How Long Is Too Long for an ESOP Loan? ESOP Consultants Provide Differing Views

We have written in the past about the issue of how long is too long for an internal ESOP loan. In a typical ESOP, there is an external loan between the company and the lender(s) and an internal loan between the company and the ESOP. The internal loan is used to allocate the shares over time and is almost always longer than the external loan.
Member-Only Content. Login or Join to View.

Cases & Rulings: July 2022

Seventy Seven Energy 401(k) Stock Drop Case Settled: In Snider v. Administrative Committee Seventy Seven Energy Retirement Plan, Cov29-977-D (W.D.
Member-Only Content. Login or Join to View.

Company News: July 2022

● Investment fund Apis & Heritage, founded and led by NCEO board m
Member-Only Content. Login or Join to View.

Ownership News: May 2024

Wisconsin Bill Would Provide Tax Incentives for Employee Ownership Feasibility and Conversion
Member-Only Content. Login or Join to View.

Research: Trends in New ESOP Growth

Filing data for 2021 and 2022 shows over 69,00 new participants in ESOPs and a continued pattern of construction industry ESOP growth.
Member-Only Content. Login or Join to View.

Uptick in Number of Employee-Owners

According to the latest data available from the Department of Labor, there were 6,669 ESOPs covering 14.4 million participants and holding close to $1.3 trillion in plan assets as of the end of 2015.
Member-Only Content. Login or Join to View.