Plan Ledger DOL Form 5500 · updated monthly

Catalina Cylinders, Inc.ESOP

CATALINA CYLINDERS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · GARDEN GROVE, CA · plan year 2022

Employer contribution per participant · 2022
$1,676

Catalina Cylinders, Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $3,758,932 across 286 participant accounts, with employer contributions averaging $1,676 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (7,486th of 9,483), and 11,870th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$3,758,932
Participants with balances286
Active participants179
Employer contributions$300,000
Employee contributions—
Employer contribution per active participant$1,676
Average account balance$13,143
Benefits paid to participants$234,143
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.6M · 242 accts · $300K emplr
2023$2.3M · 277 accts · $300K emplr
2022$3.8M · 286 accts · $300K emplr
Employer contributions to the Catalina Cylinders, Inc. plan · 2022
Employer contribution per active participant$1,676
Median for plans this size$1,114
2024$1,974 per active participant
2023$1,796 per active participant
2022$1,676 per active participant

Catalina Cylinders, Inc.'s 2022 employer contribution ran above the $1,114 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 472385509 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.