ESOP

SESCO Lighting, Inc., has been employee owned since 1996. Currently, employees own 100% of the company’s stock.

What does ESOP stand for anyway?

  • Employee
  • Stock
  • Ownership
  • Program

An ESOP plan is basically a retirement or pension plan that is governed by Federal legislation.

It is a means for employees to obtain ownership of their company without having to pay for company stock out of their own pockets.

An ESOP primarily invests in their own company stock.

Offices

Divisions