EO 150 (formerly 100): America's Largest Employee-Owned Firms

The NCEO’s 2026 Employee Ownership List ranks companies in the US with the most employee-owners. To be on the list, companies must be at least majority employee-owned; most on the list are 100%.

ESOPs are the most common form of employee ownership in the US and are required to be broad-based. Collectively, the broad-based plans on this list currently cover more than 527,000 employees.

All ESOPs are ranked on the same measure (active participants as of their latest Form 5500 filing with the DOL). Percent ownership is determined through our ongoing project of research, tracking, and compiling statistics on all ESOPs. The size of the cooperative, which we believe to be the largest in the nation, is based on verified employees.

Any questions at all contact Research Director Nancy Wiefek at nwiefek@nceo.org.

*Asterisks = 100% ESOP/worker-owned companies. Click on a column heading to sort the table.

Employee Ownership by the Numbers

There are over 6,400 companies with an employee stock ownership plan (ESOP) in the US. Collectively these plans hold roughly $2.1 trillion in assets.

The Retirement Savings Crisis and the Role of ESOPs

ESOPs offer a powerful solution to the U.S. retirement savings crisis. Explore trends, data, and their impact on worker security.

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The Employee Ownership 150
Rank	Name	Active Participants in ESOP	City	State	Year ESOP Started	Business
1	Publix Super Markets	159,991	Lakeland	FL	1974	Supermarket chain
2	WinCo Foods*	17,907	Boise	ID	1985	Supermarket chain
3	HDR, Inc.*	13,126	Omaha	NE	1996	Architecture, engineering, and construction
4	Burns & McDonnell Engineering*	11,102	Kansas City	MO	1985	Architecture, engineering, and construction
5	W.L. Gore & Associates	8,996	Newark	DE	1974	Manufacturing
6	Davey Tree Expert Co*	8,923	Kent	OH	1997	Tree and environmental services
7	Houchens Industries*	8,218	Bowling Green	KY	1988	Diversified holding company
8	Austin Industries*	8,034	Dallas	TX	1986	Civil, commercial, and industrial construction service
9	Terracon*	7,943	Olathe	KS	1991	Environmental, facilities, geotechnical, and materials engineering services
10	Black & Veatch*	7,313	Overland Park	KS	1999	Engineering and construction
11	Advanced Call Center Technologies*	7,244	Berwyn	PA	2021	Telephone call centers
12	HNTB*	7,045	Kansas City	MO	2000	Architecture and engineering
13	Schreiber Foods*	6,509	Green Bay	WI	1998	Customer brand dairy producer
14	Scheels All Sports*	4,792	Fargo	ND	1982	Retail sporting goods
15	Amsted Industries*	4,485	Chicago	IL	1984	Industrial components
16	KeHE Distributors	4,478	Naperville	IL	2001	Food distribution
17	Schweitzer Engineering Laboratories*	4,450	Pullman	WA	1994	Electrical equipment manufacturing
18	Gensler	4,096	San Francisco	CA	1987	Architecture
19	McCarthy Holdings*	4,019	St. Louis	MO	1996	Commerical construction
20	Jasper Holdings, Inc.*	3,931	Jasper	IN	2009	Engine and transmission remanufacturing
21	Sammons Enterprises*	3,905	Dallas	TX	1978	Diversified holding company
22	KPH Healthcare Services, Inc.*	3,888	Gouverneur	NY	1984	Pharmacy and healthcare services
23	Recology*	3,877	San Francisco	CA	1985	Waste management
24	Acadian Ambulance	3,348	Lafayette	LA	1993	Ambulance services
25	Harps Food Stores*	3,323	Springdale	AR	1988	Supermarket chain
