Employee Stock Ownership Program
Proud to be 100% Employee-Owned
The ESOP is a cornerstone of our robust staff benefits package. Employee ownership supports Wall’s person-centered practices, increases staff tenure and commitment, and enhances our culture of “all are leaders.”
Understanding ESOPs
What is an ESOP (Employee Stock Ownership Plan)?
An ESOP holds a company’s stock in a separate trust. A group of trustees manage the plan’s assets and act in the best interests of all ESOP participants. They work with an independent appraiser annually to set the stock value. Stock is given as a benefit of employment, creating a system where the people responsible for the company’s success have a vested interest in its performance.
Employee Ownership
Being an ESOP helps our company thrive.
Employee ownership means staff has a stake in our overall success and in improving the experience of Providers and those we serve.
For Employees
The ESOP is a long-term, wealth-building plan designed to enhance employees’ retirement funds at no cost to the employee. In addition to receiving company stock, staff benefit from the positive teamwork and company culture that an ESOP creates.
For Clients
Increased staff tenure creates greater stability for the individuals we serve. This leads to more consistency in care provided by Registered Behavior Technicians, Therapeutic Consultants, and management teams behind the scenes.
Meet our Owners
Our staff get more than just standard benefits… they become owners!
Our founders built Wall Residences differently from the beginning, focusing on people over profits. Being an ESOP preserves our unique culture and operational approach. Ownership benefits grow over time, encouraging long-term tenure and motivating staff to innovate as we continually improve how we serve our communities.
A Rare Distinction
There are just over 6,500 ESOPs in the United States and fewer than 250 in Virginia. Of those, only 2% are in the Health Care & Social Assistance industry.
Double the Retirement Savings
Research by National Center for Employee Ownership (NCEO) and Employee-Owned S Corporations of America (ESCA) shows that employee owners average more than double the retirement savings of non-ESOP participants. The ESOP Association also reports that employee owners aged 60-64 average ten times more wealth than others in their age group.
Ownership Mindset
Studies show employee owners are twice as likely to report that their company seeks to create opportunities for their communities. While many organizations try to foster an ownership mindset, ESOP partners are true owners. This creates a culture of long-term vision, responsible stewardship of resources, accountability, and initiative.