401(k) · DOL Form 5500 · 2023

Salem Media Group, Inc. 401(k) Plan

Data updated 2026-08-25

$122M
Total assets Near avg plan size
1,308
Participants Near avg headcount
92nd
Percentile by assets National rank
$93,137
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Salem Media Group, Inc. Employees 401(k) Plan · Sponsored by Salem Media Group, Inc. · California · Information & Media

$122M in assets, 1,308 participants

Salem Media Group, Inc.'s Salem Media Group, Inc. Employees 401(k) Plan reported $122M in total assets and 1,308 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • #2,505 in Information & Media (2,818 peers)

Coverage in California

Salem Media Group, Inc. Employees 401(k) Plan covers 1,308 participants in California, 2.1x the typical California plan (state average ~630 per filing). Assets: $122M.

#2,505
in Information & Media (2,818 peers)
+15.5%
assets growth YoY
1.2×
vs typical plan assets (national mean)

Salem Media Group, Inc. Employees 401(k) Plan's outsized position by total assets

Salem Media Group, Inc. Employees 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$121,822,957 Top 8% higher than 92% of 127,068 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 2023

Salem Media Group, Inc. Employees 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Salem Media Group, Inc. Employees 401(k) Plan lands in the large band (1,308 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Salem Media Group, Inc. Employees 401(k) Plan reported net income rose from -$13M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Salem Media Group, Inc. Employees 401(k) Plan end-of-year assets rose from $105M in the plan year 2022 filing to $122M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 770121400 · Salem Media Group, Inc. PY 2023 · 401(k)

Salem Media Group, Inc. Employees 401(k) Plan · $122M · 1,308 · 92nd

  • PHOTO $122M
  • IND 1,308
  • EOY 92nd
  • 5500 401(k)
  • ASSETS near Sinch America 401(k) Plan
  • PCT ind #2505

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 Information & Media retirement plans → · Plans in California →

Salem Media Group, Inc. Employees 401(k) Plan in the asset neighbourhood

Hudson Advisors L.P. 401(k) PlanHudson Advisors L.P. 401(k) …$122MSinch America 401(k) Plan$122MSalem Media Group, Inc. Employees 401(k) PlanSalem Media Group, Inc. Empl…$122MOrganogenesis Inc. 401(k) Savings PlanOrganogenesis Inc. 401(k) Sa…$122MGoldberg Kohn Ltd. Individual Account PlanGoldberg Kohn Ltd. Individua…$122M
End-of-year total assets ($M) among Salem Media Group, Inc. Employees 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$105M
Net Assets (End of Year)$122M
Net Income$16M
Employer EIN770121400
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Salem Media Group, Inc.)

Sponsor-wide plan assets over time

All Salem Media Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$128M 21.34034802748357% vs 2022
2024 filing year
$100M$110M$120M$130M$140M 202220232024 $105M $128M ▲ +21.3%
Year Plans Participants Total Assets
2022 1 1,312 $105M
2023 1 1,308 $122M
2024 1 1,305 $128M

Nearby 401(k) Plans in California

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

Salem Media Group, Inc. Employees 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Salem Media Group, Inc. Employees 401(k) Plan, Total assets ($B): 0.121822957 · Participants: 1308Salem Media Group, Inc. Employees 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Salem Media Group, Inc. Employees 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Salem Media Group, Inc. Employees 401(k) Plan side-by-side with 3 peers →

Salem Media Group, Inc. Employees 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Sinch America 401(k) Plan in GA ($122M); by covered participants it is Devry University 401(k) Savings Plan in IL (1,308 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($122M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,308 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Salem Media Group, Inc. Employees 401(k) Plan assets move in 2023? ▼
Salem Media Group, Inc. Employees 401(k) Plan grew sharply - up 15.5% during 2023, from $105M to $122M. Reported net income was $16M.
How have Salem Media Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Salem Media Group, Inc.'s sponsor-wide assets grew 21.3%, from $105M to $128M.
Where does Salem Media Group, Inc. Employees 401(k) Plan rank by assets among Form 5500 filers? ▼
Salem Media Group, Inc. Employees 401(k) Plan ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Salem Media Group, Inc. Employees 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sinch America 401(k) Plan in GA ($122M, 553 participants).
Which 401(k) plans cover a similar participant headcount to Salem Media Group, Inc. Employees 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Devry University 401(k) Savings Plan in IL (1,308 participants, $194M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 770121400.

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.