Civic Intelligence

Salem Tools Inc.

Plan context: Salem Tools Inc. 401(K) Plan

EIN 54-0885549 • 28 filings • 3 plans

Current Snapshot

Latest Year

2024

2024 Participants

72

2024 Assets

$15,166,619

2024 Contributions

$757,686

Historical Graphs

Total Assets Over Time

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

$15,166,619$7,583,310$0199920122024YearValue
$15,166,619Latest year 2024

Participants Over Time

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

2091050200020122024YearValue
72Latest 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
2024172$15,166,619$757,686$10,523iApproximate average salary by contribution assumption: employee only about $263,085 at 4% or $175,390 at 6%; with 50% employer match about $175,390 at 4% or $116,927 at 6%; with 100% employer match about $131,543 at 4% or $87,695 at 6%.
Salem Tools Inc. 401(K) Plan-72$15,166,619$757,686$10,523iApproximate average salary by contribution assumption: employee only about $263,085 at 4% or $175,390 at 6%; with 50% employer match about $175,390 at 4% or $116,927 at 6%; with 100% employer match about $131,543 at 4% or $87,695 at 6%.
2023183$14,593,239$739,250$8,907iApproximate average salary by contribution assumption: employee only about $222,666 at 4% or $148,444 at 6%; with 50% employer match about $148,444 at 4% or $98,963 at 6%; with 100% employer match about $111,333 at 4% or $74,222 at 6%.
Salem Tools Inc. 401(K) Plan-83$14,593,239$739,250$8,907iApproximate average salary by contribution assumption: employee only about $222,666 at 4% or $148,444 at 6%; with 50% employer match about $148,444 at 4% or $98,963 at 6%; with 100% employer match about $111,333 at 4% or $74,222 at 6%.
2022194$13,166,908$799,652$8,507iApproximate average salary by contribution assumption: employee only about $212,673 at 4% or $141,782 at 6%; with 50% employer match about $141,782 at 4% or $94,522 at 6%; with 100% employer match about $106,337 at 4% or $70,891 at 6%.
Salem Tools Inc. 401(K) Plan-94$13,166,908$799,652$8,507iApproximate average salary by contribution assumption: employee only about $212,673 at 4% or $141,782 at 6%; with 50% employer match about $141,782 at 4% or $94,522 at 6%; with 100% employer match about $106,337 at 4% or $70,891 at 6%.
2021192$14,030,516$1,069,844$11,629iApproximate average salary by contribution assumption: employee only about $290,718 at 4% or $193,812 at 6%; with 50% employer match about $193,812 at 4% or $129,208 at 6%; with 100% employer match about $145,359 at 4% or $96,906 at 6%.
Salem Tools Inc. 401(K) Plan-92$14,030,516$1,069,844$11,629iApproximate average salary by contribution assumption: employee only about $290,718 at 4% or $193,812 at 6%; with 50% employer match about $193,812 at 4% or $129,208 at 6%; with 100% employer match about $145,359 at 4% or $96,906 at 6%.
2020195$12,690,891$756,728$7,966iApproximate average salary by contribution assumption: employee only about $199,139 at 4% or $132,759 at 6%; with 50% employer match about $132,759 at 4% or $88,506 at 6%; with 100% employer match about $99,569 at 4% or $66,380 at 6%.
Salem Tools Inc. 401(K) Plan-95$12,690,891$756,728$7,966iApproximate average salary by contribution assumption: employee only about $199,139 at 4% or $132,759 at 6%; with 50% employer match about $132,759 at 4% or $88,506 at 6%; with 100% employer match about $99,569 at 4% or $66,380 at 6%.
2019195$9,479,176$767,072$8,074iApproximate average salary by contribution assumption: employee only about $201,861 at 4% or $134,574 at 6%; with 50% employer match about $134,574 at 4% or $89,716 at 6%; with 100% employer match about $100,931 at 4% or $67,287 at 6%.
Salem Tools Inc. 401(K) Plan-95$9,479,176$767,072$8,074iApproximate average salary by contribution assumption: employee only about $201,861 at 4% or $134,574 at 6%; with 50% employer match about $134,574 at 4% or $89,716 at 6%; with 100% employer match about $100,931 at 4% or $67,287 at 6%.
2018193$10,062,314$704,543$7,576iApproximate average salary by contribution assumption: employee only about $189,393 at 4% or $126,262 at 6%; with 50% employer match about $126,262 at 4% or $84,175 at 6%; with 100% employer match about $94,697 at 4% or $63,131 at 6%.
Salem Tools Inc. 401(K) Plan-93$10,062,314$704,543$7,576iApproximate average salary by contribution assumption: employee only about $189,393 at 4% or $126,262 at 6%; with 50% employer match about $126,262 at 4% or $84,175 at 6%; with 100% employer match about $94,697 at 4% or $63,131 at 6%.
