ELIGIBILITY
The number of years of service you must provide to become fully vested.
What is 6?
3 of the 4 events that allow for distribution.
What is termination, disability, death, or retirement?
The is the year NWS was founded.
What is 1960?
This is what the letters ESOP stand for.
What is Employee Stock Ownership Plan?
Which product did we sell the most of in 2024 (based on sales dollars)?
What is CSH12/42/12/48B (12" Beddar)?
The age at which you become eligible to participate in the ESOP.
What is 18?
EBITDAE stands for this.
What is Earnings, Before, Interest, Taxes, Depreciation, Amortization, ESOP Expenses?
The number of years of service Ryan Still has given to NWS.
What is 39 years?
This is who can make a difference in the value of our company stock.
Who is all employees?
From 2023 to 2024, within 5%, what was our percentage increase in sales?
What is 19%?
(14% - 24% is an accepted answer)
The length of time (in months or years) you have to be an employee at NWS before becoming eligible to participate in the ESOP.
What is 1 year (12 months)?
The term for the company's responsibility to buy back vested shares from employees when they leave or retire.
What is re-purchase obligation (RPO)?
The number of shims in the original NWS bundle.
What is 16?
The independent 3rd party who performs our valuation.
Who is Prairie Capital?
In 2024, within 3 trays per hour, what was our average speed on 12" Beddar shims?
What is 97.6?
(94.6 - 100.6 is an accepted answer)
The number of hours of service you must provide to become eligible for the ESOP.
What is 1,000 hours?
Three ways to increase gross margin.
What is increase sales (without increasing expenses), decrease waste, increase speeds, reduce material prices (logs, boxes, etc), reduce freight costs, reduce production costs, etc.)?
The first ever stake we made at NWS.
What is the power stake?
This is our Trustee, who acts solely in the best interest of our employee-owners.
Who is First International Bank and Trust?
In 2024, within 3 cases per hour, what was our average speed on 8" 12 Cnt pine?
What is 123.2?
(120.2 - 126.2 is an accepted answer)
This is the date you will enter the ESOP.
What is quarterly entry date?
This is when your ESOP value is considered income and becomes taxable
What is when you receive a cash distribution from your ESOP?
(Not taxable if you roll it over into a qualified retirement plan or IRA).
The original length of the first wood shims made at NWS.
What is 9"?
Three general factors which affect the value of our company.
What is financial results, debt levels, future projects, market conditions, and industry conditions?
In 2024, within 25 bf per labor hour, what was our average speed at the sawmill?
What is 461?
(436 - 486 is an accepted answer)