Profit Sharing · DOL Form 5500 · 2023

Satco Products, Inc. Profit Sharing Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
282
Participants Below avg headcount
64th
Percentile by assets National rank
$44,703
Avg per participant Low balance/head
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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.

  • #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.

#9,560
in Manufacturing (18,722 peers)
+11.4%
assets growth YoY

Satco Products, Inc. Profit Sharing Plan and Trust's mid-pack asset rank among Manufacturing and all filers

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

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

Satco Products, Inc. Profit Sharing Plan and Trust 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. Satco Products, Inc. Profit Sharing Plan and Trust sits mid-pack in the medium band (282 participants).

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.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 112070002 · Satco Products, Inc. PY 2023 · Profit Sharing

Satco Products, Inc. Profit Sharing Plan and Trust · $13M · 282 · 64th

  • BOOK $13M
  • BOOK 282
  • BOOK 64th
  • BOOK Profit Sharing
  • BOOK near Cossma, Inc. Retirement Plan
  • BOOK ind #9560

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 Manufacturing retirement plans → · Plans in New York →

Satco Products, Inc. Profit Sharing Plan and Trust in the asset neighbourhood

Worcester Art Museum Retirement PlanWorcester Art Museum Retirem…$13MCossma, Inc. Retirement Plan$13MGreat Eastern Management Company Profit Sharing PlanGreat Eastern Management Com…$13MSatco Products, Inc. Profit Sharing Plan and TrustSatco Products, Inc. Profit …$13MCheney Financial Services Inc. Profit Sharing PlanCheney Financial Services In…$13M
End-of-year total assets ($M) among Satco Products, Inc. Profit Sharing Plan and Trust and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$13M
Net Income$1M
Employer EIN112070002
Plan Effective Date1976-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Satco Products, Inc.)

Sponsor-wide plan assets over time

All Satco Products, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$39M 19.495293304973682% vs 2022
2024 filing year
$30M$40M$50M$60M$70M 202220232024 $32.8M $39.2M ▲ +19.5%
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 Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.522.5 Total assets ($B) Participants Satco Products, Inc. Profit Sharing Plan and Trust, Total assets ($B): 0.012606124 · Participants: 282Satco Products, Inc. Profit Sharing Plan and TrustAnnuity Plan of the Electrical Industry, Total assets ($B): 2.210433172 · Participants: 18907Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 1.870067356 · Participants: 3402Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.660408686 · Participants: 5807Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for Suny Retirement Plan, Total assets ($B): 1.177491602 · Participants: 10120The Research Foundation for Suny Retirement PlanMason Tenders District Council Annuity Fund, Total assets ($B): 0.912972009 · Participants: 11237Mason Tenders District Council Annuity Fund
Satco Products, Inc. Profit Sharing Plan and Trust vs. nearby Profit Sharing plans in New York, assets vs. participants
Compare Satco Products, Inc. Profit Sharing Plan and Trust side-by-side with 3 peers →

Satco Products, Inc. Profit Sharing Plan and Trust's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is Cossma, Inc. Retirement Plan in PR ($13M); by covered participants it is Lowenstein Sandler 2016 Profit Sharing Plan in NJ (282 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (282 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 Satco Products, Inc. Profit Sharing Plan and Trust assets move in 2023? ▼
Satco Products, Inc. Profit Sharing Plan and Trust grew at a solid clip - up 11.4% during 2023, from $11M to $13M. Reported net income was $1M.
How have Satco Products, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Satco Products, Inc.'s sponsor-wide assets grew 19.5%, from $33M to $39M.
Which Profit Sharing plans are similar in size to Satco Products, Inc. Profit Sharing Plan and Trust? ▼
Among Profit Sharing plans in other states, the closest by assets is Cossma, Inc. Retirement Plan in PR ($13M, 357 participants).
Which Profit Sharing plans cover a similar participant headcount to Satco Products, Inc. Profit Sharing Plan and Trust? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Lowenstein Sandler 2016 Profit Sharing Plan in NJ (282 participants, $27M 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 112070002.

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.