Department of Labor filing

SATCO PRODUCTS, INC.

SATCO PRODUCTS, INC. 401(K) PLAN · For the plan year ended May 31, 2025

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Public filing 2024 · received Dec 15, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

57filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$2,586

Reported employer contributions per active participant.

Higher than about 63% of comparable plans

#People in the filing

310

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$202 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 41% of comparable plans

↗Investment performance

Not available

Plan assets changed 6.9%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202457out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions63rd percentileTypical peer $2,163 · based on 323 comparable plans

Lower reported administrative expense41st percentileTypical peer $162 · based on 321 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended May 31, 2025, SATCO PRODUCTS, INC. reported $801,624 in employer contributions across the plan and 310 active participants. That works out to $2,586 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy59%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 2.2%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendDown 10.1%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context57/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $801,624
Participant contributions: $1,051,020
Other contributions: $466,372
Employer share of reported contributions: 43.3%
Beginning assets: $25,088,973
Ending assets: $26,832,443
Ending net assets: $26,832,443
Ending liabilities: $0
Total income: $4,538,749
Total expenses: $2,795,279
Administrative expenses: $108,360
Participant loans: $895,345

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$2,529

2023

$2,538

2024

$2,586

Plan-paid administrative expenses per participant

2022

$224

2023

$215

2024

$202

Active participants

2022

279

2023

294

2024

310

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$2,586	310	26.8M	20251215141857NAL0003714194001
2023	$2,538	294	25.1M	20241230102856NAL0028751696001
2022	$2,529	279	21.5M	20240209165744NAL0005717409001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 3.3%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 112070002-003

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jun 1, 2000
Industry: Industry group 335
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J3H3J

Current plan terms

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Filing ACK_ID20251215141857NAL0003714194001

Data sourceDOL Form 5500 bulk data ↗

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