Partner Gregory Brown will participate in this teleseminar from 2:00–3:30 p.m. ET. Topics covered will include:

  • Code §415 limitations for ESOPs
  • Dividends paid to participants, reinvested in employer securities and applied to loan repayments
  • Calculation of diversification portion
  • Code §401(a)(35) and ERISA §204(j) diversification
  • Exclusive purpose and prudence rules
  • Employer stock litigation
  • Fiduciary changes in procedures to limit risk exposure
  • Employer stock contribution to defined benefit plan