This bingo card has 20 words: The price of the products/ services we have sold., How long do you need to be employed to become an active participant in ESOP, The process of an eligible participant receiving cash payment(s) from their ESOP account., Number of hours a eligible employee must work during a plan year for it to be considered a "Year of Service" under the ESOP., The act or process of determining the value of a business and setting the stock share price., Consists of individuals who are responsible for the business strategy and direction of the company and Executive Team., Stock that has been assigned to a specific participant account and is part of their personal retirement account., This type of corporation is generally exempt from federal corporate income taxes, increasing the company's net income., A unit of ownership in the corporation., The profit we made from revenue, after we paid all expenses, include materials, labor, building office supplies, etc., Employee Stock Ownership Plan. A qualified retirement plan that is designed to primarily invest in company stock., An individual that is required under law to act prudently and solely in the best interest of the plan participants in regards to the retirement plan (ESOP), The person(s) a participant has designated to receive their benefits in the case of their death., The organization that manages the individual participant ESOP accounts, including account statements., Individual or institution with authority to vote on behalf of the stock share owners, and has discretion over ESOP plan assets., The independent Financial Advisor that Loftness uses for the Valuation process., This individual or institution is a Fiduciary for the plan, The ability of an eligible active participant to elect to move a portion of their ESOP balance o a different retirement account., The process of Loftness contributing ESOP stock shares to eligible participants, increasing their personal ESOP account balance. and The year Loftness ESOP was created..
ComSonics ESOP Bingo! | ESOP Bingo | EEC ESOP Bingo | ESOP Bingo | ESOP BINGO
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