According to a Department of Labor report to the US Congress:

«Employee ownership exists in all states of the country, with ESOPs being the most widespread form. Worker cooperatives and employee ownership trusts, although few, are being formed at a faster rate. Over the past half-century, the number of ESOPs increased from a few hundred in 1975 to 6,525 plans in 2023. (3) According to data from Form 5500 filed for plan years ending in 2023 (the latest available), these plans cover more than 15 million participants and hold assets estimated at $2 trillion (including company stock and other retirement plan assets). Large ESOPs (those with 100 or more participants) generated direct benefit payments of $160.6 billion in 2023.»