Profit Sharing · DOL Form 5500 · 2023
Satco Products, Inc. Profit Sharing Plan
Data updated 2026-08-11
- $13M
- Total assets
- 282
- Participants
- 64th
- Percentile by assets
- $44,703
- Avg per participant
Official DOL plan name: Satco Products, Inc. Profit Sharing Plan and Trust · Sponsored by Satco Products, Inc. · New York · Manufacturing
$13M in assets, 282 participants
Satco Products, Inc.'s Satco Products, Inc. Profit Sharing Plan and Trust reported $13M in total assets and 282 participants in its 2023 DOL Form 5500 filing, ranking in the 64th 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.
- 64th percentile by assets (of 127,072 plans)
- #9,560 in Manufacturing (18,722 peers)
Coverage in New York
Satco Products, Inc. Profit Sharing Plan and Trust covers 282 participants in New York, about 35% of the average New York filer (state average ~798 per filing). Assets: $13M.
- $13M
- total plan assets (2023 EOY)
- 282
- covered participants
- 64th
- percentile by assets (of 127,072 plans)
- $44,703
- avg assets per participant
Where Satco Products, Inc. Profit Sharing Plan and Trust sits by total assets
Satco Products, Inc. Profit Sharing Plan and Trust vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$12,606,124 Top 36% higher than 64% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Satco Products, Inc. Profit Sharing Plan and Trust reported net income rose from -$1M in the plan year 2022 filing to $1M in the plan year 2023 filing.
- Satco Products, Inc. Profit Sharing Plan and Trust end-of-year assets rose from $11M in the plan year 2022 filing to $13M in the plan year 2023 filing.
- Satco Products, Inc. Profit Sharing Plan and Trust reported participants fell from 305 in the plan year 2022 filing to 282 in the plan year 2023 filing.
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 282 participants - about 35% of that state average ($13M EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $11M |
|---|---|
| Net Assets (End of Year) | $13M |
| 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 $2.2B · 18,907
- Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO $1.9B · 3,402
- Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO $1.7B · 5,807
- The Research Foundation for Suny Retirement Plan $1.2B · 10,120
- Mason Tenders District Council Annuity Fund $913M · 11,237
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