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Stewarts Shops

Partners Enjoying ESOP Contributions

04/13/15

If you notice some extra smiles on our partners’ faces, it’s because they are now receiving their statements from our Employee Stock Ownership Plan, or ESOP. Stewart’s Shops has made a $13.3 million contribution to the plan, which is an additional $4 million over the previous year.

Stewart’s employees own nearly 40% of the company through “Profit Sharing,” which is funded 100% by the company, and provides long-term financial security. It’s why employees are called ‘Partners.’

The company contribution equals nearly 20% of a partners’ pay in 2014. In addition to the ESOP contribution, partners will see about 15% growth on their existing ESOP accounts, as Stewart’s Shops continues to grow.

Learn more about ESOP and career opportunities at Stewart’s Shops here.

ESOP Contribution from Stewart's Shops Corp on Vimeo.

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