town in the late 1960's, many of these amenities fell into disrepair and the housing stock deteriorated from over 100 units to a little more than 30. The town rallied around a hepatitis outbreak and ended up purchasing the entire town from the investor who owned it. the mechanism for this purchase was the creation of the David Community Development Corporation, which went on to secure funding for a new water and sewer system, a fire station, a new park and several dozen new homes.

What is employee benefits and ERISA law?

ERISA requires plans to provide participants with plan information including important information about plan features and funding; provides fiduciary responsibilities for those who manage and control plan assets; requires plans to establish a grievance and appeals process for participants to get benefits from their plans; and gives participants the right to sue for benefits and breaches of fiduciary duty. Attorneys may represent employees or they may represent the company in the design, preparation, and review of plan, trust, and employee communication documents to implement pension, profit sharing, employee stock ownership, fringe benefit, flexible benefit, and all types of employee welfare plans.

Answers to employee benefits and ERISA law issues in Kentucky

Individual retirement plans are accounts that you can set up for yourself, without any connection to your employer,...

An employer retirement plan is just what it sounds like: a plan set up by your employer to fund your retirement....