Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

SALEM COMMUNITY HOSPITAL RETIREMENT PLAN

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

SALEM COMMUNITY HOSPITAL

This Defined Benefit (Pension) plan holds $42K in total assets and serves 251 participants as of 2022. It is sponsored by SALEM COMMUNITY HOSPITAL in Ohio. The plan reported a net loss of $44M for the year.

Total Assets (2023)
$42K
Participants
251
State
Industry
Healthcare & Social Assistance

What the Filing Says About SALEM COMMUNITY HOSPITAL RETIREMENT PLAN

SALEM COMMUNITY HOSPITAL RETIREMENT PLAN is a Defined Benefit (Pension) retirement plan sponsored by SALEM COMMUNITY HOSPITAL, headquartered in Ohio. As of the 2022 Form 5500 filing, the plan reports $42K in total end-of-year assets and covers 251 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 341041385, and the plan has been effective since 1970-09-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $44M at the beginning of 2022 to $42K at year-end — a decline of 99.9%. Net assets (after liabilities) closed the year at $42K, with reported net income of $-43,511,360 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)$44M
Total Assets (End of Year)$42K
Net Assets (End of Year)$42K
Net Income$-43,511,360
Plan TypeDefined Benefit (Pension)
Employer EIN341041385
Plan Effective Date1970-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (SALEM COMMUNITY HOSPITAL)

Year Plans Participants Total Assets
2022 3 941 $33M
2023 2 595 $40M
2024 2 493 $44M

Nearby Defined Benefit (Pension) Plans in Ohio

Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the SALEM COMMUNITY HOSPITAL RETIREMENT PLAN?
As of the 2022 Form 5500 filing, SALEM COMMUNITY HOSPITAL RETIREMENT PLAN holds $42K in total assets with 251 participants. It is sponsored by SALEM COMMUNITY HOSPITAL.
What type of plan is SALEM COMMUNITY HOSPITAL RETIREMENT PLAN?
SALEM COMMUNITY HOSPITAL RETIREMENT PLAN is a Defined Benefit (Pension) plan. It has been effective since 1970-09-01. The plan is filed with the U.S. Department of Labor under EIN 341041385.
Who sponsors the SALEM COMMUNITY HOSPITAL RETIREMENT PLAN?
SALEM COMMUNITY HOSPITAL RETIREMENT PLAN is sponsored by SALEM COMMUNITY HOSPITAL, located in Ohio. The sponsor's EIN is 341041385 and the plan operates in the Healthcare & Social Assistance industry.
How did SALEM COMMUNITY HOSPITAL RETIREMENT PLAN perform in 2022?
SALEM COMMUNITY HOSPITAL RETIREMENT PLAN declined by 99.9% during 2022, moving from $44M to $42K in total assets. Net income was $-43,511,360.
Where can I find official filings for SALEM COMMUNITY HOSPITAL RETIREMENT PLAN?
Official Form 5500 filings for SALEM COMMUNITY HOSPITAL RETIREMENT PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 341041385 or plan name at efast.dol.gov.
How does SALEM COMMUNITY HOSPITAL RETIREMENT PLAN compare to other plans?
You can compare SALEM COMMUNITY HOSPITAL RETIREMENT PLAN against other Defined Benefit (Pension) plans on the plan type page, or view plans in Ohio 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 341041385.

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 official public datasets. See our methodology for details.