Page 48 - Q1_2021_Corp_Newsletter_Neat
P. 48
Congratulations to Rosendin’s Q1, 2021
100% VESTED
EMPLOYEE-OWNERS
Proud to Be How is an ESOP different from
Employee-Owned a company’s 401(k) plan?
Rosendin is proud to be employee- There are two key differences
owned, and our people carry a sense between ESOPs and 401(k) plans.
of accountability for the successes First, an ESOP invests primarily in AZ CA MD
we experience. This type of family an employer’s stock, while a 401(k)
atmosphere starts at the top. Our
employee-owners see their personal plan generally offers various mutual Chris F. Alyssa D. James C.
value in the company and understand funds in which employees may
their responsibility. We all have a stake invest funds. Second, 401(k) plans Craig J. Ben V.
in our future and take a long-term permit employees to contribute Jim C. Don F.
view of our customers’ welfare. We are their own money into the plan, while
motivated and empowered to provide Todd B. Irma A. TX
the very best value and service, as we the Rosendin ESOP contributions Tom H. Nicole S.
focus on keeping customers for life. come solely from the company – Kristina K.
making them completely free to Noelle S.
employees. Rob C. Andrew T.
Ron G. Thomas S.
Suzanne D.
ABOVE - Rosendin Employee-Owners enjoy the Terri A.
spring weather on National Take a Walk in the
Park Day. Left to Right: Alberto G. (CA), Tony C. Tram P.
(CA), Agustin G. (AZ)
Questions? Speak to your local Rosendin ESOP Communications Representative today! Visit rosendin.com/company/employee-stock-ownership-esop/
THE FEEDER | 49