The American Society of Pension Professionals & Actuaries is offering a new educational certificate for retirement plan professionals interested in learning more about employee stock ownership plans.
The Employee Stock Ownership Plan Administration Certificate will help retirement professionals learn more about the vehicle so they can provide full ESOP administration and consulting services to their clients and become a valuable asset to their employer, said Kim Szatkowski, ASPPA chief of pension education.
An ESOP is a defined contribution plan that provides a company’s workers with an ownership interest in the company. There are more than 10,000 ESOP plans in the United States, covering more than 10 million participants.
“ASPPA continually expands our educational offerings to meet the needs of our membership,” said Szatkowski. “We are pleased to have responded to industry demand for ESOP administration training. Plan administrators, recordkeepers, consultants and ESOP plan sponsors will benefit from this new program.”
The ESOP Administration Certificate provides entry to training in ESOP retirement plan administration and those who earn the ESOP Administration Certificate gain advanced administration skills and knowledge of the unique intricacies of these plans.
The American Society of Pension Professionals & Actuaries is a national organization of more than 10,000 retirement plan and benefits professionals that serves as the educator, voice and advocate for the employer-based retirement system.