MPD ESOP - What is it?
The MPD, Inc. ESOP, like approximately 6,500 other ESOP companies nationwide, provides a way for its employees to have a beneficial ownership in the Company. Each year, ESOP stock is allocated to employee participant accounts. A value is established for the stock and that value is dependent on the overall success of the business. This way, the efforts of each employee can have a direct and lasting effect on his/her own future benefits.