2023 Form 5500 filing — Satco Products, Inc. Profit Sharing Plan And Trust
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241230101850NAL0016091393001) for Satco Products, Inc. Profit Sharing Plan And Trust, reported by Satco Products, Inc. under EIN 11-2070002 and plan number 002. It reports 374 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241230101850NAL0016091393001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Satco Products, Inc.
- EIN
- 11-2070002
- Plan number
- 002
- Location
- Brentwood, NY
- Participants
- 374
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $12,606,124
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $12,606,124
- Total income / additions
- $1,918,412
- Benefits paid
- $555,171
- Administrative expenses
- $70,935
- Total expenses
- $626,106
- Net increase / (decrease)
- $1,292,306
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Sanford C. Bernstein & Co., LLC | ADVISORY | $30,668 | not reported in the loaded dataset |
| Sax Llp | AUDITOR | $23,000 | $0 |