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Define Ownership with employee input words LARGER

What does it mean to be "employee-owned"?

Just what it says — that our employees are the owners of KE&G Construction. All full-time employees have a direct path to ownership of company stock at no cost to them. 100% of our stock is held by employees and that sets us apart (only about 1 out of 200 businesses in America can say that).

The Difference

Our Story

KE&G ESOP is a company funded retirement plan that purchases KE&G Construction, Inc. stock for eligible employees at NO cost to the employees. In 2006 the KE&G ESOP was formed, and the KE&G Owners sold 49% ownership of KE&G’s capital stock to the KE&G ESOP. This purchase was made possible with a contribution of approximately 45% of the purchase price and a loan from KE&G Construction, Inc. to the KE&G ESOP. The contribution was a gift to the ESOP from the company, and the first loan was repaid from the ESOP’s share of company profits in 2014. In June 2014, the company purchased the remaining 51% of stock from the original owners who retired in 2014. This loan was repaid by KE&G in May 2017. We are now a 100% employee owned company.

Long-term wealth building

Employee ownership is about long-term wealth building. We can’t make you rich overnight, but if you make a commitment to KE&G, employee ownership ensures that our success is your success. Though the future is uncertain, this graph shows a possible outcome for an employee with what management believes are reasonable assumptions about our future performance. We can’t promise these results, but we can offer you what is possible.

Assumptions:

Salary = $40,000

Balance as of 12/31/19 = $0

Current Age = 35

Annual Company Contribution = 10%

2019 Contribution = 18%

No salary change

401K Annual Contribution = 3%

401K Rate of Return = 3%

DISCLAIMER - This infographic is solely for illustrative purposes and should not be relied upon in any way and should not be legal, financial, tax, or other professional advice. KE&G does not promise or guarantee the accuracy of the results or the relevance of their specific circumstances.

Employee Ownership F.A.Q.

advantage

Employee ownership closes the loop between the company’s success and your financial success. As an employee, you contribute your ideas, effort, and teamwork. Your work, combined with the work of your fellow employee owners, drives better company performance. This increases the value of our business, which flows back to you as an owner in the form of shares and ultimately dollars in the bank.

Our Vesting Schedule

Vesting

Employee Ownership NEWS

2015 Toys for Tots Toy Drive

December 4, 2015

Thank you KE&G employees and their families for volunteering your time, to Empire CAT for the use of their Loader, to Border Traffic Safety for the safety fence, to  Dana Kepner…

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ESOP Committee is Looking for Employee Volunteers

October 15, 2015

Now that the weather is starting to cool down a little bit, October brings us around to another community project for KE&G. As many of you know KE&G has adopted a…

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2015 Family Day Picnic

February 24, 2015

Beginning stages of planning KE&G’s Annual Family Day Picnic is in full swing. Employees should be receiving their registration form with their paychecks soon. You don’t want to miss it!…

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Help Fill the Loader Bucket

December 8, 2014

KE&G has officially kicked off their “Fill the Loader Bucket” campaign this past weekend at the Toys R Us on Oracle Road. Empire CAT has allowed us to borrow their loader to…

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Play KE&G Employee Ownership JEOPARDY

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2020 Employee Ownership Month Photos