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.