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WinCo Foods is proud to be employee owned! 

One of the benefits of working with WinCo Foods is our Employee Stock Ownership Program Each employee becomes a participant in this program after:

1.       Working with the company for 6 months

2.      Reaching 19 years of age

3.      Accumulating 500 hours with the company

The ESOP involves a contribution of company stock to each employee’s account based on total wages earned during the year.  The formula changes year to year, however in 2003 eligible employees received contributions of stock into their ESOP retirement accounts worth 25% of their total pay for the year.  WinCo’s ESOP never involves contributions from the employees; all contributions are entirely made by the company. 

How are shares appraised?

Unlike a publicly traded stock whose value is determined on the open market, the per share value of WinCo's stock is appraised annually by an independent valuation firm selected by WinCo's ESOP trustee. ESOP stock values have averaged increases of 21.2% compounded annually since 1985.  That means an employee who received a company contribution of $5,000 worth of stock in 1985 now has stock worth $234,000 from that one year alone.

 

At WinCo Foods, employees enjoy industry competitive wages and the appreciation of capital that comes with company ownership!

         

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