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.
Floodwood is a city in St. Louis County, Minnesota, United States. The population was 503 at the 2000 census. Originally a logging community, it was a dairy community for most of it history, but could now be best described as a bedroom community, since most of its working population finds employ in nearby Duluth, Grand Rapids, Hibbing and Cloquet. The city describes itself as "The Catfish Capital of the World", a nickname it gave to itself following the introduction of the community's annual Catfish Days festival. U.S. Highway 2 and State Highway 73 are two of the main arterial routes in the city.