CA Class A License No. 767055 | CA-DIR 1000004169 • ID: RCE-56388 • ND: 49214 • NV: 0078739 • UT: 11795539-5501 • VA: 2705154065 • WA: 604-625-160

CA Class A License No. 767055 | CA-DIR 1000004169 • ID: RCE-56388 • ND: 49214 • NV: 0078739 • UT: 11795539-5501 • VA: 2705154065 • WA: 604-625-160

EMPLOYEE STOCK OWNERSHIP PLAN

Papich Construction is now 100% employee-owned with the Employee Stock Ownership Plan (ESOP).

EMPLOYEE STOCK OWNERSHIP PLAN

Papich Construction is now 100% employee-owned with the Employee Stock Ownership Plan (ESOP).

EMPLOYEE STOCK OWNERSHIP PLAN

Papich Construction is now 100% employee-owned with the Employee Stock Ownership Plan (ESOP).

An Employee Stock Ownership Plan (ESOP) is a government-sanctioned employee benefit program under U.S. law, governed by the Employee Retirement Income Security Act of 1974 (ERISA). It allows employees to become company owners through a trust that holds company stock on their behalf. Employees can earn shares each year they work for the company. When they retire or leave, the company repurchases their shares at fair market value. 

At Papich Construction, the ESOP aims to strengthen employee commitment and engagement, leading to benefits such as enhanced safety, reduced turnover, better workforce retention, and improved productivity. The company prioritizes education on ESOP benefits for new and existing employees, ensuring they understand how the ESOP works and what it means to be an employee owner.

Long-term, the ESOP fosters a culture of safety, quality, efficiency, and innovation, contributing to company growth and employee financial security. At Papich Construction, we are more than just a team—we are owners working together to build something great. Our ESOP is one way we reward the dedication and hard work of our employees, ensuring they share in the success they help create.

For more information about our ESOP and how it benefits our employees, contact us.

Employees of Papich are Employee Owners!

The papich advantage

Prominent and well-respected reputation

Enjoys an excellent rate of repeat business

Experienced Project Managers with a wealth of construction knowledge

Exceptional productivity due to highly skilled Equipment Operators and Laborers

An Employee Stock Ownership Plan (ESOP) is a government-sanctioned employee benefit program under U.S. law, governed by the Employee Retirement Income Security Act of 1974 (ERISA). It allows employees to become company owners through a trust that holds company stock on their behalf. Employees can earn shares each year they work for the company. When they retire or leave, the company repurchases their shares at fair market value. 

At Papich Construction, the ESOP aims to strengthen employee commitment and engagement, leading to benefits such as enhanced safety, reduced turnover, better workforce retention, and improved productivity. The company prioritizes education on ESOP benefits for new and existing employees, ensuring they understand how the ESOP works and what it means to be an employee owner.

Long-term, the ESOP fosters a culture of safety, quality, efficiency, and innovation, contributing to company growth and employee financial security. At Papich Construction, we are more than just a team—we are owners working together to build something great. Our ESOP is one way we reward the dedication and hard work of our employees, ensuring they share in the success they help create.

For more information about our ESOP and how it benefits our employees, contact us.

Employees of Papich are Employee Owners!

The papich advantage

Prominent and well-respected reputation

Enjoys an excellent rate of repeat business

Experienced Project Managers with a wealth of construction knowledge

Exceptional productivity due to highly skilled Equipment Operators and Laborers

An Employee Stock Ownership Plan (ESOP) is a government-sanctioned employee benefit program under U.S. law, governed by the Employee Retirement Income Security Act of 1974 (ERISA). It allows employees to become company owners through a trust that holds company stock on their behalf. Employees can earn shares each year they work for the company. When they retire or leave, the company repurchases their shares at fair market value. 

At Papich Construction, the ESOP aims to strengthen employee commitment and engagement, leading to benefits such as enhanced safety, reduced turnover, better workforce retention, and improved productivity. The company prioritizes education on ESOP benefits for new and existing employees, ensuring they understand how the ESOP works and what it means to be an employee owner.

Long-term, the ESOP fosters a culture of safety, quality, efficiency, and innovation, contributing to company growth and employee financial security. At Papich Construction, we are more than just a team—we are owners working together to build something great. Our ESOP is one way we reward the dedication and hard work of our employees, ensuring they share in the success they help create.

For more information about our ESOP and how it benefits our employees, contact us.

Employees of Papich are Employee Owners!

The papich advantage

Prominent and well-respected reputation

Enjoys an excellent rate of repeat business

Experienced Project Managers with a wealth of construction knowledge

Exceptional productivity due to highly skilled Equipment Operators and Laborers

An Employee Stock Ownership Plan (ESOP) is a government-sanctioned employee benefit program under U.S. law, governed by the Employee Retirement Income Security Act of 1974 (ERISA). It allows employees to become company owners through a trust that holds company stock on their behalf. Employees can earn shares each year they work for the company. When they retire or leave, the company repurchases their shares at fair market value. 

