North Carolina

See below for more details on ESCA’s company members’ footprints in this state.

Home State Presence North Carolina
Employee-Owners At ESCA
Companies In North Carolina
Companies With
Headquarters In North Carolina
Companies With
Locations In North Carolina

Companies Headquartered in North Carolina


Companies with Locations in North Carolina

Get The Facts About S ESOPs

While nearly 46% of working Americans do not have access to an employer-sponsored retirement savings plan, all S corporation ESOP participants do have a plan, and that plan is wholly funded by their companies. More than 55% of Americans over the age of 55 have no retirement savings. Furthermore, data proves that S ESOPs are more than just powerful saving vehicles, they are economic drivers.

Retirement Benefits

  • Retirement account balances are meaningfully higher than the average 401(k). 
  • Distributions to participants totaled nearly $38 billion from 2002-2014.
  • Today, S ESOP workers are seeing $14 billion in new savings each year.
  • In a 2019 survey, 66% of millennial workers at S ESOP companies expect to be better off than their parents, compared to 41% of their peers at non-ESOP companies.
  • 91% of ESOP workers said they had enough savings to live comfortably during retirement compared to only 49% of U.S. retirees, according to a 2018 survey.

Economic Impact

  • By increasing capital ownership, ESOPs reduce wealth inequality and do not have the effect of trading employee ownership for wages.
  • S ESOPs in particular lead to greater firm longevity and higher wages, wage growth, job stability, retirement plan contributions, employment, and sales.
  • Every year S ESOPs’ higher productivity, profitability, job stability, and job growth generate a collective $19 billion in economic value that otherwise would not exist.
  • S ESOPs have strikingly fewer loan defaults than other businesses: on average, an unusually low 0.2 percent annually.