Northwood is a city in Grand Forks County, North Dakota in the United States. It is part of the "Grand Forks, ND-MN Metropolitan Statistical Area" or "Greater Grand Forks". The population was 959 at the 2000 census. Northwood was founded in 1884. A tornado, rated EF4 on the Enhanced Fujita Scale, struck Northwood on the evening of August 26, 2007 causing destruction to the entire town and killing one person. Later on some of the buildings were burned, collapsed, or torn down because of severe damage to the buildings from the tornado.

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 North Dakota

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....