The National Center for Employee Ownership (NCEO), a nonprofit research and membership organization supporting the employee ownership community since 1981, announced that SRC Holdings Corp. has been named the 88th largest majority employee-owned company on its 2025 Employee Ownership 100 list.

The list includes the largest broad-based employee-owned companies in the U.S. that the NCEO could verify using governmental or other credible third-party sources. To be on the list, companies must be at least 50% employee-owned; most on the list are 100%, including SRC. Collectively, these broad-based plans cover over 642,000 people.

ESOPs of all industries and sizes have a long history of showing tangible benefits to both companies and employees while creating a viable model for business succession. The latest data from the Department of Labor shows total contributions to ESOP accounts were more than $107 billion.