DOL Resolves Valuation Issues with ESOP Transaction
June 4, 2014 (PLANSPONSOR.com) – The Department of Labor (DOL) reached a $5.25 million settlement with GreatBanc Trust Co., resolving...
Tag: ESOPs
Delta Air Lines Wins Stock Drop Suit Appeal
May 8, 2014 (PLANSPONSOR.com) – The 11th U.S. Circuit Court of Appeals used its own case history to dismiss a...
High Court Ponders “Conflicts” for ESOP Fiduciaries
April 17, 2014 (PLANSPONSOR.com) – What is the trustee of a retirement plan that offers employer stock as an investment...
Products |
New Product Helps ESOPs Match Liabilities
April 8, 2014 (PLANSPONSOR.com) - Archford Capital Strategies launched an FDIC-insured, bank-issued, principal-protected investment to help employee stock ownership plans...
Opinions |
Are ESOPs Too Risky to Be Good Retirement Plans?
March 7, 2014 (PLANSPONSOR.com) - Perhaps the most common criticism about employee stock ownership plans (ESOPs) is that they are...
Blue Ridge Names Director of Plan Administration
March 5, 2014 (PLANSPONSOR.com) – Blue Ridge ESOP Associates has named Kevin T. Rusch as the firm's director of plan...
Groups Ask for Stronger Presumption in Stock Drop Case
February 5, 2014 (PLANSPONSOR.com) – A brief of amici curiae was recently filed with the U.S. Supreme Court for a...
DOL Recovers $10M for ESOP
January 22, 2014 (PLANSPONSOR.com) – A New York-based home-care agency and its former owners have resolved issues with the Department...
DOL Sues to Restore Indiana ESOP Losses
December 27, 2013 (PLANSPONSOR.com) – The Department of Labor (DOL) is seeking to restore losses to an employee stock ownership...
SCOTUS Takes Up Presumption of Prudence Issue
December 16, 2013 (PLANSPONSOR.com) — The U.S. Supreme Court has agreed to hear a case raising fiduciary issues and questions...
DOL Finds Fiduciaries Violated ERISA With Stock Purchase
November 20, 2013 (PLANSPONSOR.com) – The Department of Labor (DOL) has filed a lawsuit in U.S. district court to recover...
Fiduciaries of California ESOP to Repay Plan Funds
October 23, 2013 (PLANSPONSOR.com) – The Department of Labor (DOL) has obtained a consent order for fiduciaries to repay funds...
Bill Aims to Fend Off Fiduciary Status for Appraisers
May 20, 2013 (PLANSPONSOR.com) – Congressmen have introduced a bill to modify the definition of fiduciary under the Employee Retirement...
Products |
The Principal Offers ESOP Resource
April 30, 2013 (PLANSPONSOR.com) – The Principal Financial Group is now offering an online resource to employers who offer employee...
IRS Gives Amendment Relief to Certain ESOPs
April 23, 2013 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) is granting relief for employee stock ownership plans (ESOPs) that...
IRS Gives Amendment Relief to Certain ESOPs
April 23, 2013 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) is granting relief for employee stock ownership plans (ESOPs) that...
Bill Would Encourage More S Corporation ESOPs
April 17, 2013 (PLANSPONSOR.com) – New legislation has been introduced in the Senate aimed at helping employees gain retirement savings...
ESOP Shareholder Claims Not Preempted by ERISA
April 12, 2013 (PLANSPONSOR.com) – A federal court has remanded a case filed by an employee stock ownership plan (ESOP)...
ESOP Shareholder Claims Not Preempted by ERISA
April 12, 2013 (PLANSPONSOR.com) – A federal court has remanded a case filed by an employee stock ownership plan (ESOP)...
Obama’s ESOP Proposal Poses Concerns
April 11, 2013 (PLANSPONSOR.com) - A provision in President Obama’s Fiscal Year 2014 budget that pertains to employee stock ownership...