ESOP Facts
- There are approximately 11,500 ESOPs in the U.S.
- Approximately 10 million employees (10% of the private sector workforce).
- Approximately 3% of their total compensation from ESOP contributions.
- 330 ESOPs ( 3%) are publicly traded companies.
- Approximately 4,500 ESOP companies are majority-owned by the ESOP.
- Approximately 3,000 are 100% owned by the ESOP.
- About 2% of ESOP companies are unionized.
- 20% of ESOP’s are in the manufacturing sector.
- Total assets owned by U.S. ESOPs is estimated to be $870 billion at the end of 2010.
- 70% of ESOP companies are or were leveraged, meaning they used borrowed funds to acquire the employer securities held by the ESOP trustee.