Coronavirus (COVID-19) News and Resources
Coronavirus (COVID-19) Webcasts
Subscribe to Free Daily Newsletters
Post a Job

Featured Jobs

Enrolled Actuary
Loren D. Stark Company logo
Loren D. Stark Company
(Telecommute)
ESOP Valuation Writer
Unique ESOP Valuation Provider
(Telecommute)

Free Daily News and Jobs

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Get the BenefitsLink app LinkedIn
Twitter
Facebook

<< Previous news item   |   Next news item >>



Are ESOPs Too Risky to Be Good Retirement Plans?
National Center for Employee Ownership [NCEO] Link to more items from this source
Mar. 16, 2014
"Based on [DOL] filings, companies on average contribute 50% to 100% more to ESOPs than non-ESOP companies do to 401(k) plans. Most of the money in a 401(k) plan comes from the employee. With few exceptions, all the assets in an ESOP come from the company.... [ESOP companies] lay people off less often than non-ESOP companies. ESOPs cover more employees, especially younger and lower income employees, than 401(k) plans. ESOP companies are somewhat more likely to offer secondary retirement plans than conventional companies are to offer any plan."

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).
© 2020 BenefitsLink.com, Inc.