Civic Intelligence

Salem Co-Operative Bank

Plan context: Salem Co-Operative Bank 401K Savings Plan

EIN 02-0187470 • Salem, NH • 28 filings • 3 plans

3 South BroadwayP.O. Box 67Salem, NH 03079
Current Snapshot

Latest Year

2024

2024 Participants

75

2024 Assets

$14,059,443

2024 Contributions

$1,845,646

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$14,059,443$7,029,722$0199920132024YearValue
$14,059,443Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

80400199920122024YearValue
75Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
2024175$14,059,443$1,845,646$24,609iApproximate average salary by contribution assumption: employee only about $615,215 at 4% or $410,144 at 6%; with 50% employer match about $410,144 at 4% or $273,429 at 6%; with 100% employer match about $307,608 at 4% or $205,072 at 6%.
Salem Co-Operative Bank 401K Savings Plan-75$14,059,443$1,845,646$24,609iApproximate average salary by contribution assumption: employee only about $615,215 at 4% or $410,144 at 6%; with 50% employer match about $410,144 at 4% or $273,429 at 6%; with 100% employer match about $307,608 at 4% or $205,072 at 6%.
2023180$12,270,773$1,091,930$13,649iApproximate average salary by contribution assumption: employee only about $341,228 at 4% or $227,485 at 6%; with 50% employer match about $227,485 at 4% or $151,657 at 6%; with 100% employer match about $170,614 at 4% or $113,743 at 6%.
Salem Co-Operative Bank 401K Savings Plan-80$12,270,773$1,091,930$13,649iApproximate average salary by contribution assumption: employee only about $341,228 at 4% or $227,485 at 6%; with 50% employer match about $227,485 at 4% or $151,657 at 6%; with 100% employer match about $170,614 at 4% or $113,743 at 6%.
2022175$10,528,455$1,448,375$19,312iApproximate average salary by contribution assumption: employee only about $482,792 at 4% or $321,861 at 6%; with 50% employer match about $321,861 at 4% or $214,574 at 6%; with 100% employer match about $241,396 at 4% or $160,931 at 6%.
Salem Co-Operative Bank 401K Savings Plan-75$10,528,455$1,448,375$19,312iApproximate average salary by contribution assumption: employee only about $482,792 at 4% or $321,861 at 6%; with 50% employer match about $321,861 at 4% or $214,574 at 6%; with 100% employer match about $241,396 at 4% or $160,931 at 6%.
2021172$11,314,708$962,547$13,369iApproximate average salary by contribution assumption: employee only about $334,218 at 4% or $222,812 at 6%; with 50% employer match about $222,812 at 4% or $148,541 at 6%; with 100% employer match about $167,109 at 4% or $111,406 at 6%.
Salem Co-Operative Bank 401K Savings Plan-72$11,314,708$962,547$13,369iApproximate average salary by contribution assumption: employee only about $334,218 at 4% or $222,812 at 6%; with 50% employer match about $222,812 at 4% or $148,541 at 6%; with 100% employer match about $167,109 at 4% or $111,406 at 6%.
2020162$9,999,211$875,350$14,119iApproximate average salary by contribution assumption: employee only about $352,964 at 4% or $235,309 at 6%; with 50% employer match about $235,309 at 4% or $156,873 at 6%; with 100% employer match about $176,482 at 4% or $117,655 at 6%.
Salem Co-Operative Bank 401K Savings Plan-62$9,999,211$875,350$14,119iApproximate average salary by contribution assumption: employee only about $352,964 at 4% or $235,309 at 6%; with 50% employer match about $235,309 at 4% or $156,873 at 6%; with 100% employer match about $176,482 at 4% or $117,655 at 6%.
2019162$8,481,770$978,133$15,776iApproximate average salary by contribution assumption: employee only about $394,408 at 4% or $262,939 at 6%; with 50% employer match about $262,939 at 4% or $175,293 at 6%; with 100% employer match about $197,204 at 4% or $131,469 at 6%.
