It’s worth noting that ESOPs already embrace the idea of diversification in that they allow employee owners aged 55 and older who have participated in the ESOP for at least 10 years to diversify up to 25% of their company stock. When they hit age 60 and beyond, they can then further diversify that stock up to 50%.
Read more at Are Employee-Owned Companies The Best Investment Around? – Forbes
Check out this list — Employee Ownership 100: America’s largest Majority Employee Owned Companies Act Now