26	Sundt Construction*	3,225	Tempe	AZ	1972	Construction
27	Border States Industries*	3,196	Fargo	ND	1984	Wholesale distributor
28	TDIndustries*	3,124	Dallas	TX	1989	Engineering, mechanical construction and building services
29	S&C Electric*	3,107	Chicago	IL	1989	Provider of equipment and services
30	LJA Engineering, Inc.*	3,061	Houston	TX	2006	Engineering services
31	Brookshire Brothers*	3,030	Lufkin	TX	1998	Supermarket chain
32	Swinerton Builders*	2,874	Concord	CA	1984	Commercial construction
33	Cianbro*	2,848	Pittsfield	ME	1979	Construction
34	Johnson, Mirmiran and Thompson, Inc. (JMT)*	2,756	Hunt Valley	MD	1974	Engineering, architectural, and consulting services
35	Redner's Warehouse Markets*	2,745	Reading	PA	1975	Warehouse supermarket chain
36	North American Health Services, Inc.*	2,733	Mission Viejo	CA	2018	Skilled nursing facilities services
37	TMC Transportation	2,705	Des Moines	IA	2013	Open deck carrier
38	Garney*	2,656	North Kansas City	MO	1986	Water and wastewater piping systems
39	Rosendin Electric*	2,616	San Jose	CA	1992	Electrical contractor
40	Woodman's Markets*	2,609	Janesville	WI	1976	Supermarket chain
41	IMEG*	2,568	Rock Island	IL	2017	Engineering design
42	Modern Technology Solutions, Inc.*	2,537	Alexandria	VA	2008	Engineering services
43	Emery Sapp & Sons*	2,514	Columbia	MO	1998	Full-service heavy civil contractor
44	Wright Service Corp.*	2,483	West Des Moines	IA	2001	Environmental services
45	Westat, Inc.*	2,378	Rockville	MD	1977	Research and professional services
46	Brown and Caldwell*	2,333	Walnut Creek	CA	1962	Engineering consulting
47	Lewis Services*	2,308	West Henrietta	NY	1998	Vegetation management and emergency response restoration services
48	Applied Research Associates*	2,296	Albuquerque	NM	1991	Engineering research
49	Davis H. Elliot Company*	2,270	Lexington	KY	2000	Electrical contractor
50	nGroup*	2,237	Fort Mill	SC	2024	Facilities support services
51	Manos Home Care*	2,213	Oakland	CA	2014	In-home developmental disability services
52	Bi-Mart*	2,142	Eugene	OR	2003	Discount stores
53	Torch Technologies*	2,134	Huntsville	AL	2004	Diversified holding company
54	Mortenson Dental Partners*	2,128	Louisville	KY	2005	Dental offices
55	Challenge Manufacturing Company	2,038	Walker	MI	1997	Automotive manufacturing
56	KCI Technologies*	2,037	Sparks	MD	1990	Engineering, consulting, and construction
57	Consigli Construction Co., Inc. *	2,031	Milford	MA	2017	Construction
58	DCS Corporation*	2,000	Alexandria	VA	1986	Engineering services
59	EVAPCO Inc.	1,987	Taneytown	MD	1984	Fabricated metal product manufacturing
60	Penn Line Enterprises*	1,983	Scottdale	PA	1979	Infrastructure maintenance
61	Homeland Acquisition Corporation*	1,967	Oklahoma City	OK	2011	Grocery store chain
62	Stars Behavioral Health Group*	1,941	Long Beach	CA	2009	Mental health and social services
63	Hargrove Engineers & Constructors*	1,904	Mobile	AL	2011	Engineering services
64	Map Communications*	1,869	Chesapeake	VA	2002	Business inbound call center and answering services
65	The Resorts Companies, Inc.*	1,846	Charlottesville	VA	1993	Resort management
66	American Systems Corp.*	1,827	Chantilly	VA	1990	Engineering services
67	The Kendall Group, Inc.*	1,747	Portage	MI	1989	Wholesale distributor
68	West Coast Drywall and Paint*	1,707	Riverside	CA	2017	Drywall and paint subcontractor
