ESOP

Areas of ESOP Trustee Services Offered

Transaction Trustee Services

  • Assessing the financial stability of the transaction and its fairness to the ESOP participants
  • Discussions with selling owners, their advisors, and lenders to verify that the company can cash flow and the ESOP transaction is suitable for the long term
  • Coordinate with valuation and other professionals to make it a timely process

Ongoing Trustee Services

  • Reviewing and approving the annual valuation of the company stock
  • Discussions with management and rank and file employees to help all employees understand the company stock and value
  • Attend board meetings to share experiences and monitor board performance
  • Reviewing financial information with management
  • Coordination with third party investment advisors to pay benefits

Mark A. Welp

Principal | CPA, CITP, CFE, MAcc

MWelp@HolbrookManter.com

Mark has been a Certified Public Accountant and Certified Fraud Examiner for 20+ years and is a Principal with Holbrook & Manter, CPAs. Before joining Holbrook & Manter, CPAs, he gained experience in the audit division of Ernst & Young, LLP in the Columbus, Ohio office and also at another Columbus accounting firm.

At H&M, Mark advises clients and small businesses by giving them timely and accurate financial information while helping them strengthen their internal controls.

Specialties

Mark performs Assurance Services for a wide variety of middle-market companies across the Central Ohio region. Mark also leads a team that performs SOC Assurance Engagements for companies across the United States. Mark is also qualified to perform System and Engagement Peer Reviews for other CPA firms.

Mark also works on Employee Benefit Plan Audits for Defined Contribution and Defined Benefit Plans.

Holbrook & Manter has been an ESOP-owned CPA firm since 2019.

An ESOP-owned CPA firm since 2019

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