Plain-English plan 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, Satcom Direct, Inc. 401(K) Profit Sharing Plan And Trust is a benefit plan reported by Satcom Direct, Inc. under EIN 41-1878523 and plan number 001. The latest loaded filing year is 2023. The filing reports 439 participants and $68,947,038 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $68,947,038
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $68,947,038
- Net assets (BOY)
- $60,062,653
Income & contributions
- Employer contributions
- $1,805,826
- Participant contributions
- $2,702,292
- Total contributions
- $4,610,793
- Total income / additions
- $17,536,028
Expenses & distributions
- Benefits paid
- $8,592,468
- Administrative expenses
- $57,659
- Total expenses
- $8,651,643
- Net increase / (decrease)
- $8,884,385