Employee Ownership
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What Is an ESOP?
An Employee Stock Ownership Plan (ESOP) is a company-sponsored retirement benefit that gives employees an ownership stake in the business they help build. Rather than outside investors or shareholders holding the value of a company, that value is shared with the people doing the work. Employees accumulate shares over time at no personal cost, building retirement wealth tied directly to the company’s success.
We Are an Employee-Owned Company
Benoure Plumbing, Heating & Air Conditioning is proud to be an ESOP company, meaning every eligible team member is also an owner. This structure reflects our commitment to the people who make our work possible — rewarding dedication, encouraging long-term thinking, and securing financial futures for our workforce and their families.
Ownership That Gets Noticed
Staff from Senator Peter Welch’s (D-VT) office and the U.S. Small Business Administration recently visited our South Burlington, Vermont facility. Benoure is a member of ESCA and an Empowered Ventures company. For 60 years, we have served Vermont as the state’s largest plumbing, heating, and air conditioning contractor, building community, supporting livelihoods, and delivering long-term retirement security through employee ownership.
One Year In: How Employee Ownership Changed Everything at Benoure
When Benoure employees learned the company had been acquired in April 2024, the news was met with uncertainty. One year later, that uncertainty has turned into something much different. Watch the mini-documentary below to hear directly from the Benoure team about what...
Benoure Joins Empowered Ventures as an Employee-Owned Company
Benoure Plumbing, Heating & Air Conditioning has exciting news to share. In April 2024, Benoure became part of Empowered Ventures, an employee-owned holding company — meaning our team didn't just gain a new parent company, they gained ownership stakes in it. Read...