Menke & Associates, Inc. and its wholly-owned subsidiary BSI, have been providing ESOP administration services for ESOPs for over 40 years. We are very proud of our heritage, being the largest and oldest ESOP advisor in the country. Our president and founder, John D. Menke, was the tax counsel who co-drafted the original ESOP legislation in 1974. Since that time, our firm has installed and administered more ESOPs than any other firm in the country.
We currently consult for and administer ESOPs for clients in all 50 states out of our eight regional offices. Our ESOP administrators have an average of 15 years of ESOP administration experience ranging from 5 years to 25 years. Our clients range in size from as few as 15 employees to as many as 15,000.
The particular advantage we offer is that unlike other administration firms, we provide all the services needed in connection with the ongoing upkeep and administration of an ESOP, including legal consulting, financial consulting, recordkeeping, and employee communications.
History of Menke & Associates, Inc.
Menke & Associates, Inc. was founded in 1974 by John D. Menke as a firm that would specialize in both the installation and administration of ESOPs. Today the firm is the leading firm in the United States in installing and administering ESOPs. Together with our subsidiary, BSI, we currently administer nearly 1,000 ESOPs nationwide. Most of these plans are plans that have been installed by Menke & Associates, Inc.
History of BSI
BSI provides complete consulting and web-based, SSAE 16 attested administration services for approximately 200 ESOP clients. BSI started business in 1973 and became part of the Menke Group in 1998. Our original and only charter has always been to provide services related to administration and maintenance of ESOPs. Unlike our parent company, Menke & Associates, Inc., we primarily provide administration services for ESOPs that have been installed by unrelated law firms and pension consulting firms.
