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ESOP

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Thursday, March 11, 2010

The Employee Stock Ownership Plan (ESOP) is an IRS-approved retirement plan, but is designed to own Corey Delta stock.




For more details about ESOP, please contact us or fill out the form and click submit.

Corey Delta Constructors-ESOP

P.O. Box 637
Benicia, California 94510

Ph. 707-747-7500

To become a participant in the plan, there are three requirements every year:
  1. Be employed on November 30th (Corey Delta's fiscal year-end)  with one year of service.
  2. A year of service is defined as working 1,000 hours in a calendar year.
  3. Be non-union

 

Benefit eligibility is based on the following schedule:

0-2 years of service = 0% vesting
3 years of service = 100% vesting
* a year of service is defined as 1,000 hours.



Corey Delta is an Equal Opportunity Employer and is seeking qualified employees without regard to race, religion, creed, color, national origin, or any other consideration made unlawful under federal, state or local laws.