This episode focuses on the role of the ESOP trustee through an interview with Bryce Lenox - an ESOP trustee out of Cincinnati, OH. Bryce does a great job reviewing the role of an ESOP trustee both on the transaction and ongoing side. Relating to transaction, Bryce explains the role he plays as a buyer and the steps he takes to conform to the department of labor process agreements. Once the transaction is complete, he explains his ongoing duties for the retirement plan from a fiduciary standpoint.
Journey to an ESOP & Beyond