401(k) · DOL Form 5500 · 2022

Salem Holding Company 401(k) Plan

Data updated 2026-08-11

$28M
Total assets
797
Participants
82nd
Percentile by assets
$34,925
Avg per participant
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Official DOL plan name: Salem Holding Company 401(k) Profit Sharing Plan · Sponsored by Salem Holding Company · North Carolina · Wholesale Trade

$28M in assets, 797 participants

Salem Holding Company's Salem Holding Company 401(k) Profit Sharing Plan reported $28M in total assets and 797 participants in its 2022 DOL Form 5500 filing, ranking in the 82nd 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.

  • 82nd percentile by assets (of 139,126 plans)
  • #5,561 in Wholesale Trade (6,843 peers)

Where Salem Holding Company 401(k) Profit Sharing Plan sits by assets

Salem Holding Company 401(k) Profit Sharing Plan sits in the top quartile of all filed plans by assets, $28M for 797 participants (~$34,925/participant), up 10.6% in 2022.

$28M
total plan assets (2022 EOY)
797
covered participants
82nd
percentile by assets (of 139,126 plans)
$34,925
avg assets per participant

Where Salem Holding Company 401(k) Profit Sharing Plan sits by total assets

Salem Holding Company 401(k) Profit Sharing Plan vs every filed plan by assets

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

$27,835,000 Top 18% higher than 82% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
North Carolina
Industry
Wholesale Trade

Salem Holding Company 401(k) Profit Sharing Plan vs the 2022 asset distribution

By assets, Salem Holding Company 401(k) Profit Sharing Plan outranks 82% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$28M
Net Income$3M
Employer EIN561740888
Plan Effective Date1987-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Salem Holding Company)

$25M$30M$35M$40M 202220232024 $27.8M $34.8M ▲ +25.0%
Total plan assets by year, all Salem Holding Company plans on file
Year Plans Participants Total Assets
2022 1 797 $28M
2023 1 831 $32M
2024 1 818 $35M

Nearby 401(k) Plans in North Carolina

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

Salem Holding Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Salem Holding Compan…, Total assets ($B): 0.027835 · Participants: 797Salem Holding Compan…The Bank of America …, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America …Honeywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retireme…, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retireme…Truist Financial Cor…, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Cor…Lowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
Salem Holding Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Salem Holding Company 401(k) Profit Shar… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Salem Holding Company 401(k) Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Salem Holding Company 401(k) Profit Sharing Plan assets move in 2022? ▼
Salem Holding Company 401(k) Profit Sharing Plan grew at a solid clip - up 10.6% during 2022, from $25M to $28M. Reported net income was $3M.
How have Salem Holding Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Salem Holding Company's sponsor-wide assets grew 25.1%, from $28M to $35M.
Where does Salem Holding Company 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Salem Holding Company 401(k) Profit Sharing Plan ranks in the 82nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Salem Holding Company 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Royal Coffee, Inc. 401(k) Profit Sharing Plan in CA ($28M, 63 participants).

Next read for Salem Holding Company 401(k) Profit Shar…

Scale reading

Ways to act on Salem Holding Company 401(k) Profit Sharing Plan's numbers.

  • By total assets, Salem Holding Company 401(k) Profit Sharing Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in North Carolina. Compare plans
  • Salem Holding Company's sponsor-wide assets have grown 25.1% since 2022 across 3 plan years on file. More Wholesale Trade plans

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 561740888.

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.