401(k) · DOL Form 5500 · 2023

Saloncentric, Inc. 401(k) Plan

Data updated 2026-08-11

$165M
Total assets
3,694
Participants
94th
Percentile by assets
$44,796
Avg per participant
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Official DOL plan name: Saloncentric Inc. 401(k) Plan · Sponsored by Saloncentric, Inc. · New Jersey · Wholesale Trade

$165M in assets, 3,694 participants

Saloncentric, Inc.'s Saloncentric Inc. 401(k) Plan reported $165M in total assets and 3,694 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 127,072 plans)
  • #6,014 in Wholesale Trade (6,309 peers)

Coverage in New Jersey

Saloncentric Inc. 401(k) Plan covers 3,694 participants in New Jersey, 4.4x the typical New Jersey plan (state average ~844 per filing). Assets: $165M.

$165M
total plan assets (2023 EOY)
3,694
covered participants
94th
percentile by assets (of 127,072 plans)
$44,796
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Saloncentric Inc. 401(k) Plan reported net income rose from -$22M in the plan year 2022 filing to $29M in the plan year 2023 filing.
  • Saloncentric Inc. 401(k) Plan end-of-year assets rose from $137M in the plan year 2022 filing to $165M in the plan year 2023 filing.
  • Saloncentric Inc. 401(k) Plan reported participants rose from 3,466 in the plan year 2022 filing to 3,694 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. Saloncentric Inc. 401(k) Plan reports 3,694 participants - 4.4x that state average ($165M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$137M
Net Assets (End of Year)$165M
Net Income$29M
Employer EIN912062018
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Saloncentric, Inc.)

$130M$140M$150M$160M$170M$180M 202220232024 $137M $167M ▲ +22.5%
Total plan assets by year, all Saloncentric, Inc. plans on file
Year Plans Participants Total Assets
2022 1 3,466 $137M
2023 1 3,694 $165M
2024 1 3,774 $167M

Nearby 401(k) Plans in New Jersey

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

Saloncentric Inc. 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Saloncentric Inc. 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Saloncentric Inc. 40…JPMorgan Chase 401(k…Verizon Savings Plan…Johnson and Johnson …Ernst & Young Retire…Merck US Savings Plan
Saloncentric Inc. 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Saloncentric Inc. 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Saloncentric Inc. 401(k) Plan assets move in 2023?
Saloncentric Inc. 401(k) Plan grew sharply - up 21.1% during 2023, from $137M to $165M. Reported net income was $29M.
How have Saloncentric, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Saloncentric, Inc.'s sponsor-wide assets grew 22.5%, from $137M to $167M.
Where does Saloncentric Inc. 401(k) Plan rank by assets among Form 5500 filers?
Saloncentric Inc. 401(k) Plan ranks in the 94th 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 Saloncentric Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Hei Hotels and Resorts 401(k) Plan in CT ($165M, 9,086 participants).

Next read for Saloncentric Inc. 401(k) Plan

Filing takeaways

Ways to act on Saloncentric Inc. 401(k) Plan's numbers.