Benefits Vet Posted May 19, 2020 Share Posted May 19, 2020 I am an experience benefits attorney but I have not had much ESOP experience, and I need to develop this skill. I would welcome any opinions about the resources and webinars available through NCEO or any other organizations. Thanks! Link to comment Share on other sites More sharing options...
A Shot in the Dark Posted May 19, 2020 Share Posted May 19, 2020 Within the ESOP hemisphere, there are primarily two associations, the NCEO (National Center for Employee Ownership) and the ESOP Association. Both have excellent materials for its members. In my opinion, the ESOP Association has more materials for practicing professionals, versus employers that sponsor ESOP's. Link to comment Share on other sites More sharing options...
ESOP Guy Posted May 19, 2020 Share Posted May 19, 2020 I would agree the ESOP Association seems to have be more geared towards the industry professional vs the NCEO which clearly has an employee owned company as more of its goal. I will say that ESOPs are a real specialty to themselves. I am not trying to be mean but I cringe whenever we get a client whose former TPA was a 401(k) shop that was doing the ESOP work as a courtesy to their 401(k) client. They have a very high VCP filing record after we start to dig into them. If you want to learn I would suggest you find out which ESOP Association chapter you live in. If you live in the US you live in a chapter's territory. You can find out when they are having local conferences. They all have at least 2/year. I would think about attending those. The chapter conferences are less expensive and since it is broken down into territories you might not incur as large travel costs. They all have good breakout sessions. If you just can't make a conference if you join the NCEO they have a 1 hour webinar most weeks of the year that is free to members. They happen around lunch time if you are in the Eastern or Central time zones. If you are west of that it is still morning when they happen. At one hour they aren't going to be super detail but you can get a good idea of the issues. ESOPMomma 1 Link to comment Share on other sites More sharing options...
Griswold Posted May 20, 2020 Share Posted May 20, 2020 I've always been impressed by the NCEO events I've gone to. It's not really aimed at lawyers, but lawyers can learn a lot there, especially if you're starting from zero. As a bonus, it's a bit more affordable than the ESOP Association, especially for new members. Link to comment Share on other sites More sharing options...
rocknrolls2 Posted May 20, 2020 Share Posted May 20, 2020 I went to an NCEO srminar when I was in-house counsel to a Fortune 50 company that is publicly traded. I found it to be highly informative. Link to comment Share on other sites More sharing options...
Benefits Vet Posted May 22, 2020 Author Share Posted May 22, 2020 Thank you everyone! Link to comment Share on other sites More sharing options...
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