Blue Ridge ESOP Associates Industry News

New York's - "Main Street Employee Ownership Act"

Posted by Blue Ridge ESOP Associates

May 1, 2018 4:29:10 PM

New York's junior senator, Kirsten Gillibrand announced that new legislation is set to be presented to help make it easier for businesses to become employee owned. This announcement was made while the senator was visiting Schenectady Steel Company which has been 100% employee owned since 1975 and turning 100 years old in 2024.  "The Main Street Employee Ownership Act" is a bi-partisan bill which "aims to improve access to loans for ESOPs or co-ops and make it easier for small businesses to transition to an employee owned model. It's an effort to retain local business, and reward hard work."
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Topics: pro-ESOP legislation

32nd Annual Ohio Employee Ownership Conference

Posted by Blue Ridge ESOP Associates

Apr 26, 2018 11:00:00 AM

Blue Ridge ESOP Associates is proud to be a sponsor for the 32nd Annual Ohio Employee Ownership Conference.

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Topics: Plan Design, Repurchase Obligation, loans, sustainability

2018 ASPPA Eastern Regional Conference - Philadelphia

Posted by Blue Ridge ESOP Associates

Apr 25, 2018 11:05:55 AM

The annual ASPPA Eastern Regional Conference is being held this week in Philadelphia, PA. Tom Roback will be moderating the following session on Thursday, April 26 from 1:05-2:20 p.m.

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Topics: Plan Design

Heart of America's Annual Spring St. Louis ESOP Seminar

Posted by Blue Ridge ESOP Associates

Apr 24, 2018 5:32:21 PM

The Heart of America's annual spring St. Louis ESOP seminar is tomorrow! At this conference, you will have the opportunity to hear Anthony Brunsvold co-present at "The Great Debate: ESOP Sustainability" from 11:00 a.m. to 12:00 p.m. Hot topics that bring challenges to the management of ESOP companies will be discussed with suggested strategies that might help such challenges as distribution policy, repurchase methods, funding strategies and releveraging.
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Topics: Repurchase Obligation, Distributions, Conferences

2018 Employee Ownership Conference

Posted by Blue Ridge ESOP Associates

Apr 17, 2018 11:19:28 AM

2018 Employee Ownership Conference in Atlanta

Are you attending the conference this week? Stop by our booth and enter your business card for a chance to win an Amazon Echo Dot (2nd Generation). Our Blue Ridge professionals will be speaking in the following sessions. 

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Topics: Ownership Culture, Distributions, Conferences, Audits, Releveraging your ESOP, Year-End Valuation

The ESOP Association & Dolores Lawrence

Posted by Blue Ridge ESOP Associates

Apr 2, 2018 1:05:31 PM

We are pleased to announce that effective May 1, 2018, Blue Ridge ESOP Associates' Managing Director, Dolores Lawrence, will be the Chair of the Advisory Committee on Administration for The ESOP Association. Ms. Lawrence has over 29 years of experience in employee benefits, with a focus on plan design, implementation, administration and consulting services for ESOPs and 401(k) plans.  She also has a tax and accounting background, is a CPA and holds the QKA designation from ASPPA.She is a frequent speaker at regional and national ESOP conferences.
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Blue Ridge Professionals at Spring Conferences Nationwide

Posted by Blue Ridge ESOP Associates

Mar 20, 2018 4:15:51 PM

This week, Blue Ridge ESOP Associates professionals will be speaking at multiple conferences. If you're attending one of these, please make sure you say "hello" to one of our professionals attending the conference.

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Topics: ESOP Administration, Conferences

Who Is Considered a Corporate Officer?

Posted by Kim M. Thompson

Mar 13, 2018 4:12:50 PM

In our annual year-end data collection process, we always ask our clients to confirm who their officers are. Sometimes our clients will ask us what it means to be an officer.  This article is intended to provide guidance on this important question.

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March ESOP Madness:  Ready to Make the Most of Your Annual Participant Statements?

Posted by Blue Ridge ESOP Associates

Mar 13, 2018 4:12:22 PM

The following article has been provided to Blue Ridge ESOP Associates, courtesy of Workplace Development.  It’s time to sharpen your pencil and fill out your March Madness bracket. While we can offer no assistance on the NCAA Tournament – our brackets will be ruined at the end of day one too – we can help you with another important event:  your annual ESOP statement distribution process. Here are six suggestions to make the most of this great opportunity to communicate your plan’s benefits, engage employees as owners and build your ESOP culture.

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March 2018 - IRS/DOL Corner

Posted by Dolores P. Lawrence, CPA, QKA

Mar 13, 2018 4:11:33 PM

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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.

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