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