Salem Co-Operative Bank 401K Savings Plan-62$8,481,770$978,133$15,776iApproximate average salary by contribution assumption: employee only about $394,408 at 4% or $262,939 at 6%; with 50% employer match about $262,939 at 4% or $175,293 at 6%; with 100% employer match about $197,204 at 4% or $131,469 at 6%.
2018161$6,586,979$854,702$14,012iApproximate average salary by contribution assumption: employee only about $350,288 at 4% or $233,525 at 6%; with 50% employer match about $233,525 at 4% or $155,683 at 6%; with 100% employer match about $175,144 at 4% or $116,763 at 6%.
Salem Co-Operative Bank 401K Savings Plan-61$6,586,979$854,702$14,012iApproximate average salary by contribution assumption: employee only about $350,288 at 4% or $233,525 at 6%; with 50% employer match about $233,525 at 4% or $155,683 at 6%; with 100% employer match about $175,144 at 4% or $116,763 at 6%.
2017164$6,585,417$838,404$13,100iApproximate average salary by contribution assumption: employee only about $327,502 at 4% or $218,334 at 6%; with 50% employer match about $218,334 at 4% or $145,556 at 6%; with 100% employer match about $163,751 at 4% or $109,167 at 6%.
Salem Co-Operative Bank 401K Savings Plan-64$6,585,417$838,404$13,100iApproximate average salary by contribution assumption: employee only about $327,502 at 4% or $218,334 at 6%; with 50% employer match about $218,334 at 4% or $145,556 at 6%; with 100% employer match about $163,751 at 4% or $109,167 at 6%.
2016160$5,510,677$827,234$13,787iApproximate average salary by contribution assumption: employee only about $344,681 at 4% or $229,787 at 6%; with 50% employer match about $229,787 at 4% or $153,191 at 6%; with 100% employer match about $172,340 at 4% or $114,894 at 6%.
Salem Co-Operative Bank 401K Savings Plan-60$5,510,677$827,234$13,787iApproximate average salary by contribution assumption: employee only about $344,681 at 4% or $229,787 at 6%; with 50% employer match about $229,787 at 4% or $153,191 at 6%; with 100% employer match about $172,340 at 4% or $114,894 at 6%.
2015250$4,338,224$1,817,048$36,341iApproximate average salary by contribution assumption: employee only about $908,524 at 4% or $605,683 at 6%; with 50% employer match about $605,683 at 4% or $403,788 at 6%; with 100% employer match about $454,262 at 4% or $302,841 at 6%.
Salem Co-Operative Bank 401K Savings Plan-50$4,338,224$1,346,580$26,932iApproximate average salary by contribution assumption: employee only about $673,290 at 4% or $448,860 at 6%; with 50% employer match about $448,860 at 4% or $299,240 at 6%; with 100% employer match about $336,645 at 4% or $224,430 at 6%.
Salem Co-Operative Bank Defined Benefit Plan-0$0$470,468-
2014258$7,976,723$555,443$9,577iApproximate average salary by contribution assumption: employee only about $239,415 at 4% or $159,610 at 6%; with 50% employer match about $159,610 at 4% or $106,407 at 6%; with 100% employer match about $119,708 at 4% or $79,805 at 6%.
Salem Co-Operative Bank Defined Benefit Plan-58$4,694,080--
Salem Co-Operative Bank 401K Savings Plan-51$3,282,643$555,443$10,891iApproximate average salary by contribution assumption: employee only about $272,276 at 4% or $181,517 at 6%; with 50% employer match about $181,517 at 4% or $121,012 at 6%; with 100% employer match about $136,138 at 4% or $90,759 at 6%.
2013141$2,735,648$329,327$8,032iApproximate average salary by contribution assumption: employee only about $200,809 at 4% or $133,873 at 6%; with 50% employer match about $133,873 at 4% or $89,249 at 6%; with 100% employer match about $100,405 at 4% or $66,936 at 6%.
