Products November 16, 2006

NCEO Provides Model ESOP to Guide Plan Creation

November 16, 2006 (PLANSPONSOR.com) - The National Center for Employee Ownership (NCEO) is offering a publication that includes a model employee stock ownership plan (ESOP) document to aid employers in developing their own ESOP.
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The model plan document, composed by attorney and ESOP expert Karen Ng, includes alternate provisions and a detailed, step-by-step explanation and commentary. A CD with documents in word processing format is also included.

The NCEO points out that the document is not a prototype for employers to adapt to their own situation and submit to the Internal Revenue Service for qualification.

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Additional details about the publication and ordering details are here .

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