What is an ESOP?

In 1975, Carl Warren became an entirely employee-owned corporation using an Employee Stock Ownership Plan (ESOP). Our ESOP now owns 100% of the Company.

Our ESOP

Carl Warren offers our employees the ESOP to supplement their retirement income.  Employee-owners are eligible to participate in this plan after one year of employment.  The ESOP is a 100% company-funded plan.  As employee-owners, we have a greater stake in the company and a greater opportunity to reap the rewards of capital ownership.  This means that managing the business is a shared responsibility by all employee-owners.  Learn More.

 

How Do ESOPs Work?

Every employee who meets certain basis eligibility requirements has an account in the ESOP trust automatically set up for them. Each year, Carl Warren may contribute to the ESOP in cash or shares. Shares that are purchased (or paid for) are then added to participants’ accounts, either as a uniform percent of pay or as earnings on shares previously allocated. On retirement, death, or disability, employees are entitled to receive the cash value of their vested shares. ESOP’s allow employees to share directly in the success they are helping to create.

 

This Is What Our Employee-Owners Are Saying…

Tina Martinez
Carrier Coordinator / Carl Warren & Company

I love that Carl Warren gives back to our communities.

I love that Carl Warren gives back to our communities.  I enjoy knowing we are making a difference in the world; big or small.

Richard McAbee
Chief Marketing Officer / Carl Warren & Company

Employee-owners that are committed to going the extra mile.

A large part of our client's loyalty is because of our dedicated employee-owners that are committed to going the extra mile.

Karen Ho
Sales & Marketing Associate / Carl Warren & Company

What I do, contributes to the success of Carl Warren.

Being in an employee-owned company enables me to go the extra mile because what I do, contributes to the success of Carl Warren.  

Claims Supervisor / Carl Warren & Company

Your job is an important part of the big picture.

Being a part of an ESOP Company means that every employee matters and you know that your job is an important part of the big picture.

Claims Examiner / Carl Warren & Company

What we accomplish daily will pay off in the long-run.

I take pride in knowing that what we accomplish daily will pay off in the long-run and that excites me.

 


ESOP Sources/Websites

– National Center for Employee Ownership (NCEO)

The ESOP Association

– California-Western States Chapter


Our Employee-Owners

Employee-Ownership Spirit!

Tustin, CA Employee-Owners

Riverside, CA Employee-Owner

Concord, CA Employee-Owners

Riverside, CA Employee-Owners

 

 

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