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.
Knott is an unincorporated community in northwestern Howard County, Texas, United States. It lies along FM 846 northwest of the city of Big Spring, the county seat of Howard County. Its elevation is 2,612 feet (796 m). Although Knott is unincorporated, it has a post office, with the ZIP code of 79748. Knott, along with its neighbor West Knott, was named for rancher Calvin Stevenson Knott, one of the first settlers in the area. Agriculture is important in the Knott area; although watermelons were once significant in the local economy, cotton farming is now dominant.