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

Salter Healthcare, Inc 401(k) Savings Plan

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

Sponsored by Stellar Health Management LLC · Massachusetts · Healthcare & Social Assistance

What the 2023 filing shows

Salter Healthcare, Inc 401(k) Savings Plan holds $10M for 596 participants — about $17,454 per participant, down 14.0% over the 2022 plan year.

$10M
total plan assets (2022 EOY)
596
covered participants
$17,454
avg assets per participant
-14.0%
assets change YoY

The plan reported a net loss of $2M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$10M
Participants
596
Industry
Healthcare & Social Assistance

What the Filing Says About Salter Healthcare, Inc 401(k) Savings Plan

Salter Healthcare, Inc 401(k) Savings Plan is a 401(k) retirement plan sponsored by Stellar Health Management LLC, headquartered in Massachusetts. As of the 2022 Form 5500 filing, the plan reports $10M in total end-of-year assets and covers 596 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 873557707, and the plan has been effective since 1992-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $12M at the beginning of 2022 to $10M at year-end — a decline of 14.0%. Net assets (after liabilities) closed the year at $10M, with reported net income of $-1,689,963 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 1 prior plan-year filing 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)$12M
Total Assets (End of Year)$10M
Net Assets (End of Year)$10M
Net Income$-1,689,963
Plan Type401(k)
Employer EIN873557707
Plan Effective Date1992-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Stellar Health Management LLC)

Year Plans Participants Total Assets
2022 1 596 $10M
2023 1 557 $11M

Nearby 401(k) Plans in Massachusetts

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Frequently Asked Questions

How much money is in the Salter Healthcare, Inc 401(k) Savings Plan?
As of the 2022 Form 5500 filing, Salter Healthcare, Inc 401(k) Savings Plan holds $10M in total assets with 596 participants. It is sponsored by Stellar Health Management LLC.
What type of plan is Salter Healthcare, Inc 401(k) Savings Plan?
Salter Healthcare, Inc 401(k) Savings Plan is a 401(k) plan. It has been effective since 1992-07-01. The plan is filed with the U.S. Department of Labor under EIN 873557707.
Who sponsors the Salter Healthcare, Inc 401(k) Savings Plan?
Salter Healthcare, Inc 401(k) Savings Plan is sponsored by Stellar Health Management LLC, located in Massachusetts. The sponsor's EIN is 873557707 and the plan operates in the Healthcare & Social Assistance industry.
How did Salter Healthcare, Inc 401(k) Savings Plan perform in 2022?
Salter Healthcare, Inc 401(k) Savings Plan declined by 14.0% during 2022, moving from $12M to $10M in total assets. Net income was $-1,689,963.
Where can I find official filings for Salter Healthcare, Inc 401(k) Savings Plan?
Official Form 5500 filings for Salter Healthcare, Inc 401(k) Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 873557707 or plan name at efast.dol.gov.
How does Salter Healthcare, Inc 401(k) Savings Plan compare to other plans?
You can compare Salter Healthcare, Inc 401(k) Savings Plan against other 401(k) plans on the plan type page, or view plans in Massachusetts 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 873557707.

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.