Hurdles for Employee Ownership
After weighing pros and cons, you took the plunge and created an ESOP! Congratulations! This is new and exciting...
What’s the difference between IRC Sections 404 & 415 Compliance Testing?
My administrator just informed me that we have exceeded 415 limits, but I know for a fact our contribution for...
Video Modules Teach the Advantages of Being Employee-owned
“We have an incredibly talented and intelligent group of people and we wanted to make sure they feel...
Blue Ridge ESOP Associates Acquires Crowe LLP ESOP Business
Crowe Employee Stock Ownership Plan (ESOP) and certain tax-related 401(k) Plan services will transition to Blue...
Missing Participants. What are you supposed to do?
You’ve spent countless hours and who knows how much money to provide meaningful benefits through your ESOP and/or...
Turnover Trends and the Demographic Bubble Impact on ESOPs
Turnover Downgrade graphYou might have heard in recent times the label “Great Resignation”. Since the occurrence...
Balancing Repurchase Liability and Company Goals
When participants of ESOPs that hold closely held stock (e.g., stock that is not readily tradable on an established...
Redeeming vs. Recycling Stock
Whether you have a new or mature ESOP one thing is for sure, at some point you’ll have to process distributions....
Becoming a Plan Participant and Earning a Contribution
Did you know becoming a participant and earning a contribution are two separate events? An employee could become...