Blue Ridge ESOP Associates Industry News

2017 Multi-State ESOP Conference

Posted by Blue Ridge ESOP Associates

Sep 6, 2017 4:41:03 PM

The 2017 Multi-State Conference - PA/DE and NY/NJ Chapters will be September 13-15, 2017. Due to high demand, you must act quickly as registration will close this Friday, September 8. At this conference, stop by our table to visit with our professionals. You will have the opportunity to hear Jon Williams speak Thursday morning about "Basic ESOP Distribution Rules" which will provide attendees a refresher course in the options and requirements for making distribution payments. You will also have the opportunity to hear Renee Stadtmueller speak Thursday afternoon regarding "How a Repurchase Obligation Study Can Help You Optimize your ESOP" which will discuss how you can use the repurchase study tool to help you make educated decisions as you develop your strategy for managing the ESOP.
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Topics: ESOP Administration, Distributions, Conferences

ESCA: District Visits Report

Posted by ESCA

Aug 25, 2017 10:10:00 AM

Visit #1: James Estes, Regional Representative for U.S. Senator Thom Tillis (R-NC), visited ESCA Board member Schweitzer Engineering Laboratories (SEL) Charlotte facility last week. SEL employee-owners and Government Affairs Representative Larry Camm spoke with the Senator's Regional Representative about the culture of employee-ownership and gave a tour of the SEL Charlotte facility.

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Topics: Congressional Visits

NCEO Webinar: Handling the Repurchase Obligation: Forecasting

Posted by Blue Ridge ESOP Associates

Aug 23, 2017 1:25:00 PM

The National Center for Employee Ownership hosts live webinars throughout the year for ESOP companies. Blue Ridge ESOP Associates' professional, Kevin Rusch, will be presenting next Wednesday, August 29.

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Topics: Repurchase Obligation

NCEO: The Oconomowoc ESOP Nuts and Bolts Seminar

Posted by Blue Ridge ESOP Associates

Aug 18, 2017 4:58:00 PM

Come to the ESOP Nuts and Bolts seminar Tuesday, August 29th in Oconomowoc, Wisconsin. 

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2017 Midwest ESOP Conference

Posted by Blue Ridge ESOP Associates

Aug 16, 2017 4:21:51 PM

The 2017 Midwest ESOP Conference will be September 7-8, 2017. Due to high demand, you must act quickly as registration will close this Friday, August 18. At this conference, stop by our booth to visit with our professionals. You will also have the opportunity to hear  Pam Themar speak at the session ESOP Essentials: Basic ESOP Administration which will cover the basic overview of plan administration; covering eligibility, allocation activity, vesting requirements, compliance testing, distributions and reporting requirements.
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Topics: ESOP Administration, Distributions, Conferences

Heart of America's 18th Annual Fall ESOP Conference

Posted by Blue Ridge ESOP Associates

Aug 16, 2017 12:39:47 PM

The Heart of America's 18th Annual Fall ESOP Conference is coming up next week! There is still time today to register with the early bird discount here. At this conference, you will have the opportunity to hear Anthony Brunsvold present at one of the sessions about The "4 R's" ~ Reshuffling, Redeeming, Rebalancing & Releveraging. In this advanced session, experienced practitioners will explain the mechanics and consequences of the "4 R's".
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Topics: Distributions, Dividend Rules, Diversification, Conferences

OEOC Webinars for ESOP Companies

Posted by Blue Ridge ESOP Associates

Aug 15, 2017 5:18:10 PM

The Ohio Employee Ownership Center is hosting a series of webinars for ESOP companies. Blue Ridge ESOP Associates' professional, Kevin Rusch, will be presenting next Wednesday, August 23.

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Topics: Repurchase Obligation

ESCA: Congressional Visit

Posted by ESCA

Aug 7, 2017 11:53:14 AM

Salem Distributing Company, Inc. took initiative to meet with their Congressional representative last week. Below is an update from ESCA regarding their visit:

Last week, ESCA member company Salem Distributing Company, Inc. met with Congresswoman Virginia Foxx (R-NC-5) in her district office. Because Congresswoman Foxx chairs the Committee on Education and the Workforce, which has jurisdiction over Department of Labor issues, Salem Distributing CEO Mike Willard and Controller Gale Marett focused their discussion on the Department of Labor's approach to ESOPs. Our goal for this meeting was to encourage Congresswoman Foxx to convey her support for ESOPs and concerns about aggressive enforcement efforts to Secretary Alexander Acosta.  We appreciate her willingness to speak with Secretary Acosta on behalf of ESCA member companies and look forward to continuing to work with her on DOL and other issues in the future. 

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Topics: Congressional Visits

Tom Roback Radio Interview about ESOPs

Posted by Blue Ridge ESOP Associates

Jul 27, 2017 5:19:17 PM

What is an ESOP? Know a company owner looking for an exit strategy as they face retirement age? What kind of business is right for an ESOP? How does an employee benefit from an ESOP? These questions and many others are answered in Tom Roback's interview which is now available to listen to online

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Topics: ESOP Administration

OH/KY ESOP Chapter Thoroughbred Conference

Posted by Blue Ridge ESOP Associates

Jul 25, 2017 4:24:42 PM

The Ohio/Kentucky Thoroughbred ESOP Conference is coming up in August. There is still time to register with the early bird discount here. At this conference, you will have the opportunity to hear Renee Stadtmueller present at the following session about The Three D's of ESOPs: Distributions, Diversification, and Dividends. This session will address the: 1) timing and form of ESOP Distributions; 2) statutory Diversification rules; and, 3) special treatment of Dividends in ESOPs from a legal and administrative perspective. The three "D"s of ESOPS pertain to all ESOP companies and attendees will gain insight and a better understanding of this aspect of their plan's administration.
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Topics: Distributions, Dividend Rules, Diversification, Conferences