Tag: employee stock ownership plans

The Department of Labor says the plan’s ownership interest was sold for less than market value, effectively transferring the rest...

Several bills circulating in Congress would streamline and promote S-corporation employee stock ownership plans. One expert says such ‘S-ESOPs’ benefit...

Plan sponsors discussed benefits they consider part of their financial wellness offerings that might not typically be viewed as such.

Research from Vanguard supports the continuation of rethinking decisions about company stock offerings in defined contribution plans.

The SAVE Act would allow 403(b) plan sponsors to join open MEPs and incentivize the creation of ESOPs, among other...

ESOP plan committee and Republic Services defendants, as well as GreatBanc Trust Co., have agreed to a $7.9 million payment.

The agreement requires Wilmington Trust to pay $80 million to 21 employee stock ownership plans (ESOPs) for which it served...

Decisions for 401(k) plan sponsors with company stock on their investment menus are different than those for sponsors of true...

The DOL alleges that the company’s president influenced an appraiser’s valuation and the ESOP’s trustee didn’t do his due diligence...

The case has been stayed until the parties can draft the settlement agreement.

It has agreed to pay $5 million into a settlement fund.

An NCEO report provides details about DOL investigations and litigation against ESOPs and provides considerations for ESOP valuations.

Trevor Bare, with Conrad Siegel, discusses the differences between ESOPs and 401(k) plans and how offering both can better prepare...

The court decision highlights the difficulty in determining the fiduciary status of parties and of making claims for equitable relief...

Among other things, workers with employee ownership experienced layoffs six times less often than those without, and employee turnover can...

A federal court judge cited a 5th U.S. Circuit Court of Appeals decision in Chaplin v. NationsCredit Corp. that concluded,...

The IRS explains that the rules under IRC Section 409(p) are designed to prevent a group of “disqualified persons” from...