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Online Video Describes the Benefits of being an Employee Owned Company

  
  
  

Fast Focus on Business - Employee Owned Companies is a 3-4 minute video clip that describes the benefits of being an employee owned company:

Employee Owned Companies

Better communication, increased morale, improved attitudes - these are goals that almost all companies, regardless of size or structure hope to achieve. While many businesses struggle with low morale and high turnover, a growing number are seeing that a change in structure can motivate employees and improve productivity.

The video also contains comments from representatives of Mid South Building Supply, Inc. and Norcal Waste Systems, Inc., which are both are 100% ESOP companies. Hat tip to Bill.

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2012 IRS Pension Plan Limits

401(k) Deferral Limit - $17,000

Annual Additions Limit - $50,000

Maximum Compensation Limit - $250,000

Catch-Up Contribution Limit - $5,500

Highly Compensated Employee - $115,000

ESOP 5-Year Distribution Threshold - $1,015,000

ESOP Additional Year Threshold - $200,000

2012 Pension Plan Limits

1989 - 2012 Plan Limits