ESOP · DOL Form 5500 · 2023

Cathay General Bancorp ESOP

Data updated 2026-08-25

$30M
Total assets Below avg plan size
97
Participants Small participant base
79th
Percentile by assets National rank
$310,890
Avg per participant High balance/head
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Official DOL plan name: Cathay Bank Employee Stock Ownership Plan · Sponsored by Cathay General Bancorp · California · Finance & Insurance

$30M in assets, 97 participants

Cathay General Bancorp's Cathay Bank Employee Stock Ownership Plan reported $30M in total assets and 97 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

  • #6,056 in Finance & Insurance (8,869 peers)

Where Cathay Bank Employee Stock Ownership Plan sits by assets

Cathay Bank Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $30M for 97 participants (~$310,890/participant), up 4.7% in 2023.

#6,056
in Finance & Insurance (8,869 peers)
+4.7%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Cathay Bank Employee Stock Ownership Plan's outsized position by total assets

Cathay Bank Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$30,156,286 Top 21% higher than 79% of 127,068 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 2023

Cathay Bank Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Cathay Bank Employee Stock Ownership Plan is a small filing (97 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Cathay Bank Employee Stock Ownership Plan reported net income rose from -$2M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Cathay Bank Employee Stock Ownership Plan reported participants fell from 111 in the plan year 2022 filing to 97 in the plan year 2023 filing.
  • Cathay Bank Employee Stock Ownership Plan end-of-year assets rose from $29M in the plan year 2022 filing to $30M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 954274680 · Cathay General Bancorp PY 2023 · ESOP

Cathay Bank Employee Stock Ownership Plan · $30M · 97 · 79th

  • SCH $30M
  • EBSA 97
  • PART 79th
  • TYPE ESOP
  • NET near Consulting Engineers Group Employee Stock Ownership Plan
  • BOOK ind #6056

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 California →

Cathay Bank Employee Stock Ownership Plan in the asset neighbourhood

Financial Corporation of Louisiana ESOP Stock Ownership PlanFinancial Corporation of Lou…$30MCathay Bank Employee Stock Ownership PlanCathay Bank Employee Stock O…$30MConsulting Engineers Group Employee Stock Ownership PlanConsulting Engineers Group E…$30MAlaska Garden and Pet Supply, Inc. Employee Stock Ownership Plan and TrustAlaska Garden and Pet Supply…$30MHub Truck Rental Corp. Employee Stock Ownership PlanHub Truck Rental Corp. Emplo…$30M
End-of-year total assets ($M) among Cathay Bank Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$30M
Net Income$1M
Employer EIN954274680
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cathay General Bancorp)

Sponsor-wide plan assets over time

All Cathay General Bancorp plans reported in each filing year

Latest sponsor-wide plan assets
$290M 31.446560290859704% vs 2022
2024 filing year
$200M$250M$300M 202220232024 $221M $290M ▲ +31.4%
Year Plans Participants Total Assets
2022 2 1,228 $221M
2023 2 1,217 $259M
2024 2 1,291 $290M

Nearby ESOP Plans in California

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

Cathay Bank Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -101234 Total assets ($B) Participants Cathay Bank Employee Stock Ownership Plan, Total assets ($B): 0.030156286 · Participants: 97Cathay Bank Employee Stock Ownership PlanParsons Employee Stock Ownership Plan, Total assets ($B): 3.757068542 · Participants: 7871Parsons Employee Stock Ownership PlanAcco Employee Stock Ownership Plan, Total assets ($B): 1.444524335 · Participants: 1397Acco Employee Stock Ownership PlanRosendin Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.125537204 · Participants: 1700Rosendin Electric, Inc. Employee Stock Ownership PlanAgron, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.533004512 · Participants: 72Agron, Inc. Employee Stock Ownership PlanRecology Employee Stock Ownership Plan, Total assets ($B): 0.497089527 · Participants: 3656Recology Employee Stock Ownership Plan
Cathay Bank Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants
Compare Cathay Bank Employee Stock Ownership Plan side-by-side with 3 peers →

Cathay Bank Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside California, the nearest ESOP by assets is Consulting Engineers Group Employee Stock Ownership Plan in IL ($30M); by covered participants it is Hebron Companies, Inc. Employee Stock Ownership Plan and Trust in ND (97 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (97 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Cathay Bank Employee Stock Ownership Plan assets move in 2023? ▼
Cathay Bank Employee Stock Ownership Plan edged up modestly - up 4.7% during 2023, from $29M to $30M. Reported net income was $1M.
How have Cathay General Bancorp plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cathay General Bancorp's sponsor-wide assets grew 31.4%, from $221M to $290M.
Where does Cathay Bank Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Cathay Bank Employee Stock Ownership Plan ranks in the 79th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Cathay Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Consulting Engineers Group Employee Stock Ownership Plan in IL ($30M, 141 participants).
Which ESOP plans cover a similar participant headcount to Cathay Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Hebron Companies, Inc. Employee Stock Ownership Plan and Trust in ND (97 participants, $27M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 954274680.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.