Find Your Resource

According to the latest data available from the Department of Labor, there were 6,660 ESOPs sponsored by 6,365 companies as of the end of 2016. These plans cover 14.3 million participants and hold close to $1.4 trillion in plan assets. A total of 10.7 million participants are active employees.

A new process agreement between the Department of Labor and Farmers National Bank (FNB) was made public on February 28. It lays out a much more detailed process for evaluating whether an ESOP actually has and can pay for control.

We recently released three new ESOP-related books: Don't Do That with Your ESOP! 3rd ed., Executive and Director Compensation in ESOP Companies, 8th ed., and Banks as ESOP Sponsors.

A new NCEO study found that, over the last 10 years, 68 private company ESOP court cases had results in settlements or judgments that cost the defendants a total of $385.5 million. The average payout per employee in these cases was $14,400 per participant.

The NCEO now has comprehensive guides to active and pending state and federal legislation on our website.

On October 15, the NCEO released a new publication, A Guide to DOL ESOP Investigations, that provides the first comprehensive and quantitative analysis of the Department of Labor’s ESOP investigations.

The NCEO just completed a large grant-funded project examining whether and how employee ownership affected companies and employees in the U.S. food system during the COVID-19 pandemic.

The NCEO now has a new resource page on using employee ownership to attract and retain employees.

A new NCEO study commissioned by the Employee-Owned S Corporations of America (ESCA) found that workers who own their companies via an ESOP have far greater retirement security than the majority of the American workfor

Many ESOP companies provide financial wellness education for employees—and even more should. Employees really appreciate the help in learning how to think about wealth-building strategies for the long term, and especially how their ESOP accounts fit into that.