Vesting
Facts
SPD
VGP Specifics
100

18 years of age or older is the requirement to receive this

What is credit for years of service? 

100

Contributions to this plan are determined by the company based on this. 

What is the company's financial performance? 

100

Document describing the stock ownership plan. 

What is the SPD?

100

John S Zollo & Lauren A Pistell are these for VGP. 

Who are the trustees?

200
The number of years of service with VGP prior to becoming an ESOP required to receive 1 year  of vesting credit. 

What is 10 years?

200

The dates after beginning employment on which a new owner becomes eligible to participate in the plan. 

When are Jan 1 or Jul 1?

200

Found on Paylocity, this is where you would locate the provisions of our ESOP plan.

What is the SPD?

200

Company contributions and earnings on investments made with such contributions. 

What are the types of funding for our plan?

300

The number of years of service required for 60% vesting. 

What is 4 years?

300
A 12- month computation period in which you work or are credited with at least 1000 hours. 
What is a year of service?
300

Area of the SPD describing an overview of how the ESOP works.

What is Section II.  the plan highlights?
300

The date our ESOP plan became effective.

When was Jan 1 2017?
400

The total vesting percentage at 5 years of service. 

What is 80%

400

The act that provides for the rights and protections of ESOP participants.

What is the ERISA of 1974?
400

Location of information on the contributions to your account. 

What is Section V of the SPD?

400

Scott Ryals and Dennis Wilson fill this role for the ESOP. 

Who are the plan administrators?