ESOP Plan Design - Creating the Right Fit
Boulay takes the time to understand your business’s needs, using this as the foundation to build or modify your Employee Stock Ownership Plan (ESOP). Our plan design services account for all details to create the right fit or adjust—resulting in an ESOP that helps you get there. While Boulay provides ESOP Plan Design services nationwide, our Mankato office is conveniently located on Madison Avenue.
Office Hours
Monday 8 – 4:30 PM
Tuesday 8 – 4:30 PM
Wednesday 8 – 4:30 PM
Thursday 8 – 4:30 PM
Friday 8 – 4:30 PM
ESOP PLAN DESIGN MATRIX
When designed and implemented correctly, an ESOP provides significant benefits to both your business and employees. Our customized process starts with a thorough understanding of your company’s and employees’ needs, through the use of our ESOP design matrix. This tool enables you to assess various provisions—such as eligibility, vesting schedules, contribution formulas, and distribution policies—by weighing their pros and cons, helping you craft an ESOP plan tailored to your specific needs.
Integrated ESOP Expertise
With a team of assurance, tax and benefits professionals who have integrated ESOPs into their services, you will benefit from the in-depth experience and innovative ideas our professionals bring to the table. We simplify the complex options within the design process, guiding you in creating an ESOP plan built for the success of both your company and the ESOP Trust.
ESOP Plan Design Services in Mankato
Our objective is to deliver a highly customized ESOP plan design that surpasses your expectations and meets your unique needs. By understanding your goals and applying our ESOP plan design matrix, we craft a solution precisely tailored to your business. Once your ESOP is successfully designed and implemented, our ongoing ESOP Administration services help ensure its long-term success. Ready to take the next step? Contact us today to discuss how we can help create the right ESOP plan for your business.
ESOP TEAM
Latest Insights
Post-Election ESOP Roundtable Discussion
With the start of the new year, what do the results of the November 2024 U.S. election mean for S Corporation ESOPs?Join Noelle Montano, Executive Director of ESCA (Employee-owned S Corporations of America), for a…
How Employee Participation and Engagement Drive ESOP Success
Employee Stock Ownership Plans (ESOPs) offer a transformative approach to business ownership by allowing the employees to have the financial benefit of ownership and aligning their efforts with the company's long-term goals. Research indicates that…
How the Repurchase Obligation Affects the Share Price of ESOPs
Employee Stock Ownership Plans (ESOPs) provide a robust framework for engaging employees and enhancing corporate financial strategies in closely held companies. Despite the motivational and economic benefits, ESOPs also require certain financial commitments, primarily the…
Selling to an ESOP: Shared Benefits for Business Owners and Employees
When planning their exit strategy, business owners must weigh numerous worthwhile alternatives. One option worth exploring is an employee stock ownership plan (ESOP). An ESOP is a qualified retirement plan that allows employees to own…
Using Account Segregation in an ESOP
This article was featured in the National Center for Employee Ownership (NCEO)’s January 2024 Newsletter. It is based on a presentation by Dan Markowitz, Boulay Partner and NCEO board member.Many ESOP companies prefer that when…
Managing ESOP Distributions
Employee Stock Ownership Plans (ESOPs) stand as an innovative approach for companies to empower their workforce by offering a pathway to retirement benefits through beneficial ownership stake. However, the mechanisms governing ESOP distributions are intricate,…
Contact our ESOP Experts
To learn how we can help with our ESOP plan design services, contact us at 952.893.9320 or connect with us.