Other · DOL Form 5500 · 2023

Salem Academy and College Retirement Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
90
Participants Small participant base
54th
Percentile by assets National rank
$89,644
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Salem Academy and College Tax Deferred Annuity Plan · Sponsored by Salem Academy and College · North Carolina · Educational Services

$8M in assets, 90 participants

Salem Academy and College's Salem Academy and College Tax Deferred Annuity Plan reported $8M in total assets and 90 participants in its 2023 DOL Form 5500 filing, ranking in the 54th 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.

  • #1,393 in Educational Services (3,735 peers)

2023 asset change

Salem Academy and College Tax Deferred Annuity Plan grew at a solid clip 13.1% in 2023 ($7M → $8M) for 90 participants.

#1,393
in Educational Services (3,735 peers)
+13.1%
assets growth YoY

Salem Academy and College Tax Deferred Annuity Plan's mid-pack asset rank among Educational Services and all filers

Salem Academy and College Tax Deferred Annuity Plan vs every filed plan by assets

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

$8,067,989 Top 46% higher than 54% 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 Academy and College Tax Deferred Annuity Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Salem Academy and College Tax Deferred Annuity Plan is a small filing (90 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Salem Academy and College Tax Deferred Annuity Plan reported net income rose from -$1M in the plan year 2022 filing to $935K in the plan year 2023 filing.
  • Salem Academy and College Tax Deferred Annuity Plan reported participants rose from 76 in the plan year 2022 filing to 90 in the plan year 2023 filing.
  • Salem Academy and College Tax Deferred Annuity Plan end-of-year assets rose from $7M in the plan year 2022 filing to $8M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 560530005 · Salem Academy and College PY 2023 · Other

Salem Academy and College Tax Deferred Annuity Plan · $8M · 90 · 54th

  • NET $8M
  • NET 90
  • NET 54th
  • NET Other
  • NET near Vpchc 403b Plan
  • NET ind #1393

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 Educational Services retirement plans → · Plans in North Carolina →

Salem Academy and College Tax Deferred Annuity Plan in the asset neighbourhood

Ncphs Tax Sheltered Annuity PlanNcphs Tax Sheltered Annuity …$8MPark Day School Defined Contribution Retirement PlanPark Day School Defined Cont…$8MSalem Academy and College Tax Deferred Annuity PlanSalem Academy and College Ta…$8MVpchc 403b Plan$8MOacac Matching Plan$8M
End-of-year total assets ($M) among Salem Academy and College Tax Deferred Annuity Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Salem Academy and College years around the 2023 move

Sponsor-wide plan assets over time

All Salem Academy and College plans reported in each filing year

Latest sponsor-wide plan assets
$33M 7.381496624604009% vs 2022
2024 filing year
$30M$31M$32M$33M$34M 202220232024 $30.8M $33.1M ▲ +7.4%
Year Plans Participants Total Assets
2022 2 159 $31M
2023 2 173 $32M
2024 2 221 $33M

2023 asset-move particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$8M
Net Income$935K
Employer EIN560530005
Plan Effective Date1975-11-01
Filing StatusFILING RECEIVED

Nearby Other Plans in North Carolina

Peer Other plans, same state, same plan type, ranked by total assets.

Salem Academy and College Tax Deferred Annuity Plan vs. nearby Other plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246810 Total assets ($B) Participants Salem Academy and College Tax Deferred Annuity Plan, Total assets ($B): 0.008067989 · Participants: 90Salem Academy and College Tax Deferred Annuity PlanThe Duke University Faculty and Staff Retirement Plan, Total assets ($B): 8.950907627 · Participants: 44809The Duke University Faculty and Staff Retirement PlanWake Forest Baptist Medical Center 403(b) Retirement Savings Plan, Total assets ($B): 3.192820786 · Participants: 18961Wake Forest Baptist Medical Center 403(b) Retirement Savings PlanThe Moses H. Cone Memorial Hospital Voluntary Savings Plan, Total assets ($B): 1.459711813 · Participants: 13606The Moses H. Cone Memorial Hospital Voluntary Savings PlanWake Forest University Retirement Plan, Total assets ($B): 0.797846895 · Participants: 3092Wake Forest University Retirement PlanCaromont Health, Inc. Retirement Savings Plan, Total assets ($B): 0.444128487 · Participants: 4458Caromont Health, Inc. Retirement Savings Plan
Salem Academy and College Tax Deferred Annuity Plan vs. nearby Other plans in North Carolina, assets vs. participants
Compare Salem Academy and College Tax Deferred Annuity Plan side-by-side with 3 peers →

Salem Academy and College Tax Deferred Annuity Plan's out-of-state Other peers by assets and headcount

Outside North Carolina, the nearest Other by assets is Vpchc 403b Plan in IN ($8M); by covered participants it is San Diego Foundation Section 403(b) Plan in CA (90 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($8M here).

Similar participant headcount

Nearest other-state filings by covered participants (90 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 Academy and College Tax Deferred Annuity Plan assets move in 2023? ▼
Salem Academy and College Tax Deferred Annuity Plan grew at a solid clip - up 13.1% during 2023, from $7M to $8M. Reported net income was $935K.
How have Salem Academy and College plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Salem Academy and College's sponsor-wide assets grew 7.4%, from $31M to $33M.
Which Other plans are similar in size to Salem Academy and College Tax Deferred Annuity Plan? ▼
Among Other plans in other states, the closest by assets is Vpchc 403b Plan in IN ($8M, 242 participants).
Which Other plans cover a similar participant headcount to Salem Academy and College Tax Deferred Annuity Plan? ▼
Among Other plans in other states, the closest by covered participants is San Diego Foundation Section 403(b) Plan in CA (90 participants, $15M 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 560530005.

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.