Hilde Companies Profit Sharing And 401(K) Savings Plan — Form 5500 plan (Satellite Industries, 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, Hilde Companies Profit Sharing And 401(K) Savings Plan is a benefit plan reported by Satellite Industries, Inc. under EIN 41-0854413 and plan number 333. The latest loaded filing year is 2023. The filing reports 921 participants and $81,988,134 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Satellite Industries, Inc.
- EIN
- 41-0854413
- Plan number
- 333
- Plan type
- 3
- Location
- Minneapolis, MN
- Latest filing year
- 2023
- Participants
- 921
- End-of-year plan assets
- $81,988,134
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 921 | H, C | 20250114101540NAL0010876131001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $81,988,134
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $81,988,134
- Net assets (BOY)
- $71,590,350
Income & contributions
- Employer contributions
- $4,402,823
- Participant contributions
- $3,651,149
- Total contributions
- $8,482,523
- Total income / additions
- $18,758,053
Expenses & distributions
- Benefits paid
- $8,313,906
- Administrative expenses
- $44,504
- Total expenses
- $8,360,269
- Net increase / (decrease)
- $10,397,784
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Securities Inc | OTHER SERVICES | $0 | $71,671 | 2023 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $44,504 | $0 | 2023 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 | 2023 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Satellite Industries, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MN
- 401(k) and benefit plan filings in Minneapolis, MN
- Principal Securities Inc — Schedule C compensation
- Principal Life Insurance Company — Schedule C compensation
- Morningstar Investment Management L — Schedule C compensation
- Wilshire Advisors LLC — Schedule C compensation