ESOP · DOL Form 5500 · 2023

Cyl-Tec, Inc. ESOP

Data updated 2026-08-25

$37M
Total assets Below avg plan size
39
Participants Small participant base
82nd
Percentile by assets National rank
$952,566
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

$37M in assets, 39 participants

Cyl-Tec, Inc.'s Cyl-Tec, Inc. Employee Stock Ownership Plan reported $37M in total assets and 39 participants in its 2023 DOL Form 5500 filing, ranking in the 82nd 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.

  • #338 in Utilities (721 peers)

Utilities sector rank

Within Utilities, Cyl-Tec, Inc. Employee Stock Ownership Plan ranks #338 of 721 2023 filers by assets (1445% of the sector average)-$37M for 39 participants.

#338
in Utilities (721 peers)
+85.0%
assets growth YoY
0.4×
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 2023 · DOL Form 5500

$37,150,093 Top 18% higher than 82% 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

Cyl-Tec, Inc. 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. Cyl-Tec, Inc. Employee Stock Ownership Plan is a small filing (39 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Cyl-Tec, Inc. Employee Stock Ownership Plan end-of-year assets rose from $20M in the plan year 2022 filing to $37M in the plan year 2023 filing.
  • Cyl-Tec, Inc. Employee Stock Ownership Plan reported participants fell from 44 in the plan year 2022 filing to 39 in the plan year 2023 filing.
  • Cyl-Tec, Inc. Employee Stock Ownership Plan reported net income fell from $18M in the plan year 2022 filing to $17M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 363757508 · Cyl-Tec, Inc. PY 2023 · ESOP

Cyl-Tec, Inc. Employee Stock Ownership Plan · $37M · 39 · 82nd

  • ASSETS $37M
  • PCT 39
  • EIN 82nd
  • RANK ESOP
  • PHOTO near Eoc, Inc. Employee Stock Ownership Plan
  • IND ind #338

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

Mangan, Inc. Employee Stock Ownership PlanMangan, Inc. Employee Stock …$37MCyl-Tec, Inc. Employee Stock Ownership PlanCyl-Tec, Inc. Employee Stock…$37MEoc, Inc. Employee Stock Ownership PlanEoc, Inc. Employee Stock Own…$37MThe American National Bank of Texas Employee Stock Ownership PlanThe American National Bank o…$37MTompkins Financial Corporation Employee Stock Ownership PlanTompkins Financial Corporati…$37M
End-of-year total assets ($M) among Cyl-Tec, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Utilities filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$35M
Net Income$17M
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 -1012345 Total assets ($B) Participants Cyl-Tec, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.037150093 · Participants: 39Cyl-Tec, Inc. Employee Stock Ownership PlanAmsted Industries Incorporated Employees' Stock Ownership Plan, Total assets ($B): 4.440263476 · Participants: 4738Amsted Industries Incorporated Employees' Stock Ownership PlanKehe Distributors, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.616096816 · Participants: 4251Kehe Distributors, Inc. Employee Stock Ownership PlanScot Forge Company Employee Stock Ownership Plan, Total assets ($B): 1.195072662 · Participants: 486Scot Forge Company Employee Stock Ownership PlanBdo USA Employee Stock Ownership Plan, Total assets ($B): 0.91547863 · Participants: 10168Bdo USA Employee Stock Ownership PlanBdo USA Employee Stock Ownership Plan, Total assets ($B): 0.91547863 · Participants: 10168Bdo USA Employee Stock Ownership Plan
Cyl-Tec, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants
Compare Cyl-Tec, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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 Eoc, Inc. Employee Stock Ownership Plan in GA ($37M); by covered participants it is Spencer County Bank Employees' Stock Ownership Plan & Trust in IN (39 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (39 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 Cyl-Tec, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Cyl-Tec, Inc. Employee Stock Ownership Plan surged - up 85.0% during 2023, from $20M to $37M. Reported net income was $17M.
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 82nd 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 Cyl-Tec, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Eoc, Inc. Employee Stock Ownership Plan in GA ($37M, 92 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 Spencer County Bank Employees' Stock Ownership Plan & Trust in IN (39 participants, $2M 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 363757508.

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.