Commonwealth Holdings
Construction (Heavy & Commercial)
Commonwealth Electric Company is a 100% employee-owned company in the electrical industry headquartered in Lincoln, Nebraska. Founded in 1987, their commitment to excellence has guided them through varying economic climates, evolving technology, and dynamic industry standards. Their expertise lies in both large and small-scale commercial and industrial electrical projects, complemented by a suite of services including 24/7 support, design and build assistance, and pre-fabrication. Commonwealth Electric stands as a leading Midwest and Southwest electrical contractor with over 1,000 employee owners across multiple locations throughout Arizona, Iowa, Nebraska, and Utah.
In 2014 Commonwealth Electric Company became employee-owned when they implemented an Employee Stock Ownership Plan (ESOP). Being 100% employee-owned is integral to their company culture, with the ESOP enabling eligible employees to participate in a qualified, defined-contribution benefit plan alongside their 401K. Every member of Commonwealth Electric is an owner, reinforcing a culture of shared responsibility, mutual respect, and a collective dedication to advancing and enhancing the company. This participatory approach has led to heightened productivity, marketplace prominence, employee retention, and a profound sense of pride in their ownership in their work. They are unwavering in their commitment to excellence, while also recognizing the value of a vibrant, inclusive work environment that promotes learning, growth, and career advancement for all.
Commonwealth Holdings is an employee-owned company headquartered in Lincoln, Nebraska.
Commonwealth Holdings is an employee-owned company.
While they are not certified, based on Department of Labor 5500 fillings and other third-party data sources, we believe their ESOP meets our standards of significant and broad-based employee ownership.
While they are not certified, based third-party data sources, we believe their Worker Cooperative meets our standards of significant and broad-based employee ownership.
While they are not certified, based third-party data sources, we believe their Employee Ownership Trust meets our standards of significant and broad-based employee ownership.
While they are not certified, we believe they meet our standards of significant and broad-based employee ownership.