ESOP Design & Installation | ESOP Administration | ESOP Appraisals

Technical Issues Webinars

Coming up on October 26th, October 27th and October 28th…

This is a series of three Webinars (each three hours in length) on ESOP technical issues. Presented by the legal and administration staff of Menke & Associates, Inc., they consist of a detailed explanation and analysis of the advanced operational and administration issues that are involved in operating and administering an ESOP. These Webinars are primarily for existing ESOP companies and are designed to assist ESOP companies in understanding how to avoid potential operational problems. These Webinars assume that the participant already has a basic knowledge of ESOPs.

To sign up for one of our Technical Issues seminars:

Call Jeanie Kluga at 1-800-347-8357 or
Download our registration form and fax the form to (415) 398-2260, email it to jkluga@menke.com or mail it to:

Menke & Associates, Inc.
Attn: Jeanie Kluga
255 California Street, 10th Floor
San Francisco, CA 94111

Click here to download the flyer

Program Agenda

Session 1: Introduction
- What is an ESOP?
- History of ESOPs

Session 2: Retirement Plan Basics

- Qualified vs. Nonqualified plans
- Types of Plans

Session 3: Basic ESOP Transactions
- Prefund
- Stock Contributions
- Leveraged ESOPs
- Section 1042 Transactions

Session 4: Plan Operation Features
- Eligibility Requirements
- Participation/Benefit Allocations
- Vesting
- Distributions

Session 5: Repurchase Obligation
- Repurchase Liability Studies
- Funding the Repurchase Obligation

Session 6: Administration/Recordkeeping
- Disclosure Requirements
- Administration Procedures
- Administration Pitfalls
- Lost Participants
- Lost Beneficiaries

Session 7: Special Problem Areas of Administration
- Contributions in Excess of 415 Limits
- Excess 401(k) Deferrals

Session 8: Accounting Issues
- Balance Sheet Impact
- Income Statement Impact

Session 9: S Corporation ESOPs
- Pitfalls
- IRC 409(p) Anti-Abuse Provisions

Session 10: Valuation Issues
- Majority Premium
- Minority Discount
- Marketability Discount

Session 11: Corporate Governance
- Control Issues
- Fiduciary Issues
- Pass-Through Issues

Session 12: Key Employee Incentive Plans
- Management Stock Bonus Plans
- Stock Option Plans
- Phantom Stock Plans
- Supplemental Executive Retirement Plan

Session 13: Advanced ESOP Transactions
- Combination Redemption/ESOP Buyout
- Stock Warrants
- Convertible Preferred Stock Transactions
- Refinancing ESOP Loans
- Multi-Stage Transactions
- Combination ESOP and Safe Harbor 401(k) Plans