Employee Stock Ownership Plans

Employee Stock Ownership Plans, or ESOPs, are tax qualified defined contribution employee benefit (ERISA) plans designed to invest primarily in the stock of the sponsoring employer.

ESOPs are "qualified" in the sense that the ESOP's sponsoring company, the selling shareholder and participants will all  receive individual and separate tax benefits. ESOPs are often used as a corporate finance strategy and are also used to align the interests of a company's employees with those of the company's shareholders.

Benefit Resources, Inc. can help you design a tailor-made ESOP program to maximize retirement benefits.