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.

Anatomy of an ESOP Transaction

ESOP transactions are usually described in very general terms, but it can often help to walk through a specific and fairly complex one.
Member-Only Content. Login or Join to View.

Case Study: Sierra Aluminum

One of the most contested and significant ESOP lawsuits in recent years was Perez v. GreatBanc Trust, which resulted in a $5.25 million settlement over the handling of the ESOP at Sierra Aluminum. This article gives some overlooked background about Sierra Aluminum's ESOP. 
Member-Only Content. Login or Join to View.

Cases & Rulings

HIGHLIGHTS: ERISA supersedes state tax law
Member-Only Content. Login or Join to View.