The NCEO’s 2020 Employee Ownership 100 list includes the nation’s largest companies that are at least 50% owned by an employee stock ownership plan (ESOP) or other broad-based employee ownership plan. Many are 100% employee-owned. Employment includes all full- and part-time employees in the U.S. and worldwide.
The great majority (96%) of the companies on this list have ESOPs, and several of them have more than one plan. Other vehicles for employee ownership on this list include profit sharing plans invested in company stock, stock purchase plans, 401(k) plans, and a worker cooperative.
Seven companies have been added to this year’s list, and the companies featured collectively more than 620,000 people worldwide. This year the smallest companies on the list have 1,260 employees.