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Frequently Asked Questions
What does it mean to be an employee-owned company?
It means that everyone who works at the company is an owner! Ownership ensures that everyone builds wealth when the company succeeds.
What is an ESOP?
An ESOP is an Employee Stock Ownership Plan. Technically it is a retirement plan. The company makes annual contributions and the value of your account tracks closely with our success. You pay nothing for your shares and do not have to contribute to your ESOP account.
Is the ESOP open to all employees?
It is open to all employees who are over the age of 18 and have worked at least 1,000 hours in the last 12 months.
Does this cost me anything?
It does not cost you anything!
Does this mean I can set my own schedule?
We are professionally managed, just like any business, and being an owner doesn’t necessarily mean you have control. Ownership is about having a monetary stake in and an ability to have a positive impact on the success of the company. Control is about decision making.
How Many Companies have an ESOP in the United States?
6,482
How many employee owners are currently working in an ESOP (Employee Stock Ownership Plan) in the United States?
13.9 Million
Have any questions?
Feel free to submit your questions by reaching out to our office contact below
(704) 837-8411
Monday - Friday, 8:00 am - 5:00 pm
HYPER NETWORK LLC.
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