The ESOP Association Blog

Covering ESOPs and employee ownership

Don’t forget to stop by the Membership Services Booth and say hello!

esop-slide-template - 2014 Vegas Conference

If you’re joining us at the 2014 Las Vegas Conference & Trade Show, November 13 – 14 at Caesars Palace, stop by booth #105 and say hello to the ESOP staff.

The Trade Show preview will be open from 5:00pm – 8:00pm the evening on November 12th and will officially open 6:30 AM on Thursday, November 13th.

  • We’ll have the latest ESOP publications, products, advocacy work, and press releases from The ESOP Association available.
  • Order your copy of the NEW edition of the ESOP Administration Handbook.
  • Learn more about gaining access to the “ABCs of ESOPs” interactive learning module for ESOP participants and get a tutorial on resources available to members through the Association’s website.
  • Don’t forget to drop off your business card for a chance to win an iPad mini and pick-up some great ESOP give-a-ways!
  • Make sure you’re receiving you monthly subscription to the ESOP Report.
  • Learn more about ordering ESOP technical publications published by the Association such as the ESOP Fiduciary Handbook, Valuing ESOP Shares, ESOP Accounting Standards, and much more.
  • Find out more about your local ESOP Chapter.

Filed under: Conference Information, Member Services,

How to Keep Up With Advocacy Updates

Want the latest government affairs news? We have it.

Website: all information is posted to The ESOP Association’s website. Check the ESOP Bulletin under Advocacy and the News section on the homepage.

ESOP Association Blog: government affairs information will be posted to The ESOP Association’s Blog as it happens. There is a subscription feature on the homepage of the blog. You’ll be notified by email when new information is posted. You can also subscribe to the RSS feed.

Facebook and LinkedIn: information and links to information are posted to the Association’s Facebook page and LinkedIn group for members to stay involved.

YouTube Channel: when important information is announced, additional commentary is posted to the Association’s YouTube Channel.

Email: emails to the membership will continue on important issues.

As always, as information breaks, you’ll be notified and the Association will continue to share information in several forms and places to reach members.


Filed under: Government Affairs, Member Services,

Download the 2014 Las Vegas Conference and Trade Show App!

The ESOP Association’s 2014 Las Vegas Conference & Trade Show app is available for download. The app is a convenient and comprehensive way to navigate the event and a way to utilize features before, during, and after the show.

ESOP Quad Graphic

This year’s app features:

  • The Dashboard to keep you organized
  • Exhibitor, session & speaker listings
  • Alerts which will allow attendees to receive important real-time communications
  • Attendees can locate exhibitors they want to visit

To download this app for the iPhone, iPod Touch, or iPad, search the Apple Store for “ESOP 2014” and download the mobile app as you would any other.

To download this app for all other phones and devices, visit the Google Play Store and search “ESOP 2014.”

For blackberry users, go to to download the app.

The following QR code can also be used to download the app.

ESOP Vegas QR code

App information will be updated regularly during the Conference & Trade Show.

Filed under: Conference Information, Member Services,

ABCs of ESOPs — Are You an ESOP Guru? Be One!

The ABCs of ESOPs is available exclusively to members of The ESOP Association as an interactive learning tool for ESOP participants. It includes lessons, quizzes, a glossary of ESOP terms, frequently asked questions, and games.

If you’re looking for an activity for Employee Ownership Month, the ABCs of ESOPs is a great place to start!

To access the ABCs of ESOPs, visit the Association’s website and click the Member Sign In button at the top of the page. Once logged in, click Meet & Learn, then Online Learning.

ABCs of ESOPs Flyer Updated 2014

Log in information for members:

Corporate, affiliate, and educational members – enter membership ID, email address, and the password will be your membership ID.

Professional members – enter membership ID, email address and the password is your last name.

If you have questions about the ABCs of ESOPs, please send an email to

Filed under: Member Services,

September 2014 ESOP Company News

We thought we’d share a few member highlights from September.

