The latest statement for the Penmac Staffing Employee Stock Ownership Plan is now available. If you worked for Penmac prior to January 2015, you should be receiving your Employee Stock Ownership Plan (ESOP) Participant Statement this month.
Pay structures, bonus programs, and long-term incentives are based on company performance, which is reviewed annually for compensation adjustments. While our benefits package is highly competitive, it’s our employee stock ownership plan that
A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Typically you can sign on to your account online to see the value of your ESOP. If your plan has the capability you will see the value stated there. If you do not have log in credentials please contact your HR department to obtain them. Keep