Compliance | June 8th, 2015 Settlement Reached in Fannie Mae Stock Drop Suit Affected participants will receive $9 million, less attorneys’ fees and settlement expenses.
Compliance | April 30th, 2015 ESOP Bill Introduced in U.S. House The bill would address barriers to more S Corporations forming ESOPs.
Data and Research | March 31st, 2015 Report Finds ESOPs Have Outperformed S&P 500 A report by EY reveals a strong positive return for S corporation ESOPs from 2002 to 2012.
Compliance | March 18th, 2015 DOL Alleges Company’s ESOP Creation Was Flawed Accurate company valuations are critical when it comes to establishing an ESOP, the DOL says in an enforcement action announcement.
Administration | March 5th, 2015 Company Stock Considerations Depend on Employer Goal Implications of two litigation outcomes in June 2014 depend on the type of employee stock ownership plan an employer offers.
Data and Research | February 9th, 2015 How Pensions Impact Corporate Financial Distress A new academic research paper reexamines how pension costs were related to defaults and bankruptcies at high-profile U.S. corporations in...
Administration | December 15th, 2014 DC Plan Use of Company Stock More Restricted The offering of company stock in defined contribution plans has declined since 2005, according to Vanguard.
Compliance | November 3rd, 2014 Plan Fiduciaries Liable for Mispriced ESOP Stock Purchase The owner of Bruister and Associates and trustees of its employee stock ownership plans (ESOPs) were found responsible for causing...
Compliance | September 3rd, 2014 Complying with ESOP Diversification Rules September 3, 2014 (PLANSPONSOR.com) – The rule for who is eligible to diversify company stock holdings in a retirement plan...
Deals and People | August 14th, 2014 The Principal Hires ESOP Consultant August 14, 2014 (PLANSPONSOR.com) – The Principal Financial Group has hired Mike Parrett as vice president of consulting.
Compliance | June 26th, 2014 Presumption of Prudence Decision Not a Total Win for Anyone June 26, 2014 (PLANSPONSOR.com) – The U.S. Supreme Court this week ruled employee stock ownership plan (ESOP) fiduciaries are not...
Compliance | June 25th, 2014 ESOP Fiduciaries Not Entitled to Presumption of Prudence June 25, 2014 (PLANSPONSOR.com) – The U.S. Supreme Court has decided fiduciaries of employee stock ownership plans (ESOPs) are not...
Compliance | June 17th, 2014 New Bill to Encourage ESOPs Introduced June 17, 2014 (PLANSPONSOR.com) - House Ways and Means Committee members introduced legislation designed to spur more employee-ownership in private...
Compliance | June 5th, 2014 Fiduciary Status Not Triggered by Contribution in Company Stock June 5, 2014 (PLANSPONSOR.com) - A federal appellate court ruled Morgan Stanley & Co. and its CEO were not acting...
Compliance | June 4th, 2014 DOL Resolves Valuation Issues with ESOP Transaction June 4, 2014 (PLANSPONSOR.com) – The Department of Labor (DOL) reached a $5.25 million settlement with GreatBanc Trust Co., resolving...
Compliance | May 8th, 2014 Delta Air Lines Wins Stock Drop Suit Appeal May 8, 2014 (PLANSPONSOR.com) – The 11th U.S. Circuit Court of Appeals used its own case history to dismiss a...
Compliance | April 16th, 2014 High Court Ponders “Conflicts” for ESOP Fiduciaries April 17, 2014 (PLANSPONSOR.com) – What is the trustee of a retirement plan that offers employer stock as an investment...
Products | April 8th, 2014 New Product Helps ESOPs Match Liabilities April 8, 2014 (PLANSPONSOR.com) - Archford Capital Strategies launched an FDIC-insured, bank-issued, principal-protected investment to help employee stock ownership plans...
Opinions | March 7th, 2014 Are ESOPs Too Risky to Be Good Retirement Plans? March 7, 2014 (PLANSPONSOR.com) - Perhaps the most common criticism about employee stock ownership plans (ESOPs) is that they are...
Deals and People | March 5th, 2014 Blue Ridge Names Director of Plan Administration March 5, 2014 (PLANSPONSOR.com) – Blue Ridge ESOP Associates has named Kevin T. Rusch as the firm's director of plan...