Plan Ledger DOL Form 5500 · updated monthly

Satco, Inc.401(k)

SATCO, INC. 401(K) RETIREMENT PLAN · EL SEGUNDO, CA · plan year 2024

Reported admin expense ratio · 2024
0.17%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Satco, Inc. reported $70,787 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $2,804 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.168%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,006th-largest of 9,483 plans among California employers on file, and the 3,499th of 13,661 in manufacturing. In 2024, employees put in $1.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$43,034,364
Participants with balances446
Active participants401
Employer contributions$1,124,497
Employee contributions$1,626,772
Employer contribution per active participant$2,804
Average account balance$96,490
Benefits paid to participants$5,606,995
Plan auditUnmodified (clean) audit opinion
AuditorDAVID L. BUCK
Plan history3
Yearassets · accounts · employer contribution
2024$43.0M · 446 accts · $1.1M emplr
2023$41.4M · 444 accts · $1.1M emplr
2022$36.4M · 436 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,745
Investment management$66,042
Total administrative$70,787
The Satco, Inc. 401(k) match · 2024
Employer contribution per active participant$2,804
Median for plans this size$2,416
2024$2,804 per active participant
2023$2,780 per active participant
2022$2,868 per active participant

Satco, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$66,042
ADP, INC. · Recordkeeping$4,745
ADP BROKER-DEALERindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, Morgan Stanley
2023ADP, Morgan Stanley

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Administrative cost history3
2024$70,787 · 0.17%
2023$66,273 · 0.17%
2022$66,577 · 0.17%
Same employer
Similar plansManufacturing · California
The New Iem, LLC CA$43.4M · 0.42%
Roederer Estate Inc. CA$43.2M · 0.01%
Nellson Nutraceutical, LLC CA$43.1M · 0.41%
Talley Inc. CA$43.0M · 0.40%
Sila Nanotechnologies, Inc. CA$42.8M · 0.09%
Bonterra Organic Estates CA$42.8M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952546613 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.