ELIGIBILITY
CONTRIBUTIONS
VESTING
BENEFITS
DISTRIBUTION & TAXES
100

What age and service time must you have to join the ESOP?

What is 18 years old and 1 year of service

100

Who makes contributions to the ESOP?

Who is the company.
100

How many years of service are required to be fully vested?

What is 6 years

100

What happens if you retire at 65 with 10 years of service?

What is you are fully vested and receive your full balance

100

Who is the ESOP Trustee?

Who is Michael S. Miller

200

On what date do you enter the Plan once eligible?

When is the first day of the next month. 

200

Contributions are allocated based on what two factors?

What is compensation and years of service.

200

After 4 years, what percentage vested are you?

What is 60%

200

What is the cost for a married employee to participate in the ESOP?

What is zero dollars.

200

What is the smallest balance that can be paid in a lump sum?

What is less than $10,000

300

This winter sport involves sliding stones across ice toward a target area?

What is Curling.


300

What type of stock is primarily invested in the ESOP?

What is company stock.

300

After 3 years, what percentage vested are you?

What is 40%

300

What does the acronym ERISA stand for?

What is the "Employee Retirement Income Security Act of 1974"

300

Who said “but in this world nothing can be said to be certain except death & taxes”? 

Hint: He likes kites and lightning.

Who is Benjamin Franklin. 

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