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Need good information on the basics of allocating an ESOP.


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Posted

I have found myself in the middle of a messy ESOP where no allocations have been done for several years. The ESOP is leveraged but the note was paid off.

Does anyone know or can send or point me to good information on the basics of allocating an ESOP? It's been way too many years since I have looked at one of these.

Thanks.

Posted

Check with the National Center for Employee Ownership (at nceo.org) and The ESOP Association (at esopassociation.org). These non-profit organizations are the best sources of information on all aspects of ESOP design and administration.

[This message has been edited by RLL (edited 11-10-1999).]

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