A profit-sharing plan gives employees a share in the profits of a company.
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A profit-sharing plan gives employees a share in the profits of a company.
The primary responsibility of ESOP fiduciaries is to run the plan solely in the interest of participants and beneficiaries and for the exclusive purpose of providing benefits and paying plan expenses. Fiduciaries must act prudently.
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A producer owned co-op for farmers to be able to market their crops together and/or purchase inputs together to reduce costs and eliminate "middle men" in the value chain.
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