Other · DOL Form 5500 · 2022

Salem Academy and College Retirement Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
76
Participants Small participant base
58th
Percentile by assets National rank
$93,861
Avg per participant Below avg balance/head
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Official DOL plan name: Salem Academy and College Tax Deferred Annuity Plan · Sponsored by Salem Academy and College · North Carolina · Educational Services

$7M in assets, 76 participants

Salem Academy and College's Salem Academy and College Tax Deferred Annuity Plan reported $7M in total assets and 76 participants in its 2022 DOL Form 5500 filing, ranking in the 58th 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.

  • #1,668 in Educational Services (4,024 peers)

2022 asset change

Salem Academy and College Tax Deferred Annuity Plan declined sharply 15.1% in 2022 ($8M → $7M) for 76 participants.

#1,668
in Educational Services (4,024 peers)
-15.1%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Salem Academy and College Tax Deferred Annuity Plan's mid-pack asset rank among Educational Services and all filers

Salem Academy and College Tax Deferred Annuity Plan vs every filed plan by assets

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

$7,133,460 Top 42% higher than 58% 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 Academy and College Tax Deferred Annuity 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 Academy and College Tax Deferred Annuity Plan is a small filing (76 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 560530005 · Salem Academy and College PY 2022 · Other

Salem Academy and College Tax Deferred Annuity Plan · $7M · 76 · 58th

  • NET $7M
  • BOOK 76
  • VS-ST 58th
  • BOY Other
  • SCH near Maimonides Academy 403b Plan - Plan# 346962
  • EBSA ind #1668

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 Educational Services retirement plans → · Plans in North Carolina →

Salem Academy and College Tax Deferred Annuity Plan in the asset neighbourhood

Morgan Memorial Goodwill Industries Inc 403 (B) Retirement PlanMorgan Memorial Goodwill Ind…$7MSt. Josephs Villa 403b Plan$7MSalem Academy and College Tax Deferred Annuity PlanSalem Academy and College Ta…$7MMaimonides Academy 403b Plan - Plan# 346962Maimonides Academy 403b Plan…$7MMiles College Defined Contribution PlanMiles College Defined Contri…$7M
End-of-year total assets ($M) among Salem Academy and College Tax Deferred Annuity Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2022.

Salem Academy and College years around the 2022 move

Sponsor-wide plan assets over time

All Salem Academy and College plans reported in each filing year

Latest sponsor-wide plan assets
$33M 7.381496624604009% vs 2022
2024 filing year
$30M$31M$32M$33M$34M 202220232024 $30.8M $33.1M ▲ +7.4%
Year Plans Participants Total Assets
2022 2 159 $31M
2023 2 173 $32M
2024 2 221 $33M

2022 asset-move particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$7M
Net Income-$1M
Employer EIN560530005
Plan Effective Date1975-11-01
Filing StatusFILING RECEIVED

Nearby Other Plans in North Carolina

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

Salem Academy and College Tax Deferred Annuity Plan vs. nearby Other plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -202468 Total assets ($B) Participants Salem Academy and College Tax Deferred Annuity Plan, Total assets ($B): 0.00713346 · Participants: 76Salem Academy and College Tax Deferred Annuity PlanThe Duke University Faculty and Staff Retirement Plan, Total assets ($B): 7.562740816 · Participants: 43924The Duke University Faculty and Staff Retirement PlanWake Forest Baptist Medical Center 403(b) Retirement Savings Plan, Total assets ($B): 2.676072314 · Participants: 20031Wake Forest Baptist Medical Center 403(b) Retirement Savings PlanThe Moses H. Cone Memorial Hospital Voluntary Savings Plan, Total assets ($B): 1.233882537 · Participants: 13292The Moses H. Cone Memorial Hospital Voluntary Savings PlanWake Forest University Retirement Plan, Total assets ($B): 0.686528413 · Participants: 2632Wake Forest University Retirement PlanCaromont Health, Inc. Retirement Savings Plan, Total assets ($B): 0.374675935 · Participants: 4211Caromont Health, Inc. Retirement Savings Plan
Salem Academy and College Tax Deferred Annuity Plan vs. nearby Other plans in North Carolina, assets vs. participants
Compare Salem Academy and College Tax Deferred Annuity Plan side-by-side with 3 peers →

Salem Academy and College Tax Deferred Annuity Plan's out-of-state Other peers by assets and headcount

Outside North Carolina, the nearest Other by assets is Maimonides Academy 403b Plan - Plan# 346962 in CA ($7M); by covered participants it is Cgfns International, Inc. 403(b) Plan in PA (76 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (76 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 Academy and College Tax Deferred Annuity Plan assets move in 2022? ▼
Salem Academy and College Tax Deferred Annuity Plan declined sharply - down 15.1% during 2022, from $8M to $7M. Reported net income was -$1M.
How have Salem Academy and College plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Salem Academy and College's sponsor-wide assets grew 7.4%, from $31M to $33M.
Which Other plans are similar in size to Salem Academy and College Tax Deferred Annuity Plan? ▼
Among Other plans in other states, the closest by assets is Maimonides Academy 403b Plan - Plan# 346962 in CA ($7M, 117 participants).
Which Other plans cover a similar participant headcount to Salem Academy and College Tax Deferred Annuity Plan? ▼
Among Other plans in other states, the closest by covered participants is Cgfns International, Inc. 403(b) Plan in PA (76 participants, $6M 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 560530005.

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.