This is the most common reason a company adopts an ESOP

This person has a fiduciary responsibility to protect the ESOP participants

This is what an employee with an account that's at least partially vested receives after they separate from the employer

This is the year MBA became an ESOP

These are the eligibility requirements to participate in the ESOP

The majority of ESOP participants are in companies with this type of business structure (options are private or public)

These people outside the company handle the calculations for the allocation

The term for what happens to nonvested portions of an account when an employee separates

The percentage of MBA that is employee owned

Employees do not pay taxes on ESOP funds until this happens

The majority of ESOP companies have this type of business structure (options are private or public)

This group of individuals appoints the Trustee

This type of 100% owned ESOP company is allowed to defer all federal income taxes.

The number of years after which an employee is fully vested

These are all of the ways that a participating employee can become fully vested

The number of companies reported by the NCEO to have ESOPs

These are the names of the people on our Board of Directors

Employees who are at least 55 and have and have participated in the plan for at least ten 10 years have the opportunity to do this process

The number of people on the Board of Directors

This form is submitted annually to the DOL as part of the ESOP compliance process

Over 50% of private ESOP companies are in one of these three industry categories.

ESOPs are subject to regulations controlled by this government entity

There are two main retirement plan categories. This is the retirement plan category an ESOP falls under.

The value of MBAs stock on the last ESOP statements distributed

An employee separates from a company. They have 4 years of service with 1000 shares at a stock price of $35 per share. According to MBAs vesting schedule this is their distribution amount