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Relius users - ESOP's


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Guest mspencer
Posted

Anybody out there using Relius to process ESOP's? If so, is there a Relius ESOP users group, and if not are you interested in forming one? I'm not sure how you go about doing so, but I figured this is as good a place as any to start!

Posted

I am scared to ask, but in particular, are you referring to leveraged ESOPs?

and how to process, etc? I have done, some might consider bizzare way of tracking the loan and stuff.

I can't imagine there being a specific ESOP group, especially since the system tracks shares, it shouldn't be any different than regular plan processing for a normal plan, except perhaps if you want a diversification report.

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