An Eligible Individual Account Plan (EIAP) may be a good option for a company that decides not to use an ESOP. We discuss this strategy in our video.
Transcript
If a company determines that an ESOP is not appropriate, the other ...
[Read more] about If Our Company Chooses Not to Go with an ESOP, What Other Strategies Are There?
ESOP Blog
How Much Control Does the ESOP Trustee Have?
In this video, we discuss how much control the ESOP trustee has in the ESOP.
Transcript
Typically when we are presented with this question, it's out of a concern that putting the shares in the hands of a trustee is going to result ...
[Read more] about How Much Control Does the ESOP Trustee Have?
How Much Control Do Employees Get?
In an ESOP, how much control do employees have? Watch our video to learn more.
Transcript
It's first important to remember that the employees are not the shareholders of the corporation. The ESOP and the ESOP trustee own the ...
[Read more] about How Much Control Do Employees Get?
How Is Stock Allocated Within the ESOP?
Learn the ways stock can be allocated with an ESOP in our video.
Transcript
Most often stock is allocated with an ESOP and proportioned to the compensation of the employees that are in the plan. It's also possible, however, to ...
[Read more] about How Is Stock Allocated Within the ESOP?
ESOPs Can Help Narrow Racial Wealth Gaps
It is highly researched and widely known that too much of the country’s capital wealth is concentrated in the hands of too few. Furthermore, Black Americans face greater systemic barriers to building wealth beyond the need for a decent wage. Employee ...
[Read more] about ESOPs Can Help Narrow Racial Wealth Gaps
How Is Repurchase Liability Handled to Protect the Corporation?
In our video, learn more about repurchase liability arising from an ESOP and how repurchase liability is handled to protect the corporation.
Transcript
Repurchase liability, the obligation of the corporation to buy back the stock ...
[Read more] about How Is Repurchase Liability Handled to Protect the Corporation?