The ESOP Association Blog

Covering ESOPs and employee ownership

ESOP News Link

We thought we’d share another link today. Dr. Joseph Blasi, a preeminent researcher of employee ownership, has an opinion piece in Time. A good read. Go take a look.

The Wealthy and Powerful Discover Inequality

Filed under: Employee Ownership Message,

ESOP Champion, Senator Mary Landrieu, Makes Senate Floor Statement on Value of ESOPs

On July 31, 2014, Louisiana Senator Mary Landrieu (D) took to the Senate floor to make a statement on ESOPs. Below is an excerpt of her statement; you can read the statement in its entirety here.

An excerpt of Senator Landrieu’s statement follows:

“Ms. LANDRIEU. Madam President, I wish to reiterate my longstanding support for employee stock ownership plans or ESOPs. During my time in the Senate, I have been dedicated to building on the lasting contributions of my Louisiana predecessors, including Senator Russell B. Long, who, as Chair of the Senate Finance Committee, championed tax provisions to encourage corporations to adopt ESOPs. Senator Long advocated for employee stock ownership as an “issue that cuts across party lines in an attempt to bring out the best in our free enterprise system.’’ He believed that “it is only fair and right that those who work to make this economy succeed should have an opportunity to share in that success . . . [i]t is a matter of simple common sense and basic equity.’’ I couldn’t agree more.

“Last year, as chair of the Senate Committee on Small Business and Entrepreneurship, I convened a roundtable to provide small business owners, policy experts and other stakeholders an opportunity to express their views and to solicit their ideas on making tax reform work for small businesses. Participants argued in favor of a Tax Code that rewards employer and employee ownership as a means of providing continuity of business ownership and opportunities for employees of businesses to build wealth. Specifically, participants favored retaining the current Tax Code’s ESOP provisions, noting that during the most recent economic downturn, ESOPs, which are predominately small businesses, were able to retain more employees as they weathered the crisis than conventionally owned companies.

“Earlier this year, the New York Times published an article describing the research of three labor economists who have focused their work on promoting ESOPs as a “new perspective on how to resolve the disparities in wealth and income.’’ I ask unanimous consent to have printed in the Record the New York Times article, dated February 11, 2014, and titled, “Whatever Happened to ‘Every Man a King’?’’. These experts, Dr. Joseph Blasi and Dr. Richard Kruse of Rutgers University, and Dr. Douglas Freeman of Harvard University, argue in their book, “The Citizen’s Share’’, that policies promoting employee ownership date back to the era of the Founding Fathers and have garnered support from politicians and stakeholders across the political spectrum–from Ronald Reagan to Senator Bernie Sanders.

“Quite simply, policies that promote ESOPs are policies that merit this Chamber’s bipartisan support and I will continue the work of my Louisiana predecessors to ensure retirement security for working Americans.”

The New York Times article by Thomas B. Edsall can be found here.

Filed under: Employee Ownership Message, Government Affairs,

NEW EDITION: ESOP Administration Handbook

Publications Highlight

NEW EDITION: ESOP Administration Handbook

The ESOP Association’s Advisory Committee on Administration has released an updated edition of the ESOP Administration Handbook.  Order your 2014 Edition today. AdminHdbk COVER Artwork 2014

Designed as an overview and checklist of the entire administration process, this handbook is invaluable to:

  • In-House Administrators
  • Administrative Committee Members
  • Officers & Management Personnel Responsible for Administration of their Company’s ESOP
  • Service Providers in the ESOP Administration Area

Separate chapters are devoted to:

  • Disclosure Requirements
  • Participation & Coverage
  • Contributions & Dividends
  • ERISA Reporting
  • Diversification Requirements
  • Distributions
  • 401(k) Arrangements & ESOPs
  • ESOPs Sponsored by S Corporations

Members $150 + s&h

Non-Members $400 + s&h


Online click on “ESOP Store”

Phone toll free 1(866) 366-3832

Email pubs AT

Filed under: Member Services, Publication, ,

Join us in Las Vegas for the 2014 Conference & Trade Show


Conference, Trade Show, and registration information can be found on the Association’s website.

Filed under: Conference Information,

August ESOP Report

The August 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: Publication, ,

2014 Employee Ownership Month Poster

EPEOM2014emailsmallOrder the Award Winning 2014 Employee Ownership Month Poster “We Own Our Future” today.

October is Employee Ownership Month. Order the Award Winning 2014 Employee Ownership Month Poster “We Own Our Future” today.

Member Price: $10.00
Non-Member Price: $12.00

Order EOM posters here!

Poster designed by ESOP Association member Entertainment Partners. Celebrate employee ownership through an ESOP with this ESOP communication poster adorning your company’s work area, office walls, cafeteria, break room, shop floor, warehouse and at your Employee Ownership Month celebrations.

Posters will ship in September.

