We can all agree on how valuable ESOPs are to both the employees and the company. But it can be a balancing act as you try to provide a benefit to employees, enhance company culture, and meet corporate objectives while keeping the ESOP sustainable and in compliance with the qualified plan rules. This session shares real-life examples from an ESOP company and encourages both newer and mature ESOPs to share their stories and questions.
Upon completion, participants will be able to list suggestions for ways a company can use the ESOP to optimize employee culture and benefits while still meeting corporate objectives and keeping the ESOP sustainable.
Upon completion, participants will understand how ESOP and Internal Revenue Code rules govern how plans can be designed.
Upon completion, participants will be able to conduct a review of their own ESOP provisions to with an eye toward best practices discussed in the session.
