New York City District Council of Carpenters Benefit Funds
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Retirement Planners and Administrators (RPA)
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Fringe Benefit Group
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TPA Retirement Plan Consultant EPIC RPS (TPA/DPS)
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Defined Contributions Compliance Consultant Loren D. Stark Company (LDSCO)
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Great Lakes Pension Associates, Inc.
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Senior Specialist 401k Recordkeeping T Bank N.A.
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Pollard & Associates
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Retirement Solutions Specialists
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Defined Contribution Account Manager Nova 401(k) Associates
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Greenline Wealth Management
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The 'Trickle-In' ESOP
Principal Financial Group Jan. 15, 2016
"[Under] a 'trickle in' strategy ... the company will use its annual profits (cash) to redeem a small percentage of stock from an owner ... [typically] limited to 25% of eligible payroll (or less). The company will in turn contribute those shares, in kind, to the ESOP and allocate them as a current year retirement plan benefit to the employees based on their eligible pay for the year.... This approach ... may be a good alternative for companies that cannot afford the costs of the larger, complex transaction and/or maybe want to get their feet wet a bit on the ESOP concept ... [and/or] to accommodate the liquidity event for a small, minority shareholder, knowing that the intention is to have the ESOP be a larger shareholder at some point down the road."
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