~Echometer ESOP JEOPARDY~

ELIGIBILITY

10

This the age at which you qualify for ESOP benefits...

What is 21?

20

This is the number of uninterrupted years of service you provide to become fully vested...

What is 6?

30

This is the amount of money you pay out of pocket annually to ESOP.

What is $0 (zero)?

40

The number of hours of service you provide each year to qualify for ESOP benefits that year...

What is 1000 hours?

50

The total amount of time it will take for Echometer shares to be 100% employee owned.

What is 20 years?

DISTRIBUTION

10

Any of these four events allow for distribution...

What is termination, disability, death, or retirement?

20

The age and number of years of participation when you are given the option to diversify...

What is 55 and 10 years of participation?

30

This is how the company converts yours stock shares to cash...

What is re-purchase obligation?

40

The employee can exercise the & require company to re-purchase shares at current fair market value...

What is put-option?

50

This is when your ESOP value is considered income and is taxed...

What is after distribution?

HISTORY

10

The year in which the Employee Retirement Income Security Act (ESOP law) was put into place...

What is 1974?

20

This is who regulates ESOP's in the U.S...

Who is the IRS and Department of Labor?

30

The number of ESOP's currently in place in the U.S...

What is 10,000?

40

Even in the worst economy since the great depression, this is the percentage of ESOP companies had a better performance...

What is 67.6%?

50

Total Estimated Assets of ESOP companies in the U.S...

What is $860 billion?

ESOP FACTS

10

This is what the letters ESOP stand for...

What is Employee Stock Ownership Plan?

20

That is how often our company is valued...

What is annually?

30

The Trustee who acts in exclusive interest of the trust beneficiaries...

Who is Wayne Isaacks?

40

This is who can make a difference in the value of our company stock...

Who is everyone?

50

This is what affects the value of our company...

What is financial condition, history of enterprise, economic outlook of industry, nature of business, market value of similar companies?

ECHO FACTS

10

These three things are listed under the ESOP tab on the employee website...

What is summary plan description, distribution form, and submit a question?

20

The full meaning of SDS...

What is Shrinking Diamond Syndrome?

30

This of the number of members the speculated to be on the Board of Directors...

What is 4?

40

This is one of the 3 accolades Kesslers has received in 2012 as listed on the website...

What is Wisconsin Bride Magazine best of 2012, Ernst & Young Entrepreneur of the Year Finalist 2012, or Milwaukee Journal Best Places to Work 2012?

50

The original share value of 1 Echometer share in 2021 when the company was sold to the ESOP. 

What is $10?