401(k) · DOL Form 5500 · 2022

Socotec, Inc. 401(k) Plan

Data updated 2026-08-25

$64M
Total assets Below avg plan size
376
Participants Below avg headcount
90th
Percentile by assets National rank
$169,050
Avg per participant Above avg balance/head
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Official DOL plan name: Socotec, Inc. Profit Sharing Plan · Sponsored by Socotec, Inc. · New York · Professional & Technical Services

$64M in assets, 376 participants

Socotec, Inc.'s Socotec, Inc. Profit Sharing Plan reported $64M in total assets and 376 participants in its 2022 DOL Form 5500 filing, ranking in the 90th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #19,615 in Professional & Technical Services (21,562 peers)

Coverage in New York

Socotec, Inc. Profit Sharing Plan covers 376 participants in New York, about 47% of the average New York filer (state average ~798 per filing). Assets: $64M.

#19,615
in Professional & Technical Services (21,562 peers)
+11.4%
assets growth YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $15M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Socotec, Inc. Profit Sharing Plan's outsized position by total assets

Socotec, Inc. Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$63,562,656 Top 10% higher than 90% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Socotec, Inc. Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Socotec, Inc. Profit Sharing Plan sits mid-pack in the medium band (376 participants).

Form 5500 schedule snapshot

Filing strip 131584475 · Socotec, Inc. PY 2022 · 401(k)

Socotec, Inc. Profit Sharing Plan · $64M · 376 · 90th

  • PCT $64M
  • PCT 376
  • PCT 90th
  • PCT 401(k)
  • PCT near Eastport Holdings, LLC 401(k) Plan
  • PCT ind #19615

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in New York →

Socotec, Inc. Profit Sharing Plan in the asset neighbourhood

Eastport Holdings, LLC 401(k) PlanEastport Holdings, LLC 401(k…$64MSocotec, Inc. Profit Sharing PlanSocotec, Inc. Profit Sharing…$64MPackard Medical Group 401(k) Profit Sharing PlanPackard Medical Group 401(k)…$64MHanon Systems USA, LLC 401(k) PlanHanon Systems USA, LLC 401(k…$64MDental Associates 401(k) Plan$64M
End-of-year total assets ($M) among Socotec, Inc. Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

New York filing particulars

Total Assets (Beginning of Year)$57M
Net Assets (End of Year)$64M
Net Income-$15M
Employer EIN131584475
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Socotec, Inc.)

Sponsor-wide plan assets over time

All Socotec, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$83M 30.173249840283578% vs 2022
2024 filing year
$60M$70M$80M$90M 202220232024 $63.6M $82.7M ▲ +30.2%
Year Plans Participants Total Assets
2022 1 376 $64M
2023 1 448 $82M
2024 1 458 $83M

Nearby 401(k) Plans in New York

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Socotec, Inc. Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Socotec, Inc. Profit Sharing Plan, Total assets ($B): 0.063562656 · Participants: 376Socotec, Inc. Profit Sharing PlanIBM 401 (K) Plus Plan, Total assets ($B): 53.363875208 · Participants: 56376IBM 401 (K) Plus PlanMorgan Stanley 401(k) Plan, Total assets ($B): 16.415517176 · Participants: 42924Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 12.067222 · Participants: 129846The Pepsico Savings PlanDeloitte 401(k) Plan, Total assets ($B): 10.966899716 · Participants: 74687Deloitte 401(k) PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 9.681988279 · Participants: 22650The Goldman Sachs 401(k) Plan
Socotec, Inc. Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants

Socotec, Inc. Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Eastport Holdings, LLC 401(k) Plan in OH ($64M); by covered participants it is Goodwill Industries of New Mexico 403(b) Plan in NM (376 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($64M here).

Similar participant headcount

Nearest other-state filings by covered participants (376 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Socotec, Inc. Profit Sharing Plan assets move in 2022?
Socotec, Inc. Profit Sharing Plan grew at a solid clip - up 11.4% during 2022, from $57M to $64M. Reported net income was -$15M.
How have Socotec, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Socotec, Inc.'s sponsor-wide assets grew 30.2%, from $64M to $83M.
Where does Socotec, Inc. Profit Sharing Plan rank by assets among Form 5500 filers?
Socotec, Inc. Profit Sharing Plan ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Socotec, Inc. Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Eastport Holdings, LLC 401(k) Plan in OH ($64M, 787 participants).
Which 401(k) plans cover a similar participant headcount to Socotec, Inc. Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Goodwill Industries of New Mexico 403(b) Plan in NM (376 participants, $2M in assets).