Blue Ridge ESOP Associates Industry News

Blue Ridge is a proud Pre-Conference Sponsor for the upcoming 2024 Annual Employee Ownership Conference where our experts will be sharing about "Maximizing ESOP Success: Effective Communication, Cultural Engagement, and Technical Foundations". During the conference, swing by our booth for some surprise giveaways and let our professionals provide you information about our enhanced integrated services from communication to administration.

Blue Ridge is a proud Gold Sponsor at this week's Ohio Employee Ownership Conference, and our professionals will be speaking at the sessions listed below.

Blue Ridge is a proud Leader Sponsor for the upcoming Ohio/Kentucky 2024 Spring Conference, and our professionals will be speaking at the sessions listed below.

Our team of professionals will be in attendance at the upcoming conference and available to provide information about all of the services Blue Ridge is able to offer for your company.  Scott Freund will be presenting a mini-session about "Distribution Calendars".

Blue Ridge is proud to be a Leader Level Sponsor for the Iowa/Nebraska Chapter - 2024 Winter Conference & Roundtables in Cedar Rapids, IA, on February 28-29. Our professional Chad Guzinski  will be available to provide information about all of the services Blue Ridge is able to offer for your company.  Dustin Pirie will be co-leading the session, "Financing Update and Impacts of Leverage on Valuation and Repurchase Obligations".

My ESOP third party administrator (TPA) is asking me to “please verify whether you have synthetic equity and any new family groups.” Why are they asking?

Turnover is inevitable and in some cases, employees are rehired. How do you treat rehired employees? Will the employee automatically participate in the plan? Will their vesting remain the same? What happens if the employee is in payout status? In this article we will look at eligibility, breaks in service, vesting, and other things to keep in mind so when an employee is rehired, you will be able to confidently explain what that means for their account.

On November 2, 2023, the IRS announced cost of living adjustments affecting qualified retirement plans for 2024.