Newberry Group is one of the only employee-owned IT firms in the United States, they are motivated to create a “Signature IT Experience” with every client. As Newberry Employee Owners (N.E.O.s), they bring ethical behavior, professional excellence, and uncompromised integrity to achieve client, individual, and corporate goals.
Since 1996, Newberry Group has been meeting client needs within the Defense, Civil, Intelligence, and Commercial business communities. They understand their clients and are committed to exceeding expectations for quality, responsiveness, and technological innovation.
Newberry is among a small minority of employee-owned companies. However, Newberry is extremely rare due to the fact that no financial investment is required on the part of our employees to obtain the benefits of ownership. Their company stock is not purchased, but instead is equitably allocated to their employees and is managed through an Employee Stock Ownership Plan (ESOP).
Newberry’s Employee Stock Ownership Plan (ESOP) is part of their total retirement package, in addition to their 401K. The Internal Revenue Service (IRS) recognizes the ESOP as a legal qualified plan or a defined contribution employee benefit plan. Shares are deposited into employee accounts based on a prescribed formula applied to all employees equally and share value is determined by an annual independent evaluation.