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