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.