At AECO, we believe in more than just a paycheck.
Since 1974, we’ve been an employee-owned company (ESOP), which means our qualified employees are all owners with a stake in our success.
As an employee-owner, you’ll directly benefit from the company’s growth and profitability, and together we’re working towards a shared goal:
“Enabling our employee owners to enjoy retirement with an equal or better standard of living than they had while working.”
Today, we’re proud to be counted among over 6,300 companies with employee stock ownership plans (ESOPs) in the United States. These companies have more than 14.7 million participants and hold $2.1 trillion in assets (as tabulated by the National Center for Employee Ownership).
Get more than a paycheck by working at AECO:
As an AECO employee-owner, you receive:
Ownership
You'll get company stock in your ESOP account each year, at no cost, based on a combination of hours worked, years of service, and compensation. The value of your account grows with the company's stock price.
Wealth-Building Potential
Studies show employee-owners have significantly larger retirement savings compared to those with just 401(k) plans – more than double!
Shared Success
Your dedication and hard work directly impact the company's success, which translates to a greater return on your ESOP investment.
A Committed and Loyal Team
We believe employee ownership fosters a more engaged and dedicated workforce. Engaged employees lead to a more attractive work environment, happy customers and a thriving community.
How the ESOP Works
Annual Stock Allocation
You'll receive company stock based on company profits and your contributions.
Vesting
After six years, you're fully vested, meaning you own all the stock in your account, even if you leave. Before six years, you'll receive a portion based on your tenure.
Retirement Benefit
Your ESOP account is intended for retirement, providing a significant financial boost to your golden years.
Be Part of Something Bigger
As an employee-owner, you play a vital role in AECO’s success. Your contributions to growth, operations, and customer satisfaction directly impact your own financial well-being and the company’s future.
Join AECO and become an owner in your future. Explore our career opportunities today! Together, let’s build a future where a fulfilling retirement is a reality for all employee-owners.
