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Enerplus Corporation Message Board

  • mr0000right mr0000right May 15, 2012 6:24 PM Flag

    ERF-CHK employees

    But while retail and institutional investors have sold the stock, employees don't always have that option.

    Overall, 38 percent of Chesapeake Energy's Savings & Incentive Stock Bonus Plan - the only 401(k) plan available to the majority of the firm's employees - is in company stock, far above the 10 percent many plan consultants advise.

    Currently, Chesapeake says about 4,000 employees are restricted from selling shares the company puts into their retirement portfolios to "match" the employee's own contribution in the plan.

 
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