Tag: ESOPs

Former employees claimed the company’s CEO converted plan assets for his and his company’s own use and benefit.

One of the president’s many executive orders issued Monday caused rules not already published in the Federal Register to be...

The rule would clarify the issue of 'adequate consideration' and replace a pending regulation first offered decades ago.

According to the group, its efforts can improve wealth-building efforts for American workers.

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

Deal will bring Principal's market representation to more than 2,000 ESOP plans and about 765,000 participants.

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.

SECURE 2.0 and the WORK Act, both found in the appropriations package, would reform ESOPs with the aim of making...

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

Employee-owners at S corporations can accrue benefits leading to superior retirement readiness.  

Participants in ESOPs were able to accrue larger balances than their non-ESOP counterparts, research found. 

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.

A new complaint claims that West Monroe ESOP participants who sold stock in the company did not receive fair market...

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