
NEW ERA AT BENCHMARK GROUP, INC.
A&E Firm Announces Employee Stock Ownership Plan
Rogers, Arkansas, January 16, 2025 — Benchmark Group announces its transition to an Employee Stock Ownership Plan (ESOP), which provides a long-term strategy for succession planning by transferring ownership to the next generation. As a member of an ESOP Trust, the company is now 100% employee-owned, allowing its employees to share in the growth and value of Benchmark Group.
President David P. Kimball, P.E., stated, “We are excited for this new chapter in our history. It’s important to ensure the continued growth and success of Benchmark Group, which was founded in 1978 and built by Paul C. Parks, P.E. This benefits not only the future of the company but also every team member.”
The ESOP will provide a retirement benefit for employees by allowing them to benefit from the company’s profits. ESOPs are also shown to provide increased job satisfaction and security, increased productivity, and increased employee retention.
Benchmark Group, Inc. is a full-service Architecture & Engineering design firm licensed in all fifty states, District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Established in 1978, Benchmark is a respected firm providing innovative solutions and exceptional service. Benchmark consists of more than 250 people with headquarters in Rogers, Arkansas, and additional offices in Dallas, TX and Houston, TX. https://teamofchoice.com/