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The ESOP Association

Silver ESOPs

The Silver ESOP Award

The ESOP Association presents its Silver ESOP Award to corporate members that have operated their ESOP for 25 years or more. In 2021, 26 companies earned the award and 19 companies earned the award in 2022.

2022 Recipients of the Silver ESOP Award

3LS Inc.

A.B. Systems, Inc.

Bivar, Inc.

Carter Broadcast Group, Inc.

Central Moloney, Inc.

Challenge Mfg. Company

Concord Lumber Corporation

Dave Fox Remodeling, Inc.

FAST Global Solutions, Inc.

First Neighborhood Bancshares, Inc.

Fisher Tank Company

Gardeners' Guild, Inc.

Lake Bank Shares, Inc. ESOP

Materials Transportation Company

MPD, Inc.

Richards Agency, Inc.

Telecare Corporation

Thompson Holdings

West Coast Corp.

2021 Recipients of the Silver ESOP Award


Anvil Corporation

Barker-Phillips-Jackson, Inc.

Barr Brands International, Inc.

Bierschbach Equipment & Supply

Brown Strauss, Inc.


Chardon Laboratories, Inc.

Charles D. Jones Company Co.

Eggelhof, Inc.

Genuine McCarthy Enterprises, Inc.

GO2 Partners, Inc.

Haviland Enterprises, Inc.

HCC, Inc.

Holiday Builders, Inc.

ICC Group Inc.

Mel Foster Company

Once Again Nut Butter Collective, Inc.

O'Neil Printing, Inc.

Peter Basso Associates, Inc.

SESCO Lighting Inc.

Stacy and Witbeck, Inc.

Terrazzo & Marble Supply Co.

The Bank of Elk River

United Laboratories, Inc

Woodforest Financial Group

2020 Recipients of the Silver ESOP Award

Alliance Holdings, Inc.

Beauty Management, Inc.

Bellevue State Bank

Carris Reels, Inc.

Dakota Supply Group

Electronic Design & ManufacturingF & H Food Equipment Co.

First National Bancshares of Weatherford, Inc., KSOP

GSL Electric, Inc.

Howell Laboratories, Inc.

Illinois Oil Marketing Equipment, Inc.


Italix Company, Inc.

J.D. Steel Co., Inc.

Kurt Manufacturing

Newport Harbor Corporation

North Country Business Products

OwnersEdge Inc.

RJN Group, Inc.

RSG, Inc.

Ruekert & Mielke, Inc.

Sera Architects Inc.

Southern Rubber Company, Inc.

Southern Tier Insulations, Inc.

Super Salvage, Inc.

The March Westin Company, Inc.

The Media Loft, Inc.

Trendwood, Inc.

United Electric Supply Co., Inc.

Vermeer Texas-Louisiana

2019 Recipients of the Silver ESOP Award

Acadian Ambulance Service, Inc.

American Health Companies, Inc.

Bayer Construction Company, Inc.

Bell Engineering

D & S Manufacturing Co., Inc.

Haywood Builders Supply


Kennicott Brothers Company

Majors Plastics, Inc.

North States Industries, Inc.

Oxygen Service Company

Parts Wholesalers, Inc.

Riverview Community Bank

Sentry Equipment & Erectors, Inc.

Shawmut Design and Construction

Tejas Logistics System

The Resorts Companies, Inc.

Van Buren Bancorporation

Van Meter Inc.

2018 Recipients of the Silver ESOP Award

AbleNet, Inc.

Amboy Bancorporation

Bradford White Corporation

BRPH Companies

Bryant Air Conditioning & Heating

Central States Manufacturing, Inc.

Clark Insurance

Computational Physics, Inc.

Crop Quest, Inc.

Enercon Services, Inc.

Engineering America, Inc.

FBG Service Corporation

Harris & Associates, Inc.

Inland Truck Parts Company

Innovance, Inc.

Johnson & Turner Painting Co., Inc.

Life Cycle Engineering, Inc.

Manhasset Specialty Company

McFarland-Johnson, Inc

Meier Supply Co.

Morrissey Incorporated

New England Controls

Pacific Vascular

Parametrix, Inc.

Quality Boneless Beef

R. M. Towill Corporation

Ramsey Financial Corporation

Rosendin Electric, Incorporated

Scheels All Sports, Inc.

Standard Abstract & Title Company, Inc.

Superior Farms/Transhumance Holding Company Inc.

Technical Systems, Inc.

Trax International Corporation


Urner's, Inc.


Wawa, Inc.

Wenthe-Davidson Engineering Company

Western Contract

WinCo Foods, Inc.

Woodward Communications, Inc.

The 2017 Recipients of the Silver ESOP Award

Anchor Paper Company 

Ben Tire Distributors, Ltd.

Boyer Ford Trucks

Bremer Trust

Building Materials Distributors

Chatsworth Products, Inc.

Coast Heat Treating Company

DHC Supplies, Inc.

Durham & Bates Agencies Inc.

Eastern Shore Associates, Inc.



Gray Hodges Corporation

Hansen Plastic Corporation

Industrial Spring Corporation

Jacobsen Construction Company, Inc.

