Blue Ridge ESOP Associates Industry News

ACEC New York: Supporting ESOP Expansion

Posted by Blue Ridge ESOP Associates

Jan 7, 2020 1:08:01 PM

From the article re: Top News for New York Engineering Firms in 2020  - "The ACEC New York-supported legislation would allow an Employee Stock Ownership Plan to own a greater amount of an organized design professional firm. Licensed design professionals would control and manage the firm, but a larger number of employees can share in the benefits of ownership. Employee ownership and professional management and control is a common business model across the country, and it helps firms manage ownership transition, stay locally-owned, retain top talent and reward those who build the firm’s success."

Experience the Leader in Personalized ESOP & 401(k) Administration

Blue Ridge ESOP Associates can provide everything you need to administer your ESOP, 401(k) or combination ESOP/401(k) plan. Our full service outsourcing, which can include participant on-line services, provides worry-free  assistance for your HR or Benefits staff, leaving them free to concentrate on other responsibilities.

Subscribe to Email Updates

Recent Posts