An Employee Stock Ownership Program (ESOP) allows employees of a company to benefit more directly from their efforts to improve a company by providing stock in the company for each year of employment. An ESOP is similar to other retirement accounts (like 401Ks), and has its share of peculiarities.
This tool allows an employee to see how their ESOP might mature over time depending on choices they make with regards to diversification options.
Plan Age Information
It is not possible to predict how our company will grow and change in the future.
Select one of the options in the dropbox to see how different outlooks will change
the balance of your retirement account.
At retirement age, if you are no longer with the company you will immediately begin recieving the payout from shares.
Since no early "cashing out" penalty is incurred, you have the option of changing your previous selection for where the money goes.