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An Employee Stock Ownership Plan or ESOP is a type of defined contribution benefit plan that buys and holds company stock. Essentially, it is a vehicle that allows company employees to own stock in the company. An ESOP is a great way to attract and retain qualified employees by providing these employees with a vested interest in the organization.
Our employee benefit planning attorneys in Jackson, Michigan can help you determine if an ESOP is a good solution for your company. If you decide that your organization would benefit from an ESOP, we offer full plan design, implementation and administration services.
If you would like to learn more about the benefits of an ESOP or any of our other employee benefit services, please call (517) 787-9481, email firstname.lastname@example.org, or complete our online contact form to set up a free, informational meeting with our employee benefit professionals.
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