OWNING. EVERY. MOMENT.

What EMPLOYEE OWNERSHIP Means to Us

 
 
 
 

WHERE THE RUBBER
MEETS THE ROAD

Nussbaum 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

2014

$4,666

$9,474

$14,203

2014

$4,582

$9,105

$13,421

2018

$4,268

$7,949

FREQUENTLY ASKED QUESTIONS

An ESOP is an Employee Stock Ownership Plan that provides a company’s workforce with an ownership interest in the company.

1) Work at Nussbaum for 12 months
2) Receive at least 23 paychecks
3) Be at least 18 years old

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.

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.

After 6 years of employment where you have collected at least 23 paychecks. See vesting table below.

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