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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.

Meet Emily Tadlock, Our Director Of Communications At Sargent
Meet Emily Tadlock, Our Director Of Communications At Sargent

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 working 900 hours in a calendar year, 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

Percentage of Compensation

The board of directors of SC Holdings has decreed that each year Sargent must target an ESOP benefit of 12%, at minimum, to its employee-owners.
Two Of Our Crew On Overseeing Project Site
Two Of Our Crew On Overseeing Project Site
Employee-Owner Quotes
Travis Fernald
Meet Travis Fernald, One Of Employee-owned At Sargent Meet Travis Fernald, One Of Employee-owned At Sargent
"I think becoming an employee-owned company has been a huge benefit to all, including higher profitability. It’s a great feeling."
Meet Allyson Dougherty-kill, One Of Employee-owner At Sargent Meet Allyson Dougherty-kill, One Of Employee-owner At Sargent
"As an employee-owner I am part of the Sargent family. And when it comes to crunch time, we are definitely a united team!"
Meet Neal Merrill, One Of Employee-owned At Sargent Meet Neal Merrill, One Of Employee-owned At Sargent
“To me, employee-ownership means responsibility. Everything is ours, in essence and it's ours to take care of and maintain and look forward to making it bigger and better.”
"Every one of us are owners. We are obligated to each other to execute safely and productively. Make the best of every opportunity available to us."