Salem Academy and College403(b)
SALEM ACADEMY AND COLLEGE FACULTY DEFINED CONTRIBUTION RETIREMENT PLAN · WINSTON-SALEM, NC · plan year 2024
Salem Academy and College reported $37,621 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. 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 2 years on file its reported administrative ratio fell from 0.17% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 650th-largest of 2,005 plans among North Carolina employers on file, and the 1,444th of 3,091 in educational services. active participation has shrunk from 83 to 67 since 2022.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 560530005 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.