ESOP · DOL Form 5500 · 2022

Salem Fabrication Technologies Group, Inc. ESOP

Data updated 2026-08-25

$20M
Total assets Small plan by assets
66
Participants Small participant base
77th
Percentile by assets National rank
$307,330
Avg per participant High balance/head
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Official DOL plan name: Salem Fabrication Technologies Group, Inc. Employee Stock Ownership Plan · Sponsored by Salem Fabrication Technologies Group, Inc. · North Carolina · Wholesale Trade

$20M in assets, 66 participants

Salem Fabrication Technologies Group, Inc.'s Salem Fabrication Technologies Group, Inc. Employee Stock Ownership Plan reported $20M in total assets and 66 participants in its 2022 DOL Form 5500 filing, ranking in the 77th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #5,138 in Wholesale Trade (6,843 peers)

Where Salem Fabrication Technologies Group, Inc. Employee Stock Ownership Plan sits by assets

Salem Fabrication Technologies Group, Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $20M for 66 participants (~$307,330/participant), up 20.7% in 2022.

#5,138
in Wholesale Trade (6,843 peers)
+20.7%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Salem Fabrication Technologies Group, Inc. Employee Stock Ownership Plan's outsized position by total assets

Salem Fabrication Technologies Group, Inc. Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$20,283,767 Top 23% higher than 77% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Salem Fabrication Technologies Group, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Salem Fabrication Technologies Group, Inc. Employee Stock Ownership Plan is a small filing (66 participants) on this national headcount ladder.

DOL schedule card

Filing strip 561018012 · Salem Fabrication Technologies Group, Inc. PY 2022 · ESOP

Salem Fabrication Technologies Group, Inc. Employee Stock Ownership Plan · $20M · 66 · 77th

  • IND $20M
  • EOY 66
  • 5500 77th
  • ASSETS ESOP
  • PCT near Fpl Advisory Group Holdings Co. Employee Stock Ownership Plan
  • EIN ind #5138

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with What is an ESOP? → · Plans in North Carolina →

Salem Fabrication Technologies Group, Inc. Employee Stock Ownership Plan in the asset neighbourhood

T.W. Frierson Contractor, Inc. Employee Stock Ownership PlanT.W. Frierson Contractor, In…$20MSalem Fabrication Technologies Group, Inc. Employee Stock Ownership PlanSalem Fabrication Technologi…$20MFpl Advisory Group Holdings Co. Employee Stock Ownership PlanFpl Advisory Group Holdings …$20MPipe Distributors, Inc. Employee Stock Ownership PlanPipe Distributors, Inc. Empl…$20MGibson Insurance Agency, Inc. Employee Stock Ownership PlanGibson Insurance Agency, Inc…$20M
End-of-year total assets ($M) among Salem Fabrication Technologies Group, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$16M
Net Income$3M
Employer EIN561018012
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Salem Fabrication Technologies Group, Inc.)

Sponsor-wide plan assets over time

All Salem Fabrication Technologies Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$23M 11.103593331554244% vs 2022
2024 filing year
$18M$20M$22M$24M$26M$28M 202220232024 $20.3M $22.5M ▲ +11.1%
Year Plans Participants Total Assets
2022 1 66 $20M
2023 1 62 $26M
2024 1 65 $23M

Nearby ESOP Plans in North Carolina

Peer ESOP plans, same state, same plan type, ranked by total assets.

Salem Fabrication Technologies Group, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -0.500.511.52 Total assets ($B) Participants Salem Fabrication Technologies Group, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.020283767 · Participants: 66Salem Fabrication Technologies Group, Inc. Employee Stock Ownership PlanOld Dominion 401(k) Retirement Plan, Total assets ($B): 1.794370156 · Participants: 24080Old Dominion 401(k) Retirement PlanColumbia Forest Products, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.183667115 · Participants: 1322Columbia Forest Products, Inc. Employee Stock Ownership Plan and TrustState Utility Contractors, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.082312735 · Participants: 147State Utility Contractors, Inc. Employee Stock Ownership PlanRobert E. Mason & Associates, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.077703602 · Participants: 250Robert E. Mason & Associates, Inc. Employee Stock Ownership PlanMckim & Creed, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.071758417 · Participants: 790Mckim & Creed, Inc. Employee Stock Ownership Plan
Salem Fabrication Technologies Group, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants
Compare Salem Fabrication Technologies Group, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Salem Fabrication Technologies Group, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside North Carolina, the nearest ESOP by assets is Fpl Advisory Group Holdings Co. Employee Stock Ownership Plan in IL ($20M); by covered participants it is Agvise Laboratories, Inc. Employee Stock Ownership Plan in ND (66 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Salem Fabrication Technologies Group, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Salem Fabrication Technologies Group, Inc. Employee Stock Ownership Plan grew sharply - up 20.7% during 2022, from $17M to $20M. Reported net income was $3M.
How have Salem Fabrication Technologies Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Salem Fabrication Technologies Group, Inc.'s sponsor-wide assets grew 11.1%, from $20M to $23M.
Where does Salem Fabrication Technologies Group, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Salem Fabrication Technologies Group, Inc. Employee Stock Ownership Plan ranks in the 77th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Salem Fabrication Technologies Group, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Fpl Advisory Group Holdings Co. Employee Stock Ownership Plan in IL ($20M, 54 participants).
Which ESOP plans cover a similar participant headcount to Salem Fabrication Technologies Group, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Agvise Laboratories, Inc. Employee Stock Ownership Plan in ND (66 participants, $38M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 561018012.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.