Nancy Wiefek
The 2022 ESOP Database, the NCEO's comprehensive data source on all ESOPs in the US, is now available. The database includes plan year 2020 Form 5500 filings (or the most recent available filing before 2020) and includes company name and address, industry, number of plan participants, plan assets, age of the ESOP, publicly traded indicator, and many more fields. (Download a sample of the data).
Nancy Wiefek
The 2021 ESOP Corporate Governance Survey report is now available. Our thanks go out to our survey respondents, who make this work possible. We received valid questionnaires from 302 ESOP companies. Respondents have been emailed a code to receive a 75% discount on purchase of the report.
Nancy Wiefek
A new study conducted by John Zogby Strategies on behalf of Employee-Owned S Corporations of America (ESCA), Employee Financial Health and Sentiments Amid the Pandemic, summarized in this press release, provides evidence that employees in S corporation ESOPs suffered fewer financial setbacks compared to a sample of employees at companies without ESOPs.
Nancy Wiefek
The pandemic is a critically important time to conduct research exploring how businesses and their employees have fared, and what are successful ways to reduce the negative impacts from this crisis. Employee ownership is a key factor to be explored in this context. The challenge has always been collecting comparison data on companies without employee ownership. With funding from the Employee Ownership Foundation, scholars at Rutgers University’s Institute for the Study of Employee Ownership and Profit Sharing recently took on this challenge working with the national survey firm, SSRS.
Nancy Wiefek
Each year, the NCEO compiles a database of all ESOPs in the US. This database breaks out privately held and publicly traded ESOPs, and includes the age of the ESOP, number of participants, total plan assets, and more.
Nancy Wiefek
Our recent ESOP Topics Survey gathered data from 160 ESOP companies on how they’re handling the COVID-19 crisis and other issues, including questions about their turnover rates in 2019. The surveyed ESOP companies reported dramatically lower turnover than overall national averages. This difference persisted at the industry level in each of the industries with enough data to make comparisons: wholesale trade, manufacturing, and construction ESOP companies had turnover rates less than half of national averages for their industry. See tables below for details (national data is from the Bureau of Labor Statistics.)
Nancy Wiefek
