Proud to be 100% employee owned
About DRM’s Employee Stock Ownership Plan
Open to Every Employee
DRM Diversafab is proud to be a 100% employee-owned company.
Our Employee Stock Ownership Plan (ESOP) is open to every employee, allowing them to own shares of company stock in a retirement account and become employee-owners.
Over time, shares grow in number and value as the business grows and experiences success. Upon retirement, or if an employee leaves the company before that, they can sell their shares back to the company for a distribution.
Our ESOP gives our employees an additional retirement savings benefit (we also offer a 401K) and promotes an ownership culture where we all succeed together.
Employee-Ownership Culture + Why It Matters To Our Customers
DRM Diversafab is proud to be a 100% employee-owned company. Our Employee Stock Ownership Plan (ESOP) is open to every employee, allowing them to own shares of company stock in a retirement account and become employee-owners.
- Always strive for success
- Innovate and problem-solve
- Take pride in their work
- Develop a sense of ownership and pride in our customers’ businesses
Non-ESOP vs. ESOP Comparison
Employee Ownership Program FAQs
I’ve never heard of an ESOP? What is it?
An ESOP is a type of retirement account that is 100% sponsored by the employer. Employees are awarded company stock shares annually where the investment grows tax-free until distribution.
How long do I have to wait to access the funds in my account?
We do have a vesting period of 3 years. After that, you can seek a distribution if you leave the company or retire.
What if I want to add to my ESOP account? Can I buy shares on my own?
No. The ESOP is funded entirely by your employer. We do offer a 401K with a match that you can participate in if you want to save more for retirement.
How can I improve the ESOP value?
Employees can improve the ESOP value just like an owner might to their own company: being dedicated to customer service, making improvements in time management, reducing expenses and waste, and making improvements in risk management, to name a few.
Who can participate in an ESOP?
Our ESOP is open to every employee in the company. And is available at no cost to them.
When can I withdraw funds from my ESOP account?
Your ESOP account is a retirement benefit. You will be eligible to make withdrawals after age 65.
How much does the ESOP cost to the employee?
Nothing! The ESOP is 100% sponsored by the employer.
Work at Centri Precleaners
Centri Precleaners is hiring! We offer competitive pay, great benefits, and the opportunity to be an employee-owner through our employee stock ownership program. Learn more about working at Centri Precleaners by visiting our Careers page.