News & Insights

ESOP Repurchase Obligations – The Basics

Employee accounts in an Employee Stock Ownership Plan (ESOP) are primarily invested in employer stock.  In ESOPs that hold non-publicly-traded stock, when an active employee elects to diversify or a former employee requests a distribution, because there is no ready market for the stock, employer stock is sold and payment is made to the participant … Continue reading ESOP Repurchase Obligations – The Basics

Conrad Siegel Launches Financial Wellness Program

Personalized Online Tools Empower Plan Participants to Find Financial Balance Harrisburg, PA – April 9, 2019 – Conrad Siegel, delivering comprehensive employee benefits and investment advisory services, has launched a Financial Wellness Program, a series of interactive, online educational tools designed to help plan participants get their finances in shape. Conrad Siegel’s Financial Wellness Program … Continue reading Conrad Siegel Launches Financial Wellness Program

Electronic Filing For the 2019 Act 205 Forms

Update on Process to File Act 205 Forms The Municipal Pension Reporting Program (MPRP) within the Department of the Auditor General is planning to release a system on April 1, 2019 for the electronic filing of the actuarial valuation reports for municipal pension plans effective for the 2019 reporting year.  The deadline for the form … Continue reading Electronic Filing For the 2019 Act 205 Forms