You, Me and All of We!
21 years of age, working for NCBP for six months consecutively and 500 hours worked.
What is Participant Eligibility.
The acronym ESOP stands for these four words.
What is Employee Stock Ownership Plan?
This is Employee Ownership Month.
What is October?
As cash installments or lump sum direct rollover is known as this.
What is Distribution.
Simphony and Skytab are examples of Point of Sale systems for this verticle.
What is Hospitality.
These things are examples of this:
Take Ownership,Embrace Change,Cultivate Knowledge, Prioritize People
What are NCBP's core values.
This is a tax-differed retirement benefit that credit the value of shares of company stock to your individual account.
What is an ESOP.
Earning wealth creation is known as this.
What is one goal of an ESOP.
This starts with your eligibility date and increases the longer you work for NCBP.
What is a vesting schedule.
The ideas here are not ESOP -related
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The first day of the plan year when your eligibility was met, or your hire date, whichever is later is your?
What is the ESOP entry date.
This is the reason and the purpose NCBP became an ESOP company.
What is empower associates as owners.
An independent valuation firm annually examining sales growth, profitability, amount of debt and future cash flow to determine this.
What determines the stock value of our ESOP.
After this many years of consecutive years with the company after your eligibility date you are 100% vested.
What is six years.
SMS and Encore are examples of products in this vertical.
What is Grocery?
A process that determines how much of a participant's balance is "owned" by the employee, increasing each year until 100%.
What is Vesting.
The NCBP ESOP was established this year.
What is 2003.
A phrase for "Allocation" may be called this.
What is Receiving Shares
Distributions are received from an ESOP at this time.
What is when my employment ends.
-Retirement, Separation, Disability, Death
The ideas here are not ESOP -related
This mindset turns “someone should fix that” into “I can help fix that.”
What is an ownership mentality?
This is the founding year for NCBP.
What is 1948.
From this website one can access their ESOP statement.
What is ADP Workforce?
The ideas here are not ESOP -related