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Employee Stock Ownership Plan Employee Stock Ownership Plan

What is an ESOP?

At ECI, we believe the people who contribute to our success should be able to share in it. That’s why we offer an Employee Stock Ownership Plan (ESOP) as part of our benefits program. 

Our ESOP is a wealth-building fund that provides eligible employees with a beneficial interest in the long‑term performance of the company. It is designed to align employee contributions with the company’s growth over time, supporting stability, collaboration and shared responsibility for our future. 

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  • Annual Contribution: At the end of each fiscal year, a discretionary contribution is made to your ESOP account.  

  • Vesting: The plan includes a three‑year cliff vesting schedule, allowing participants to build a vested ESOP account over time. 

  • Long‑Term Focus: ESOP benefits are tied to company performance and are intended to support retirement readiness and sustained organizational success. 

    Additional details about plan eligibility, vesting, and administration are provided during onboarding.

 

 

A Benefit That Grows With You

The ESOP reflects how we think about careers at ECI. We focus on building long‑term relationships with our employees and creating opportunities for growth, professionally and financially. When the company succeeds, ESOP participants share in that success through a benefit designed to support their future. 

Why Choose an ESOP Employer? 

Choosing an ESOP employer means joining an organization committed to long‑term thinking, shared responsibility, and reinvesting in its people. It’s one of the many ways ECI demonstrates its commitment to employees. 

Unlike traditional ownership structures, an ESOP does not involve individual stock purchases or direct control of shares. Instead, it is a company‑sponsored plan that helps employees participate in the company’s long‑term value creation. This approach reinforces a culture of accountability, teamwork, and forward‑thinking decision‑making.