money tree.png

Growing Together

The Lighthouse is Proud to be Employee Owned
ESOP established 2019


Piggy bank.png

Saving Together 

What does that even mean?

Stands for: Employee Stock Ownership Plan

$ ESOP is a FREE retirement plan.


How can I increase my ESOP return?

$ Your ESOP will accrue shares over time and will be paid out when you leave the Lighthouse in accordance with the payout schedule contained in your Summary Plan Description.

$ The longer you work here, the more shares you have.

$ The more profitable the Lighthouse is, the more your shares are worth.

$Bring ideas to management on ways to cut costs or ways to improve efficiency.



How long before I start seeing returns?

$ After 1,000 hours of service with the Lighthouse you are enrolled.

$ This is an investment that grows over time and is new to the Lighthouse. Other ESOP companies have reported that they started seeing bigger gains after roughly 5 years in the program.



*Fun Fact:

$ Companies with ESOPs and other broad-based employee ownership plans account for well over half of Fortune Magazine's "100 Best Companies to Work for in America" list year after year.

Detailed information about ESOP!

Gray Lighthouse National Maritime Day Social Media Graphic (1).png

E$OP Committee Members:

$Brant Wilson,

$Jessica Stark,

$Jacquelyn Davis,

$Roxanne Groosbeck,

$Lisa Hodgkinson,

$Brenda Pomeroy,

$April Schultz,

$Laura Deemer,