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Ownership for Everyone

From the moment the company acquired 100% of the stock from Herb R. Sargent in 2013, Sargent became an employee-owned company. This enables everyone to share in the growth and profitability of the company.

As employee-owners, everyone in the Sargent family has a personal interest in the success of our projects. What we accomplish and how we allocate our resources today impacts what we’ll have tomorrow.

What Is ESOP?
ESOP stands for Employee Stock Ownership Plan. It’s an employee benefit plan known as a defined contribution plan, similar in some ways to a profit-sharing plan.
Benefits
1

Annual Allocation

Stock is allocated annually based on relative pay. The more years someone works at Sargent, the more they accumulate in their ESOP account.
2

Everyone Participates

After only six months or 1,000 hours of service, any Sargent employee is eligible to participate in the ESOP program.
3

Financial Benefit

Arguably the best part about the ESOP program is that it’s in addition to employee savings and retirement, not a replacement.
4

Future-Focused

Being employee-owned means that everyone has a vested interest in Sargent’s long-term success. With this added responsibility, we believe we build better and more thoughtfully.
5

No Cost

Unlike other types of employee stock ownership programs, our ESOP requires no upfront financial commitment. Being a Sargent employee and contributing through daily effort is the only requirement.
6

Continuous Reallocation

As employees retire, the company purchases their shares, reallocating them to new employees. This ensures everyone can participate for decades to come.
Employee-Owner Quotes
Travis Fernald
Travis Fernald
Allyson Dougherty-Kill
Neal Merrill
"I think becoming an employee-owned company has been a huge benefit to all, including higher profitability. It’s a great feeling."
"As an employee-owner I am part of the Sargent family. And when it comes to crunch time, we are definitely a united team!"
"The ESOP means longevity and security. I'm glad Herb did it."