Jedmed Instrument Company

Kelley Manufacturing Company

Meadowvale, Inc.

MSA Professional Services, Inc.


Robert Peccia & Associates

Roush Equipment, Inc.

Royal State Group

Russ Davis Wholesale, Inc.

Southern Refrigeration Corporation

Stern Brothers Valuation Advisors

Strand Products, Inc.

Systems Technology, Inc.


Travel and Transport, Inc.

Waterfront Services Company

Western Contract

Previous Recipients of the Silver ESOP Award

Abt Associates Inc.

Accutrex Products, Inc.

Acme Rigging & Supply Co., Inc.

AGM Container Controls, Inc.

Agri-King, Inc.

AirBorn, Inc.

Allen Insurance and Financial

Alliance Foods, Inc.

Allied Mineral Products, Inc.

Alpine Bank

Alpine Lumber Company

Alterman, Inc.

American Systems Corporation

American Technical Publishers, Inc.

AMSTED Industries, Inc.

Anderson & Associates, Inc.

Ankrom Moisan Architects, Inc.

Apache Inc.

ASU Group

Atlantic Track & Turnout Company

Aubrey Silvey Enterprises, Inc.

Austin & Co., Inc.

Austin Industries, Inc.

Avery W. Hall Insurance Agency, Inc.

AVI Systems, Inc.

AWC Inc.

B & I Contractors, Inc.


Bay Cities Container Corp

Bimba Manufacturing Company

Black, Gould & Associates, Inc.

Bobbitt Design Build, Inc.

Bollman Hat Company

Bolton & Co.

Bonitz of South Carolina, Inc.

Border States Electric Supply

Bradford Company

Bridge Community Bank

Bruckner Truck Sales, Inc.

Brunson Instrument Company

Bryant Air Conditioning & Heating

Builders Supply Co., Inc.

Burns & McDonnell

Cactus Feeders, Inc.

California Eastern Laboratories, Inc.

Caltrol, Inc.

Cannon Cochran Management Services, Inc.

Carbo Forge, Inc.

Carl Warren & Company

Carter Myers Automotive

CCI Systems, Inc.

Cellusuede Products, Inc.

Central Bag Company

Chesapeake Financial Shares, Inc.

Chicago Lumber Company

Citizens Telephone Company of Higginsville

Cleaves-Bessmer-Marietti, Inc.

Community Bancshares, Inc.

Community Financial Services ESOP

ComSonics, Inc.

Conservit, Inc.

Consulting Engineers Group, Inc.

Contempora Fabrics, Inc.

Control Associates Inc.

Corporate Press, Inc.

CorTrust Bank

CPP, Inc.

Cramer and Associates, Inc.

Cranston Print Works Company

Cross Company

CSR, Incorporated

CTL Engineering, Inc.

Cummins-Wagner Company, Inc.

D. L. Evans Bank

Data Systems Analysts, Inc.

Davis, Gregory & Kyle, Inc.

DCI, Inc.

DCS Corporation

Dealers Electrical Supply Co.

DeKalb Feeds, Inc.

Delta Star, Inc.

Dental Health Services, Inc.

Dexter Apache Holdings, Inc.

Diamond Saw Works, Inc.

Diversified Industrial Capital Group, Inc.

Durden Banking Co., Inc.

Dynetics, Inc.

E. C. Barton & Company

EBO Group, Inc.

Edmund A. Allen Lumber Company

Edney Distributing Co., Inc.

EMA Group, Inc.

Employee Benefit Management Corp.

Employee Owned Holdings, Inc.

Energy Product Sales

ERS Industries, Inc.

ESOP of People's Bank and Trust Co.

ESOP Services, Inc.

Evapco, Inc.

Fairfax Lumber & Hardware Co.

FBMC Benefits Management

Financial Corp. of LA

First Citizens Bankshares




First National Bank of Bemidji

First State Bancorp of Monticello Inc.

First State Bancorp, Inc.

Fleetwood Group, Inc.

Floturn, Inc.

Foldcraft Company


FORCE America, Inc.

Forsythe Technology, Inc.

Foxx Equipment Company

Frank P. Langley Co., Inc.

Fred C. Church, Inc.


Ganahl Lumber Company

Gardener's Supply Company

Garland Industries, Inc.

Gemini Industries, Inc.

Glatfelter Insurance Group

Goettle Construction

Gopher Electronics Company

Granco Clark, Inc.

Great Lakes Orthodontics Ltd.

Griffith Company

H & G Sales, Inc.

Hainje's, Inc.

Haldeman-Homme, Inc.

Hanson Group, Inc.

Harps Food Stores

Haumiller Engineering Company

Hazen Research, Inc.


Hoffman & Hoffman, Inc.

Horizon Bancorp

Houchens Industries, Inc.

Howard's Appliances, Inc.

HPM Building Supply

Insurance Associates, Inc.

ITA Group, Inc.

J. H. Bennett & Company Inc.

J. T. Cullen Company, Inc.

Jackson's Hardware, Inc.

