House Committee on Education & the Workforce discovered DOL secretly sharing confidential information with plaintiffs’ attorneys pursuing class action lawsuits against plan fiduciaries
Washington, DC – The ESOP Association today applauded House Committee on Education & the Workforce Chair Virginia Foxx for calling out potential abuse of authority at the Department of Labor (DOL) and its Employee Benefits Security Administration (EBSA) and calling for an investigation by the DOL’s Inspector General.
The ESOP Association
ESOP Association Resources
Nov. 20
Strategic planning is not just for executive leadership or the management team. I would go so far to say that the execution of your strategy happens with those employees who are closest to the customer, the product, or the service: The Front-Line Employees! If you believe in this assumption, you should be including them in developing your organization’s strategy. If you want their buy-in, you must get their input. If you want their input, you must first teach them about the business. You can start by teaching them how to set objectives, goals, tactics, and measures.
Nov. 15
At The ESOP Association, we believe in recognizing and celebrating the exceptional efforts and achievements of our outstanding members. It's that time of the year again when we invite you to participate in our Employee Owner of the Year and Company of the Year Awards.
We know that TEA’s success is a collective effort, and we want to honor those members who go above and beyond to contribute to our vibrant ESOP culture. We encourage you to take a moment to reflect on the remarkable accomplishments of your colleagues or company and nominate them for the prestigious awards.
We know that TEA’s success is a collective effort, and we want to honor those members who go above and beyond to contribute to our vibrant ESOP culture. We encourage you to take a moment to reflect on the remarkable accomplishments of your colleagues or company and nominate them for the prestigious awards.
Nov. 04
Over 50 years after the legislation creating ESOPs was signed into law by President Gerald R. Ford, the U.S. Department of Labor is now in the final stages before publishing the single most important regulation necessary for ESOPs: standards and procedures by which a Trustee can in good faith evaluate stock price.
Nov. 01
Welcome to your October issue of the ESOP Report
This month we've packed the report with tons of articles and news about ESOPs that you won't want to miss!
This month we've packed the report with tons of articles and news about ESOPs that you won't want to miss!
Oct. 29
A newsletter for the members of the PA/DE Chapter of the ESOP Association
Read the Full Issue >>
In this Issue:
A Note From Our President
FUNd Raising
Advocacy
Read the Full Issue >>
In this Issue:
A Note From Our President
FUNd Raising
Advocacy
Oct. 25
The ESOP Association has been informed that a proposed rule from the U.S. Department of Labor regarding what is known as the “adequate consideration exemption” for ESOP transactions has been drafted and is being submitted to OMB imminently.
OMB is the agency that “oversees the implementation of the President’s vision across the Executive Branch.” This is the first step taken before a regulation can be made public for a notice and comment period.
OMB is the agency that “oversees the implementation of the President’s vision across the Executive Branch.” This is the first step taken before a regulation can be made public for a notice and comment period.
Oct. 11
It’s that time of year. TEA’s Chapters across the country are now accepting nominations for annual awards! Each individual TEA chapter awards two major honors every year, the ESOP Company of the Year and the Employee Owner of the Year. All nominees will be recognized during chapter events, with the winners from each chapter automatically entered in TEA’s national awards competition. National finalists and winners will be announced during the annual awards show at TEA’s National Conference 2025, on May 6-9 in Washington, DC.
Oct. 11
In August, ESOP CEOs and Presidents from across America convened for The ESOP Association’s third annual CEO Summit in Newport, Rhode Island. This year’s Summit was our largest to date, with more than 150 CEOs coming together to gain valuable new insights, grow their CEO peer networking group, and exchange best practices on the most challenging issues facing ESOPs.