ESOPConnection™ is an online tool that can be integrated with your company's website or intranet, or can stand on its own at a unique web address. ESOPConnection™ serves four primary functions:

Give Participants Direct Access to Plan Information.
Provide Plan Participants with direct access to Plan information such as Participant Statements, the Summary Plan Description and the Summary Annual Report. Allow your Participants to complete and submit Plan forms electronically and to print Plan forms for manual completion. All forms are maintained in a secure, electronic format by ESOPConnection™.

Review, Approve and Archive Plan Records Electronically.
ESOPConnection™ makes available to your internal ESOP point-person an online summary and detailed account information for all your Plan Participants. You can elect to fully outsource all aspects of your ESOP administration such as distributions, diversifications, dividend allocations and more. ESOPConnection™ provides you online reporting for these services, so that you can review and approve the processing and payment with a click of your mouse! ESOPConnection™ maintains secure, electronic copies of all your Plan-related documents, filings and reports.

Implement Cost-Effective Employee Education.
ESOPConnection™  is a cost-effective and customizable communications tool for your ESOP that can be used for new employee orientation, periodic updates and on-going communications and education. ESOPConnection™ provides definitions and answers to frequently asked questions about ESOPs in general, as well as the specific provisions of your Plan.

Keep Your Fiduciary Responsibilities In Order
ERISA specifies fiduciary requirements, but many ESOP companies do not consistently document their actions. Our plan governance module allows you to schedule meetings, prepare agendas, minutes, distribution policies, resolutions and more with the click of a mouse. With this template-driven online tool you can create an annual ESOP calendar with responsibilities and timelines. The module is an excellent training tool providing background on the roles and fiduciary duties of the Plan Sponsor, latest regulatory news, and a roadmap to ensure ERISA compliance.

ESOPConnection™  packages include interactive, online forms completion and processing, and advanced communications tools.  Our plan governance module is an optional add-on.

For more information about ESOPConnection™, contact Tom Roback at 800-331-7039 x66 or Tracy Holzman at 800-331-7039 x64.