James M. Pleasants Co., Inc.

Jaynes Corporation

John Henry Foster Company

John W. Danforth Co.

Johnson Supply

Jones-Hamilton Co.

Kapco Global

KCI Technologies, Inc.

Keenan Energy Company

Keller, Inc.

Kendall Electric, Inc.

Kerotest Manufacturing Corp.

Kinney Drugs, Inc.

Kriz-Davis Company

Lamp, Rynearson & Associates, Inc.

Lanford Brothers Company, Inc.

LeFiell Manufacturing Company

Leighton Enterprises, Inc.

Lerch Bates Inc.

Lesman Instrument Company

Lester Electrical of Nebraska

Lifetouch, Inc.

Lincoln Bancorp / Lincoln Savings Bank

Liphart Steel Company, Inc.

LSA Associates, Inc.

Lumbermen's, Inc.

M. A. Ford Manufacturing Company, Inc.

Madison Lumber & Hardware, Inc.

Maltby Electric Supply Co. Inc.

Market Contractors, LTD.

Marshall & Sterling Enterprises, Inc.

Martin Brothers Distributors Co., Inc.

Mattern & Craig, Inc.

McBride & Son Companies, Inc.

McCreary Bancshares, Inc.

McFarling Foods Inc.

McGarvin-Moberly Construction Company

McKay Nursery Company

McLean Contracting Company

McNaughton-McKay Electric Company

Medler Electric Company

Melton Machine & Control Company

Messer Construction Co.

Metro Builder Supply

Mid Continental Restoration

Mid South Building Supply, Inc.

Mid-State Consultants, Inc.

Midway Ford Truck Center, Inc.

Modern Group Ltd.

Molin Concrete Products Company

Moretrench American Corporation

Morley Builders

Morrow Insurance Agency, Inc.

Morton Buildings, Inc.

Nasco Industries, Inc.

National Wire & Cable Corporation

NCM Associates, Inc.

Neil H. Daniels, Inc.

New England Biolabs, Inc.

New England Controls

New River Electrical Corporation

Newport Industries, Inc.

NTH Consultants, Ltd.


Organ Supply Industries, Inc.

Oswald Companies

Pacific Steel & Recycling

ParEn, Inc. Dba Park Engineering

Parksite Inc.

Parsons Corporation

Pavement Recycling Systems, Inc.

Penn United Technologies, Inc.

Pennock Company

Pension Works, Inc.


Phelps County Bank

Physical Sciences Inc.

Pioneer Power, Inc.

Plastic Products Company, Inc.

Pleune Service Company

Prime-Line Products Company

Publix Super Markets, Inc.


R. L. Deppmann Company

R. S. Hughes Company, Inc.

Rable Machine

Rapid Line Inc.


Reell Precision Manufacturing Corp.

Rieth-Riley Construction Co., Inc.


RobbJack Corporation

Robert W. Chapman & Co.

Ruffin & Payne, Inc.

Saginaw Bay Underwriters

Sammons Enterprises, Inc.

SC2 Inc.

Scallon Controls, Inc.

Schaedler YESCO

Schenectady Steel Company, Inc.

Scot Forge Company

Scott Insurance

Sea-Land Chemical Company

SECHAN Electronics, Inc.

Selway Corporation

Sentry Equipment Corp.

Shamrock Bancshares, Inc.

Shorr Packaging Corp.


Slakey Brothers

Sletten, Inc.

Sonalysts, Inc.

Southeast Power Systems, Inc.

Spirol International Holding Company

SPS Companies, Inc.

SRC Holdings Corporation

St. Cloud Industrial Products, Inc.

St. John Holdings, Inc.

Staab Construction Corporation

STV Group, Incorporated

Stylmark, Inc.

Sundt Construction, Inc.

Swanson & Youngdale, Inc.

Tap Packaging Solutions

TDIndustries, Inc.

Tecolote Research, Inc

Teichert, Inc.

Telephone Electronics Corporation

Temperature Systems, Inc.

The Beistle Company

The Berlin Steel Construction Company

The Branch Group, Inc.

The Cianbro Companies

The Feingold Companies

The George Sollitt Construction Co.

The Mosser Group

The Okonite Company

The Plastic Forming Company, Inc.

Thompson, Ventulett, Stainback & Associates  Inc. (TVSdesign)

Thomson-Shore, Inc.

Toll Company

Tom Lange Company, Inc.

Trans-Overseas Corp

TriMark Corporation

Trinidad Benham Corp.

Tunnell Consulting, Inc.

Turtle & Hughes, Inc.

Unette Corporation

United States Sugar Corporation

Van Horn, Inc.

Veterinary Service, Inc.

Volkert & Associates, Inc.

WA Insurance Group

Watkins Ross & Company

Web Industries, Inc.

Webb Insurance Agency

West Valley Construction Co., Inc.

Westat, Inc.

Western Building Products, Inc.

Western Potatoes, Inc.

Wheaton Van Lines, Inc.

Woodfold Mfg., Inc.

Xtek, Inc.

Your Building Centers, Inc.

Zandex, Inc.