401(k) · DOL Form 5500 · 2022

Salem Holding Company 401(k) Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
797
Participants Near avg headcount
82nd
Percentile by assets National rank
$34,925
Avg per participant Low balance/head
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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.

  • #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.

#5,561
in Wholesale Trade (6,843 peers)
+10.6%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Salem Holding Company 401(k) Profit Sharing Plan's outsized position 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 $2,050,000,000 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 Holding Company 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Salem Holding Company 401(k) Profit Sharing Plan sits mid-pack in the medium band (797 participants).

Plan-year Form 5500 strip

Filing strip 561740888 · Salem Holding Company PY 2022 · 401(k)

Salem Holding Company 401(k) Profit Sharing Plan · $28M · 797 · 82nd

  • EIN $28M
  • RANK 797
  • PHOTO 82nd
  • IND 401(k)
  • EOY near Royal Coffee, Inc. 401(k) Profit Sharing Plan
  • 5500 ind #5561

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 Wholesale Trade retirement plans → · Plans in North Carolina →

Salem Holding Company 401(k) Profit Sharing Plan in the asset neighbourhood

Salem Holding Company 401(k) Profit Sharing PlanSalem Holding Company 401(k)…$28MRoyal Coffee, Inc. 401(k) Profit Sharing PlanRoyal Coffee, Inc. 401(k) Pr…$28MCorsa Coal Napp Division 401(k) Retirement Savings PlanCorsa Coal Napp Division 401…$28MContinental Disc Corporation LLC 401(k) PlanContinental Disc Corporation…$28MG. H. Tool & Mold 401(k) Plan$28M
End-of-year total assets ($M) among Salem Holding Company 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

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)

Sponsor-wide plan assets over time

All Salem Holding Company plans reported in each filing year

Latest sponsor-wide plan assets
$35M 25.052139392850727% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $27.8M $34.8M ▲ +25.0%
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 ($B) Participants Salem Holding Company 401(k) Profit Sharing Plan, Total assets ($B): 0.027835 · Participants: 797Salem Holding Company 401(k) Profit Sharing PlanThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 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 Sharing Plan side-by-side with 3 peers →

Salem Holding Company 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Royal Coffee, Inc. 401(k) Profit Sharing Plan in CA ($28M); by covered participants it is Jump Operations, LLC Employee 401(k) Plan in IL (797 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (797 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 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).
Which 401(k) plans cover a similar participant headcount to Salem Holding Company 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Jump Operations, LLC Employee 401(k) Plan in IL (797 participants, $232M 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 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.