Did you know…

As of the most recent DOL data (obtained from the 2022 DOL Form 5500 Data) Indiana is home to 184 ESOPs.   Fun Facts about Indiana ESOPs:

• Total participants 174,264
• Total Assets $21,805,689,745
• Average Account balance $125,130

According to Vanguard, for 2021, the average 401K balance is ~ 129K.  However, one key difference between ESOP and 401K retirement accounts – in most cases the ESOP accounts did not require any employee contribution!  The ESOP accounts are funded by contributions by the company!

Did you know that Indiana  ESOPs include the following industry types:

New ESOPs in 2022 include:

Did you know that ESOPs are located all across Indiana – but there are concentrations of ESOPs in the major population centers.  The top 5 Indiana cities claiming home to ESOPs are:

The map below is interactive and provides information on Indiana ESOPs, Congressional Districts, as well as State Senate and House Districts.  To open the menu to add these features to the map click on the arrow within the icon to the left of the map title (INCEO Map) and select or deselect the additional layers. To close the menu re-click on the arrow. You may click within the MAP, or within the menu to provide the desired view.  Note: this map will be updated pending final results of the 2024 general election.