The ESOP Association & Project Equity

The #EOSolution

The ESOP Association and Project Equity have partnered to amplify employee ownership as a common sense way to preserve businesses, strengthen jobs and build a more resilient post-pandemic economy. This partnership utilizes nationwide state-by-state data to demonstrate the potential solution ESOPs pose for the forthcoming retirement-driven small business crisis, known as the “Silver Tsunami.”

Please use the map below to access Employee Ownership data for your state.

The EO Solution to the Small Business Crisis

Click a state on the map to see details.

Baby boomers own half of all privately held firms in Alabama. As most of these owners retire, our local business landscape is shifting dramatically. In Alabama, this “Silver Tsunami” affects: 33,800 firms, 452,400 employees and $83.9 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Alabama, based on the latest Department of Labor data, there are now 76 Employee Owned companies with an ESOP. In 2018, ESOPs in Alabama distributed $429,013,235, helping local communities, workers, and businesses thrive.  

Baby boomers own half of all privately held firms in Alaska. As most of these owners retire, our local business landscape is shifting dramatically. In Alaska, this “Silver Tsunami” affects: 7,400 firms, 64,200 employees and $13.3 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Alaska, based on the latest Department of Labor data, there are now 24 Employee Owned companies with an ESOP. In 2018, ESOPs in Alaska distributed $6,057,534, helping local communities, workers, and businesses thrive.  

Baby boomers own half of all privately held firms in Arizona. As most of these owners retire, our local business landscape is shifting dramatically. In Arizona, this “Silver Tsunami” affects: 50,400 firms, 596,900 employees and $99.1 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Arizona, based on the latest Department of Labor data, there are now 99 Employee Owned companies with an ESOP. In 2018, ESOPs in Arizona distributed $2,705,299,609, helping local communities, workers, and businesses thrive.  

Baby boomers own half of all privately held firms in Arkansas. As most of these owners retire, our local business landscape is shifting dramatically. In Arkansas, this “Silver Tsunami” affects: 23,000 firms, 258,000 employees and $57.7 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Arkansas, based on the latest Department of Labor data, there are now 24 Employee Owned companies with an ESOP. In 2018, ESOPs in Arkansas distributed $6,057,534, helping local communities, workers, and businesses thrive.  

Baby boomers own half of all privately held firms in California. As most of these owners retire, our local business landscape is shifting dramatically. In California, this “Silver Tsunami” affects: 358,900 firms, 3.87M employees and $865.6 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In California, based on the latest Department of Labor data, there are now 786 Employee Owned companies with an ESOP. In 2018, ESOPs in California distributed $11,258,869,668, helping local communities, workers, and businesses thrive.  

Baby boomers own half of all privately held firms in Colorado. As most of these owners retire, our local business landscape is shifting dramatically. In Colorado, this “Silver Tsunami” affects: 61,000 firms, 589,000 employees and $103 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Colorado, based on the latest Department of Labor data, there are now 121 Employee Owned companies with an ESOP. In 2018, ESOPs in Colorado distributed $646,271,477, helping local communities, workers, and businesses thrive.  

