Employee Stock Ownership Plans (ESOPs)

ESOPs are a type of defined contribution plan that offers the employees of a company the opportunity to become stockowners of that company. The goal is to give employees a legitimate stake in the company as they work to improve its performance and profitability.

By their nature, the primary investment in an ESOP is company stock. Fully deductible contributions can be made in the form of company stock, and employees can be required to sell stock back to the company.

Goldleaf Partners delivers uncompromising service and plan administration. We can help design your ESOP, manage the details, and keep your plan compliant.

Plan Advantages:

• Owners sell appreciated company stock to the ESOP and defer the capital gain on the sale.
• Employees have the opportunity to participate in the ownership of the company.
• An ESOP provides a market for company stock.