The ESOP Association
ESOP Association Resources
Nov. 26
House Committee on Education & the Workforce discovered DOL secretly sharing confidential information with plaintiffs’ attorneys pursuing class action lawsuits against plan fiduciariesWashington, 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.
2821
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.
2818
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.
2817
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.
2815
Nov. 01
Welcome to your October issue of the ESOP ReportThis month we've packed the report with tons of articles and news about ESOPs that you won't want to miss!
2813
Mar. 31
Welcome to your March 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!
As a benefit of your membership, you receive the ESOP Report in your inbox each month. Make sure to share with your colleagues and employee owners!
Inside this issue:
As a benefit of your membership, you receive the ESOP Report in your inbox each month. Make sure to share with your colleagues and employee owners!
Inside this issue:
2020
Mar. 24
Executive Summary
On April 14, 2021, the DOL issued guidance on cybersecurity practices directed at plan sponsors, plan fiduciaries, record keepers, and plan participants. Cybersecurity has emerged as a growing concern in our personal and professional lives. The risks and associated costs of a cybersecurity incident are becoming increasingly central to company valuations as professionals look to find and measure potential threats faced by companies.
On April 14, 2021, the DOL issued guidance on cybersecurity practices directed at plan sponsors, plan fiduciaries, record keepers, and plan participants. Cybersecurity has emerged as a growing concern in our personal and professional lives. The risks and associated costs of a cybersecurity incident are becoming increasingly central to company valuations as professionals look to find and measure potential threats faced by companies.
1978
Mar. 17
It has been decades since we have seen the borrowing climate for deals change so sharply as it has recently outside of a recession. Financing for M&A and private equity transactions deteriorated dramatically through 2022, with third-quarter M&A financing down 70% from the previous quarter and buyout financing during the period less than half that completed in the first quarter.
1977
Mar. 10
Now ends the 2022 ESOP plan year and so begins a new year. With this annual cycle comes a myriad of contrasting economic, market, and other considerations that will influence new and existing ESOP valuations.
1976
Mar. 06
After several weeks of negotiations and sometimes very public political maneuvering, both the U.S. House of Representatives and the U.S. Senate have chosen their respective leaders and committee structures for the 118th Congress. Now that the dust has cleared and the business of Congress has begun, it is critical from an advocacy perspective to understand how ESOPs and the employee ownership community will be affected.
1987