A new resource hub for everything ESOP! Look at your ESOP balance, check out the current stock value, and research FAQ. Please contact ESOP@nussbaum.com with any questions.
WHERE THE RUBBER
MEETS THE ROAD
Look at current and historical stock values.
EARN
MORE
Real money for your retirement. Take a look at these examples from a few of our driver’s actual ESOP accounts.
HIRE DATE | 2018 ESOP BALANCE | 2019 ESOP BALANCE | 2020 ESOP BALANCE | 2021 ESOP BALANCE | 2022 ESOP BALANCE | 2023 ESOP BALANCE |
2014 | $4,666 | $9,474 | $14,203 | $25,664 | $37,725 | $48,758 |
2014 | $4,582 | $9,105 | $13,421 | $24,367 | $34,753 | $44,052 |
2018 | $0.00 | $4,268 | $7,949 | $16,426 | $24,640 | $32,926 |
Principal Portal
Login to Principal to see important details with your ESOP account.
View your balance
– View your ESOP statement online
Request a distribution
– Upon leaving the company you can request a distribution through your principal account
Update account details
– View and update important details with your ESOP account
Frequently Asked Questions
What is an ESOP?
An ESOP is an Employee Stock Ownership Plan that provides a company’s workforce with an ownership interest in the company.
When am I eligible to enter the ESOP?
- Work at Nussbaum for 12 months
- Receive at least 23 paychecks
- Be at least 18 years old
How much company stock will I receive?
The value of stock allocated to you is based on a percentage of your wages and can vary from year to year. On average, it will be about 6% of your wages.
What is vesting?
Vesting is the portion of your account that belongs to you and cannot be forfeited. Each year you work at Nussbaum, you become more vested in your ESOP account. Vesting is measured from your hire date.
When am I fully vested in the ESOP?
Years of Service | Vesting Percentage |
1 Year | 0% Vested |
2 Years | 20% Vested |
3 Years | 40% Vested |
4 Years | 60% Vested |
5 Years | 80% Vested |
6 Years | 100% Vested |
Where can I get a beneficiary form?
You can download a form here:
Have more questions?
Do you have an idea or question for the ESOP at Nussbaum? We’d love to hear it!
Jeremy Stickling
Bill Wettstein
Justin Worden
Toby Plattner
Neil Barbour
Caleb Gee
Chris Smith
Jessi Blunier
Seth Jacowski
Dayton Rumbold