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ESOP Association

 

The Employee Stock Ownership Plan Association (ESOP Association) is a national non-profit association for the promotion of employee stock ownership plans. It has 18 local chapters.

 

Employee stock ownership plans (ESOPs) are arrangements whereby employees in a company own stock in that company.  Thus, employees own the company. There are about 11,000 companies in the United States that have ESOPs, encompassing 13 million workers.

 

Advantages of ESOPs are an apparent increase of production and profitability, and improvement in  employees' dedication and sense of ownership. In a number of cases, ESOPs also give employees a say in the running of the company. Employee stock ownership can increase employees' financial risk if the company does poorly, but the data from ESOPs in the United States show that ESOP participants have three times the total retirement assets (including 401(k) plans) compared to employees of non-ESOP companies.

 

The main focus of the ESOP Association is promoting and enhancing laws before the US Congress and regulatory agencies, and providing its members with information and help concerning ESOPs.

 

 
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Properties

Type of initiative Knowledge/advice organization, Action/campaign organization, Information/network organization
Field of work Politics, Knowledge and information
Date of commencement 1978
Founder(s)
Legal form Association
Continent North America
Country United States
City Washington, DC
One or several keywords that describe your initiative alternative forms of ownership, employee stock ownership plans, ESOPs
Publications The ESOP Report
More information
 

Contact person(s)

Amy E. Gwiazdowski, Director of Communications

 

Contact information

Name ESOP Association
Address 1726 M Street, NW, Suite 501
Zip/postal code 20036
Place Washington, DC
State/province
Country United States
Phone +1 202 293 2971
E-mail esop@esopassociation.org
Website www.esopassociation.org

 

 

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