An individual that isrequired under law toact prudently adsoley in the bestinterest of the planparticipants in regardto the retirement plan(ESOP)Number of hours aneligible employeemust work during aplan year for it to beconsidered a "Yearof Service" underthe ESOPHow long do youneed to beemployed tobecome an activeparticipant inESOPThe price ofproducts/serviceswe have soldThe person(s) aparticipant hasdesignated toreceive theirbenefits in thecase of theirdeath.The organizationthat managesthe individualparticipantESOP accountstatements.The yearLoftnessESOP wascreatedEmployee StockOwnership Plan. Aqualifiedretirement planthat is designed toprimarily invest incompany stock.Individual orinstitution withauthority to vote onbehalf of the stockshare owners, andhas discretion overESOP plan assets.The profit we madefrom revenue, afterwe paid allexpenses, includematerials, labor,building officesupplies, etc.Consists ofindividuals who areresponsible for thebusiness strategyand direction of thecompany andExecutive TeamThe independentFinancial Advisorthat Loftnessuses for thevaluation processStock that hasbeen assigned toa specificparticipant accountand is part of theirpersonalretirement accountThe ability of aneligible activeparticipant to electto move a portion oftheir ESOP balanceto a differentretirement accountThis type ofcorporation isgenerally exemptfrom federalcorporate incometaxes, increasing thecompany's netincomeThisindividual orinstitution isa Fiduciaryfor the planAn individual that isrequired under law toact prudently adsoley in the bestinterest of the planparticipants in regardto the retirement plan(ESOP)Number of hours aneligible employeemust work during aplan year for it to beconsidered a "Yearof Service" underthe ESOPHow long do youneed to beemployed tobecome an activeparticipant inESOPThe price ofproducts/serviceswe have soldThe person(s) aparticipant hasdesignated toreceive theirbenefits in thecase of theirdeath.The organizationthat managesthe individualparticipantESOP accountstatements.The yearLoftnessESOP wascreatedEmployee StockOwnership Plan. Aqualifiedretirement planthat is designed toprimarily invest incompany stock.Individual orinstitution withauthority to vote onbehalf of the stockshare owners, andhas discretion overESOP plan assets.The profit we madefrom revenue, afterwe paid allexpenses, includematerials, labor,building officesupplies, etc.Consists ofindividuals who areresponsible for thebusiness strategyand direction of thecompany andExecutive TeamThe independentFinancial Advisorthat Loftnessuses for thevaluation processStock that hasbeen assigned toa specificparticipant accountand is part of theirpersonalretirement accountThe ability of aneligible activeparticipant to electto move a portion oftheir ESOP balanceto a differentretirement accountThis type ofcorporation isgenerally exemptfrom federalcorporate incometaxes, increasing thecompany's netincomeThisindividual orinstitution isa Fiduciaryfor the plan

ESOP BINGO - Call List

(Print) Use this randomly generated list as your call list when playing the game. There is no need to say the BINGO column name. Place some kind of mark (like an X, a checkmark, a dot, tally mark, etc) on each cell as you announce it, to keep track. You can also cut out each item, place them in a bag and pull words from the bag.


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  1. An individual that is required under law to act prudently ad soley in the best interest of the plan participants in regard to the retirement plan (ESOP)
  2. Number of hours an eligible employee must work during a plan year for it to be considered a "Year of Service" under the ESOP
  3. How long do you need to be employed to become an active participant in ESOP
  4. The price of products/services we have sold
  5. The person(s) a participant has designated to receive their benefits in the case of their death.
  6. The organization that manages the individual participant ESOP account statements.
  7. The year Loftness ESOP was created
  8. Employee Stock Ownership Plan. A qualified retirement plan that is designed to primarily invest in company stock.
  9. Individual or institution with authority to vote on behalf of the stock share owners, and has discretion over ESOP plan assets.
  10. The profit we made from revenue, after we paid all expenses, include materials, labor, building office supplies, etc.
  11. Consists of individuals who are responsible for the business strategy and direction of the company and Executive Team
  12. The independent Financial Advisor that Loftness uses for the valuation process
  13. Stock that has been assigned to a specific participant account and is part of their personal retirement account
  14. The ability of an eligible active participant to elect to move a portion of their ESOP balance to a different retirement account
  15. This type of corporation is generally exempt from federal corporate income taxes, increasing the company's net income
  16. This individual or institution is a Fiduciary for the plan