Iowa / Nebraska ESOP: Fact Sheet

Founded in 1978, The ESOP Association is the national association of companies with employee stock ownership plans (ESOPs) and service providers with a professional commitment to employee ownership through ESOPs.

The Association is the leading voice in America for employee ownership through ESOPs, and devotes considerable time to creating and maintaining favorable ESOP legislation.  In addition, The ESOP Association is a prime source for educational materials necessary for successful implementation and administration of an ESOP.
 
The Iowa-Nebraska Chapter of The ESOP Association is one of 18 state and regional chapters, and is among the Association’s most active and enthusiastic voices before Congress.
  • The Association represents approximately 1,400 ESOP companies.
  • According to the DOL there are approximately 200 ESOP companies in IA and NE.
  • Approximately 99% of Iowa-Nebraska members are privately held companies.
  • The total number of plan participants in Iowa and Nebraska is more than 35,000 with an average employee owner participant count for ESOP Association company members of 180 ESOP participants.
  • The average age of ESOPs in IA and NE ESOP companies is 17 years.
  • ESOP companies in IA and NE are, on average 53% employee owned, with 16% being 100% employee owned.

For information on membership and a member application form, go to: http://www.esopassociation.org/about-the-association/join

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