The Employee Ownership 100: America's Largest Majority Employee-Owned Companies

July 2020

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. Several companies from last year’s list have been removed as a result of smaller employee counts or changing ownership structure, and two employee-owned companies from the 2019 list were sold since our last publication.

Data is collected from direct correspondence with companies, corporate websites, or, if these are not available, the most recent public data available. Companies marked with an asterisk are 100% employee-owned. Additions and corrections are welcome; please contact Director of Culture and Engagement Dallan Guzinski at dguzinski@nceo.org.  We encourage companies on the list to contact their local and trade media to tell their stories. We have sample press material available; contact Dallan Guzinkski.

To sort the table by a particular column, click on one of the headings at the top of the table.

*100% employee-owned