ESOP · DOL Form 5500 · 2024
Cyl-Tec, Inc. ESOP
Data updated 2026-07-24
- $53M
- Total assets
- 48
- Participants
- 85th
- Percentile by assets
- $1.1M
- Avg per participant
Official DOL plan name: Cyl-Tec, Inc. Employee Stock Ownership Plan · Sponsored by Cyl-Tec, Inc. · Illinois · Utilities
$53M in assets, 48 participants
Cyl-Tec, Inc.'s Cyl-Tec, Inc. Employee Stock Ownership Plan reported $53M in total assets and 48 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.
- 85th percentile by assets (of 116,472 plans)
Utilities sector rank
Within Utilities, Cyl-Tec, Inc. Employee Stock Ownership Plan ranks #368 of 707 2024 filers by assets (1039% of the sector average)-$53M for 48 participants.
- $53M
- total plan assets (2024 EOY)
- 48
- covered participants
- 85th
- percentile by assets (of 116,472 plans)
- $1.1M
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Cyl-Tec, Inc. Employee Stock Ownership Plan end-of-year assets rose from $37M in the plan year 2023 filing to $53M in the plan year 2024 filing.
- Cyl-Tec, Inc. Employee Stock Ownership Plan reported participants rose from 39 in the plan year 2023 filing to 48 in the plan year 2024 filing.
- Cyl-Tec, Inc. Employee Stock Ownership Plan reported net income fell from $17M in the plan year 2023 filing to $16M in the plan year 2024 filing.
Rank #368 in Utilities
Among 707 Utilities plans that filed a Form 5500 for plan year 2024, Cyl-Tec, Inc. Employee Stock Ownership Plan ranks #368 by end-of-year assets - about 1039% of the sector average of $547M. Nationally it sits in the 85th percentile, a weaker position within its industry than across all filers.
Utilities filing particulars
| Total Assets (Beginning of Year) | $37M |
|---|---|
| Net Assets (End of Year) | $51M |
| Net Income | $16M |
| Employer EIN | 363757508 |
| Plan Effective Date | 2021-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Cyl-Tec, Inc.)
| 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
- Kehe Distributors, Inc. Employee Stock Ownership Plan $2.2B · 4,815
- Scot Forge Company Employee Stock Ownership Plan $1.4B · 491
- Bdo USA Employee Stock Ownership Plan $1.1B · 9,258
- Shorr Paper Products, Inc. Employee Stock Ownership Plan $430M · 543
- Rli Corp. Employee Stock Ownership Plan $404M · 1,001
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Cyl-Tec, Inc. Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
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Filing takeaways
Ways to act on Cyl-Tec, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Cyl-Tec, Inc. Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Illinois. Compare plans
- Cyl-Tec, Inc.'s sponsor-wide assets have grown 162.3% since 2022 across 3 plan years on file. More Utilities plans
Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.
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.