Can funds from an ESOP be tranfered to a teaspoon Plan?

Funds from an Employee Stock Ownership Plan (ESOP) generally cannot be directly transferred to a 401(k) plan, often referred to colloquially as a "teaspoon plan." However, participants may have the option to roll over their ESOP distributions into an Individual Retirement Account (IRA) or, under certain conditions, into a 401(k) plan if allowed by the plan's rules. It’s essential to consult with a financial advisor or the plan administrator for specific guidance on the transfer process and eligibility.