Satco Products, Inc. 401(K) Plan — Form 5500 plan (Satco Products, Inc.)

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.

Key reported metrics

Plan sponsor
Satco Products, Inc.
EIN
11-2070002
Plan number
003
Plan type
2
Location
Brentwood, NY
Latest filing year
2023
Participants
449
End-of-year plan assets
$25,088,973

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023449H, C20241230102856NAL0028751696001

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

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
John Hancock New YorkRECORDKEEPER$2,538$02023

Related Form 5500 pages