52 employees reported this benefit
Contract employees do not have this privilege
ESOP account typically exceeds what an employee can save in one's own 401K even if maximizing 401K contributions with company 401K match. There is a retirement crisis in America, and ESOPs help provide a secure retirement for long term employees. Naturally a company needs to be successful but that success in shared with the employee owners.
You are given companies stocks every year based on your salary and how you unit did. You get those stocks when you retire.
100% ESOP participation from the very beginning
No one can beat the ESOP plan. Company is 100% ESOP, all employees are owners!
Their ESOP retirement plan is wonderful, Many employees have well over $200,000 in their ESOP accounts.