Satellite Industries, Inc. 401(k) Plan: Login, Facts & Contact Information
Satellite Industries, Inc. 401(k) Login
106 former Satellite Industries, Inc. employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
Satellite Industries, Inc. 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jul 30, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $11.1 million went into the plan in contributions, $5.70 million of it from the employer (51%).
- $10.1 million was paid out to participants.
- Investment and other income added $8.98 million.
- Administrative expenses were $35,471, about $45 per account.
How the Satellite Industries, Inc. 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 551 | $54.4 million | $3.14 million | $2.22 million |
| 2020 | 727 | $67.9 million | $4.66 million | $2.48 million |
| 2021 | 661 | $82.1 million | $4.48 million | $3.12 million |
| 2022 | 872 | $71.6 million | $5.06 million | $5.31 million |
| 2023 | 921 | $82.0 million | $4.40 million | $8.31 million |
| 2024 | 773 | $91.9 million | $5.70 million | $10.1 million |
Satellite Industries, Inc. 401(k) Contact Information
Questions about the Satellite Industries, Inc. 401(k)
Does Satellite Industries, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $5.70 million, 51% of all contributions.
Does the Satellite Industries, Inc 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Satellite Industries, Inc 401(k) plan?
773 participants at the start of plan year 2024, 757 of them active employees, and 106 former employees who still had money in the plan.
What is the average 401(k) balance at Satellite Industries, Inc?
About $115,625 per account: $91.9 million in plan assets across 795 accounts with a balance at the end of plan year 2024.
Who manages the Satellite Industries, Inc 401(k) accounts?
Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Satellite Industries, Inc. How do I access my 401(k)?
Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.