401(k) · DOL Form 5500 · 2024

Salem Media Group, Inc. 401(k) Plan

Data updated 2026-08-25

$128M
Total assets Near avg plan size
1,305
Participants Near avg headcount
92nd
Percentile by assets National rank
$98,045
Avg per participant Below avg balance/head
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Official DOL plan name: Salem Media Group, Inc. Employees 401(k) Plan · Sponsored by Salem Media Group, Inc. · California · Information & Media

$128M in assets, 1,305 participants

Salem Media Group, Inc.'s Salem Media Group, Inc. Employees 401(k) Plan reported $128M in total assets and 1,305 participants in its 2024 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.

  • #2,499 in Information & Media (2,822 peers)

Coverage in California

Salem Media Group, Inc. Employees 401(k) Plan covers 1,305 participants in California, 2.1x the typical California plan (state average ~630 per filing). Assets: $128M.

#2,499
in Information & Media (2,822 peers)
+5.0%
assets growth YoY
1.3×
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 2024 · DOL Form 5500

$127,948,871 Top 8% higher than 92% of 123,620 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 2024

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

Plan-year 2024 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 (1,305 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Salem Media Group, Inc. Employees 401(k) Plan reported net income fell from $16M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Salem Media Group, Inc. Employees 401(k) Plan end-of-year assets rose from $122M in the plan year 2023 filing to $128M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 770121400 · Salem Media Group, Inc. PY 2024 · 401(k)

Salem Media Group, Inc. Employees 401(k) Plan · $128M · 1,305 · 92nd

  • IND $128M
  • EOY 1,305
  • 5500 92nd
  • ASSETS 401(k)
  • PCT near Power 401(k) Retirement Plan and Trust
  • EIN ind #2499

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

Salem Media Group, Inc. Employees 401(k) PlanSalem Media Group, Inc. Empl…$128MPower 401(k) Retirement Plan and TrustPower 401(k) Retirement Plan…$128MStructure Man Holding Company, Inc. Teammate Stock Ownership and 401(k) PlanStructure Man Holding Compan…$128MArch Global Holdings, LLC 401(k) PlanArch Global Holdings, LLC 40…$128MCombe Incorporated Employees Savings PlanCombe Incorporated Employees…$128M
End-of-year total assets ($M) among Salem Media Group, Inc. Employees 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$122M
Net Assets (End of Year)$128M
Net Income$6M
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. -50000050000100000150000 -200204060 Total assets ($B) Participants Salem Media Group, Inc. Employees 401(k) Plan, Total assets ($B): 0.127948871 · Participants: 1305Salem Media Group, Inc. Employees 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 48.738057415 · Participants: 116712Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 31.02646504 · Participants: 58962Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 24.850880304 · Participants: 55298Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 24.714519387 · Participants: 101450Apple 401(k) PlanCisco Systems,Inc. 401(k) Plan, Total assets ($B): 22.728425546 · Participants: 40452Cisco Systems,Inc. 401(k) Plan
Salem Media Group, Inc. Employees 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

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 Power 401(k) Retirement Plan and Trust in IL ($128M); by covered participants it is Penmac Staffing Services 401(k) Retirement Savings Plan in MO (1,305 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,305 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Salem Media Group, Inc. Employees 401(k) Plan grew at a solid clip - up 5.0% during 2024, from $122M to $128M. Reported net income was $6M.
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 123,622 plans that reported assets for plan year 2024 (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 Power 401(k) Retirement Plan and Trust in IL ($128M, 475 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 Penmac Staffing Services 401(k) Retirement Savings Plan in MO (1,305 participants, $5M in assets).