Filed under: Employee Ownership Month (EOM),

Employee Ownership Month 2014

Employee Ownership Month 2014 –

Download Your Press & Event Planning Kit Today

Every October, The ESOP Association and its members celebrate Employee Ownership Month (EOM). Each summer, the Press & Event Planning Kit, which highlights EOM activities of ESOP Association members, is shared with all corporate members to help generate event ideas.


You can now download your copy of the 2014 Press & Event Planning Kit from The ESOP Association’s website. (Note: This is a large file. It may take time to download.)

EOM is a celebration of the incredible spirit of employee ownership and an opportunity to educate employee owners about the tremendous benefits of ESOPs. It’s also an opportunity to educate the public, elected officials, and the media as to why employee ownership through ESOPs is good public policy and this Kit will help you in your endeavors.

A special message from ESOP Association President, J. Michael Keeling:

“It is with significant pride that The ESOP Association provides this one of a kind Press & Event Planning Kit, or EOM Kit, to members. While it may sound like bragging, this attractive document is really an activities, advocacy, media, and even a marketing kit, in one. I feel comfortable that if any company went to a reputable inside-the-beltway public relations firm focused on public policy for such a document, the price tag would run in the thousands of dollars if developed from scratch. And, each year, the local and national recognition of ESOP companies’ activities during EOM becomes more prominent, helping our community make the case to our national decision makers that ESOPs are our best national jobs and retirement savings policy. Let us know if you have questions about using the Kit.”

Get started TODAY! Download your copy of the 2014 Press & Event Planning Kit.

If you have questions or would like to submit stories and photos about your EOM events, please send an email to media AT

You will receive in the coming weeks a complimentary copy of this year’s winning poster designed by Entertainment Partners located in Burbank, California (pictured at top).

Additional copies of the poster can be ordered online.

Filed under: Employee Ownership Month (EOM),

2014 Las Vegas Conference and Trade Show: Agenda & Trade Show Info Updated

esop-slide-template - 2014 Vegas Conference

The 2014 Preliminary Agenda for the Las Vegas Conference and Trade Show is now available.


While every ESOP company executive, participant and the professionals who provide services to ESOPs can breathe easy that so far ESOP laws are faring well as Congress considers tax reform, the past six months have created new perplexing developments arising from a Supreme Court ESOP case, and detailed outcome in lawsuits brought by DOL against ESOP fiduciaries.  If ever an ESOP fan needed to hear the “best” analysis of these developments and how they may affect his or her ESOP, it is now; and these new developments will be front and center in discussions, formal and informal at the 2014 Las Vegas Conference and Trade Show, as evidenced by the descriptions of topics.

In sum The 2014 Las Vegas Conference and Trade Show will review developments not ever foreseen at the 2013 Conference and Trade Show.

Also, click below for the 2014 tradeshow information.


If questions, you may call The ESOP Association at 202-293-2971 and ask for Maya Van Buren or Rosemary Clements, or send an email to:

The ESOP Association: Where the ESOP Community Meets


Filed under: Conference Information,

August 2014 Chapter Events

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

August 7, 2014
Michigan Chapter
4th Annual CEO / CFO Roundtable
Cascade Hills Country Club
Grand Rapids, MI  49546
Contact: Karrie Imbrogno at 440.989.1552 or

August 14 – 15, 2014
Carolinas Chapter
2014 7th Annual ESOP U Agenda Carolinas
Pinehurst Resort
Pinehurst, NC
Contact: Donna Walseth @ or (763) 785-4122

August 27, 2014
Ohio/Kentucky and Indiana Chapters
13th Annual Tri-State ESOP Conference
Crowne Plaza Louisville Airport Hotel
Louisville, KY  40209
Contact: Karrie Imbrogno at 440.989.1552 or

August 28, 2014
Minnesota/Dakotas Chapter
Eggs and ESOP Meeting
Hosted by Hisco
13000 Wilfred Lane
Rogers, MN  55374
Contact: Sue Crockett at or (612) 872-4375

Filed under: Chapter News,

July 2014 Link Round-Up

SEL employee owners share experiences with Illinois Congressman

Congressional visits by ESOP Association members during this year’s Annual Conference

An article by Dr. Joseph Blasi: The Founding Fathers Feared a Powerful One Percent

A few ESOP articles of interest

July ESOP Report was posted

We talked about the Iowa Economic Development Authority’s ESOP Initiative Program

Some more ESOP news highlights

The 2014 Employee Owner Retreat is getting close

2014 Summer Advocacy Kits are available

Filed under: Government Affairs, Member Services, News Links, ,

Welcome to the employee ownership blog of The ESOP Association.
The place where you'll find the latest information on ESOPs and employee ownership news.
Serving the entire ESOP community.

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 102 other followers

Proudly Celebrating the ESOP Fiduciary Insurance Member Program

Flickr Stream

Wasp Inc Attendees

More Photos

Get every new post delivered to your Inbox.

Join 102 other followers