Coca-Cola Co., Atlanta, redesigned the company stock portion of its...

Coca-Cola Co., Atlanta, redesigned the company stock portion of its $1.4 billion 401(k) plan as an ESOP and allowed for quarterly cash dividends as a result of the Economic Growth and Tax Relief Reconciliation Act of 2001. Currently, 76% of the plan’s assets are in company stock; the company match is in stock and must remain so until the participant reaches age 53. The company also switched to share from unit accounting, allowing participants to receive quarterly dividends in cash, said Dwight Williams, media relations manager for Coca-Cola.