2023 Form 5500 filing — The Salem Group 401(K) Plan

Plain-English filing summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241015121213NAL0057489954001) for The Salem Group 401(K) Plan, reported by The Salem Group1 under EIN 80-0074897 and plan number 001. It reports 480 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$4.1MReported net assets$4,121,393
Participants480
Provider compensationNone reported
Schedules filedSchedule ILoaded schedules
EFAST2 acknowledgement
20241015121213NAL0057489954001
Plan sponsor
The Salem Group1
EIN
80-0074897
Plan number
001
Location
Oakbrook Terrace, IL
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule I · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$4.1M total assets
Net assets$4.1MLiabilities$0
Money in vs. money out
Total income / additions$1.3M
Total expenses$124.5K
Benefits paid / distributions$56.8K
Contributions
Employer$7.8K
Participant$424.2K
Full reported line items
Total assets (EOY)
$4,121,393
Total liabilities (EOY)
$0
Net assets (EOY)
$4,121,393
Employer contributions
$7,772
Participant contributions
$424,196
Total income / additions
$1,258,221
Benefits paid
$56,846
Administrative expenses
$9,130
Total expenses
$124,548
Net increase / (decrease)
$1,133,673

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241015121213NAL0057489954001 cover?
It is the 2023 Form 5500 filing for The Salem Group 401(K) Plan, reported by The Salem Group1 (EIN 80-0074897).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule I (small plan financials).

Related Form 5500 pages