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Employee Stock Ownership Plan |
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Hallam-ICS was created with a philosophy that would promote shared responsibility and reward; inclusive atmosphere and consensus-building decision making. As the company has grown from 1 employee in 1981 to over 70 in 2003, ownership has been spread throughout the company.
The purpose of our ESOP is to reward eligible employees for long and loyal service by providing them with an opportunity to participate in the value of the company and the tax advantages of a qualified retirement plan. |
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What are the benefits? As a member of the Hallam-ICS ESOP you will be an employee-owner and will share in the risks and rewards of being a business owner. Some of the advantages include: You receive shares of the company without any out-of-pocket expense. All contributions are made by the company. You contribute to and share in the success of the company. |
Enjoy tax advantages: ü Tax deferred contributions ü Tax deferred rollover at retirement ü Tax deferred growth ü No FICA withholding
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