2017195$9,411,945$1,116,840$11,756iApproximate average salary by contribution assumption: employee only about $293,905 at 4% or $195,937 at 6%; with 50% employer match about $195,937 at 4% or $130,625 at 6%; with 100% employer match about $146,953 at 4% or $97,968 at 6%.
Salem Tools Inc. 401(K) Plan-95$9,411,945$1,116,840$11,756iApproximate average salary by contribution assumption: employee only about $293,905 at 4% or $195,937 at 6%; with 50% employer match about $195,937 at 4% or $130,625 at 6%; with 100% employer match about $146,953 at 4% or $97,968 at 6%.
20161109$7,720,856$697,112$6,396iApproximate average salary by contribution assumption: employee only about $159,888 at 4% or $106,592 at 6%; with 50% employer match about $106,592 at 4% or $71,061 at 6%; with 100% employer match about $79,944 at 4% or $53,296 at 6%.
Salem Tools Inc. 401(K) Plan-109$7,720,856$697,112$6,396iApproximate average salary by contribution assumption: employee only about $159,888 at 4% or $106,592 at 6%; with 50% employer match about $106,592 at 4% or $71,061 at 6%; with 100% employer match about $79,944 at 4% or $53,296 at 6%.
20151120$7,751,865$720,779$6,006iApproximate average salary by contribution assumption: employee only about $150,162 at 4% or $100,108 at 6%; with 50% employer match about $100,108 at 4% or $66,739 at 6%; with 100% employer match about $75,081 at 4% or $50,054 at 6%.
Salem Tools Inc. 401(K) Plan-120$7,751,865$720,779$6,006iApproximate average salary by contribution assumption: employee only about $150,162 at 4% or $100,108 at 6%; with 50% employer match about $100,108 at 4% or $66,739 at 6%; with 100% employer match about $75,081 at 4% or $50,054 at 6%.
20141131$7,635,661$710,083$5,420iApproximate average salary by contribution assumption: employee only about $135,512 at 4% or $90,341 at 6%; with 50% employer match about $90,341 at 4% or $60,228 at 6%; with 100% employer match about $67,756 at 4% or $45,171 at 6%.
Salem Tools Inc. 401(K) Plan-131$7,635,661$710,083$5,420iApproximate average salary by contribution assumption: employee only about $135,512 at 4% or $90,341 at 6%; with 50% employer match about $90,341 at 4% or $60,228 at 6%; with 100% employer match about $67,756 at 4% or $45,171 at 6%.
20131209$6,823,544$763,490$3,653iApproximate average salary by contribution assumption: employee only about $91,327 at 4% or $60,884 at 6%; with 50% employer match about $60,884 at 4% or $40,590 at 6%; with 100% employer match about $45,663 at 4% or $30,442 at 6%.
Salem Tools Inc. 401(K) Plan-209$6,823,544$763,490$3,653iApproximate average salary by contribution assumption: employee only about $91,327 at 4% or $60,884 at 6%; with 50% employer match about $60,884 at 4% or $40,590 at 6%; with 100% employer match about $45,663 at 4% or $30,442 at 6%.
20121126$6,188,828$991,158$7,866iApproximate average salary by contribution assumption: employee only about $196,658 at 4% or $131,106 at 6%; with 50% employer match about $131,106 at 4% or $87,404 at 6%; with 100% employer match about $98,329 at 4% or $65,553 at 6%.
Salem Tools Inc. 401(K) Plan-126$6,188,828$991,158$7,866iApproximate average salary by contribution assumption: employee only about $196,658 at 4% or $131,106 at 6%; with 50% employer match about $131,106 at 4% or $87,404 at 6%; with 100% employer match about $98,329 at 4% or $65,553 at 6%.
20111125$5,676,438$541,671$4,333iApproximate average salary by contribution assumption: employee only about $108,334 at 4% or $72,223 at 6%; with 50% employer match about $72,223 at 4% or $48,149 at 6%; with 100% employer match about $54,167 at 4% or $36,111 at 6%.
Salem Tools Inc. 401(K) Plan-125$5,676,438$541,671$4,333iApproximate average salary by contribution assumption: employee only about $108,334 at 4% or $72,223 at 6%; with 50% employer match about $72,223 at 4% or $48,149 at 6%; with 100% employer match about $54,167 at 4% or $36,111 at 6%.
20101119$5,135,092$287,852$2,419iApproximate average salary by contribution assumption: employee only about $60,473 at 4% or $40,315 at 6%; with 50% employer match about $40,315 at 4% or $26,877 at 6%; with 100% employer match about $30,237 at 4% or $20,158 at 6%.
Salem Tools Inc. 401(K) Plan-119$5,135,092$287,852$2,419iApproximate average salary by contribution assumption: employee only about $60,473 at 4% or $40,315 at 6%; with 50% employer match about $40,315 at 4% or $26,877 at 6%; with 100% employer match about $30,237 at 4% or $20,158 at 6%.
2009196$4,601,409$441,402$4,598iApproximate average salary by contribution assumption: employee only about $114,948 at 4% or $76,632 at 6%; with 50% employer match about $76,632 at 4% or $51,088 at 6%; with 100% employer match about $57,474 at 4% or $38,316 at 6%.
