This year for the first time we did a Repurchase Liability Study. The Blue Ridge team assisted us and advised us to come up with relevant assumptions and provided insight to the study. We are extremely satisfied with the level of service and professionalism from the entire Blue Ridge team.
ESOPHorizon
ESOPHorizon™ - Repurchase Obligation Studies
Privately held ESOP Companies have a financial responsibility to monitor and manage the repurchase obligation that comes with sponsoring an ESOP. As participants terminate due to death, disability, retirement, or other termination of employment, the company must provide a market for the shares eligible for distribution from the plan. ESOPs with participants eligible to diversify a portion of their stock have an additional level of repurchase obligation they also need to oversee.
As part of our consulting offerings, we prepare customized 20 year Repurchase Obligation Studies for your ESOP. Our studies take into account your corporate and ESOP goals. Most importantly, we’ll work with you to determine the appropriate assumptions to generate a report that you feel comfortable sharing with your executive team, Board of Directors, and ESOP Trustee. Our objective in preparing a repurchase obligation study is to assist you in evaluating whether your current ESOP plan design is sustainable for your company’s long term future.
Services Include:
- Customized 20-year Repurchase Obligation Study for your ESOP
- Corporate and ESOP goals combined in report
- Projected yearly benefit levels for ESOP participants
- Evaluation of ESOP plan design for Company’s long term future
- Reports for Management, Board of Directors, and ESOP Trustee
