Benesch maintains a robust Employee Stock Ownership Plan (“ESOP”) practice, and has structured dozens of ESOP transactions for public and private companies nationwide. Many of our clients, and especially our publicly traded clients, have added ESOP features to their 401(k) plans. We have handled all aspects of these structures, including fiduciary guidance, tax compliance and litigation. In the past six months, we have (1) successfully defended an IRS investigation into a 401KSOP, with no penalties; and (2) successfully defeated a stock drop lawsuit against the fiduciaries of a large, Fortune 500 ESOP, and achieved dismissal early into the case, saving millions in legal fees.