Salem Tools Inc. 401(K) Plan-96$4,601,409$441,402$4,598iApproximate average salary by contribution assumption: employee only about $114,948 at 4% or $76,632 at 6%; with 50% employer match about $76,632 at 4% or $51,088 at 6%; with 100% employer match about $57,474 at 4% or $38,316 at 6%.
20081115$3,520,557$526,939$4,582iApproximate average salary by contribution assumption: employee only about $114,552 at 4% or $76,368 at 6%; with 50% employer match about $76,368 at 4% or $50,912 at 6%; with 100% employer match about $57,276 at 4% or $38,184 at 6%.
Salem Tools Inc. 401(K) Plan-115$3,520,557$526,939$4,582iApproximate average salary by contribution assumption: employee only about $114,552 at 4% or $76,368 at 6%; with 50% employer match about $76,368 at 4% or $50,912 at 6%; with 100% employer match about $57,276 at 4% or $38,184 at 6%.
20071105$4,132,541$431,380$4,108iApproximate average salary by contribution assumption: employee only about $102,710 at 4% or $68,473 at 6%; with 50% employer match about $68,473 at 4% or $45,649 at 6%; with 100% employer match about $51,355 at 4% or $34,237 at 6%.
Salem Tools Inc. 401(K) Plan-105$4,132,541$431,380$4,108iApproximate average salary by contribution assumption: employee only about $102,710 at 4% or $68,473 at 6%; with 50% employer match about $68,473 at 4% or $45,649 at 6%; with 100% employer match about $51,355 at 4% or $34,237 at 6%.
2006198$3,950,467$411,531$4,199iApproximate average salary by contribution assumption: employee only about $104,982 at 4% or $69,988 at 6%; with 50% employer match about $69,988 at 4% or $46,659 at 6%; with 100% employer match about $52,491 at 4% or $34,994 at 6%.
Salem Tools Inc. 401(K) Plan-98$3,950,467$411,531$4,199iApproximate average salary by contribution assumption: employee only about $104,982 at 4% or $69,988 at 6%; with 50% employer match about $69,988 at 4% or $46,659 at 6%; with 100% employer match about $52,491 at 4% or $34,994 at 6%.
2005189$3,507,266$371,056$4,169iApproximate average salary by contribution assumption: employee only about $104,229 at 4% or $69,486 at 6%; with 50% employer match about $69,486 at 4% or $46,324 at 6%; with 100% employer match about $52,115 at 4% or $34,743 at 6%.
Salem Tools Inc. 401(K) Plan-89$3,507,266$371,056$4,169iApproximate average salary by contribution assumption: employee only about $104,229 at 4% or $69,486 at 6%; with 50% employer match about $69,486 at 4% or $46,324 at 6%; with 100% employer match about $52,115 at 4% or $34,743 at 6%.
2004188$2,996,313$321,739$3,656iApproximate average salary by contribution assumption: employee only about $91,403 at 4% or $60,935 at 6%; with 50% employer match about $60,935 at 4% or $40,624 at 6%; with 100% employer match about $45,702 at 4% or $30,468 at 6%.
Salem Tools Inc. 401(K) Plan-88$2,996,313$321,739$3,656iApproximate average salary by contribution assumption: employee only about $91,403 at 4% or $60,935 at 6%; with 50% employer match about $60,935 at 4% or $40,624 at 6%; with 100% employer match about $45,702 at 4% or $30,468 at 6%.
20031116$2,634,756$311,948$2,689iApproximate average salary by contribution assumption: employee only about $67,230 at 4% or $44,820 at 6%; with 50% employer match about $44,820 at 4% or $29,880 at 6%; with 100% employer match about $33,615 at 4% or $22,410 at 6%.
Salem Tools Inc. 401(K) Plan-116$2,634,756$311,948$2,689iApproximate average salary by contribution assumption: employee only about $67,230 at 4% or $44,820 at 6%; with 50% employer match about $44,820 at 4% or $29,880 at 6%; with 100% employer match about $33,615 at 4% or $22,410 at 6%.
20021139$2,269,887$305,350$2,197iApproximate average salary by contribution assumption: employee only about $54,919 at 4% or $36,613 at 6%; with 50% employer match about $36,613 at 4% or $24,408 at 6%; with 100% employer match about $27,460 at 4% or $18,306 at 6%.
Salem Tools Inc. 401(K) Plan-139$2,269,887$305,350$2,197iApproximate average salary by contribution assumption: employee only about $54,919 at 4% or $36,613 at 6%; with 50% employer match about $36,613 at 4% or $24,408 at 6%; with 100% employer match about $27,460 at 4% or $18,306 at 6%.
20012137$0$0-
Salem Tools Inc. 401(K) Plan-137---
Salem Tools Inc. Master Trust Fund-0---
2000256$2,230,457$0-
Salem Tools Inc. Master Trust Fund-0$2,230,457--
Salem Tools Inc. 401(K) Plan-56---
199910$2,753,906$0-
Salem Tools Inc. Master Trust Fund-0$2,753,906--