The National Center for Employee Ownership (NCEO), a nonprofit research and membership organization supporting the employee ownership community since 1981, has named Jasper Holdings as the 27th largest majority employee-owned company on its 2024 Employee Ownership 100 list.
Jasper was ranked 33rd on the NCEO 2023 list.
The Employee Ownership 100 list includes the largest broad-based employee-owned companies in the United States that the NCEO could verify using governmental or other credible third-party sources. Most are ESOP-owned, and one is a cooperative. To be on the list, companies must be at least 50% employee-owned; most are 100%. Collectively, these broad-based plans employ more than 655,000 people, NCEO states.
"It has been great to see Jasper Holdings, Inc. move up the NCEO ranking to 27th," says Jasper Holdings President Zach Bawel. "The growth we have experienced since becoming an ESOP has been a game changer for our Associate-Owners' financial freedom in retirement. With both organic growth and acquisitions, we look forward to continuing to move up on this list as we find more great companies to become part of Jasper Holdings Inc."
The NCEO is a 501(c)(3) nonprofit organization supporting the employee ownership community since 1981. The NCEO helps its thousands of members make intelligent decisions about employee ownership with everything from reliable information on technical issues to inspiration to help companies reach the full potential of employee ownership. Since becoming 100% Associate-Owned in 2009, Jasper Holdings Inc., has grown from approximately 2,100 Associate-Owners to today having over 4,250.
