Limited liability companies (LLCs) are a relatively recent form of business organization, but one that has become increasingly popular because of their simplicity and flexibility. Many LLCs want employees to have an ownership stake in the company, and they have a wide array of options.
This page presents counts and characteristics of ESOPs and other employee ownership plans in the U.S., using data made available by the U.S. Department of Labor, the General Social Survey, and other sources.
Limited liability companies (LLCs) are a relatively recent form of business organization, but one that has become increasingly popular. LLCs are similar in many ways to S corporations, but ownership is evidenced by membership interests rather than stock.
Many companies we encounter have a pretty good idea of what kind of employee ownership plan they want to use, usually based on specific needs and goals. However, sometimes they might be better served by another kind of stock plan.