CFED Assets & Opportunity Scorecard
Number of employee-owned firms (firms with ESOPs or stock bonus plans) per 1,000 employer firms, 2007-2009.
Employee Stock Option Plans (ESOPs) and stock bonus plans allow employees to own part of the company for which they work. Since 1974, tax-favored ESOPs have been used to extend ownership of more than 11,000 companies to 13.6 million employees. As of 2011, these 13.6 million ESOP participants had built $901 billion in assets, an average of $66,250 per participant (not including payouts to retirees and others).
For more information on employee ownership, please visit Kent State University’s Ohio Employee Ownership Center.
IRS Form 5500 filings, 2007-2009. Novato, CA: Larkspur Data Resources, 2011. Data calculated by the Ohio Employee Ownership Center at Kent State University. CFED thanks Jacquelyn Yates of the Ohio Employee Ownership Center for her assistance in developing and reviewing the data.
Statistics of U.S. Businesses (SUSB). Washington, DC: U.S. Department of Commerce, Census Bureau, 2007-2009.