FarraTech’s ESOP Program
A rarity in the business world, FarraTech is 100% employee owned. FarraTech is proud to provide our employees with company ownership through our Employee Stock Ownership Plan (ESOP). As of 2015, the National Center for Employee Ownership (NCEO) estimated there are roughly 7,000 employee stock ownership plans (ESOPs) covering about 13.5 million employees. Farratech’s Employee Stock Ownership and 401K Plan is a defined contribution plan with a profit-sharing component, 401k feature, and leveraged ESOP component.