ESOP · DOL Form 5500 · 2022

Cyl-Tec, Inc. ESOP

Data updated 2026-08-25

$20M
Total assets Small plan by assets
44
Participants Small participant base
77th
Percentile by assets National rank
$456,368
Avg per participant High balance/head
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Official DOL plan name: Cyl-Tec, Inc. Employee Stock Ownership Plan · Sponsored by Cyl-Tec, Inc. · Illinois · Utilities

$20M in assets, 44 participants

Cyl-Tec, Inc.'s Cyl-Tec, Inc. Employee Stock Ownership Plan reported $20M in total assets and 44 participants in its 2022 DOL Form 5500 filing, ranking in the 77th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #292 in Utilities (738 peers)

Utilities sector rank

Within Utilities, Cyl-Tec, Inc. Employee Stock Ownership Plan ranks #292 of 738 2022 filers by assets (2674% of the sector average)-$20M for 44 participants.

#292
in Utilities (738 peers)
+898.3%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Cyl-Tec, Inc. Employee Stock Ownership Plan's outsized position by total assets

Cyl-Tec, Inc. Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$20,080,170 Top 23% higher than 77% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Cyl-Tec, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Cyl-Tec, Inc. Employee Stock Ownership Plan is a small filing (44 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 363757508 · Cyl-Tec, Inc. PY 2022 · ESOP

Cyl-Tec, Inc. Employee Stock Ownership Plan · $20M · 44 · 77th

  • PHOTO $20M
  • IND 44
  • EOY 77th
  • 5500 ESOP
  • ASSETS near Rei Systems, Inc. Employee Stock Ownership Plan
  • PCT ind #292

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with What is an ESOP? → · Plans in Illinois →

Cyl-Tec, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Bestcare, Inc. Employee Stock Ownership PlanBestcare, Inc. Employee Stoc…$20MKennie's Markets, Inc. Employee Stock Ownership PlanKennie's Markets, Inc. Emplo…$20MLancaster Colony Corporation Employee Stock Ownership PlanLancaster Colony Corporation…$20MCyl-Tec, Inc. Employee Stock Ownership PlanCyl-Tec, Inc. Employee Stock…$20MRei Systems, Inc. Employee Stock Ownership PlanRei Systems, Inc. Employee S…$20M
End-of-year total assets ($M) among Cyl-Tec, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Utilities filing particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$18M
Net Income$18M
Employer EIN363757508
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cyl-Tec, Inc.)

Sponsor-wide plan assets over time

All Cyl-Tec, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$53M 162.34883967615812% vs 2022
2024 filing year
$10M$20M$30M$40M$50M$60M 202220232024 $20.1M $52.7M ▲ +162.4%
Year Plans Participants Total Assets
2022 1 44 $20M
2023 1 39 $37M
2024 1 48 $53M

Nearby ESOP Plans in Illinois

Peer ESOP plans, same state, same plan type, ranked by total assets.

Cyl-Tec, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -101234 Total assets ($B) Participants Cyl-Tec, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.02008017 · Participants: 44Cyl-Tec, Inc. Employee Stock Ownership PlanAmsted Industries Incorporated Employees' Stock Ownership Plan, Total assets ($B): 3.751765578 · Participants: 4361Amsted Industries Incorporated Employees' Stock Ownership PlanOri 401(k) Savings and Profit Sharing Plan, Total assets ($B): 1.70457972 · Participants: 10023Ori 401(k) Savings and Profit Sharing PlanKehe Distributors, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.163229548 · Participants: 3905Kehe Distributors, Inc. Employee Stock Ownership PlanScot Forge Company Employee Stock Ownership Plan, Total assets ($B): 0.970067277 · Participants: 495Scot Forge Company Employee Stock Ownership PlanRli Corp. Employee Stock Ownership Plan, Total assets ($B): 0.341695997 · Participants: 826Rli Corp. Employee Stock Ownership Plan
Cyl-Tec, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants

Cyl-Tec, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Illinois, the nearest ESOP by assets is Rei Systems, Inc. Employee Stock Ownership Plan in VA ($20M); by covered participants it is Probank Austin Employee Stock Ownership Plan and Trust in KY (44 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Cyl-Tec, Inc. Employee Stock Ownership Plan assets move in 2022?
Cyl-Tec, Inc. Employee Stock Ownership Plan surged - up 898.3% during 2022, from $2M to $20M. Reported net income was $18M.
How have Cyl-Tec, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Cyl-Tec, Inc.'s sponsor-wide assets grew 162.3%, from $20M to $53M.
Where does Cyl-Tec, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Cyl-Tec, Inc. Employee Stock Ownership Plan ranks in the 77th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Cyl-Tec, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Rei Systems, Inc. Employee Stock Ownership Plan in VA ($20M, 660 participants).
Which ESOP plans cover a similar participant headcount to Cyl-Tec, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Probank Austin Employee Stock Ownership Plan and Trust in KY (44 participants, N/A in assets).