Baby boomers own half of all privately held firms in Connecticut. As most of these owners retire, our local business landscape is shifting dramatically. In Connecticut, this “Silver Tsunami” affects: 34,400 firms, 380,400 employees and $90.2 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Connecticut, based on the latest Department of Labor data, there are now 62 Employee Owned companies with an ESOP. In 2018, ESOPs in Connecticut distributed $7,874,004,398, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in Delaware. As most of these owners retire, our local business landscape is shifting dramatically. In Delaware, this “Silver Tsunami” affects: 8,800 firms, 89,900 employees and $17.9 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Delaware, based on the latest Department of Labor data, there are now 8 Employee Owned companies with an ESOP. In 2018, ESOPs in Delaware distributed $1,134,885,750, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in Florida. As most of these owners retire, our local business landscape is shifting dramatically. In Florida, this “Silver Tsunami” affects: 212,000 firms, 1.96M employees and $357.1 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Florida, based on the latest Department of Labor data, there are now 177 Employee Owned companies with an ESOP. In 2018, ESOPs in Florida distributed $1,999,673,441, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in Georgia. As most of these owners retire, our local business landscape is shifting dramatically. In Georgia, this “Silver Tsunami” affects: 73,800 firms, 887,100 employees and $193.9 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Georgia, based on the latest Department of Labor data, there are now 156 Employee Owned companies with an ESOP. In 2018, ESOPs in Georgia distributed $2,930,157,234, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in Hawaii. As most of these owners retire, our local business landscape is shifting dramatically. In Hawaii, this “Silver Tsunami” affects: 12,400 firms, 152,100 employees and $24.3 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Hawaii, based on the latest Department of Labor data, there are now 65 Employee Owned companies with an ESOP. In 2018, ESOPs in Hawaii distributed $168,471,410, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in Idaho. As most of these owners retire, our local business landscape is shifting dramatically. In Idaho, this “Silver Tsunami” affects: 16,300 firms, 152,200 employees and $33.7 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Idaho, based on the latest Department of Labor data, there are now 45 Employee Owned companies with an ESOP. In 2018, ESOPs in Idaho distributed $287,916,916, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in Illinois. As most of these owners retire, our local business landscape is shifting dramatically. In Illinois, this “Silver Tsunami” affects: 120,600 firms, 1.36M employees and $288.1 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Illinois, based on the latest Department of Labor data, there are now 363 Employee Owned companies with an ESOP. In 2018, ESOPs in Illinois distributed $7,101,948,078, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in Indiana. As most of these owners retire, our local business landscape is shifting dramatically. In Indiana, this “Silver Tsunami” affects: 49,500 firms, 664,600 employees and $138.5 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Indiana, based on the latest Department of Labor data, there are now 183 Employee Owned companies with an ESOP. In 2018, ESOPs in Indiana distributed $1,162,578,246, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in Iowa. As most of these owners retire, our local business landscape is shifting dramatically. In Iowa, this “Silver Tsunami” affects: 28,900 firms, 311,600 employees and $76.4 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Iowa, based on the latest Department of Labor data, there are now 172 Employee Owned companies with an ESOP. In 2018, ESOPs in Iowa distributed $606,748,460, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in Kansas. As most of these owners retire, our local business landscape is shifting dramatically. In Kansas, this “Silver Tsunami” affects: 27,500 firms, 306,100 employees and $57.6 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Kansas, based on the latest Department of Labor data, there are now 102 Employee Owned companies with an ESOP. In 2018, ESOPs in Kansas distributed $792,537,176, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in Kentucky. As most of these owners retire, our local business landscape is shifting dramatically. In Kentucky, this “Silver Tsunami” affects: 30,700 firms, 364,800 employees and $71.7 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Kentucky, based on the latest Department of Labor data, there are now 109 Employee Owned companies with an ESOP. In 2018, ESOPs in Kentucky distributed $893,690,330, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in Louisiana. As most of these owners retire, our local business landscape is shifting dramatically. In Louisiana, this “Silver Tsunami” affects: 38,000 firms, 492,800 employees and $89.8 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Louisiana, based on the latest Department of Labor data, there are now 75 Employee Owned companies with an ESOP. In 2018, ESOPs in Louisiana distributed $534,226,286, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in Maine. As most of these owners retire, our local business landscape is shifting dramatically. In Maine, this “Silver Tsunami” affects: 16,600 firms, 144,200 employees and $25.5 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Maine, based on the latest Department of Labor data, there are now 54 Employee Owned companies with an ESOP. In 2018, ESOPs in Maine distributed $8,364,901, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in Maryland. As most of these owners retire, our local business landscape is shifting dramatically. In Maryland, this “Silver Tsunami” affects: 51,600 firms, 616,100 employees and $123.1 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Maryland, based on the latest Department of Labor data, there are now 125 Employee Owned companies with an ESOP. In 2018, ESOPs in Maryland distributed $3,714,930,867, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in Massachusetts. As most of these owners retire, our local business landscape is shifting dramatically. In Massachusetts, this “Silver Tsunami” affects: 68,000 firms, 775,800 employees and $162.1 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Massachusetts, based on the latest Department of Labor data, there are now 131 Employee Owned companies with an ESOP. In 2018, ESOPs in Massachusetts distributed $1,913,939,501, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in Michigan. As most of these owners retire, our local business landscape is shifting dramatically. In Michigan, this “Silver Tsunami” affects: 81,500 firms, 1.05M employees and $204.3 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Michigan, based on the latest Department of Labor data, there are now 201 Employee Owned companies with an ESOP. In 2018, ESOPs in Michigan distributed $3,332,480,344, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in Minnesota. As most of these owners retire, our local business landscape is shifting dramatically. In Minnesota, this “Silver Tsunami” affects: 52,300 firms, 599,100 employees and $123.7 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Minnesota, based on the latest Department of Labor data, there are now 266 Employee Owned companies with an ESOP. In 2018, ESOPs in Minnesota distributed $7,337,797,096, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in Mississippi. As most of these owners retire, our local business landscape is shifting dramatically. In Mississippi, this “Silver Tsunami” affects: 19,700 firms, 243,800 employees and $44.1 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Mississippi, based on the latest Department of Labor data, there are now 44 Employee Owned companies with an ESOP. In 2018, ESOPs in Mississippi distributed $82,992,946, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in Missouri. As most of these owners retire, our local business landscape is shifting dramatically. In Missouri, this “Silver Tsunami” affects: 56,500 firms, 599,600 employees and $118.8 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Missouri, based on the latest Department of Labor data, there are now 192 Employee Owned companies with an ESOP. In 2018, ESOPs in Missouri distributed $1,327,073,921, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in Montana. As most of these owners retire, our local business landscape is shifting dramatically. In Montana, this “Silver Tsunami” affects: 14,700 firms, 112,300 employees and $19.1 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Montana, based on the latest Department of Labor data, there are now 35 Employee Owned companies with an ESOP. In 2018, ESOPs in Montana distributed $37,713,506, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in Nebraska. As most of these owners retire, our local business landscape is shifting dramatically. In Nebraska, this “Silver Tsunami” affects: 20,400 firms, 248,600 employees and $45 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Nebraska, based on the latest Department of Labor data, there are now 71 Employee Owned companies with an ESOP. In 2018, ESOPs in Nebraska distributed $294,882,809, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in Nevada. As most of these owners retire, our local business landscape is shifting dramatically. In Nevada, this “Silver Tsunami” affects: 22,700 firms, 275,300 employees and $51.8 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Nevada, based on the latest Department of Labor data, there are now 24 Employee Owned companies with an ESOP. In 2018, ESOPs in Nevada distributed $99,687,382, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in New Hampshire. As most of these owners retire, our local business landscape is shifting dramatically. In New Hampshire, this “Silver Tsunami” affects: 14,400 firms, 151,000 employees and $29.8 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In New Hampshire, based on the latest Department of Labor data, there are now 32 Employee Owned companies with an ESOP. In 2018, ESOPs in New Hampshire distributed $50,658,322, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in New Jersey. As most of these owners retire, our local business landscape is shifting dramatically. In New Jersey, this “Silver Tsunami” affects: 93,500 firms, 1.02M employees and $226.6 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In New Jersey, based on the latest Department of Labor data, there are now 133 Employee Owned companies with an ESOP. In 2018, ESOPs in New Jersey distributed $12,637,966,033, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in New Mexico. As most of these owners retire, our local business landscape is shifting dramatically. In New Mexico, this “Silver Tsunami” affects: 17,000 firms, 189,700 employees and $27.6 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In New Mexico, based on the latest Department of Labor data, there are now 39 Employee Owned companies with an ESOP. In 2018, ESOPs in New Mexico distributed $72,187,068, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in New York. As most of these owners retire, our local business landscape is shifting dramatically. In New York, this “Silver Tsunami” affects: 121,600 firms, 2.09M employees and $445.5 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In New York, based on the latest Department of Labor data, there are now 302 Employee Owned companies with an ESOP. In 2018, ESOPs in New York distributed $9,199,112,410, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in North Carolina. As most of these owners retire, our local business landscape is shifting dramatically. In North Carolina, this “Silver Tsunami” affects: 78,800 firms, 878,900 employees and $165 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In North Carolina, based on the latest Department of Labor data, there are now 115 Employee Owned companies with an ESOP. In 2018, ESOPs in North Carolina distributed $5,352,714,562, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in North Dakota. As most of these owners retire, our local business landscape is shifting dramatically. In North Dakota, this “Silver Tsunami” affects: 8,300 firms, 83,400 employees and $18.7 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In North Dakota, based on the latest Department of Labor data, there are now 59 Employee Owned companies with an ESOP. In 2018, ESOPs in North Dakota distributed $268,589,184, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in Ohio. As most of these owners retire, our local business landscape is shifting dramatically. In Ohio, this “Silver Tsunami” affects: 88,000 firms, 1.21M employees and $232.8 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Ohio, based on the latest Department of Labor data, there are now 297 Employee Owned companies with an ESOP. In 2018, ESOPs in Ohio distributed $6,662,892,910, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in Oklahoma. As most of these owners retire, our local business landscape is shifting dramatically. In Oklahoma, this “Silver Tsunami” affects: 33,400 firms, 355,000 employees and $66 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Oklahoma, based on the latest Department of Labor data, there are now 