ESOP – Growth Through Acquisitions

One way that ESOPs or EOTs may grow in value and size, is through the acquisition of companies.  These acquisitions may be bolt on acquisitions that expand existing services in a new geography, or they may be companies that provide a diversification in services and client base as a means to diversify risk of customer…

Indiana ESOPs

Based on the 2023 DOL 5500 form data Indiana is home to 189 ESOPs, providing retirement benefits to over 185 thousand individuals with total assets exceeding $25 billion dollars.  The average participant account value is over $142 thousand dollars.  The average 401K value in 2023 according to Vanguard was just over $134 thousand dollars.  However,…

Employee Ownership Summit 2025

This event has been cancelled as of June 6, 2025. Are you a business owner? Perhaps thinking about ownership transition, retirement, or wondering how you might preserve the legacy that you have built up over a lifetime? The Silver Tsunami is upon us!  Members of the boomer generation are reaching normal retirement age at a…

Indiana ESOPs – 2023 DOL Form 5500

A review of DOL 5500 Forms for 2023 (the most recent year with complete results) for Indiana identifies that Indiana is home to 183 ESOPs, with 182,479 participants, with plan assets over 25 billion dollars. There are ESOPs in over 84 Indiana communities – but the top 5 Indiana cities for ESOPs are: Rank City/cities…

Silver Tsunami – Indiana

The Employee Ownership 100: America’s Largest Majority Employee-Owned Companies

NCEO’s listing of the 100 largest broad-based employee-owned companies in the US.  Listing is available here. Congratulations to: Jasper Holdings (#27), and Miller’s Health Systems (#46)  

SouthWest Ohio Employee Ownership Forum

SW Ohio Employee Ownership Forum – Presented by the Ohio Employee Ownership Center at Kent State University and the Indiana Center for Employee Ownership. Overview This day-long forum, held in Southwest Ohio, is designed  to review this current year, and look forward to, and plan for, the upcoming year. It also provides a great opportunity…

Exit Planning

Pleased to share that I have successfully completed EO ExitPro 101: Employee ownership for small business advisors.   This course offered by Project equity provides the knowledge and tools to effectively serve as a  quarterback, point person or referral roles for employee ownership exit transitions.

Indianapolis Mayor Hogsett proclaims October EOM

For your use during Employee Ownership Month Celebrations!

Governor Holcomb EOM Proclamation

For your use when celebrating Employee Ownership Month!