ESOP Trustee Services
The ERISA Fiduciary Group provides high-quality fiduciary services to qualified plans that offer company stock as an investment. From high-profile stock accounts worth billions of dollars to very small ESOPs holding less than one million dollars in plan assets, the EFG has broad experience with ESOPs and other plans holding qualifying employer securities.
ESOP – Ongoing
Given our experience in the institutional trustee sector The ERISA Fiduciary Group offers a full array of ongoing ESOP trustee services. Armed with that experience, we offer custodial capabilities combined with the nimble responsiveness of an independent fiduciary.
Our services include:
- Directed and discretionary trustee services
- Institutional custodial capabilities (multiple custodian platforms)
- Selection and monitoring of ESOP valuator
- Annual valuation review and approval
ESOP – Transactions
The ERISA Fiduciary Group utilizes a deliberate approach to ESOP transactions that begins with accepting only high-quality ESOP transactions and ends with a well-documented process constructed to meet all relevant regulatory guidance.
Transaction Types:
- Formation
- Second stage
- Refinancing
- Voting
- Sell-side: stock and asset