The ESOP is a Retirement Plan Shares are earned, not purchased At term, non- vested shares go back to the plan ESOP funds can be rolled over into 401k or IRA plan Increase IA Revenue to Increase Share Price Innovation Fuels ESOP value! Profitability Boosts ESOP value! Avg 15.2% Annual Growth since Inception Balance > $5,000 vested, 5 installments Vesting is the % you own The new share price is $357.20 Name a Beneficiary in the MENKE portal Client Satisfaction Grows ESOP value! You are auto enrolled in the plan Belief in Our People is core to the ESOP program YOU! Contribute to building wealth Allocations based on annual pay (W2 pay) You fully vest after 6 yrs in the plan You must be employed on 12/31 to get contributions 1st payment for Retirees is year after Retirement MENKE is our plan admin Eligible after 1,000 hours in a year ESOP Employee Stock Ownership Plan Independent Appraiser sets the Share Price Year of Service = 1000 hrs & active on 12/31 The ESOP is Free to you Loyalty Builds ESOP value! Certificates are on the Menke portal IA’s success is your success! You can take 25% after age 55 and 10 yrs in plan Shares available are "allocated" to participants ESOP is 100% funded by IA October is ESOP Awareness Month You are paid out over a 5- year period No action needed to enroll You are 20% vested after 2 yrs in the plan You can't borrow from ESOP Menke portal updates 1 time a year Prior Year’s Balance is on your statement Share price is driven by Performance & Potential IA's ESOP began in 2012 Share price grows, so does your account After 4 yrs you are 60% vested ESOP is held in a Trust The ESOP is a Retirement Plan Shares are earned, not purchased At term, non- vested shares go back to the plan ESOP funds can be rolled over into 401k or IRA plan Increase IA Revenue to Increase Share Price Innovation Fuels ESOP value! Profitability Boosts ESOP value! Avg 15.2% Annual Growth since Inception Balance > $5,000 vested, 5 installments Vesting is the % you own The new share price is $357.20 Name a Beneficiary in the MENKE portal Client Satisfaction Grows ESOP value! You are auto enrolled in the plan Belief in Our People is core to the ESOP program YOU! Contribute to building wealth Allocations based on annual pay (W2 pay) You fully vest after 6 yrs in the plan You must be employed on 12/31 to get contributions 1st payment for Retirees is year after Retirement MENKE is our plan admin Eligible after 1,000 hours in a year ESOP Employee Stock Ownership Plan Independent Appraiser sets the Share Price Year of Service = 1000 hrs & active on 12/31 The ESOP is Free to you Loyalty Builds ESOP value! Certificates are on the Menke portal IA’s success is your success! You can take 25% after age 55 and 10 yrs in plan Shares available are "allocated" to participants ESOP is 100% funded by IA October is ESOP Awareness Month You are paid out over a 5- year period No action needed to enroll You are 20% vested after 2 yrs in the plan You can't borrow from ESOP Menke portal updates 1 time a year Prior Year’s Balance is on your statement Share price is driven by Performance & Potential IA's ESOP began in 2012 Share price grows, so does your account After 4 yrs you are 60% vested ESOP is held in a Trust
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The ESOP is a Retirement Plan
Shares are earned, not purchased
At term, non-vested shares go back to the plan
ESOP funds can be rolled over into 401k or IRA plan
Increase IA Revenue to Increase Share Price
Innovation
Fuels ESOP value!
Profitability
Boosts ESOP value!
Avg 15.2% Annual Growth
since Inception
Balance > $5,000 vested, 5 installments
Vesting is the % you own
The new share price is
$357.20
Name a Beneficiary
in the MENKE portal
Client Satisfaction
Grows ESOP
value!
You are auto enrolled in the plan
Belief in Our People
is core to the ESOP program
YOU!
Contribute to building wealth
Allocations based on annual pay (W2 pay)
You fully vest after 6 yrs in the plan
You must be employed on 12/31 to get contributions
1st payment for Retirees is year after Retirement
MENKE
is our plan admin
Eligible after 1,000 hours
in a year
ESOP
Employee Stock Ownership Plan
Independent Appraiser
sets the Share Price
Year of Service = 1000 hrs & active on 12/31
The
ESOP is Free to you
Loyalty
Builds ESOP value!
Certificates are on the Menke portal
IA’s success
is your success!
You can take 25% after age 55 and 10 yrs in plan
Shares available are "allocated" to participants
ESOP is 100% funded by IA
October is
ESOP Awareness Month
You are paid out over a 5-year period
No action needed to enroll
You are 20% vested after 2 yrs in the plan
You can't borrow from ESOP
Menke portal updates 1 time a year
Prior Year’s Balance
is on your statement
Share price is driven by Performance & Potential
IA's
ESOP began in 2012
Share price grows, so does your account
After 4 yrs you are 60% vested
ESOP is held in a Trust