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A Statistical Snapshot of ESOPs: Company and Participant Numbers, and Industry Distribution

How many ESOPs and participants are there? What industries are represented? 2026 Update

The most common form of employee ownership by far in the US is an ESOP (employee stock ownership plan), a retirement plan that acquires company stock in accounts for employees. About 6,411 companies (mostly closely held) have an ESOP, and an average of 270 more ESOPs are created yearly. (Because some companies have more than one ESOP, there are 6,609 ESOPs in all.) ESOPs are found in all industries but particularly in ones like manufacturing. About 10.9 million employees, or about 8% of the private-sector workforce, are ESOP participants, plus several million more participants who have left employment and are not fully paid out yet. For more ESOP statistics, see Employee Ownership by the Numbers.

A Statistical Snapshot of ESOPs

Employee Stock Ownership Plans in the US

6,411
Total ESOP Companies
Most ESOP companies are private, but most participants are in public companies because they are often much larger.
Type of Company
5,993Private companies
418Public companies
Participant Distribution
12,238,947In public companies
2,866,357In private companies
15,105,304
Total ESOP Participants Nationwide
10.9M
Active
Participants
4.1M
Inactive
Participants
Active participants are currently employed. Inactive participants are former employees not yet fully paid out.
269Average New ESOPs per Year
2019
259
2020
203
2021
283
2022
292
2023
309
These three industries account for over 50% of all private ESOP companies.
20%
Manufacturing
19%
Professional, Scientific, and Technical Services
17%
Construction
An Interactive Introduction to ESOPs

The infographic above is an elaboration of one developed for our Interactive Introduction to ESOPs, a free online educational tool.