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At our recent Fall Forum, Jamie Kwiatek of Polsinelli and Antony Brunsvold of Blue Ride ESOP Services discussed some of the most common errors in ESOP plan administration and how to avoid them.

Most ESOP companies will not tell employees who do not otherwise need to know that a sale is being considered.

At the recent NCEO virtual conference, Tom DeSimone of Prairie Capital discussed how companies need to communicate valuation to employees. This is especially important now when valuations may decline.

● LifeCare Ambulance of Elyria, Ohio, has sold to an ESOP.

Publix, the largest employee-owned company in the US with more than 240,000 associates, has ranked No. 6 on the Forbes America’s Best Large Employers list.

M Culinary Concepts, a catering firm based in Phoenix, AZ, has changed its entire ownership structure by becoming 100% employee-owned via an ESOP.

100% ESOP-owned The Resorts Companies, Inc. has promoted Steve Krohn to president and chief operating officer, as well as Matthias Smith to executive vice president.

As a 100% employee-owned company, Van Meter Inc., a wholesale industrial and electrical supplier based in Cedar Rapids, Iowa, has demonstrated a lasting commitment to giving its employees ownership and improving its community through volunteer efforts.

Oak Creek, Wisconsin’s Eder Flag is in the spotlight thanks to some high-profile allies. The ESOP company which specializes in flag making, was recently the subject of the short documentary “The Flagmakers.”

Known for its competitively priced and environmentally friendly drinkware, Simple Modern is now ESOP-owned.