401(k) · DOL Form 5500 · 2023

The Salem Group1 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
465
Participants Below avg headcount
41st
Percentile by assets National rank
$8,863
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: The Salem Group 401(k) Plan · Sponsored by The Salem Group1 · Illinois · Administrative & Support Services

$4M in assets, 465 participants

The Salem Group1's The Salem Group 401(k) Plan reported $4M in total assets and 465 participants in its 2023 DOL Form 5500 filing, ranking in the 41st 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.

  • #2,796 in Administrative & Support Services (4,372 peers)

Administrative & Support Services sector rank

Within Administrative & Support Services, The Salem Group 401(k) Plan ranks #2,796 of 4,372 2023 filers by assets (700% of the sector average)-$4M for 465 participants.

#2,796
in Administrative & Support Services (4,372 peers)
+37.9%
assets growth YoY

The Salem Group 401(k) Plan's mid-pack asset rank among Administrative & Support Services and all filers

The Salem Group 401(k) Plan vs every filed plan by assets

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

$4,121,393 41st percentile higher than 41% 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

The Salem Group 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Salem Group 401(k) Plan sits mid-pack in the medium band (465 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Salem Group 401(k) Plan reported net income rose from -$42K in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • The Salem Group 401(k) Plan reported participants rose from 150 in the plan year 2022 filing to 465 in the plan year 2023 filing.
  • The Salem Group 401(k) Plan end-of-year assets rose from $3M in the plan year 2022 filing to $4M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 800074897 · The Salem Group1 PY 2023 · 401(k)

The Salem Group 401(k) Plan · $4M · 465 · 41st

  • RANK $4M
  • PHOTO 465
  • IND 41st
  • EOY 401(k)
  • 5500 near Caravan Facilities Management Non Union 401(k) Plan
  • ASSETS ind #2796

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 Administrative & Support Services retirement plans → · Plans in Illinois →

The Salem Group 401(k) Plan in the asset neighbourhood

The Salem Group 401(k) Plan$4MCaravan Facilities Management Non Union 401(k) PlanCaravan Facilities Managemen…$4MRobert a. Baptiste Profit Sharing PlanRobert a. Baptiste Profit Sh…$4MPrint-2-Print LLC 401(k) Profit Sharing PlanPrint-2-Print LLC 401(k) Pro…$4MCoastal Energy Corporation 401(k) Profit Sharing PlanCoastal Energy Corporation 4…$4M
End-of-year total assets ($M) among The Salem Group 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Administrative & Support Services filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$1M
Employer EIN800074897
Plan Effective Date1998-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Salem Group1)

Sponsor-wide plan assets over time

All The Salem Group1 plans reported in each filing year

Latest sponsor-wide plan assets
$5M 60.482441460377814% vs 2022
2024 filing year
$2M$3M$4M$5M 202220232024 $2.99M $4.79M ▲ +60.2%
Year Plans Participants Total Assets
2022 1 150 $3M
2023 1 465 $4M
2024 1 191 $5M

Nearby 401(k) Plans in Illinois

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

The Salem Group 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants The Salem Group 401(k) Plan, Total assets ($B): 0.004121393 · Participants: 465The Salem Group 401(k) PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
The Salem Group 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare The Salem Group 401(k) Plan side-by-side with 3 peers →

The Salem Group 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Caravan Facilities Management Non Union 401(k) Plan in MI ($4M); by covered participants it is Iteris, Inc 401(k) and Stock Ownership Plan in CA (465 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (465 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 The Salem Group 401(k) Plan assets move in 2023? ▼
The Salem Group 401(k) Plan surged - up 37.9% during 2023, from $3M to $4M. Reported net income was $1M.
How have The Salem Group1 plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Salem Group1's sponsor-wide assets grew 60.5%, from $3M to $5M.
Which 401(k) plans are similar in size to The Salem Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Caravan Facilities Management Non Union 401(k) Plan in MI ($4M, 371 participants).
Which 401(k) plans cover a similar participant headcount to The Salem Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Iteris, Inc 401(k) and Stock Ownership Plan in CA (465 participants, $84M 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 800074897.

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.