ESOP · DOL Form 5500 · 2022

Satellite Services, Inc. ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
75
Participants Small participant base
30th
Percentile by assets National rank
$20,697
Avg per participant Low balance/head
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Official DOL plan name: Satellite Services, Inc. Employee Stock Ownership Plan · Sponsored by Satellite Services, Inc. · Michigan · Administrative & Support Services

$2M in assets, 75 participants

Satellite Services, Inc.'s Satellite Services, Inc. Employee Stock Ownership Plan reported $2M in total assets and 75 participants in its 2022 DOL Form 5500 filing, ranking in the 30th 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.

  • #2,631 in Administrative & Support Services (4,927 peers)

Administrative & Support Services sector rank

Within Administrative & Support Services, Satellite Services, Inc. Employee Stock Ownership Plan ranks #2,631 of 4,927 2022 filers by assets (1859% of the sector average)-$2M for 75 participants.

#2,631
in Administrative & Support Services (4,927 peers)
-54.2%
assets change YoY

The plan reported a net loss of $408K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Satellite Services, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Satellite Services, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$1,552,278 30th percentile higher than 30% 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

Satellite Services, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Satellite Services, Inc. Employee Stock Ownership Plan is a small filing (75 participants) on this national headcount ladder.

DOL schedule card

Filing strip 382380703 · Satellite Services, Inc. PY 2022 · ESOP

Satellite Services, Inc. Employee Stock Ownership Plan · $2M · 75 · 30th

  • BOOK $2M
  • VS-ST 75
  • BOY 30th
  • SCH ESOP
  • EBSA near Secco, Inc. Employee Stock Ownership Plan
  • PART ind #2631

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 What is an ESOP? → · Plans in Michigan →

Satellite Services, Inc. Employee Stock Ownership Plan in the asset neighbourhood

West Coast Lighting & Energy, Inc. Employee Stock Ownership PlanWest Coast Lighting & Energy…$2MCity First Bank, National Association Employee Stock Ownership PlanCity First Bank, National As…$2MSatellite Services, Inc. Employee Stock Ownership PlanSatellite Services, Inc. Emp…$2MSecco, Inc. Employee Stock Ownership PlanSecco, Inc. Employee Stock O…$2MBrandlogic Corp Employee Stock Ownership PlanBrandlogic Corp Employee Sto…$2M
End-of-year total assets ($M) among Satellite Services, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Administrative & Support Services filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)-$8M
Net Income-$408K
Employer EIN382380703
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Satellite Services, Inc.)

Sponsor-wide plan assets over time

All Satellite Services, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$10M 7.598187630064097% vs 2022
2024 filing year
$8.5M$9M$9.5M$10M 202220232024 $9M $9.68M ▲ +7.6%
Year Plans Participants Total Assets
2022 2 270 $9M
2023 2 235 $9M
2024 2 237 $10M

Nearby ESOP Plans in Michigan

Peer ESOP plans, same state, same plan type, ranked by total assets.

Satellite Services, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -0.500.511.5 Total assets ($B) Participants Satellite Services, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.001552278 · Participants: 75Satellite Services, Inc. Employee Stock Ownership PlanMcnaughton-Mckay Electric Company Employee Stock Ownership Plan, Total assets ($B): 1.052163391 · Participants: 1155Mcnaughton-Mckay Electric Company Employee Stock Ownership PlanThe Kendall Group Employee Stock Ownership Plan, Total assets ($B): 0.725583306 · Participants: 1817The Kendall Group Employee Stock Ownership PlanProject Worldwide, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.394784403 · Participants: 977Project Worldwide, Inc. Employee Stock Ownership PlanMotor City Electric Co. Employee Stock Ownership Plan, Total assets ($B): 0.191093331 · Participants: 209Motor City Electric Co. Employee Stock Ownership PlanBandit Holding Company, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.181896 · Participants: 591Bandit Holding Company, Inc. Employee Stock Ownership Plan
Satellite Services, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
Compare Satellite Services, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Satellite Services, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is Secco, Inc. Employee Stock Ownership Plan in PA ($2M); by covered participants it is D. C. Elevator, Inc. Employee Stock Ownership Plan in KY (75 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (75 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 Satellite Services, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Satellite Services, Inc. Employee Stock Ownership Plan contracted severely - down 54.2% during 2022, from $3M to $2M. Reported net income was -$408K.
How have Satellite Services, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Satellite Services, Inc.'s sponsor-wide assets grew 7.6%, from $9M to $10M.
Which ESOP plans are similar in size to Satellite Services, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Secco, Inc. Employee Stock Ownership Plan in PA ($2M, 75 participants).
Which ESOP plans cover a similar participant headcount to Satellite Services, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is D. C. Elevator, Inc. Employee Stock Ownership Plan in KY (75 participants, $5M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 382380703.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.