ESOP Services

ESOP Plan Sponsor Services

• Plan design in conjunction with client's other service providers
• Full-service recordkeeping and administration
• Reporting and disclosure
• Compliance testing
• Anti-abuse testing when applicable
• Consulting
• Repurchase liability studies prepared in-house
• Plan sponsor communication and training
• Employee meetings for communication and education
• Website services:
  • Document archiving
  • Customized forms online
  • Online plan sponsor newsletters and other messages available
  • Audit Support
    • Annual allocation report
    • Trust report and financial statements
    • IRS Form 5500
    • Summary Annual Report (SAR)
  • Customized on-demand reporting
  • Distribution processing
  • Diversification reporting

ESOP Participant Services

• Annual participation statements
• Education and communication
• Website services:
  • Account balances
  • Personal census data
  • On-demand participant statements
  • Historical statements
  • Beneficiary data
  • Distribution requests
  • Summary Plan Description (SPD)
  • Summary Annual Report (SAR)
• In-house bilingual call center