Draw an accounting fence around the 100% employee-owned coop. Any losses could only come from capital invested or retained earnings (losses to the employees) or from bad credit extended to the coop. It’s true that the latter represents an opportunity for there to be losses that don’t hit the employee owners, but that’s typically only after the company is wiped out, so it’s a “good news, bad news, but mostly bad news” situation if being an LLC is coming into play.

For an on-going operating company, 100% of the gains and losses accrue to the owners (employees in the case of a 100% employee-owned entity). That’s working as intended/designed/desired.