Top Five ESOP Compliance Problems and How to Avoid Them

In this session to gain insights from other ESOPs on potential challenges and effective strategies for keeping your ESOP running smoothly. Your ESOP is central to your company’s culture, success, and the retirement security of your participants. However, ESOPs come with a complex set of rules that must be followed for ongoing compliance and efficient operations. Unfortunately, even the most carefully run ESOPs can run into errors or mistakes that require correction to maintain IRS qualification and avoid fiduciary duty breaches. Our facilitators will walk you through five common mistakes ESOPs face, providing tips to avoid them and solutions for fixing them if they occur. You’ll leave equipped with practical knowledge to help protect and strengthen your own ESOP.