ESOP Basics - Who, What, Where, When, How & Why?
Are you considering an ESOP, new to the ESOP world or just need a refresher course on ESOPs? Then this is the session for you. We will go over the basics of an ESOP - what an ESOP is, how it differs from a 401(k) Plan, how it is set up, how it operates, what benefits it provides, who manages it and a myriad of other ESOP issues. Along the way, we will also explain common ESOP terms and answer common ESOP questions. This presentation is intended to establish your foundation of ESOP knowledge regardless of your role with the ESOP (e.g., whether you are considering an ESOP, participate on an ESOP committee, receive benefits as an ESOP participant or are part of company management).