2023 Form 5500 filing — Satco Products, Inc. 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241230102856NAL0028751696001) for Satco Products, Inc. 401(K) Plan, reported by Satco Products, Inc. under EIN 11-2070002 and plan number 003. It reports 449 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241230102856NAL0028751696001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Satco Products, Inc.
- EIN
- 11-2070002
- Plan number
- 003
- Location
- Brentwood, NY
- Participants
- 449
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $25,088,973
- Net assets (EOY)
- $25,088,973
- Employer contributions
- $746,132
- Participant contributions
- $985,419
- Total income / additions
- $5,373,075
- Benefits paid
- $1,659,928
- Administrative expenses
- $96,464
- Total expenses
- $1,756,392
- Net increase / (decrease)
- $3,616,683
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| John Hancock New York | RECORDKEEPER | $2,538 | $0 |