Profit Sharing · DOL Form 5500 · 2024

Satco Products, Inc. Profit Sharing Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
329
Participants Below avg headcount
60th
Percentile by assets National rank
$37,525
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

$12M in assets, 329 participants

Satco Products, Inc.'s Satco Products, Inc. Profit Sharing Plan and Trust reported $12M in total assets and 329 participants in its 2024 DOL Form 5500 filing, ranking in the 60th 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.

  • #8,397 in Manufacturing (17,777 peers)

Coverage in New York

Satco Products, Inc. Profit Sharing Plan and Trust covers 329 participants in New York, about 41% of the average New York filer (state average ~798 per filing). Assets: $12M.

#8,397
in Manufacturing (17,777 peers)
-2.1%
assets change YoY

The plan reported a net loss of $260K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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 2024 · DOL Form 5500

$12,345,867 Top 40% higher than 60% 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

Satco Products, Inc. Profit Sharing Plan and Trust among mid-size filed plans by headcount

Plan-year 2024 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 (329 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Satco Products, Inc. Profit Sharing Plan and Trust reported net income fell from $1M in the plan year 2023 filing to -$260K in the plan year 2024 filing.
  • Satco Products, Inc. Profit Sharing Plan and Trust reported participants rose from 282 in the plan year 2023 filing to 329 in the plan year 2024 filing.
  • Satco Products, Inc. Profit Sharing Plan and Trust end-of-year assets fell from $13M in the plan year 2023 filing to $12M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 112070002 · Satco Products, Inc. PY 2024 · Profit Sharing

Satco Products, Inc. Profit Sharing Plan and Trust · $12M · 329 · 60th

  • NET $12M
  • BOOK 329
  • VS-ST 60th
  • BOY Profit Sharing
  • SCH near Ackerman & Ackerman, P.C. Profit Sharing Trust
  • EBSA ind #8397

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

Triangle Dealers Group Retirement PlanTriangle Dealers Group Retir…$12MSatco Products, Inc. Profit Sharing Plan and TrustSatco Products, Inc. Profit …$12MAckerman & Ackerman, P.C. Profit Sharing TrustAckerman & Ackerman, P.C. Pr…$12MChugh, LLP Profit Sharing PlanChugh, LLP Profit Sharing Pl…$12MAlpha Savings Plan$12M
End-of-year total assets ($M) among Satco Products, Inc. Profit Sharing Plan and Trust and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$12M
Net Income-$260K
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 -10123 Total assets ($B) Participants Satco Products, Inc. Profit Sharing Plan and Trust, Total assets ($B): 0.012345867 · Participants: 329Satco Products, Inc. Profit Sharing Plan and TrustAnnuity Plan of the Electrical Industry, Total assets ($B): 2.296401236 · Participants: 18200Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 2.056246349 · Participants: 3278Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.821807482 · Participants: 5817Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for the State University of New York Retirement Plan, Total assets ($B): 1.269293939 · Participants: 9758The Research Foundation for the State University of New York Retirement PlanRochester Regional Health 403(b) Defined Contribution Plan, Total assets ($B): 0.987006461 · Participants: 15432Rochester Regional Health 403(b) Defined Contribution Plan
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 Ackerman & Ackerman, P.C. Profit Sharing Trust in MI ($12M); by covered participants it is Ineos Pigments Supplemental Savings and Investment Plan in MD (328 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($12M here).

Similar participant headcount

Nearest other-state filings by covered participants (329 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 Satco Products, Inc. Profit Sharing Plan and Trust assets move in 2024? ▼
Satco Products, Inc. Profit Sharing Plan and Trust edged down modestly - down 2.1% during 2024, from $13M to $12M. Reported net income was -$260K.
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 Ackerman & Ackerman, P.C. Profit Sharing Trust in MI ($12M, 3 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 Ineos Pigments Supplemental Savings and Investment Plan in MD (328 participants, $6M 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 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.