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

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