Keep My ESOP on Track

SES ESOP Strategies is the only firm in the country with an integrated team of legal, financial, banking, tax and ERISA professionals.

If your company has already established an Employee Stock Ownership Plan (ESOP), congratulations on completing the process and realizing some of the potential benefits of an ESOP. Moving forward, it is important to keep your plan on track to ensure that it remains in compliance with Internal Revenue Service and Department of Labor regulations and also to address repurchase obligation and other mature ESOP issues that may arise.

There are two traditional practices for getting cash into the ESOP trust: (i) using employer contributions and/or (ii) using income distributions/dividends. There is also a third mechanism – the employer matching contributions that are contributed to your 401(k) plan.

SES ESOP Strategies is the only firm in the country with an integrated team of legal, financial, banking, tax and ERISA professionals. If you are seeking support in keeping your ESOP on track, we invite you to learn more about our capabilities and expertise.