September 3, 2013

Announcing the 2013 Employee Ownership 100

Executive Director

The NCEO has released the 2013 Employee Ownership 100 list, naming the nation's largest companies that are at least 50% owned by an ESOP or other broad-based employee ownership plan.

Once again, the largest company is Publix Super Markets, with 159,000 employees. The companies on the list employ 673,000 people worldwide, down slightly from the 687,000 employed by the companies on last year's list. Companies that were on this list in both 2012 and 2013 saw their employment rise nearly 2%. The smallest company on the list, Mayville Engineering Co., employs 1,100. In 2001, the smallest company on the list had 675 employees.

Many of the companies are 100% employee-owned, and the most common structure is an ESOP or ESOP-like plan, although some companies are employee-owned via profit sharing plans, stock purchase plans, multiple plans, or, in the case #62 on the list, Cooperative Home Care Associates is a worker cooperative.

Five of the top ten are supermarkets, but the list as a whole is a diverse cross-section of the economy, such as CH2M Hill (#3, engineering and construction), Lifetouch (#5, photography), W.L. Gore & Associates (#13, manufacturing and research), Acadian Ambulance (#29), Chemonics (#35, international development), Kinney Drugs (#52, drug stores), and Round Table Pizza (#70).

A number of the companies on the list have issued press releases to create stories in the media, including Jasper Engines and Transmissions and MWH Global.