Lenox Dale is a village in Lenox, Massachusetts, United States at the border of the town of Lee, along the Housatonic River. It is a small village, but a village nonetheless with its own post office (zip code 01242), school, two stores, and a Catholic church. The main street in the town is Crystal Street. In older times, it depended upon the river to provide power for its paper mills. More recently the largest employer was Lenox Machine Company, which made paper industry equipment. Lenox Machine was acquired by Beloit Corp in 1979, which was acquired by Harnischfeger of Germany, which went bankrupt in 1999. It is apparently now a part of Groupe Laperrière & Verreault (GLV) of Canada.

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 Massachusetts

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....