Department of Labor filing

SALEM ONE, INC.

SALEM ONE, INC. EMPLOYEES SAVINGS TRUST · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Sep 29, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

41filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$1,242

Reported employer contributions per active participant.

Higher than about 50% of comparable plans

#People in the filing

198

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$281 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 21% of comparable plans

↗Investment performance

Not available

Plan assets changed 42.9%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202441out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions50th percentileTypical peer $1,246 · based on 230 comparable plans

Lower reported administrative expense21st percentileTypical peer $171 · based on 243 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, SALEM ONE, INC. reported $245,879 in employer contributions across the plan and 198 active participants. That works out to $1,242 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy92%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendDown 33.8%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 13.9%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context41/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $245,879
Participant contributions: $775,828
Other contributions: $1,267,280
Employer share of reported contributions: 24.1%
Beginning assets: $7,629,019
Ending assets: $10,902,871
Ending net assets: $10,890,090
Ending liabilities: $12,781
Total income: $3,729,587
Total expenses: $455,892
Administrative expenses: $36,258
Participant loans: Not reported

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$1,876

2023

$2,095

2024

$1,242

Plan-paid administrative expenses per participant

2022

$247

2023

$221

2024

$281

Active participants

2022

117

2023

111

2024

198

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$1,242	198	10.9M	20250929092959NAL0017588162001
2023	$2,095	111	7.6M	20241002124641NAL0017216610001
2022	$1,876	117	6.3M	20231002133302NAL0035273922001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: Not stated in the filing
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 561550868-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 2009
Industry: Industry group 323
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2T3D

Current plan terms

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Filing ACK_ID20250929092959NAL0017588162001

Data sourceDOL Form 5500 bulk data ↗

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