Numbers
The amount of money you pay out of pocket to fund the ESOP
What is 0?
The year we became an employee-owned organization
When is 2011?
The four events that allow for ESOP distribution
What is death, disability, retirement, termination?
What the letters E.S.O.P. stand for
What is Employee Stock Ownership Plan?
The number of uninterrupted years you work at our family of companies to become fully vested
What is 5?
The year the ESOP became popularized in the United States
When is 1974?
Someone who has a personal stake and shared responsibility in the success of our company
What is an employee owner?
How often our company's ESOP is valued
What is annually?
The number of hours you work each year to qualify for ESOP benefits
What is 1,000?
The team members who can make a difference in the value of our company stock
Who is everyone?
The percentage of your ESOP account that is yours and cannot be forfeited
What is vesting?
The estimated number of ESOPs in the United States
What is 10,000?
Team members you should talk to if you have questions about the ESOP
Who is Deb Herrell, Rhonda Guillory, Bea Franchetto and Kurt Lee?
A separate entity from the company that contains a holding account for unallocated shares
What is the ESOP Trust?
The maximum percentage of your total compensation the company can contribute to your ESOP
The federal departments who regulate the ESOP in the United States
Who are the IRS and the Department of Labor?