Chatsworth Products, Inc.ESOP
CHATSWORTH PRODUCTS, INC EMPLOYEE STOCK OWNERSHIP PLAN · SIMI VALLEY, CA · plan year 2024
Chatsworth Products, Inc.'s 2024 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 $123,262,713 across 937 participant accounts, with employer contributions averaging $4,064 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 849th-largest of 9,483 plans among California employers on file, and the 1,633rd of 13,661 in manufacturing. active participation has grown from 526 to 624 since 2022.
Chatsworth Products, Inc.'s 2024 employer contribution ran above the $3,635 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.
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Source: U.S. Department of Labor, Form 5500 series, EIN 954287760 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.