Stock bonus plan

Stock bonus plan

A plan used as an incentive that rewards employee performance with stock in the company.

Stock Bonus Plan

A system whereby an employer shares its profits with employees, particularly (but not necessarily) middle and upper management, by awarding stock in the company. The stock bonuses are given instead of, or in addition to, cash.
References in periodicals archive ?
4 million mainly due to higher provisions for variable remuneration as well as costs in connection with the Stock Bonus Plan, which is linked to Deutsche BE[micro]rse s share price performance.
If you maintain an employee benefit plan, such as a pension, profit sharing, or stock bonus plan, with a calendar year end, file Form 5500 or 5500-EZ for calendar year 2012.
An ESOP is a defined contribution plan that can have the features of a stock bonus plan and a money purchase plan, both of which are qualified under 1RC section 401(a).
AN EMPLOYEE STOCK OWNERSHIP PLAN (ESOP) is a stock bonus plan or a combination of a stock bonus plan and money purchase pension plan.
Under earlier provisions, a simplified employee pension plan was treated as if it were a separate profit sharing or stock bonus plan for purposes of the overall 25% limit.
An employee stock ownership plan, or ESOP, is a stock bonus plan, or a stock bonus plan combined with a money purchase plan, that is designed to invest primarily in the common stock of the employer (see pages 475 and 542).
In addition to meeting the requirements necessary to qualify as a profit sharing or stock bonus plan, a 401(k) plan must: (1) limit the forfeitability and distribution of employee elective deferrals; (2) permit participation by the later of age 21 or one year of service; (3) limit elective deferrals; and (4) meet an annual nondiscrimination requirement (the ADP test), either by comparing ratios of elective deferrals for highly compensated and nonhighly compensated employees, by meeting the requirements for a SIMPLE 401(k) plan, or by meeting the requirements for a 401(k) safe harbor plan.
A stock bonus plan is a qualified employer plan-similar to a profit sharing plan--in which participants' accounts are invested in stock of the employer company.
A stock bonus plan is similar to a simple profit sharing plan except that benefit payments must be made in stock of the company.
A qualified stock bonus plan is a type of qualified plan under which the benefits are generally in the form of the stock of the employer.
Dillard's is urging approval of a stock bonus plan, a stock purchase plan and a nonemployee director restricted stock plan.
The annual deductible contribution limit to a profit-sharing or stock bonus plan will increase from 15 percent to 25 percent of that year's compensation for employees covered by the plan.