It's Your Business
ESOP 101
Employee Mania
Culture
100

Items on GLHN's Balance Sheet that define what GLHN Owns.

What are Assets?

100

A retirement plan known for the abbreviation ESOP.

What is an employee stock ownership plan?
100

A current employee that has been at GLHN the longest.

Who is Anne?

100

The environment created by the concepts established and embraced by the firm and employees.

What is culture?

200

Items on GLHN's Balance Sheet that define what GLHN Owes.

What are Liabilities?

200

Receiving cash benefits from the plan upon retirement, death, disability, or termination of employment.

What is a distribution?

200

Responsible for creating client relationships and fostering new business.

who are all GLHN employees?

200

GLHN's guiding principle.

What is "Our Success Comes from Helping Other Succeed"?

300

The unbilled portion of GLHN's existing fee contracts.

What is backlog?

300

The percentage ownership of your account balance.

What is vesting?

300

The Director of First Impressions.

Who is Sedona?

300

The Camporee, Employee Appreciation Breakfast, Ice Cream Social, Dog Dayz of May, Hot & Spicey Valentines Social, Holiday Parties & Potlucks.

What are events that bring us together as a family and team?

400

The ratio of total indirect expenses to total direct labor.

What is the overhead rate?

400

The 12 month calendar period beginning each January 1st and ending on the following December 31st.

What is the plan year?

400

The GLHN former owners.

Who is Grigsby, Lynch, Harwell, & Nelson (GLHN)?

400

Employee creativity and ideas.

What does GLHN leadership & the ESOP CC promote?

500

Sales Minus

Cost of Services=Gross Profit

Minus Expenses=Net Profit

What is an income statement for a service company?

500

It's the brief description of the plan and explains your rights, obligations, and benefits.

What is the Summary Plan Description (SPD)?

500

Jennifer Ellsworth, Bill Koller, Cloriza Lomeli, Lisa Gomez, Donna Mertes, Justin Jolly

Who are members of GLHN's ESOP Committee?

500

The work schedule flexibility. The family atmosphere. The support of co-workers. The casual environment. The open conversation with EXCOM.  A Boss who listens.  Management is open to our suggestions.  The assistance with continuing education.

What do GLHN Employees appreciate about GLHN's culture?

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