ESOP Locations ESOP Players ESOP Administration Welk ESOP ESOP Odds-N-Ends
100
What is Welk Resort Escondido
This ESOP location is known for it's beautiful golf course
100
What is a trustee
This person has a fiduciary responsibility to protect the ESOP participants
100
What is a distribution
After an ESOP participant terminates they are eligible for this after 5 years.
100
What is 2012
The year Welk became an ESOP
100
What is the Welk Benefit Microsite
The website where you may find more information on benefits and the ESOP
200
What is Welk Resort Branson
This ESOP location is known for it's big theatre and big name shows
200
What is third party administrator
These people outside the company handle the calculations for the allocation
200
What is Repurchase Obligation
This is the ESOP company's liability to buy back stock
200
What is $57.28
The latest value of Welk stock
200
Who is Principal
This is the third party administrator that holds the ESOP funds
300
What is Welk Cabo
This ESOP location is the best know for it's great waterside location and Mexican food
300
What is valuators
These people outside the company handle the calculations for the price of the stock
300
Who makes contributions to the ESOP
All contributions are made by Welk and are discretionary.
300
What is 5 year graded
The type of vesting schedule Welk uses
300
What is the ESOP Statement
Annual notice received showing contributions to ESOP account
400
What is Welk Tahoe
This ESOP location is great for skiing and hiking
400
What is the ESOP attorney
These people help write the Plan documents
400
What is diversification
This rule allows you to cash in stock at age 65 years in the plan
400
What is the 401(k) match
This is the other contribution that goes into your ESOP
400
How long does it take to be totally vested in the ESOP
What is 5 years
500
What is Welk Resort Breckenridge
This ESOP location will be a great site once completed in 2019.
500
What is the DOL
These people set the regulations on how ESOPs operate and handle investigations
500
What is work from Jan 1 to Dec 31 with 1000 hours of service
This is the requirement for a year of participation
500
Who is the group that meets quarterly to review the plan
This is our ESOP Plan Committee
500
What two statuses would allow someone to take out their ESOP prior to age 65
Death or Disability






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