69	Krueger International, Inc.*	1,697	Green Bay	WI	2006	Furniture manufacturing
70	Miller's Health Systems*	1,684	Warsaw	IN	2006	Rehabilition and senior healthcare
71	Mulberry Street Management Services, Inc.*	1,679	Morgantown	WV	2018	Management consultants
72	McNaughton-McKay Electric Company*	1,663	Madison Heights	MI	2006	Wholesale electrical distributor
73	Fitzgerald Auto Mall*	1,646	Rockville	MD	2021	Car dealership
74	Bridges Health*	1,641	Oklahoma City	OK	2021	Skilled nursing and therapy facility management
75	DLR Group*	1,634	Omaha	NE	2003	Global design
76	Yoke's Fresh Markets*	1,625	Spokane	WA	1990	Grocery store chain
77	Servantex*	1,620	Indianapolis	IN	2023	On-site workforce management
78	Precision Walls, Inc.*	1,613	Cary	NC	2016	Specialty subcontractor
79	Cooperative Home Care Associates* (via a worker cooperative)	1,600	Bronx	NY	1995	Home health care services for those who are elderly, chronically ill, or living with disabilities
80	Morton Buildings*	1,553	Morton	IL	2017	Fabrication and construction
81	United Production Framing*	1,552	Riverside	CA	2017	Foundation, structure, and building exterior contractors
82	Greenman-Pedersen, Inc. (GPI)*	1,546	Babylon	NY	2002	Engineering services
83	MyPath Companies*	1,537	Oconomowoc	WI	2002	Health and disability services
84	Buehler's Fresh Foods*	1,531	Wooster	OH	2017	Grocery store chain
85	Ulteig*	1,512	Fargo	ND	2005	Infrastructure engineering, technical services and consulting
86	Martin Resource Management*	1,503	Kilgore	TX	2012	Distribution and transportation
87	D.A. Davidson Companies	1,490	Great Falls	MT	1977	Investment advising
88	Suntec Concrete*	1,489	Phoenix	AZ	2023	Commercial concrete construction
89	Performance Contracting Group*	1,481	Lenexa	KS	1986	Specialty contractor
90	SWCA Environmental Consultants*	1,473	Phoenix	AZ	1998	Environmental consulting
91	Emprise Group*	1,420	St. Louis	MO	2020	emailed
92	Farmers Home Furniture*	1,415	Dublin	GA	2012	Furniture stores
93	The Garland Company, Inc.*	1,387	Independence	OH	1985	Commercial roofing and manufacturing
94	ACCO Engineered Systems*	1,376	Pasadena	CA	2007	Heating and air conditioning services
95	CCMSI*	1,375	Danville	IL	1990	Third party administrator
96	Columbia Forest Products*	1,370	Greensboro	NC	1977	Sustainable hardwood plywood and veneers
97	P.L. Marketing*	1,366	Newport	KY	2017	Retail sales, merchandising, and marketing services
98	PAQ, Inc.*	1,359	Lodi	CA	2019	Grocery stores
99	Envision Radiology*	1,352	Colorado Springs	CO	2017	Radiology centers
100	HB Global	1,347	Camp Hill	PA	2010	Mechanical contracting services
101	SCS Engineers*	1,345	Long Beach	CA	1986	Environmental consulting and construction
102	Hypertherm*	1,342	Hanover	NH	2001	Engineering and manufacturing services
103	FORTÉ*	1,289	Lenexa	KS	1989	Audio visual integrator and AV company
104	Joy Baking Group*	1,276	Hermitage	PA	1975	Sugar and confectionary product manufacturing
105	Central States*	1,274	Tontitown	AR	1991	Metal roof, siding, and packages for buildings
105	Epsilon Systems*	1,274	San Diego	CA	2018	Engineering services
107	SRC Holdings Corporation*	1,267	Springfield	MO	1983	Equipment remanufacturing
108	PACE Supply*	1,257	Rohnert Park	CA	1994	Wholesale distributor
109	Sullivan Tire and Auto Service*	1,247	Norwell	MA	2023	Automotive services
110	VGM Group*	1,230	Waterloo	IA	2005	Healthcare member service organization
