By my estimation, twenty-eight of the Forbes 200 largest private companies (by revenue) appear to be partially or wholly employee-owned or have employee ownership-like plans. Two are companies with profit-sharing plans invested in company stock, one is a broad-based partnership, one offers phantom stock to all employees, one is an ownership trust, one grants stock awards, eight are minority-owned by ESOPs, and fourteen are majority-owned by ESOPs:
Company | Rank | Industry | Plan |
---|---|---|---|
Cargill | 1 | Grain merchant | Partial ESOP |
Publix | 3 | Supermarket | ESOP, Stock purchase |
H-E-B | 5 | Supermarket | Profit sharing |
Quik-Trip | 17 | Convenience stores | Partial ESOP |
Wawa | 20 | Convenience stores | Partial ESOP |
Sheetz | 27 | Convenience stores | Partial ESOP |
Edward Jones | 36 | Investment advice | Broad-based partnership |
Hy-Vee | 38 | Supermarkets | Partial ESOP |
Graybar | 48 | Electrical Distributor | Ownership trust |
DPR | 54 | Construction | Phantom stock |
WinCo | 56 | Supermarket | Majority ESOP |
Sammons | 77 | Holding Company | Majority ESOP |
Schreiber Foods | 82 | Dairy products | Majority ESOP |
Kehe | 88 | Food distribution | Majority ESOP |
Hensel Phelps | 91 | Construction | Stock awards |
JE Dunn | 101 | Construction | Partial ESOP |
D&H Distributing | 104 | Industrial distribution | Majority ESOP |
McCarthy Holdings | 113 | Construction | Majority ESOP |
W.L. Gore & Associates | 135 | Technology products | Majority ESOP |
Brookshire Grocery | 142 | Supermarkets | Majority ESOP |
Amsted Industries | 147 | Industrial manufacturer | Majority ESOP |
Black & Veatch | 150 | Engineering | Majority ESOP |
Houchens | 157 | Holding company | Majority ESOP |
Burns and McDonnell | 163 | Engineering | Majority ESOP |
Swinerton | 168 | Construction | Partial ESOP |
Andersen | 170 | Window manufacturer | Partial ESOP |
Great Lakes Cheese | 174 | Cheese manufacturer | Majority ESOP |
Austin Industries | 185 | Construction | Majority ESOP |