Every ESOP looks for efficiencies to improve productivity on the administration side of the business and to enhance communication with employees. So you need to consider an Administration Services Platform that integrates your employees’ 401(k) and ESOP information....
If you didn't read my last article, you may want to check the September/October issue of BoxScore to get the background on the pros and cons of establishing an employee stock ownership plan (ESOP). If you did, you have a good sense for the concepts but are probably a...
That Age-Old Question: Is an ESOP Right for Me? To sell to an ESOP or not sell to an ESOP, that is the question. And the answer lies within an expertly prepared feasibility study. While ESOPs are a fantastic tool for exiting business owners, it is not a...
R.K. Schaaf Offers Free Online Financial Tools R.K. Schaaf Associates, a financial services firm with over 3 decades' worth of experience in ESOP administration and other services, offers a number of free financial tools on its website for the benefit of current and...
Sue Ledingham has been immersed in the qualified plan recordkeeping and consulting industry, focusing primarily on the unique technical aspects of employee stock ownership plans for over 35 years. Sue’s depth of knowledge starts with the preliminary feasibility...
Leslie Kearns is a principal for the firm of R.K. Schaaf Associates, Inc., and also serves as its President. As a qualified plan consultant, she has been actively involved in the retirement benefits industry since 1979. ...
As an ESOP advisor, Danielle Montesano is involved in: Buying and selling of plan assets Ensuring that the ESOP loan terms are reasonable and coordinating the scheduled debt service payments Hiring the plan advisors and evaluating their opinions Voting and/or...