Evaluating whether an ESOP is appropriate when it’s time to sell the business…
In ESOPs: The Three Types, we explain the three basic ways an Employee Stock Ownership Plan (ESOP) can be used to effectively motivate employees to increase ...
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Resources
Affordable Care Act Compliance: The DOL Is Auditing
The Department of Labor (DOL) appears to be focusing its scrutiny on welfare benefit plans in response to the Patient Protection and Affordable Care Act of 2010 (PPACA). Now that Obamacare implementation is well underway, practitioners have ...
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Understanding ESOPs: How They Benefit Sellers, The Company, And Employees
Understanding ESOPs can be daunting at first glance. This article looks at how ESOPs can be a cash-flow-efficient and tax-advantaged option that merits careful consideration when compared to selling the company or merging with a third party.
At ...
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ERISA-Covered Plan Investment And Fee Disclosures To Participants: The What, Who, And How
What: In 2012, Department of Labor (DOL) rules went into effect requiring plan administrators of ERISA-covered plans with participant-directed investments to make specified disclosures of plan fee and investment information to:
Active ...
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ERISA Section 404(c) Compliance Alert
Do you have a defined contribution plan that allows participant-directed investments? If so, read on.
Participants generally will be responsible for the investment results of their accounts if the applicable regulations under ERISA ...
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Before You Throw That Switch – Blackout Period Notice Requirements
In the wake of the Enron situation, Congress passed a law containing blackout period requirements that apply to all defined contribution retirement plans. Blackout periods (times when participants lose control over their accounts) can occur for a ...
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Confused by the terminology? Check our Glossary of Terms