Salem Co-Operative Bank 401K Savings Plan-41$2,735,648$329,327$8,032iApproximate average salary by contribution assumption: employee only about $200,809 at 4% or $133,873 at 6%; with 50% employer match about $133,873 at 4% or $89,249 at 6%; with 100% employer match about $100,405 at 4% or $66,936 at 6%.
2012139$2,201,234$250,268$6,417iApproximate average salary by contribution assumption: employee only about $160,428 at 4% or $106,952 at 6%; with 50% employer match about $106,952 at 4% or $71,301 at 6%; with 100% employer match about $80,214 at 4% or $53,476 at 6%.
Salem Co-Operative Bank 401K Savings Plan-39$2,201,234$250,268$6,417iApproximate average salary by contribution assumption: employee only about $160,428 at 4% or $106,952 at 6%; with 50% employer match about $106,952 at 4% or $71,301 at 6%; with 100% employer match about $80,214 at 4% or $53,476 at 6%.
2011134$1,768,002$186,951$5,499iApproximate average salary by contribution assumption: employee only about $137,464 at 4% or $91,643 at 6%; with 50% employer match about $91,643 at 4% or $61,095 at 6%; with 100% employer match about $68,732 at 4% or $45,821 at 6%.
Salem Co-Operative Bank 401K Savings Plan-34$1,768,002$186,951$5,499iApproximate average salary by contribution assumption: employee only about $137,464 at 4% or $91,643 at 6%; with 50% employer match about $91,643 at 4% or $61,095 at 6%; with 100% employer match about $68,732 at 4% or $45,821 at 6%.
2010134$1,576,412$186,923$5,498iApproximate average salary by contribution assumption: employee only about $137,443 at 4% or $91,629 at 6%; with 50% employer match about $91,629 at 4% or $61,086 at 6%; with 100% employer match about $68,722 at 4% or $45,814 at 6%.
Salem Co-Operative Bank 401K Savings Plan-34$1,576,412$186,923$5,498iApproximate average salary by contribution assumption: employee only about $137,443 at 4% or $91,629 at 6%; with 50% employer match about $91,629 at 4% or $61,086 at 6%; with 100% employer match about $68,722 at 4% or $45,814 at 6%.
2009131$1,355,984$175,316$5,655iApproximate average salary by contribution assumption: employee only about $141,384 at 4% or $94,256 at 6%; with 50% employer match about $94,256 at 4% or $62,837 at 6%; with 100% employer match about $70,692 at 4% or $47,128 at 6%.
Salem Co-Operative Bank 401K Savings Plan-31$1,355,984$175,316$5,655iApproximate average salary by contribution assumption: employee only about $141,384 at 4% or $94,256 at 6%; with 50% employer match about $94,256 at 4% or $62,837 at 6%; with 100% employer match about $70,692 at 4% or $47,128 at 6%.
2008129$1,005,773$166,336$5,736iApproximate average salary by contribution assumption: employee only about $143,393 at 4% or $95,595 at 6%; with 50% employer match about $95,595 at 4% or $63,730 at 6%; with 100% employer match about $71,697 at 4% or $47,798 at 6%.
Salem Co-Operative Bank 401K Savings Plan-29$1,005,773$166,336$5,736iApproximate average salary by contribution assumption: employee only about $143,393 at 4% or $95,595 at 6%; with 50% employer match about $95,595 at 4% or $63,730 at 6%; with 100% employer match about $71,697 at 4% or $47,798 at 6%.
2007130$1,373,339$151,774$5,059iApproximate average salary by contribution assumption: employee only about $126,478 at 4% or $84,319 at 6%; with 50% employer match about $84,319 at 4% or $56,213 at 6%; with 100% employer match about $63,239 at 4% or $42,159 at 6%.
Salem Co-Operative Bank 401K Savings Plan-30$1,373,339$151,774$5,059iApproximate average salary by contribution assumption: employee only about $126,478 at 4% or $84,319 at 6%; with 50% employer match about $84,319 at 4% or $56,213 at 6%; with 100% employer match about $63,239 at 4% or $42,159 at 6%.
