ESOP

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.


Check Your ESOP Balance

Use the ESOP calculator to look at your current and future balance.

Project Your Wealth

– At any time (share price updated yearly)

See Your Retirement Accounts In One place

– Your 401k balance is updated quarterly, and you can add your external retirement accounts as well (updated manually by you)

Set Goals

– On how much to save and when to retire by
– Make adjustments to your retirement date and plan accordingly

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 DATE2018 ESOP BALANCE2019 ESOP BALANCE2020 ESOP BALANCE2021 ESOP BALANCE2022 ESOP BALANCE
2014$4,666$9,474$14,203$25,664$37,725
2014$4,582$9,105$13,421$24,367$34,753
2018$0.00$4,268$7,949$16,426$24,640

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?
  1. Work at Nussbaum for 12 months
  2. Receive at least 23 paychecks
  3. 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 ServiceVesting Percentage
1 Year0% Vested
2 Years20% Vested
3 Years40% Vested
4 Years60% Vested
5 Years80% Vested
6 Years100% Vested
After 6 years of employment where you have collected at least 23 paychecks
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

Justin Worden

Emma Zimmerman

Toby Plattner

Chris Smith

Jessi Blunier

Seth Jacowski

Dayton Rumbold