Jasper Holdings, Inc. (JHI), the nation’s 23rd largest Employee Stock Ownership Plan (ESOP), has announced a new all-time record share value for 2025, reflecting strong company performance and market conditions.
Chairman and CEO Doug Bawel said the ESOP share price increased to $1,515.93 per share, up $220.78 from the prior year. He also noted the company’s ESOP has grown significantly since its inception in 2009, with a market value of nearly $2.2 billion.
JHI Associate-Owners receive an annual ESOP contribution of approximately 15% of eligible compensation in the form of new shares.
According to the company, JHI currently has 3,436 active Associate-Owner shareholders and has distributed more than $890 million in stock value since the ESOP began. The company stated it has paid $147.6 million to participants who have retired, left the company, or elected the plan’s stock diversification option.
JHI reported that 55% of Associate-Owners hold more than $50,000 in ESOP stock, 40% hold more than $100,000, and 26% hold more than $200,000.
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