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.
Kipton is a village in Lorain County, Ohio, United States. The population was 265 at the 2000 census. Kipton was the site of a famous train wreck on April 19, 1891, which was caused by railroad engineers' watches not being in sync and led to the adoption of stringent quality-control standards for railroad chronometers in 1893. Kipton is at one end of a rail trail, the North Coast Inland Trail. The path travels east from Kipton and then curves northeast, going through Oberlin and continuing on to Elyria. There is a small park in Kipton where the path terminates.