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Aaron Juckett 
President 
CPA, CPC, QPA, QKA 
ESOP Partners LLC 
Phone: 920-659-6000 
Toll Free: 800-837-3112 
Direct: 920-659-6002 
Fax: 866-337-1095 
AJuckett@ESOPPartners.com
ESOPPartners.com 
OneStopESOPBlog.com 

2013 IRS Pension Plan Limits

401(k) Deferral Limit - $17,500

Annual Additions Limit - $51,000

Maximum Compensation Limit - $255,000

Catch-Up Contribution Limit - $5,500

Highly Compensated Employee - $115,000

ESOP 5-Year Distribution Threshold - $1,035,000

ESOP Additional Year Threshold - $205,000

2012 Pension Plan Limits

1989 - 2012 Plan Limits

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Bankruptcy Court Reviews Tribune Company Two-Step ESOP Transaction

The July 29, 2010 Employee Ownership Update is online and discusses the following:

Ownership Culture Committee

While upper management is heavily involved in the task of communicating your ESOP, one best practice for gaining greater employee buy-in is to include employee representatives from various parts of your organization in the communications process. An effective way to obtain broad representation is to establish an ESOP Communications Committee. This type of committee usually functions in an advisory capacity and does not have any formal authority or fiduciary responsibility. Starting Over in Lexington: Taking Ownership discusses how one company implemented an ownership culture committee:

While his associates have increasingly used their weekly huddles to educate themselves on what's involved in the company ESOP, Rob also created what we at SRC call an "ownership culture committee," a team made up of four associates from different levels within the company. The goal of the committee is to serve as an intermediary between management and the associates on the plant floor. To help in that effort, all of the members will receive additional training from our team back in Springfield. And one of their first tasks will be to read through the comments their co-workers made during the survey and find ways to make improvements based on those comments.

Preliminary Valuation Resources and Using a Qualified Independent ESOP Valuation Expert

Determining Your Company's Value: Multiples and Rules of Thumb discusses using multiples such as EBITDA or seller's discretionary earnings to determine a starting point for determining the value of your company:

Final Financial Reform Bill Signed Into Law

President Obama has just signed into law the Financial-Regulation Bill that he says will "create the strongest financial protections for consumers in history".

Latest Estimate of the Potential ESOP Universe

The July 15, 2010 Employee Ownership Update is online and discusses the following:

Profile of a Successful ESOP Company

Success Stories: Providing Employees Stability in Unstable Times is a profile of ESOP Company and 2010 Top Small Company Workplace Van Meter Industrial. The article discusses the company's five core values of Place, People, Provider, Continuous Improvement, and Profit:

The ESOP Cadre


Due to the unique complexities of individually designed ESOP plan documents, the IRS created a group of ESOP specialists that has become known as the "ESOP Cadre" to review all ESOP determination letter requests. Beginning with Cycle B submissions (January 31, 2008), the IRS began holding approval and ceased issuing favorable determination letters while they awaited further guidance.

Employee Ownership Reduces Employee Turnover

The June 30, 2010 Employee Ownership Update is online and discusses the following:

H.R. 5297: Small Business Lending Fund Act of 2010

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