At Papich Construction, the ESOP aims to strengthen employee commitment and engagement, leading to benefits such as enhanced safety, reduced turnover, better workforce retention, and improved productivity. The company prioritizes education on ESOP benefits for new and existing employees, ensuring they understand how the ESOP works and what it means to be an employee owner.

Long-term, the ESOP fosters a culture of safety, quality, efficiency, and innovation, contributing to company growth and employee financial security. At Papich Construction, we are more than just a team—we are owners working together to build something great. Our ESOP is one way we reward the dedication and hard work of our employees, ensuring they share in the success they help create.

For more information about our ESOP and how it benefits our employees, contact us.

Employees of Papich are Employee Owners!

The papich advantage

Prominent and well-respected reputation

Enjoys an excellent rate of repeat business

Experienced Project Managers with a wealth of construction knowledge

Exceptional productivity due to highly skilled Equipment Operators and Laborers

ESOp CALCULATOR

Your ESOP Account$832,188
Total Employer Contribution$285,455
Total Appreciation$546,733

Yearly Breakdown

$39,674
Year 1:Contribution: $6,000 | Appreciation: $39,674
25
Year 2:Contribution: $6,180 | Appreciation: $37,786
.
Year 3:Contribution: $6,365 | Appreciation: $35,955
.
Year 4:Contribution: $6,556 | Appreciation: $34,182
.
Year 5:Contribution: $6,753 | Appreciation: $32,464
.
Year 6:Contribution: $6,956 | Appreciation: $30,797
.
Year 7:Contribution: $7,164 | Appreciation: $29,174
.
Year 8:Contribution: $7,379 | Appreciation: $27,601
.
Year 9:Contribution: $7,601 | Appreciation: $26,074
.
Year 10:Contribution: $7,829 | Appreciation: $24,587
.
Year 11:Contribution: $8,063 | Appreciation: $23,138
.
Year 12:Contribution: $8,305 | Appreciation: $21,730
.
Year 13:Contribution: $8,555 | Appreciation: $20,360
.
Year 14:Contribution: $8,811 | Appreciation: $19,021
.
Year 15:Contribution: $9,076 | Appreciation: $17,718
.
Year 16:Contribution: $9,348 | Appreciation: $16,443
.
Year 17:Contribution: $9,628 | Appreciation: $15,198
.
Year 18:Contribution: $9,917 | Appreciation: $13,981
.
Year 19:Contribution: $10,215 | Appreciation: $12,791
.
Year 20:Contribution: $10,521 | Appreciation: $11,624
.
Year 21:Contribution: $10,837 | Appreciation: $10,481
.
Year 22:Contribution: $11,162 | Appreciation: $9,359
.
Year 23:Contribution: $11,497 | Appreciation: $8,257
.
Year 24:Contribution: $11,842 | Appreciation: $7,174
.
Year 25:Contribution: $12,197 | Appreciation: $6,107
.
Year 26:Contribution: $12,563 | Appreciation: $5,057
.
Year 27:Contribution: $12,940 | Appreciation: $4,022
.
Year 28:Contribution: $13,328 | Appreciation: $2,999
.
Year 29:Contribution: $13,728 | Appreciation: $1,989
.
Year 30:Contribution: $14,139 | Appreciation: $990
54
  • Appreciation by Year
  • Yearly Employer Contribution
Your ESOP Account$832,188
Total Employer Contribution$285,455
Total Appreciation$546,733

Yearly Breakdown

$39,674
Year 1:Contribution: $6,000 | Appreciation: $39,674
25
Year 2:Contribution: $6,180 | Appreciation: $37,786
.
Year 3:Contribution: $6,365 | Appreciation: $35,955
.
Year 4:Contribution: $6,556 | Appreciation: $34,182
.
Year 5:Contribution: $6,753 | Appreciation: $32,464
.
Year 6:Contribution: $6,956 | Appreciation: $30,797
.
Year 7:Contribution: $7,164 | Appreciation: $29,174
.
Year 8:Contribution: $7,379 | Appreciation: $27,601
.
Year 9:Contribution: $7,601 | Appreciation: $26,074
.
Year 10:Contribution: $7,829 | Appreciation: $24,587
.
Year 11:Contribution: $8,063 | Appreciation: $23,138
.
Year 12:Contribution: $8,305 | Appreciation: $21,730
.
Year 13:Contribution: $8,555 | Appreciation: $20,360
.
Year 14:Contribution: $8,811 | Appreciation: $19,021
.
Year 15:Contribution: $9,076 | Appreciation: $17,718
.
Year 16:Contribution: $9,348 | Appreciation: $16,443
.
Year 17:Contribution: $9,628 | Appreciation: $15,198
.
Year 18:Contribution: $9,917 | Appreciation: $13,981
.
Year 19:Contribution: $10,215 | Appreciation: $12,791
.
Year 20:Contribution: $10,521 | Appreciation: $11,624
.
Year 21:Contribution: $10,837 | Appreciation: $10,481
.
Year 22:Contribution: $11,162 | Appreciation: $9,359
.
Year 23:Contribution: $11,497 | Appreciation: $8,257
.
Year 24:Contribution: $11,842 | Appreciation: $7,174
.
Year 25:Contribution: $12,197 | Appreciation: $6,107
.
Year 26:Contribution: $12,563 | Appreciation: $5,057
.
Year 27:Contribution: $12,940 | Appreciation: $4,022
.
Year 28:Contribution: $13,328 | Appreciation: $2,999
.
Year 29:Contribution: $13,728 | Appreciation: $1,989
.
Year 30:Contribution: $14,139 | Appreciation: $990
54
  • Appreciation by Year
  • Yearly Employer Contribution
Your ESOP Account$832,188
Total Employer Contribution$285,455
Total Appreciation$546,733

