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.
Franklin Lakes is a borough in Bergen County, New Jersey, United States. The Franklin Lakes zip code is 07417. As of the United States 2000 Census, the borough population was 10,422. Franklin Lakes has the 18th-highest per-capita income of all 566 municipalities in the state. Nationwide, Franklin Lakes ranks 17th among the Highest-income places in the United States with a population of at least 10,000. Becton Dickinson and Medco Health Solutions both have their corporate headquarters in Franklin Lakes. Franklin Lakes was formed by an Act of the New Jersey Legislature on March 11, 1922, from portions of Franklin Township, based on the results of a referendum held on April 11, 1922. According to the United States Census Bureau, the borough has a total area of 9.8 square miles, of which, 9.4 square miles (24.5 km) of it is land and 0.4 square miles (1.0 km) of it (3.87%) is water.