ESOP · DOL Form 5500 · 2024

Satellite Services, Inc. ESOP

Data updated 2026-08-25

$694K
Total assets Small plan by assets
47
Participants Small participant base
20th
Percentile by assets National rank
$14,763
Avg per participant Low balance/head
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Official DOL plan name: Satellite Services, Inc. Employee Stock Ownership Plan · Sponsored by Satellite Services, Inc. · Michigan · Administrative & Support Services

$694K in assets, 47 participants

Satellite Services, Inc.'s Satellite Services, Inc. Employee Stock Ownership Plan reported $694K in total assets and 47 participants in its 2024 DOL Form 5500 filing, ranking in the 20th 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.

  • #1,868 in Administrative & Support Services (4,368 peers)

Administrative & Support Services sector rank

Within Administrative & Support Services, Satellite Services, Inc. Employee Stock Ownership Plan ranks #1,868 of 4,368 2024 filers by assets (4158% of the sector average)-$694K for 47 participants.

#1,868
in Administrative & Support Services (4,368 peers)
-4.0%
assets change YoY

Satellite Services, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Satellite Services, Inc. Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$693,864 20th percentile higher than 20% of 123,620 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 2024

Satellite Services, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Satellite Services, Inc. Employee Stock Ownership Plan is a small filing (47 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Satellite Services, Inc. Employee Stock Ownership Plan reported net income rose from -$130K in the plan year 2023 filing to $320K in the plan year 2024 filing.
  • Satellite Services, Inc. Employee Stock Ownership Plan reported participants fell from 56 in the plan year 2023 filing to 47 in the plan year 2024 filing.
  • Satellite Services, Inc. Employee Stock Ownership Plan end-of-year assets fell from $723K in the plan year 2023 filing to $694K in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 382380703 · Satellite Services, Inc. PY 2024 · ESOP

Satellite Services, Inc. Employee Stock Ownership Plan · $694K · 47 · 20th

  • PHOTO $694K
  • PHOTO 47
  • PHOTO 20th
  • PHOTO ESOP
  • PHOTO near Terabyte Holdings, Inc. Employee Stock Ownership Plan
  • PHOTO ind #1868

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 What is an ESOP? → · Plans in Michigan →

Satellite Services, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Deluxe Trailer Supply Money Purchase Employee Stock Ownership Plan and TrustDeluxe Trailer Supply Money …$695KJ.B. Esker & Sons, Inc. Employee Stock Ownership PlanJ.B. Esker & Sons, Inc. Empl…$696KSatellite Services, Inc. Employee Stock Ownership PlanSatellite Services, Inc. Emp…$694KTerabyte Holdings, Inc. Employee Stock Ownership PlanTerabyte Holdings, Inc. Empl…$693KESOP Partners Employee Stock Ownership PlanESOP Partners Employee Stock…$695K
End-of-year total assets ($M) among Satellite Services, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Administrative & Support Services filing particulars

Total Assets (Beginning of Year)$723K
Net Assets (End of Year)-$8M
Net Income$320K
Employer EIN382380703
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Satellite Services, Inc.)

Sponsor-wide plan assets over time

All Satellite Services, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$10M 7.598187630064097% vs 2022
2024 filing year
$8.5M$9M$9.5M$10M 202220232024 $9M $9.68M ▲ +7.6%
Year Plans Participants Total Assets
2022 2 270 $9M
2023 2 235 $9M
2024 2 237 $10M

Nearby ESOP Plans in Michigan

Peer ESOP plans, same state, same plan type, ranked by total assets.

Satellite Services, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 -0.500.511.52 Total assets ($B) Participants Satellite Services, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.000693864 · Participants: 47Satellite Services, Inc. Employee Stock Ownership PlanMcnaughton-Mckay Electric Company Employee Stock Ownership Plan, Total assets ($B): 1.551258212 · Participants: 1780Mcnaughton-Mckay Electric Company Employee Stock Ownership PlanThe Kendall Group Employee Stock Ownership Plan, Total assets ($B): 0.899849551 · Participants: 1936The Kendall Group Employee Stock Ownership PlanProject Worldwide, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.452711138 · Participants: 1284Project Worldwide, Inc. Employee Stock Ownership PlanMotor City Electric Co. Employee Stock Ownership Plan, Total assets ($B): 0.410252812 · Participants: 218Motor City Electric Co. Employee Stock Ownership PlanLee Contracting, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.250474411 · Participants: 565Lee Contracting, Inc. Employee Stock Ownership Plan
Satellite Services, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
Compare Satellite Services, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Satellite Services, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is Terabyte Holdings, Inc. Employee Stock Ownership Plan in IL ($693K); by covered participants it is Preferred Drilling Solutions, Inc. Employee Stock Ownership Plan in FL (47 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (47 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Satellite Services, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Satellite Services, Inc. Employee Stock Ownership Plan edged down modestly - down 4.0% during 2024, from $723K to $694K. Reported net income was $320K.
How have Satellite Services, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Satellite Services, Inc.'s sponsor-wide assets grew 7.6%, from $9M to $10M.
Where does Satellite Services, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Satellite Services, Inc. Employee Stock Ownership Plan ranks in the 20th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Satellite Services, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Terabyte Holdings, Inc. Employee Stock Ownership Plan in IL ($693K, 49 participants).
Which ESOP plans cover a similar participant headcount to Satellite Services, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Preferred Drilling Solutions, Inc. Employee Stock Ownership Plan in FL (47 participants, N/A in assets).

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 382380703.

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.