|Number of Employee Stock Ownership Plans (ESOPs), Total
Participants, Active Participants, Assets, Contributions, and
by type of ESOP, 1994
|Type of Plan||Number of Plans1/||Total Participants (thousands)||Active Participants (thousands)||Total Assets (millions)||Total Contributions (millions)2/||Total Benefits (millions)3/|
| 1/Excludes plans
covering only one participant.
2/Includes both employer and employee contributions.
3/Amounts shown include both benefits paid directly from trust and premium payments made by plans to insurance carriers. Amounts exclude benefits made directly by insurance carriers.
NOTES: A leveraged ESOP is one wherein loans are made to the ESOP in order to acquire employer stock or to refinance a prior ESOP loan with the backing of the sponsoring company's credit. The stock is placed in a suspense account and is allocated to employee accounts as the loan is paid. A nonleveraged ESOP does not acquire loans for the funding of stock allocation to employee accounts.
SOURCE: Form 5500 series reports filed with the Internal Revenue Service for 1994 plan years.
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