Plan Ledger DOL Form 5500 · updated monthly

Old Salem, Inc.DC plan

OLD SALEM, INC. RETIREMENT PLAN · WINSTON-SALEM, NC · plan year 2025

Reported admin expense ratio · 2025
0.04%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Old Salem, Inc. reported $3,663 in plan administrative expenses for 2025: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,680 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio rose from 0.02% to 0.04%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in North Carolina (1,150th of 2,005), and 2,772nd of 5,215 in retail trade. In 2025, employees put in $1.34 for every $1.00 the employer contributed; active participation has shrunk from 75 to 38 since 2022.

Plan summary
Net assets, end of year$9,348,641
Participants with balances121
Active participants38
Employer contributions$63,833
Employee contributions$85,774
Employer contribution per active participant$1,680
Average account balance$77,261
Benefits paid to participants$835,985
Plan auditUnmodified (clean) audit opinion
AuditorBUTLER + BURKE, LLP
Plan history4
Yearassets · accounts · employer contribution
2025$9.3M · 121 accts · $64K emplr
2024$8.9M · 121 accts · $71K emplr
2023$8.8M · 131 accts · $65K emplr
2022$8.0M · 125 accts · $60K emplr
Administrative expenses, itemized · 2025
Investment management$3,663
Total administrative$3,663
Employer contributions to the Old Salem, Inc. plan · 2025
Employer contribution per active participant$1,680
Median for plans this size$1,464
2025$1,680 per active participant
2024$1,922 per active participant
2023$1,589 per active participant
2022$800 per active participant

Old Salem, Inc.'s 2025 employer contribution ran above the $1,464 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history4
2025$3,663 · 0.04%
2024$2,892 · 0.03%
2023$1,962 · 0.02%
2022$1,414 · 0.02%
Similar plansRetail Trade · North Carolina
Entrust Global Group LLC NC$10.2M · 1.14%
Weaver Street Market NC$9.6M · 0.18%
Cloninger Ford, Inc. NC$9.1M · 0.73%
Schiffman's Inc. NC$8.7M · 0.25%
Wom South Investors, Inc NC$8.1M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560587289 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.