Employee Stock Ownership Plans
An Employee Stock Ownership Plan is a form of defined contribution plan under ERISA, that is used by closely-held corporate businesses to provide a market for owner shares. An ESOP also exists to incentivize employees to work for the future growth of the company through employee stock ownership. There are many tax incentives - both to selling stockholders and to employees that come to own stock through a trust.
Candidates for an ESOP are closely-held S-Corp and C-Corp companies that are profitable, with reasonable cash flow. The Duplifund Group provides life insurance, which is useful for liquidity in such plans, and works alongside attorneys, accountants, and business valuation experts in plan design, installation, and maintenance.