Salo Incorporated 401(K) Plan — Form 5500 plan (Salo Inc.)
Plain-English plan 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, Salo Incorporated 401(K) Plan is a benefit plan reported by Salo Inc. under EIN 31-1692726 and plan number 001. The latest loaded filing year is 2023. The filing reports 852 participants and $25,980,347 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Salo Inc.
- EIN
- 31-1692726
- Plan number
- 001
- Plan type
- 2
- Location
- Worthington, OH
- Latest filing year
- 2023
- Participants
- 852
- End-of-year plan assets
- $25,980,347
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 852 | H, C | 20241015132359NAL0056348578004 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $25,980,347
- Net assets (EOY)
- $25,980,347
- Net assets (BOY)
- $22,163,052
Income & contributions
- Employer contributions
- $562,029
- Participant contributions
- $1,707,564
- Total contributions
- $2,343,289
- Total income / additions
- $6,468,482
Expenses & distributions
- Benefits paid
- $2,581,568
- Administrative expenses
- $69,619
- Total expenses
- $2,651,187
- Net increase / (decrease)
- $3,817,295
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Swisher Financial Concepts | not reported in the loaded dataset | $58,889 | $0 | 2023 |
| John Hancock Life Insurance Company | not reported in the loaded dataset | $1,090 | $0 | 2023 |