Employee Ownership Blog

The Second Circuit Court of Appeals (New York, Connecticut, and Vermont), along with the Third, Fifth, Sixth, Ninth and Eleventh Circuits, has adopted the Moench presumption, which holds that a plan fiduciary's choice to continue offering company stock as an option for plan participants is

According to research by Natixis Global Asset Management, the United States ranks in the top 25 for global retirement security, based on financial resources, but also on health and qual

The Certified Equity Professional Institute (CEPI) at Santa Clara University is hosting its 9th annual symposium, with topics that include balancing the expense and perceived benefits of equity compensation programs, tips for getting a job in the field, working with mobile employees, administerin

The American Taxpayer Relief Act (ATRA) made changes in the recognition period for built-in gains taxes for C corporations converting to S status. In the past, the law provided that such companies must pay tax on the sale of appreciated assets for 10 years after conversion.

Company stock in 401(k) plans fell to 8% of total 401(k) plan assets in 2011, according to a new report, "401(k) Plan Asset Allocation, Account Balances, and Loan Activity in 2012," from the Employee Benefit Research Institute.

The U.S. Department of Labor (DOL) and Sherwin-Williams reached an agreement under which the company will pay $80 million to current and past participants of its ESOP.

Michael Woodward, a commentator for Fox Business News, wrote a column on employee ownership on February 25.

The NCEO signed a letter to the Financial Accounting Standards Board (FASB) (PDF) in collaboration with the ESOP Association and Employee-Owned S Corporations of America.

The Employee Ownership Association of the UK released its report on events in employee ownership in 2012, noting that the number of employee-owned businesses increased by 10% during the year and citing the major government efforts in support of employee ownership.

Once again, the annual Fortune 100 Best Companies to Work For® is filled with companies with broad-based employee ownership plans. Of the 73 organizations on the list that are U.S. for-profit stock corporations, 44 have some sort of employee ownership plan (see table below).

In a joint project with the Employee Ownership Foundation, the NCEO found that employee ownership averts a substantial amount of unemployment and saved the federal government over $23 billion in 2010.

Assemblyman Upendra Chivulula, the deputy speaker of the New Jersey State Assembly, has introduced A3626, a bill to exclude from taxation any gains on the sale of at least 30% of a company to an ESOP or eligible worker cooperative (as defined by Section 1042 of the Internal Revenue Code).