Wisconsin Chapter Members Visit Congressman Paul Ryan

During The ESOP Association’s 2014 Annual Conference in Washington, DC, members of the Wisconsin Chapter visited Capitol Hill to meet with members of Congress and their staff. This was the Chapter’s sixth annual organized effort as a Chapter, and members made a total of six visits. At right is a photo of Wisconsin Chapter members with Congressman Paul Ryan (R-WI).

 WI Chapter - 2014 Cong Ryan Visit

Schweitzer Engineering Laboratories, Inc.’s Lewiston Location Hosts Visit with Senator Mike Crapo

The employee owners of Schweitzer Engineering Laboratories, Inc. (SEL) shared their perspectives on employee ownership with Senator Mike Crapo (R-ID), a member of the Senate Finance Committee, when he visited the company’s manufacturing facility in Lewiston, Idaho in August 2014. He toured the manufacturing floor, learned about SEL and the products and services it provides for power systems around the world, and spoke with some of the 230 employee owners about the company’s ESOP. Senior Operations Manager Dave Strerath praised the retirement benefits afforded by the ESOP. Senator Crapo indicated his strong support for ESOPs and suggested that more businesses should follow the model. SEL Lewiston recently doubled the size of the manufacturing facility to 245,000 square feet. The plant specializes in producing high-quality relays, data cables, voltage regulator controllers, and plastic parts. Thanks to SEL’s Larry Camm for sharing the news.


Restek Corporation Visits with Congressman Glenn Thompson

On August 15, 2014, the employee owners of Restek Corporation in Bellefonte, Pennsylvania held a visit with Congressman Glenn Thompson (D-PA) to discuss the pro-ESOP bill, H.R. 4837. According to Restek employee owner, Mike Shuey, “Our meeting with Congressman Thompson was excellent. He co-sponsored the previous bill and is a co-sponsor of H.R. 2041 so he gave us his word he’ll get on this when he gets back to DC. Congressman Thompson is a true ESOP advocate and we greatly appreciate his support!” Thanks to Mike Shuey for sharing the news.

Restek Thompson Visit - 20140815_121214_resized

Filed under: Member Services, TEA Members

September 2014 ESOP Report

The September 2014 ESOP Report is now available for members. To access this month’s issue, you’ll need to sign into The ESOP Association’s website. The Member Sign In button is located at the top of the page. To get to the ESOP Report, click Meet & Learn. A link to the ESOP Report is located on the left side menu.


Filed under: Member Services, Publication,

The ESOP Association’s Outside Board Registry

As a member service, The ESOP Association maintains an Outside Board Registry. This registry is a list of potential board members knowledgeable about and familiar with ESOPs and employee ownership.

Members of The ESOP Association can be listed free of charge in the registry. To be listed, participants must be employed at or retired from a current ESOP Association member company, or be a current member of the Association in any member category. There is no charge for the registry if requested by a member of the Association.

If you would like to be included in this registry, contact Sharon Spencer at

The registry can be found on The ESOP Association’s website under Network. To access the information, you will need to login. The member login is at the top of the page. The Outside Board Registry is a member service provided by The ESOP Association.

Filed under: Member Services,

September 2014 Chapter Events

ESOP events in your neighborhood! Take a look at a few Chapter events we have going on this September.

(Current as of August 14, 2014. Check out the calendar for new events.)

