401(k) · DOL Form 5500 · 2022

Salem One, Inc. 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
127
Participants Small participant base
55th
Percentile by assets National rank
$49,533
Avg per participant Low balance/head
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Official DOL plan name: Salem One, Inc. Employees Savings Trust · Sponsored by Salem One, Inc. · North Carolina · Manufacturing

$6M in assets, 127 participants

Salem One, Inc.'s Salem One, Inc. Employees Savings Trust reported $6M in total assets and 127 participants in its 2022 DOL Form 5500 filing, ranking in the 55th 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.

  • #8,299 in Manufacturing (20,602 peers)

Coverage in North Carolina

Salem One, Inc. Employees Savings Trust covers 127 participants in North Carolina, about 16% of the average North Carolina filer (state average ~819 per filing). Assets: $6M.

#8,299
in Manufacturing (20,602 peers)
-12.5%
assets change YoY

The plan reported a net loss of $902K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Salem One, Inc. Employees Savings Trust's mid-pack asset rank among Manufacturing and all filers

Salem One, Inc. Employees Savings Trust vs every filed plan by assets

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

$6,290,684 Top 45% higher than 55% 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 One, Inc. Employees Savings Trust among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Salem One, Inc. Employees Savings Trust sits mid-pack in the medium band (127 participants).

Form 5500 schedule snapshot

Filing strip 561550868 · Salem One, Inc. PY 2022 · 401(k)

Salem One, Inc. Employees Savings Trust · $6M · 127 · 55th

  • BOY $6M
  • SCH 127
  • EBSA 55th
  • PART 401(k)
  • TYPE near Titus Brueckner & Levine PLC Profit Sharing Plan and Trust
  • NET ind #8299

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 Manufacturing retirement plans → · Plans in North Carolina →

Salem One, Inc. Employees Savings Trust in the asset neighbourhood

Salem One, Inc. Employees Savings TrustSalem One, Inc. Employees Sa…$6MTitus Brueckner & Levine PLC Profit Sharing Plan and TrustTitus Brueckner & Levine PLC…$6MInfosend, Inc. 401(k) Profit Sharing PlanInfosend, Inc. 401(k) Profit…$6MBull Moose Heavy Haul, Inc 401(k) PlanBull Moose Heavy Haul, Inc 4…$6MMeridian Trust Federal Credit Union Retirement Savings PlanMeridian Trust Federal Credi…$6M
End-of-year total assets ($M) among Salem One, Inc. Employees Savings Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$6M
Net Income-$902K
Employer EIN561550868
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Salem One, Inc.)

Sponsor-wide plan assets over time

All Salem One, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$11M 73.31773460564861% vs 2022
2024 filing year
$4M$6M$8M$10M$12M 202220232024 $6.29M $10.9M ▲ +73.3%
Year Plans Participants Total Assets
2022 1 127 $6M
2023 1 117 $8M
2024 1 111 $11M

Nearby 401(k) Plans in North Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Salem One, Inc. Employees Savings Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Salem One, Inc. Employees Savings Trust, Total assets ($B): 0.006290684 · Participants: 127Salem One, Inc. Employees Savings TrustThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
Salem One, Inc. Employees Savings Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants

Salem One, Inc. Employees Savings Trust's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Titus Brueckner & Levine PLC Profit Sharing Plan and Trust in AZ ($6M); by covered participants it is Accudata Systems, Inc. 401(k) Profit Sharing Plan in TX (127 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (127 participants); asset peers above are excluded.

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 One, Inc. Employees Savings Trust assets move in 2022?
Salem One, Inc. Employees Savings Trust pulled back noticeably - down 12.5% during 2022, from $7M to $6M. Reported net income was -$902K.
How have Salem One, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Salem One, Inc.'s sponsor-wide assets grew 73.3%, from $6M to $11M.
Which 401(k) plans are similar in size to Salem One, Inc. Employees Savings Trust?
Among 401(k) plans in other states, the closest by assets is Titus Brueckner & Levine PLC Profit Sharing Plan and Trust in AZ ($6M, 19 participants).
Which 401(k) plans cover a similar participant headcount to Salem One, Inc. Employees Savings Trust?
Among 401(k) plans in other states, the closest by covered participants is Accudata Systems, Inc. 401(k) Profit Sharing Plan in TX (127 participants, N/A in assets).