401(k) · DOL Form 5500 · 2023

Socotec, Inc. 401(k) Plan

Data updated 2026-08-25

$82M
Total assets Below avg plan size
448
Participants Below avg headcount
90th
Percentile by assets National rank
$182,636
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

$82M in assets, 448 participants

Socotec, Inc.'s Socotec, Inc. Profit Sharing Plan reported $82M in total assets and 448 participants in its 2023 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.

  • #18,509 in Professional & Technical Services (20,321 peers)

Where Socotec, Inc. Profit Sharing Plan sits by assets

Socotec, Inc. Profit Sharing Plan sits in the top 10% of all filed plans by assets, $82M for 448 participants (~$182,636/participant), up 28.7% in 2023.

#18,509
in Professional & Technical Services (20,321 peers)
+28.7%
assets growth YoY
0.8×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$81,820,851 Top 10% higher than 90% of 127,068 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 2023

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

Plan-year 2023 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 (448 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Socotec, Inc. Profit Sharing Plan reported net income rose from -$15M in the plan year 2022 filing to $17M in the plan year 2023 filing.
  • Socotec, Inc. Profit Sharing Plan end-of-year assets rose from $64M in the plan year 2022 filing to $82M in the plan year 2023 filing.
  • Socotec, Inc. Profit Sharing Plan reported participants rose from 376 in the plan year 2022 filing to 448 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 131584475 · Socotec, Inc. PY 2023 · 401(k)

Socotec, Inc. Profit Sharing Plan · $82M · 448 · 90th

  • BOOK $82M
  • VS-ST 448
  • BOY 90th
  • SCH 401(k)
  • EBSA near Feld Entertainment, Inc. 401(k) Plan
  • PART ind #18509

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

Culligan Retirement Savings PlanCulligan Retirement Savings …$82MFeld Entertainment, Inc. 401(k) PlanFeld Entertainment, Inc. 401…$82MSocotec, Inc. Profit Sharing PlanSocotec, Inc. Profit Sharing…$82MAnnett Holdings, Inc. Employee Savings and Profit Sharing PlanAnnett Holdings, Inc. Employ…$82MThe Suddath Companies$82M
End-of-year total assets ($M) among Socotec, Inc. Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$64M
Net Assets (End of Year)$82M
Net Income$17M
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 -20020406080 Total assets ($B) Participants Socotec, Inc. Profit Sharing Plan, Total assets ($B): 0.081820851 · Participants: 448Socotec, Inc. Profit Sharing PlanIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
Socotec, Inc. Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Socotec, Inc. Profit Sharing Plan side-by-side with 3 peers →

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 Feld Entertainment, Inc. 401(k) Plan in FL ($82M); by covered participants it is Deep Well Services 401(k) Profit Sharing Plan in PA (448 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($82M here).

Similar participant headcount

Nearest other-state filings by covered participants (448 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. 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 2023? ▼
Socotec, Inc. Profit Sharing Plan grew sharply - up 28.7% during 2023, from $64M to $82M. Reported net income was $17M.
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 127,072 plans that reported assets for plan year 2023 (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 Feld Entertainment, Inc. 401(k) Plan in FL ($82M, 1,035 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 Deep Well Services 401(k) Profit Sharing Plan in PA (448 participants, $11M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 131584475.

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.