September 4, 2014
Heart of America Chapter
15th Annual Fall ESOP Conference
DoubleTree by Hilton
Overland Park, KS  66210
Contact:  Karrie Imbrogno at 440.989.1552 or karrie AT

September 11 – 12, 2014
Illinois, Iowa / Nebraska, Minnesota / Dakotas & Wisconsin Chapters
Midwest ESOP Regional Conference-ESOPs Move Us Forward
Chicago Oak Brook Hills Resort
Oak Brook, IL
Contact Donna Walseth @ dwalseth AT or (763) 785-4122 or Sue Crockett @ scrockett AT or (612) 872-4375

September 12, 2014
Northwest Chapter
Let’s Talk ESOPs Brochure – Billings
Pacific Steel & Recycling
3385 Coulson Road
Billings, MT 59101
Contact Donna Walseth at 763-785-4122 or e-mail dwalseth AT

September 17 – 18, 2014
New South Chapter
“In Tune With ESOPs”
Nashville, TN
Contact Donna Walseth @ dwalseth AT or (763) 785-4122

September 17-18, 2014
PA/DE & NY/NJ Chapters
2014 Multi-State ESOP Conference
Hilton Scranton Conference Center
Scranton, PA
Contact Sue Crockett at scrockett AT or (612) 872-4375

September 18th & 19th, 2014
Southwest Chapter 2014 Fall Conference
Omni Houston Galleria Hotel
4 Riverway
Houston, Texas 77056
Contact:  Jim Schranz at 903.575.7345 or jschranz7 AT

September 25, 2014
Michigan Chapter
2014 Annual Fall Conference
Lansing Center
Lansing, MI 48933
Contact: Karrie Imbrogno at 440.989.1552 or karrie AT

September 26, 2014
Northwest Chapter
Let’s Talk ESOP’s – Portland
Chartwell Capital Solutions

Filed under: Chapter News, Member Services,

NewAge Industries Hosts Visit with Congressman Mike Fitzpatrick

ESOP COMPANY NEWS — To wrap-up August, we thought we’d highlight a few members. All this week, we’ll be sharing ESOP Association member stories and events. Enjoy.

NewAge Industries Hosts Visit with Congressman Mike Fitzpatrick

NewAge_Industries_Congressman_Fitzpatrick_visit-72Congressman Mike Fitzpatrick (R-PA) recently met with the employee owners of NewAge Industries in Southampton, Pennsylvania to discuss the benefits of employee ownership. The Congressman took part in a town hall style meeting to discuss the benefits of an ESOP and their potential to help other Pennsylvania businesses.

NewAge team members from several departments and with various levels of seniority, job responsibilities and length of employment — from two to twenty-five years — took part. They discussed the mindset of being an owner and not just an employee. The group displayed a thorough understanding of how their day-to-day decisions affect the future of everyone in the company.

NewAge’s employee owners feel that ESOP retirement plans can be a good option for Pennsylvania businesses. When previously employed at other companies, some current NewAge team members experienced the sale and subsequent dissolution of those companies. Other current employee owners work with companies whose owners are aging, and there’s concern that the leadership teams of those companies simply haven’t considered an ESOP as a viable business transition.

Thanks to NewAge’s Ann Phy for sharing the news with the Association.

Have company news to share? Send us a note at media AT



Filed under: Member Services, TEA Members,

Mid South Building Supply Hosts MAC Breakfast

ESOP COMPANY NEWS — To wrap-up August, we thought we’d highlight a few members. All this week, we’ll be sharing ESOP Association member stories and events. Enjoy.

Mid South Building Supply Hosts MAC Breakfast

The Mid-Atlantic Chapter (MAC) recently hosted a breakfast at Mid South Building Supply, Inc. in Springfield, Virginia. Breakfast meetings are a time-efficient and inexpensive way to provide additional information and networking opportunities for Chapter members in between larger Chapter-wide and National conferences. Bottom photo at left: Ben Wells of Dinsmore & Shohl, LLP, and Greg Hogan of SC&H Capital, LLC, lead a presentation on ESOP Releveraging at the MAC ESOP Breakfast meeting on July 30.

According to Tom Roback of Blue Ridge ESOP Associates, it was a very active session.

Thanks to Tom Roback and Paul Horn of WorkPlace Consultants for sending photos.

Have company news to share? Send us a note at media AT

MAC Mid South Meeting


Filed under: Member Services, TEA Members,

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