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.
Elida is a town in Roosevelt County, New Mexico, United States. The population was 183 at the 2000 census. The late Portales philanthropist Addie Peed Swearingen grew up in Elida and lived on a ranch there from 1960-1979. Another notable Elida native is former Texas Tech Red Raiders baseball coach Larry Hays.