Plain-English plan 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, Satco Products, Inc. 401(K) Plan is a benefit plan reported by Satco Products, Inc. under EIN 11-2070002 and plan number 003. The latest loaded filing year is 2023. The filing reports 449 participants and $25,088,973 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $25,088,973
- Net assets (EOY)
- $25,088,973
- Net assets (BOY)
- $21,472,290
Income & contributions
- Employer contributions
- $746,132
- Participant contributions
- $985,419
- Total contributions
- $1,771,178
- Total income / additions
- $5,373,075
Expenses & distributions
- Benefits paid
- $1,659,928
- Administrative expenses
- $96,464
- Total expenses
- $1,756,392
- Net increase / (decrease)
- $3,616,683