ESOP · DOL Form 5500 · 2023

Cybernet Systems Corporation ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
41
Participants Small participant base
28th
Percentile by assets National rank
$38,132
Avg per participant Low balance/head
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Official DOL plan name: Cybernet Systems Corporation Employee Stock Ownership Plan · Sponsored by Cybernet Systems Corporation · Michigan · Professional & Technical Services

$2M in assets, 41 participants

Cybernet Systems Corporation's Cybernet Systems Corporation Employee Stock Ownership Plan reported $2M in total assets and 41 participants in its 2023 DOL Form 5500 filing, ranking in the 28th 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.

  • #4,733 in Professional & Technical Services (20,321 peers)

2023 asset change

Cybernet Systems Corporation Employee Stock Ownership Plan grew sharply 26.6% in 2023 ($1M → $2M) for 41 participants.

#4,733
in Professional & Technical Services (20,321 peers)
+26.6%
assets growth YoY

Cybernet Systems Corporation Employee Stock Ownership Plan among the smaller filed plans by assets

Cybernet Systems Corporation Employee Stock Ownership Plan vs every filed plan by assets

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

$1,563,415 28th percentile higher than 28% 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

Cybernet Systems Corporation 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. Cybernet Systems Corporation Employee Stock Ownership Plan is a small filing (41 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Cybernet Systems Corporation Employee Stock Ownership Plan reported net income rose from -$28K in the plan year 2022 filing to $329K in the plan year 2023 filing.
  • Cybernet Systems Corporation Employee Stock Ownership Plan end-of-year assets rose from $1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Cybernet Systems Corporation Employee Stock Ownership Plan reported participants rose from 37 in the plan year 2022 filing to 41 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 430924383 · Cybernet Systems Corporation PY 2023 · ESOP

Cybernet Systems Corporation Employee Stock Ownership Plan · $2M · 41 · 28th

  • EOY $2M
  • EOY 41
  • EOY 28th
  • EOY ESOP
  • EOY near Josephson Manufacturing Company Employee Stock Ownership Plan
  • EOY ind #4733

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 Michigan →

Cybernet Systems Corporation Employee Stock Ownership Plan in the asset neighbourhood

Cybernet Systems Corporation Employee Stock Ownership PlanCybernet Systems Corporation…$2MJosephson Manufacturing Company Employee Stock Ownership PlanJosephson Manufacturing Comp…$2MBay Ship & Yacht Co. Employee Stock Ownership PlanBay Ship & Yacht Co. Employe…$2MEmerson Management Company ESOPEmerson Management Company E…$2MCharles Tool & Supply, Inc. Employee Stock Ownership PlanCharles Tool & Supply, Inc. …$2M
End-of-year total assets ($M) among Cybernet Systems Corporation Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Cybernet Systems Corporation years around the 2023 move

Sponsor-wide plan assets over time

All Cybernet Systems Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$1M 1.0983288166946628% vs 2022
2024 filing year
$1M$1.2M$1.4M$1.6M 202220232024 $1.23M $1.22M ▼ -0.8%
Year Plans Participants Total Assets
2022 1 37 $1M
2023 1 41 $2M
2024 1 41 $1M

2023 asset-move particulars

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$2M
Net Income$329K
Employer EIN430924383
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Michigan

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

Cybernet Systems Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 -0.500.511.5 Total assets ($B) Participants Cybernet Systems Corporation Employee Stock Ownership Plan, Total assets ($B): 0.001563415 · Participants: 41Cybernet Systems Corporation Employee Stock Ownership PlanMcnaughton-Mckay Electric Company Employee Stock Ownership Plan, Total assets ($B): 1.30777109 · Participants: 1635Mcnaughton-Mckay Electric Company Employee Stock Ownership PlanThe Kendall Group Employee Stock Ownership Plan, Total assets ($B): 0.808091077 · Participants: 1907The Kendall Group Employee Stock Ownership PlanProject Worldwide, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.436210284 · Participants: 1173Project Worldwide, Inc. Employee Stock Ownership PlanMotor City Electric Co. Employee Stock Ownership Plan, Total assets ($B): 0.258079249 · Participants: 207Motor City Electric Co. Employee Stock Ownership PlanLee Contracting, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.237688318 · Participants: 500Lee Contracting, Inc. Employee Stock Ownership Plan
Cybernet Systems Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
Compare Cybernet Systems Corporation Employee Stock Ownership Plan side-by-side with 3 peers →

Cybernet Systems Corporation Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is Josephson Manufacturing Company Employee Stock Ownership Plan in IA ($2M); by covered participants it is Quantumdigital, Inc. Employee Stock Ownership Plan in TX (41 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (41 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 Cybernet Systems Corporation Employee Stock Ownership Plan assets move in 2023? ▼
Cybernet Systems Corporation Employee Stock Ownership Plan grew sharply - up 26.6% during 2023, from $1M to $2M. Reported net income was $329K.
How have Cybernet Systems Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cybernet Systems Corporation's sponsor-wide assets declined 1.1%, from $1M to $1M.
Which ESOP plans are similar in size to Cybernet Systems Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Josephson Manufacturing Company Employee Stock Ownership Plan in IA ($2M, 54 participants).
Which ESOP plans cover a similar participant headcount to Cybernet Systems Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Quantumdigital, Inc. Employee Stock Ownership Plan in TX (41 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 430924383.

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.