ESOP
The "O" in ESOP stands for what?
What is Ownership?
The former owner/CEO who sold BAPKO to the employees.
Who is Fred Bagatourian?
As one the eligibility requirements to be part of BAPKO's ESOP, you must be at least ____ years of age.
What is 18?
The retirement age as defined by the ESOP Plan.
What is the age of 65?
ESOP is an Acronym for this.
What is Employee Stock Ownership Program?
Name at least 5 current ESOP committee members.
Who are Eric Ogawa, Erick Beltran, Ian Escala, Malcolm Murphy, Rosendo Medina, Ryan Ziemer, Scott Fricke, Sonia Souza, Terrie Lopez, Victor Heinen, Tim Black?
What is 250 Hours?
This document that explains a company's ESOP retirement plan.
What is the Plan Document?
The year BAPKO became an ESOP Company.
What is 2018?
This Trustee who represents BAPKO Metal.
Who is Neil Brozen / Ventura ESOP Fiduciary Services LLC?
Ongoing eligibility to receive shares requires _____ Hours worked and being an employee since September 30th of the plan year.
What is 1000 Hours?
After meeting the eligibility requirements, employee/owners receive this yearly.
What are the Shares?
This State has the highest number of ESOP Companies.
What is California?
The BAPKO ESOP Committee is currently made up of this many members.
What is 11?
An Employee/Owner becomes 60% vested after the ____ year of working at BAPKO (as long as eligibility requirements have been met).
What is 4th Year?
____ x Share Price = Your Account Value
This is the equation to calculate your ESOP account value.
What is the Number of Shares?
There are more than _____ ESOPs in the US.
_____ is the name of the independent appraisal company that evaluates BAPKO's share price.
What is Chartwell Financial?
Forfeitures; the number of one year service breaks that has to occur before unvested shares are forfeited and distributed to that current plan year's participants.
What is 5?
ESOP Employees are required to withhold at least ____ percent for federal withholding.
What is 20%?