Online ESOP Access

Key Features of Menke ESOP Online Services:

1. 1. Secure Online Platform: Our platform is SOC I and SOC II Type 2 compliant, ensuring the highest standards of security for your sensitive ESOP-related data.
   2. Annual Administration Status Tracking: Keep track of your ESOP administration progress with an easy-to-read status bar, showing key milestones and estimated completion dates.
   3. Employee Information Access: Instantly query employee census information, account balances, allocations, and more.
   4. Contact Management: Access your Menke team’s contact information in one convenient location for quick and efficient communication.
   5. ESOP Success Score™: Project future ESOP cash flows and repurchase obligations with our unique ESOP Success Score™, presented in an actionable format.
   6. ESOP University: Gain on-demand access to educational content on all aspects of ESOPs, helping you and your employees understand and maximize the benefits of your plan.
   7. Distribution Management: Approve distribution calculations online and provide employees with a platform to initiate and manage their distribution processes.
   8. Plan Document Access: Safely store and access important plan documents, notices, reports, and forms in our fiduciary vault.

Benefits for Employees:

• User-Friendly Dashboard: Employees can view up-to-date plan details and update their personal information through an intuitive dashboard.
• Beneficiary Management: Manage beneficiary designations easily, with options to view and update details.
• Notifications: Receive in-platform alerts for distribution eligibility and other important updates.
• Historical Statements: Access a digital archive of historical statements and plan documents.
• ESOP Education Center: Explore a wealth of resources and FAQs to better understand the benefits of your ESOP.
• ESOP Calculator: Model the future value of your ESOP account with customizable assumptions for informed decision-making.

Engage Your Extended Team:

• Plan Auditors/Accountants: Provide auditors with direct access to detailed reports, ensuring a smooth audit process.
• Trustees: Equip trustees with the necessary tools to fulfill their responsibilities effectively by granting them access to plan reports and distribution details.
• Other Advisors: Facilitate secure and efficient exchanges of confidential documents and reports with your advisory team.

Client Testimonials:

“We have received nothing but positive feedback from our employees regarding the convenience and functionality of Menke’s online ESOP portal, and everyone is excited about the benefits of using the participant portals going forward.”

— Ken Oakley, CPA, Chief Financial Officer, ReCon Management Services, Inc.