PMiller
Mar 23 2006, 01:43 PM
We have been advised to recommend to a plan sponsor who offers its common stock as an investment in its participant-directed 401(k) plan to consider "unitizing" the stock. The stock is traded on the NASDAQ NM exchange. What is the difference in unitizing the investment from just purchasing (and selling) shares, at current market value, as contributions, distributions, investment exchanges, etc. occur in the course of normal plan operations? How does one go about unitizing the stock? Thanks.
Kirk Maldonado
Mar 24 2006, 11:24 AM
I believe that this has been discussed before. Try using the "search" function.