Yearly Breakdown

$39,674
Year 1:Contribution: $6,000 | Appreciation: $39,674
25
Year 2:Contribution: $6,180 | Appreciation: $37,786
.
Year 3:Contribution: $6,365 | Appreciation: $35,955
.
Year 4:Contribution: $6,556 | Appreciation: $34,182
.
Year 5:Contribution: $6,753 | Appreciation: $32,464
.
Year 6:Contribution: $6,956 | Appreciation: $30,797
.
Year 7:Contribution: $7,164 | Appreciation: $29,174
.
Year 8:Contribution: $7,379 | Appreciation: $27,601
.
Year 9:Contribution: $7,601 | Appreciation: $26,074
.
Year 10:Contribution: $7,829 | Appreciation: $24,587
.
Year 11:Contribution: $8,063 | Appreciation: $23,138
.
Year 12:Contribution: $8,305 | Appreciation: $21,730
.
Year 13:Contribution: $8,555 | Appreciation: $20,360
.
Year 14:Contribution: $8,811 | Appreciation: $19,021
.
Year 15:Contribution: $9,076 | Appreciation: $17,718
.
Year 16:Contribution: $9,348 | Appreciation: $16,443
.
Year 17:Contribution: $9,628 | Appreciation: $15,198
.
Year 18:Contribution: $9,917 | Appreciation: $13,981
.
Year 19:Contribution: $10,215 | Appreciation: $12,791
.
Year 20:Contribution: $10,521 | Appreciation: $11,624
.
Year 21:Contribution: $10,837 | Appreciation: $10,481
.
Year 22:Contribution: $11,162 | Appreciation: $9,359
.
Year 23:Contribution: $11,497 | Appreciation: $8,257
.
Year 24:Contribution: $11,842 | Appreciation: $7,174
.
Year 25:Contribution: $12,197 | Appreciation: $6,107
.
Year 26:Contribution: $12,563 | Appreciation: $5,057
.
Year 27:Contribution: $12,940 | Appreciation: $4,022
.
Year 28:Contribution: $13,328 | Appreciation: $2,999
.
Year 29:Contribution: $13,728 | Appreciation: $1,989
.
Year 30:Contribution: $14,139 | Appreciation: $990
54
  • Appreciation by Year
  • Yearly Employer Contribution

The Company contributes a percentage of your eligible compensation to your ESOP account each year. Results include an average annual employer contribution of 15%.
Note: employer contribution is subject to change.

Results include a 3% yearly pay increase figured into subsequent years. Note: there is no guarantee of a yearly pay increase.

Rate of Return

Edit Rate of Return field to test various scenarios, depending upon the following historic averages:

• 0-15%: Likely
• 15-25%: Somewhat likely
• 25-40%: We wish! But, not likely

ESOP Results

*These results are based on averages and figures entered. Future stock values are not guaranteed.

Papich Construction Co. Inc.

398 Sunrise Terrace

Arroyo Grande, CA 93420

© 2023 Papich Construction Co. Inc.

CA Class A License No. 767055 | CA-DIR 1000004169 • ID: RCE-56388 • ND: 49214 • NV: 0078739 • UT: 11795539-5501 • VA: 2705154065 • WA: 604-625-160

Papich Construction Co. Inc.

398 Sunrise Terrace

Arroyo Grande, CA 93420

© 2023 Papich Construction Co. Inc.

CA Class A License No. 767055 | CA-DIR 1000004169 • ID: RCE-56388 • ND: 49214 • NV: 0078739 • UT: 11795539-5501 • VA: 2705154065 • WA: 604-625-160

Papich Construction Co. Inc.

398 Sunrise Terrace

Arroyo Grande, CA 93420

© 2023 Papich Construction Co. Inc.

CA Class A License No. 767055 | CA-DIR 1000004169
ID: RCE-56388 • ND: 49214 • NV: 0078739
UT: 11795539-5501 • VA: 2705154065 • WA: 604-625-160

Papich Construction Co. Inc.

398 Sunrise Terrace

Arroyo Grande, CA 93420

© 2023 Papich Construction Co. Inc.

CA Class A License No. 767055 | CA-DIR 1000004169 • ID: RCE-56388 • ND: 49214 • NV: 0078739 • UT: 11795539-5501 • VA: 2705154065 • WA: 604-625-160