Tag: ESOP

Four award-winning plan sponsors shared ways they have improved their plans in order to better serve their participants’ financial well-being.

Also known as adequate consideration, the ESOP community has been calling for share pricing regulation for years.

The assistant Secretary of Labor for the Employee Benefits Security Administration spoke to PLANSPONSOR about ‘Schoolhouse Rock,’ disparities in retirement...

The cases focused on ESOP valuation, and both rulings held that that mandatory arbitration and class action relief are not...

A report from Matrix Global Advisors found that ESOPs need clear rules on valuation, which SECURE 2.0 requires the DOL...

Areas including emergency savings and employee ownership were identified as 2024 brings more SECURE 2.0 regulatory deadlines.

Effective disclosure, SECURE 2.0 and ESG are at the top of EBSA’s short-term agenda, according to EBSA Head Lisa Gomez.

Awards were given in nine categories representing various plan types and sizes.

The Department of Labor ordered the former trustee to restore $8.4 million and plan fiduciaries to restore nearly $1 million...

Mohawk Hospital Equipment will transfer $431,000 worth of stock to participants and pay a fine.

The judge found that while the plaintiff might have released all his claims with a separation agreement, the lawsuit was...

The Department of Labor says the plan’s ownership interest was sold for less than market value, effectively transferring the rest...

Not only do they build employees’ wealth at a faster rate than retirement plans, but they contribute to business performance...

Prior to settlement, the long-running stock drop lawsuit received multiple appellate court rulings and consideration from the U.S. Supreme Court.

A proposed class has been certified in the lawsuit against Maine Oxy-Acetylene Supply Co., its owner and a person who...

According to the lead plaintiff, fiduciary violations occurred when an inflated valuation provided by Wilmington Trust caused an employee stock...

The Department of Labor alleges various failures and points of wrongdoing associated with sale of company stock to RVR Inc....

This is in addition to $454,545 in restitution to the plan, paid by the company and its employee stock ownership...

Workers between the ages of 18 and 34 who are employee-owners have 92% higher median household wealth relative to workers...

A federal district court judge found that since shares for the ESOP were purchased with borrowed funds, the subsequent lower...