Salem Stone Corporation401(k)

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

Salem Stone Corporation reported $50,718 in plan administrative expenses for 2024: 0.59% of average plan assets, above the peer median. Employer contributions averaged $1,126 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 2 years on file its reported administrative ratio rose from 0.20% to 0.59%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Virginia (1,501st of 2,266), and 9,046th of 13,661 in manufacturing. In 2024, employees put in $2.47 for every $1.00 the employer contributed; active participation has grown from 167 to 201 since 2022.