111	Metro Appliances & More*	1,225	Tulsa	OK	2000	Major appliances retailer
112	Food Depot*	1,197	Stockbridge	GA	1993	Grocery store chain
113	Halff*	1,182	Richardson	TX	2002	Infrastructure consulting
114	The Branch Group*	1,179	Roanoke	VA	1982	Commercial construction
115	Pennoni*	1,175	Philadelphia	PA	1994	Engineering services
116	Holden Industries, Inc.*	1,169	Deerfield	IL	2007	Manufacturing
117	Abt Global*	1,156	Cambridge	MA	1975	Consulting and data analysis
118	Adams and Associates*	1,146	Reno	NV	2012	Educational services
119	Liberty Military Housing*	1,143	Huntington Beach	CA	2021	Provider of miltary housing
120	Mathematica*	1,139	Princeton	NJ	2005	Management, scientific, and technical consulting services
121	Mead Lumber*	1,136	Columbus	NE	2000	Home center
122	Locke Supply Co.*	1,135	Oklahoma City	OK	2000	Plumbing, electrical, and HVAC distributor
123	Melton Truck Lines*	1,129	Tulsa	OK	2023	Over-the-road flatbed trucking
124	Radiance Technologies*	1,105	Huntsville	AL	2008	Scientific research and development services
125	Roberts Hawaii*	1,104	Honolulu	HI	2006	Tour and transportation company
126	Litehouse*	1,095	Sandpoint	ID	2006	Food manufacturing
127	David Evans and Associates*	1,088	Portland	OR	1978	Engineering services
128	DSG (Dakota Supply Group)*	1,084	Plymouth	MN	1996	Household appliances and electronic goods
129	B&I Contractors*	1,070	Fort Myers	FL	1985	Commercial electrical, plumbing, HVAC, and refrigeration services
130	American Solutions for Business (ASB)*	1,066	Glenwood	MN	2000	Custom print, direct mail strategy, and office supplies
131	Rieth Riley Construction*	1,039	Goshen	IN	1985	Asphalt paving and full-site civil construction services
132	Superior Consolidated (SC2)*	1,027	Peoria	IL	1988	Supply chain services and solutions
133	Atrium Centers*	1,022	Columbus	OH	2021	Short-term post-acute rehabilitation and long-term nursing care
134	Volkert*	1,021	Mobile	AL	1975	Infrastructure engineering
135	AlaTrade Foods*	1,017	Guntersville	AL	2020	Poultry processing
136	Henderson Engineers*	998	Lenexa	KS	2021	Engineering design and facility consulting
137	Newport Restaurant Group*	992	Warwick	RI	1995	Hospitality (hotel & restaurants)
138	Thrifty White Pharmacy*	988	Plymouth	MN	1978	Pharmacy chain
139	Pima Medical Institute	987	Tucson	AZ	2002	Educational services
140	Messer Construction Co.*	981	Cincinnati	OH	1985	Construction manager and general contractor
141	Braun Intertec*	971	Minneapolis	MN	1995	Architecture, engineering, and construction
142	C&K Market Inc.*	970	Medford	OR	2019	Grocery store retailer
143	Hoffman & Hoffman*	969	Greensboro	NC	1998	Sales, installation and service of commercial HVAC
144	Huck's Market*	934	Carmi	IL	1984	Chain of large-format convenience stores
144	Psomas*	934	Los Angeles	CA	2000	Engineering, environmental, construction management, and survey firm
146	Chemonics International, Inc.*	932	Washington	DC	2001	International development consulting firm
147	Trinidad Benham*	922	Greenwood Village	CO	1984	Merchandising, packaging, trading and distribution
148	S&ME*	907	Raleigh	NC	1995	Engineering, design, planning, and construction services
149	Barr*	899	Minneapolis	MN	2001	Engineering and environmental consulting services
150	Plastic Products Company (PPC)*	894	Lindstrom	MN	1998	Thermoplastic, metal and ceramic injection molder
150	Room & Board*	894	Minneapolis	MN	2024	Custom-made furniture and home furnishings