401(k) Ā· DOL Form 5500 Ā· 2024

M M Satterfield Oil Company Inc Profit Sharing and 401(k) Plan

Data updated 2026-05-15

$1M
Total assets
15
Participants
23th
Percentile by assets
$68,364
Avg per participant

Sponsored by M M Satterfield Oil Company Inc Ā· Arkansas Ā· Retail Trade

What the 2024 filing shows

M M Satterfield Oil Company Inc Profit Sharing and 401(k) Plan holds $1M for 15 participants - about $68,364 per participant, among the smaller plans by assets on file, up 13.1% over the 2024 plan year.

$1M
total plan assets (2024 EOY)
15
covered participants
23th
percentile by assets (of 116,472 plans)
$68,364
avg assets per participant
State
Industry
Retail Trade

401(k) Ā· DOL Form 5500 Ā· 2024

What the Filing Says About M M Satterfield Oil Company Inc Profit Sharing and 401(k) Plan

M M Satterfield Oil Company Inc Profit Sharing and 401(k) Plan is a 401(k) retirement plan sponsored by M M Satterfield Oil Company Inc, headquartered in Arkansas. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $1M in total end-of-year assets and covers 15 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 710335231, and the plan has been effective since 1968-09-30. Its filing status is currently FILING RECEIVED.

Year over year, total assets grew at a solid clip from $906K at the beginning of 2024 to $1M at year-end - up 13.1%. Net assets (after liabilities) closed the year at $1M, with reported net income of $119K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Across the 3 plan years M M Satterfield Oil Company Inc has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $910K to $1M, a gain of 12.6%, while reported participants moved from 13 to 15 (+15.4%). The strongest year on file by total sponsor assets was 2024 at $1M; the softest was 2023 at $906K. Year-by-year, sponsor-wide filings show: 2022 - $910K in assets across 1 plan covering 13 participants; 2023 - $906K in assets across 1 plan covering 15 participants; 2024 - $1M in assets across 1 plan covering 15 participants.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank M M Satterfield Oil Company Inc Profit Sharing and 401(k) Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2024)

Total Assets (Beginning of Year)$906K
Total Assets (End of Year)$1M
Net Assets (End of Year)$1M
Net Income$119K
Plan Type401(k)
Employer EIN710335231
Plan Effective Date1968-09-30
Filing StatusFILING RECEIVED

Sponsor Plan History (M M Satterfield Oil Company Inc)

Year Plans Participants Total Assets
2022 1 13 $910K
2023 1 15 $906K
2024 1 15 $1M

Nearby 401(k) Plans in Arkansas

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Frequently Asked Questions

How much money is in the M M Satterfield Oil Company Inc Profit Sharing and 401(k) Plan?
As of the 2024 Form 5500 filing, M M Satterfield Oil Company Inc Profit Sharing and 401(k) Plan holds $1M in total assets with 15 participants. It is sponsored by M M Satterfield Oil Company Inc.
What type of plan is M M Satterfield Oil Company Inc Profit Sharing and 401(k) Plan?
M M Satterfield Oil Company Inc Profit Sharing and 401(k) Plan is a 401(k) plan. It has been effective since 1968-09-30. The plan is filed with the U.S. Department of Labor under EIN 710335231.
Who sponsors the M M Satterfield Oil Company Inc Profit Sharing and 401(k) Plan?
M M Satterfield Oil Company Inc Profit Sharing and 401(k) Plan is sponsored by M M Satterfield Oil Company Inc, located in Arkansas. The sponsor's EIN is 710335231 and the plan operates in the Retail Trade industry.
How did M M Satterfield Oil Company Inc Profit Sharing and 401(k) Plan perform in 2024?
M M Satterfield Oil Company Inc Profit Sharing and 401(k) Plan grew at a solid clip - up 13.1% during 2024, moving from $906K to $1M in total assets. Net income was $119K.

What this filing means

Ways to act on M M Satterfield Oil Company Inc Profit Sharing and 401(k) Plan's numbers.

  • By total assets, M M Satterfield Oil Company Inc Profit Sharing and 401(k) Plan ranks among the smaller plans by assets on file. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Arkansas. Compare plans
  • M M Satterfield Oil Company Inc's sponsor-wide assets have grown 12.6% since 2022 across 3 plan years on file. More Retail Trade plans
  • A 401(k) plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 710335231.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

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

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.