2006130$1,320,926$137,776$4,593iApproximate average salary by contribution assumption: employee only about $114,813 at 4% or $76,542 at 6%; with 50% employer match about $76,542 at 4% or $51,028 at 6%; with 100% employer match about $57,407 at 4% or $38,271 at 6%.
Salem Co-Operative Bank 401K Savings Plan-30$1,320,926$137,776$4,593iApproximate average salary by contribution assumption: employee only about $114,813 at 4% or $76,542 at 6%; with 50% employer match about $76,542 at 4% or $51,028 at 6%; with 100% employer match about $57,407 at 4% or $38,271 at 6%.
2005132$1,049,650$175,101$5,472iApproximate average salary by contribution assumption: employee only about $136,798 at 4% or $91,198 at 6%; with 50% employer match about $91,198 at 4% or $60,799 at 6%; with 100% employer match about $68,399 at 4% or $45,599 at 6%.
Salem Co-Operative Bank 401K Savings Plan-32$1,049,650$175,101$5,472iApproximate average salary by contribution assumption: employee only about $136,798 at 4% or $91,198 at 6%; with 50% employer match about $91,198 at 4% or $60,799 at 6%; with 100% employer match about $68,399 at 4% or $45,599 at 6%.
2004130$858,918$121,040$4,035iApproximate average salary by contribution assumption: employee only about $100,867 at 4% or $67,244 at 6%; with 50% employer match about $67,244 at 4% or $44,830 at 6%; with 100% employer match about $50,433 at 4% or $33,622 at 6%.
Salem Co-Operative Bank 401K Savings Plan-30$858,918$121,040$4,035iApproximate average salary by contribution assumption: employee only about $100,867 at 4% or $67,244 at 6%; with 50% employer match about $67,244 at 4% or $44,830 at 6%; with 100% employer match about $50,433 at 4% or $33,622 at 6%.
2003124$679,112$114,345$4,764iApproximate average salary by contribution assumption: employee only about $119,109 at 4% or $79,406 at 6%; with 50% employer match about $79,406 at 4% or $52,938 at 6%; with 100% employer match about $59,555 at 4% or $39,703 at 6%.
Salem Co-Operative Bank 401K Savings Plan-24$679,112$114,345$4,764iApproximate average salary by contribution assumption: employee only about $119,109 at 4% or $79,406 at 6%; with 50% employer match about $79,406 at 4% or $52,938 at 6%; with 100% employer match about $59,555 at 4% or $39,703 at 6%.
2002125$469,551$107,609$4,304iApproximate average salary by contribution assumption: employee only about $107,609 at 4% or $71,739 at 6%; with 50% employer match about $71,739 at 4% or $47,826 at 6%; with 100% employer match about $53,804 at 4% or $35,870 at 6%.
Salem Co-Operative Bank 401K Savings Plan-25$469,551$107,609$4,304iApproximate average salary by contribution assumption: employee only about $107,609 at 4% or $71,739 at 6%; with 50% employer match about $71,739 at 4% or $47,826 at 6%; with 100% employer match about $53,804 at 4% or $35,870 at 6%.
2001126$0$0-
Salem Co-Operative Bank 401K Savings Plan-26---
2000122$0$0-
Salem Co-Operative Bank 401K Savings Plan-22---
1999124$472,208$67,336$2,806iApproximate average salary by contribution assumption: employee only about $70,142 at 4% or $46,761 at 6%; with 50% employer match about $46,761 at 4% or $31,174 at 6%; with 100% employer match about $35,071 at 4% or $23,381 at 6%.
Salem Co-Operative Bank 401K Savings Plan-24$472,208$67,336$2,806iApproximate average salary by contribution assumption: employee only about $70,142 at 4% or $46,761 at 6%; with 50% employer match about $46,761 at 4% or $31,174 at 6%; with 100% employer match about $35,071 at 4% or $23,381 at 6%.