Sundt: Employee Stock Ownership Plan

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Sundt established an Employee Stock Ownership Plan (ESOP) as a way to bring a heightened sense of dedication and commitment among company employees, and to create the next generation of company owners. An ESOP company is different from traditional types of corporate ownership in that it is owned in whole or in part by its employees through its ESOP trust, and each employee shares in the profits and success of the company. Sundt is 100 percent employee owned. When all think and act like owners, everyone holds each other accountable and great things happen. The ESOP is just one of many employee benefits at Sundt.