More about ESOP

The value of the ESOP is dependent on the success and profitability of the company, so the value of ESOP shares can fluctuate over time. Generally, a 7% growth is average, but if the company does especially well, there can be incredible share value increases year to year. Over time, ESOP allocations can add up to large numbers. Plus, unlike a 401(k), employees do not contribute any of their own money towards their ESOP, so anything they receive is extra and at no cost to them. With the uncertainties over social security and the ability to save for retirement, ESOP can be a powerful retirement plan to be a part of.

Employees tend to work harder when they’ve got some “skin in the game.” Being able to directly benefit from the overall success and profitability of the company adds significant financial motivation to work harder, think creatively, and work efficiently as a team. This synergy creates a far more rewarding work environment.

Team. Everyone. Achieves. More.

Belonging to an ESOP is a Rare Benefit.

There is no such thing as a perfect job or a perfect company, and you’ll likely experience ups and downs no matter where you work. An ESOP is an amazing benefit that is incredibly rare to come by, as there are only approximately 10,000 ESOPs in the Nation.