401(k)
2022 plan-year 401(k) DOL Form 5500

Pohanka of Salisbury, Inc. 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Pohanka of Salisbury, Inc. · Virginia · Retail Trade

What the 2023 filing shows

Pohanka of Salisbury, Inc. 401(k) Plan holds $14M for 378 participants — about $36,182 per participant, down 1.8% over the 2022 plan year.

$14M
total plan assets (2022 EOY)
378
covered participants
$36,182
avg assets per participant
-1.8%
assets change YoY

The plan reported a net loss of $255K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$14M
Participants
378
State
Industry
Retail Trade

What the Filing Says About Pohanka of Salisbury, Inc. 401(k) Plan

Pohanka of Salisbury, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Pohanka of Salisbury, Inc., headquartered in Virginia. As of the 2022 Form 5500 filing, the plan reports $14M in total end-of-year assets and covers 378 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 522156395, and the plan has been effective since 1975-08-25. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $14M at the beginning of 2022 to $14M at year-end — a decline of 1.8%. Net assets (after liabilities) closed the year at $14M, with reported net income of $-255,335 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$14M
Total Assets (End of Year)$14M
Net Assets (End of Year)$14M
Net Income$-255,335
Plan Type401(k)
Employer EIN522156395
Plan Effective Date1975-08-25
Filing StatusFILING RECEIVED

Sponsor Plan History (Pohanka of Salisbury, Inc.)

Year Plans Participants Total Assets
2022 1 378 $14M
2023 1 505 $18M
2024 1 536 $21M

Nearby 401(k) Plans in Virginia

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Frequently Asked Questions

How much money is in the Pohanka of Salisbury, Inc. 401(k) Plan?
As of the 2022 Form 5500 filing, Pohanka of Salisbury, Inc. 401(k) Plan holds $14M in total assets with 378 participants. It is sponsored by Pohanka of Salisbury, Inc..
What type of plan is Pohanka of Salisbury, Inc. 401(k) Plan?
Pohanka of Salisbury, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 1975-08-25. The plan is filed with the U.S. Department of Labor under EIN 522156395.
Who sponsors the Pohanka of Salisbury, Inc. 401(k) Plan?
Pohanka of Salisbury, Inc. 401(k) Plan is sponsored by Pohanka of Salisbury, Inc., located in Virginia. The sponsor's EIN is 522156395 and the plan operates in the Retail Trade industry.
How did Pohanka of Salisbury, Inc. 401(k) Plan perform in 2022?
Pohanka of Salisbury, Inc. 401(k) Plan declined by 1.8% during 2022, moving from $14M to $14M in total assets. Net income was $-255,335.
Where can I find official filings for Pohanka of Salisbury, Inc. 401(k) Plan?
Official Form 5500 filings for Pohanka of Salisbury, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 522156395 or plan name at efast.dol.gov.
How does Pohanka of Salisbury, Inc. 401(k) Plan compare to other plans?
You can compare Pohanka of Salisbury, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Virginia on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 522156395.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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