ESOP BASICS
The minimum age to be eligible to participate in the ESOP.
What is 21 years old.
He is the founder of the company who sold it to the employees.
Who is Bob Adams.
ESOP is an acronym for these words.
What is Employee Stock Ownership Plan
This paint sheen has the lowest reflection rate.
What is flat paint.
The school colors for the Kayhi Kings.
What are maroon and gold.
This is the title of the person or persons who oversee the operations of the ESOP.
Who are the trustee(s).
This is the year when the company was founded.
What is 1967.
This is the acronym for when you need to take a distribution after you reach age 70 1/2.
What is RMD - required minimum distribution.
This type of galvanized bolt is not blunt on the end.
What is a lag bolt.
This is the day of the week when the City Council holds their regularly scheduled meetings.
What is Thursday (the 1st and 3rd Thursdays of the month)
You will be fully vested after you have worked for the company for this length of time.
What is 6 years.
This currently employed worker has been employed with the company for the longest amount of time.
Who is Joe Odell.
This is the acronym that summarizes the ESOP plan into a document that is easier to read.
This type of lumber is infused with chemicals to prevent the natural process of decay.
What is treated lumber.
This former Saturday Night Live actor and half of the Blues Brothers portrayed the character, Bluto Blutarsky.
Who is John Belushi.
The contribution to the ESOP is allocated to your account based on a percent of what.
What is eligible compensation.
What is the name of the man who lives in the apartment over the receiving and back stock area of the store.
Who is Otto Johansen.
This legal document is the only way to allow your ESOP distribution to be paid to someone other than a living plan participant.
What is a QDRO - qualified domestics relation order.
These are two transparent corrugated roofing products that the company sells.
What is Palruf and Suntuf.
In 2017, this was the most populated city in the United States.
New York City.
The four reasons to initiate a payout from the ESOP.
This building that belongs to the company is across Tongass Avenue from the store.
What is the cedar warehouse.
This is the 1974 tax act that established the rules that are still used to protect plan participants in the ESOP.
What is ERISA - Employee Retirement Income Security Act.
This broad category of non-rolled flooring is currently leading the market for Do It Yourselfers.
What is luxury vinyl tile (LVT).
These 3 rivers join to form the Missouri river in Montana.
What are the Jefferson, Madison, and Gallatin rivers.