Employee Stock Ownership Plan (ESOP) Services

Proper planning and oversight can make all the difference between an ESOP being successful or a potential disaster. We help employers become educated and remain informed of the complex rules, regulations, and responsibilities that exist within ESOP plans.


Plan Document and Design

Our experienced consultants work directly with employers to design ESOPs that address their respective challenges, goals, and objectives. We take a proactive approach to advising plan sponsors of new or enhanced options and features that become available by providing regulatory updates and monitoring changes in demographics. In addition, we offer an annual review of plan provisions to ensure that the employer’s internal administration processes are consistent with existing provisions.

Compliance, Consulting, and Reporting

From consulting to recordkeeping to tax reporting, our team helps ESOP sponsors navigate the financial and legal responsibilities unique to ESOP-owned companies.

Governance and Oversight Consulting via participation in annual/semi-annual meetings with internal administrators and fiduciaries to implement best practices and plan design options consistent with the company goals and objectives.

Participant education through group meetings and presentations, as well as individual employee meetings.

Distribution obligation analysis to assist ESOP sponsors with the management of ESOP repurchase obligations.

Compliance and participant reporting, including the preparation of an annual ESOP report detailing individual account balances and activity, compliance testing results (including 409(p) testing for S-Corporation ESOPs), and preparation of individual statements.

Governmental reporting.

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