Profit Sharing · DOL Form 5500 · 2022
Satco Products, Inc. Profit Sharing Plan
Data updated 2026-08-11
- $11M
- Total assets
- 305
- Participants
- 67th
- Percentile by assets
- $37,096
- Avg per participant
Official DOL plan name: Satco Products, Inc. Profit Sharing Plan and Trust · Sponsored by Satco Products, Inc. · New York · Manufacturing
$11M in assets, 305 participants
Satco Products, Inc.'s Satco Products, Inc. Profit Sharing Plan and Trust reported $11M in total assets and 305 participants in its 2022 DOL Form 5500 filing, ranking in the 67th 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.
- 67th percentile by assets (of 139,126 plans)
- #11,398 in Manufacturing (20,602 peers)
Coverage in New York
Satco Products, Inc. Profit Sharing Plan and Trust covers 305 participants in New York, about 38% of the average New York filer (state average ~798 per filing). Assets: $11M.
- $11M
- total plan assets (2022 EOY)
- 305
- covered participants
- 67th
- percentile by assets (of 139,126 plans)
- $37,096
- avg assets per participant
The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs New York filers
In New York, the average filing covers about 798 participants across 9,061 plans. Satco Products, Inc. Profit Sharing Plan and Trust reports 305 participants - about 38% of that state average ($11M EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $12M |
|---|---|
| Net Assets (End of Year) | $11M |
| Net Income | -$1M |
| Employer EIN | 112070002 |
| Plan Effective Date | 1976-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Satco Products, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 607 | $33M |
| 2023 | 3 | 620 | $59M |
| 2024 | 2 | 650 | $39M |
Nearby Profit Sharing Plans in New York
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Satco Products, Inc. Profit Sharing Plan and Trust vs. nearby Profit Sharing plans in New York, assets vs. participants
- Annuity Plan of the Electrical Industry $2.0B · 19,997
- Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO $1.6B · 3,494
- Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO $1.5B · 5,696
- The Research Foundation for Suny Retirement Plan $1.1B · 11,139
- Mason Tenders District Council Annuity Fund $837M · 11,072
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Satco Products, Inc. Profit Sharing Plan and Trust by total assets, not by location.
Frequently Asked Questions
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Filing takeaways
Ways to act on Satco Products, Inc. Profit Sharing Plan and Trust's numbers.
- By total assets, Satco Products, Inc. Profit Sharing Plan and Trust ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in New York. Compare plans
- Satco Products, Inc.'s sponsor-wide assets have grown 19.5% since 2022 across 3 plan years on file. More Manufacturing plans