Salem Media Group, Inc. Employees 401(K) Plan — Form 5500 plan (Salem Media Group, 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, Salem Media Group, Inc. Employees 401(K) Plan is a benefit plan reported by Salem Media Group, Inc. under EIN 77-0121400 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,675 participants and $121,822,957 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Salem Media Group, Inc.
- EIN
- 77-0121400
- Plan number
- 001
- Plan type
- 2
- Location
- Camarillo, CA
- Latest filing year
- 2023
- Participants
- 1,675
- End-of-year plan assets
- $121,822,957
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,675 | H, C | 20241003180331NAL0020517586001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $121,822,957
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $121,822,957
- Net assets (BOY)
- $105,446,270
Income & contributions
- Employer contributions
- $1,220,574
- Participant contributions
- $8,243,489
- Total contributions
- $10,115,878
- Total income / additions
- $27,725,594
Expenses & distributions
- Benefits paid
- $10,947,817
- Administrative expenses
- $178,278
- Total expenses
- $11,348,907
- Net increase / (decrease)
- $16,376,687
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $71,602 | $0 | 2023 |
| Alliant Insurance Services Inc Dba | INVESTMENT ADVISOR | $71,101 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $20,575 | not reported in the loaded dataset | 2023 |
| Miller Kaplan Arase Llp | AUDITOR | $15,000 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Salem Media Group, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in CA
- 401(k) and benefit plan filings in Camarillo, CA
- Empower Annuity Insurance Company O — Schedule C compensation
- Alliant Insurance Services Inc Dba — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- Miller Kaplan Arase Llp — Schedule C compensation