83 Employee Owned companies with an ESOP. In 2018, ESOPs in Oklahoma distributed $585,960,594, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in Oregon. As most of these owners retire, our local business landscape is shifting dramatically. In Oregon, this “Silver Tsunami” affects: 43,400 firms, 425,700 employees and $77.9 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Oregon, based on the latest Department of Labor data, there are now 76 Employee Owned companies with an ESOP. In 2018, ESOPs in Oregon distributed $359,670,024, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in Pennsylvania. As most of these owners retire, our local business landscape is shifting dramatically. In Pennsylvania, this “Silver Tsunami” affects: 108,300 firms, 1.3M employees and $270.5 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Pennsylvania, based on the latest Department of Labor data, there are now 287 Employee Owned companies with an ESOP. In 2018, ESOPs in Pennsylvania distributed $3,704,142,078, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in Rhode Island. As most of these owners retire, our local business landscape is shifting dramatically. In Rhode Island, this “Silver Tsunami” affects: 11,900 firms, 114,400 employees and $21.5 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Rhode Island, based on the latest Department of Labor data, there are now 15 Employee Owned companies with an ESOP. In 2018, ESOPs in Rhode Island distributed $1,336,920,506, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in South Carolina. As most of these owners retire, our local business landscape is shifting dramatically. In South Carolina, this “Silver Tsunami” affects: 36,300 firms, 432,100 employees and $73.3 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In South Carolina, based on the latest Department of Labor data, there are now 53 Employee Owned companies with an ESOP. In 2018, ESOPs in South Carolina distributed $279,224,649, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in South Dakota. As most of these owners retire, our local business landscape is shifting dramatically. In South Dakota, this “Silver Tsunami” affects: 10,400 firms, 94,100 employees and $22.1 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In South Dakota, based on the latest Department of Labor data, there are now 24 Employee Owned companies with an ESOP. In 2018, ESOPs in South Dakota distributed $22,292,373, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in Tennessee. As most of these owners retire, our local business landscape is shifting dramatically. In Tennessee, this “Silver Tsunami” affects: 44,100 firms, 610,500 employees and $116.1 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Tennessee, based on the latest Department of Labor data, there are now 108 Employee Owned companies with an ESOP. In 2018, ESOPs in Tennessee distributed $1,058,197,560, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in Texas. As most of these owners retire, our local business landscape is shifting dramatically. In Texas, this “Silver Tsunami” affects: 206,500 firms, 2.79M employees and $556.7 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Texas, based on the latest Department of Labor data, there are now 370 Employee Owned companies with an ESOP. In 2018, ESOPs in Texas distributed $12,561,502,867, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in Utah. As most of these owners retire, our local business landscape is shifting dramatically. In Utah, this “Silver Tsunami” affects: 25,300 firms, 282,700 employees and $52.4 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Utah, based on the latest Department of Labor data, there are now 53 Employee Owned companies with an ESOP. In 2018, ESOPs in Utah distributed $149,822,771, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in Vermont. As most of these owners retire, our local business landscape is shifting dramatically. In Vermont, this “Silver Tsunami” affects: 8,700 firms, 72,500 employees and $13.6 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Vermont, based on the latest Department of Labor data, there are now 32 Employee Owned companies with an ESOP. In 2018, ESOPs in Vermont distributed $57,094,684, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in Virginia. As most of these owners retire, our local business landscape is shifting dramatically. In Virginia, this “Silver Tsunami” affects: 69,800 firms, 808,800 employees and $143.7 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Virginia, based on the latest Department of Labor data, there are now 282 Employee Owned companies with an ESOP. In 2018, ESOPs in Virginia distributed $5,622,491,768, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in Washington. As most of these owners retire, our local business landscape is shifting dramatically. In Washington, this “Silver Tsunami” affects: 69,000 firms, 681,800 employees and $140.9 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Washington, based on the latest Department of Labor data, there are now 108 Employee Owned companies with an ESOP. In 2018, ESOPs in Washington distributed $5,961,819,559, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in West Virginia. As most of these owners retire, our local business landscape is shifting dramatically. In West Virginia, this “Silver Tsunami” affects: 12,000 firms, 138,500 employees and $23.7 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In West Virginia, based on the latest Department of Labor data, there are now 28 Employee Owned companies with an ESOP. In 2018, ESOPs in West Virginia distributed $35,707,964, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in Wisconsin. As most of these owners retire, our local business landscape is shifting dramatically. In Wisconsin, this “Silver Tsunami” affects: 49,500 firms, 670,600 employees and $135 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Wisconsin, based on the latest Department of Labor data, there are now 201 Employee Owned companies with an ESOP. In 2018, ESOPs in Wisconsin distributed $1,708,817,020, helping local communities, workers, and businesses thrive.

Baby boomers own half of all privately held firms in Wyoming. As most of these owners retire, our local business landscape is shifting dramatically. In Wyoming, this “Silver Tsunami” affects: 7,900 firms, 58,300 employees and $13.3 billion in revenue. Employee ownership, including Employee Stock Ownership Plans, addresses the Silver Tsunami by providing viable succession plans that lead to job retention and dollars staying local. In Wyoming, based on the latest Department of Labor data, there are now 13 Employee Owned companies with an ESOP. In 2018, ESOPs in Wyoming distributed $7,415,019, helping local communities, workers, and businesses thrive.