Tag: ESOPs

The legislation continues to receive bipartisan support, with one of the bills recently advancing out of committee in the House. 

Two of the measures target the DOL’s audit process, and another addresses ESOP valuation risks.

The lawmakers scratched a planned vote on a third piece of legislation that had been scheduled.

The insurance expert, who awaits a full Senate vote, said he would ‘end the war on ESOPs’ if confirmed.

Senators scheduled the markup after a hearing on Thursday in which they discussed the proposed legislation.

Congress has introduced two bills this year regarding the agency’s practices. 

The New Jersey Economic Development Authority supports New Jersey businesses interested in considering employee-owned retirement plans for participants.

Senator Bill Cassidy proposed two bills that aim to strength employee stock ownership plans.

Plan fiduciaries have been accused of failing to prudently invest cash held in employee stock ownership plan trusts in recent...

Former employees claimed the company’s CEO converted plan assets for his and his company’s own use and benefit.

One of the president’s many executive orders issued Monday caused rules not already published in the Federal Register to be...

The rule would clarify the issue of 'adequate consideration' and replace a pending regulation first offered decades ago.

According to the group, its efforts can improve wealth-building efforts for American workers.

Four award-winning plan sponsors shared ways they have improved their plans in order to better serve their participants’ financial well-being.

Deal will bring Principal's market representation to more than 2,000 ESOP plans and about 765,000 participants.

Also known as adequate consideration, the ESOP community has been calling for share pricing regulation for years.

The assistant Secretary of Labor for the Employee Benefits Security Administration spoke to PLANSPONSOR about ‘Schoolhouse Rock,’ disparities in retirement...

The cases focused on ESOP valuation, and both rulings held that that mandatory arbitration and class action relief are not...

A report from Matrix Global Advisors found that ESOPs need clear rules on valuation, which SECURE 2.0 requires the DOL...

Areas including emergency savings and employee ownership were identified as 2024 brings more SECURE 2.0 regulatory deadlines.