Civic Intelligence

Salem Electric

Plan context: SALEM ELECTRIC CASH OR DEFERRED PROFIT SHARING PLAN

EIN 93-0272945 • Salem, OR • 50 filings • 6 plans

633 Seventh Street N. W.Salem, OR 97304-0055
Current Snapshot

Latest Year

2024

2024 Participants

51

2024 Assets

$16,324,674

2024 Contributions

$1,213,173

Historical Graphs

Total Assets Over Time

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

$22,786,705$11,393,353$0199920112023YearValue
$16,324,674Latest year 2023

Participants Over Time

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

55280199920112023YearValue
51Latest year 2023

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
202410$0$1,213,173-
SALEM ELECTRIC CASH OR DEFERRED PROFIT SHARING PLAN-0$0$1,213,173-
2023151$16,324,674$1,385,175$27,160iApproximate average salary by contribution assumption: employee only about $679,007 at 4% or $452,672 at 6%; with 50% employer match about $452,672 at 4% or $301,781 at 6%; with 100% employer match about $339,504 at 4% or $226,336 at 6%.
Salem Electric Restated Cash or Deferred Profit Sharing Plan and Trust-51$16,324,674$1,385,175$27,160iApproximate average salary by contribution assumption: employee only about $679,007 at 4% or $452,672 at 6%; with 50% employer match about $452,672 at 4% or $301,781 at 6%; with 100% employer match about $339,504 at 4% or $226,336 at 6%.
2022249$12,778,709$4,044,939$82,550iApproximate average salary by contribution assumption: employee only about $2,063,744 at 4% or $1,375,830 at 6%; with 50% employer match about $1,375,830 at 4% or $917,220 at 6%; with 100% employer match about $1,031,872 at 4% or $687,915 at 6%.
Salem Electric Restated Cash or Deferred Profit Sharing Plan and Trust-49$12,778,709$3,962,523$80,868iApproximate average salary by contribution assumption: employee only about $2,021,695 at 4% or $1,347,797 at 6%; with 50% employer match about $1,347,797 at 4% or $898,531 at 6%; with 100% employer match about $1,010,848 at 4% or $673,898 at 6%.
Salem Electric Restated Money Purchase Penison Plan and Trust-0$0$82,416-
2021250$22,786,705$1,563,710$31,274iApproximate average salary by contribution assumption: employee only about $781,855 at 4% or $521,237 at 6%; with 50% employer match about $521,237 at 4% or $347,491 at 6%; with 100% employer match about $390,928 at 4% or $260,618 at 6%.
Salem Electric Restated Cash or Deferred Profit Sharing Plan and Trust-50$14,452,201$793,094$15,862iApproximate average salary by contribution assumption: employee only about $396,547 at 4% or $264,365 at 6%; with 50% employer match about $264,365 at 4% or $176,243 at 6%; with 100% employer match about $198,274 at 4% or $132,182 at 6%.
Salem Electric Restated Money Purchase Penison Plan and Trust-47$8,334,504$770,616$16,396iApproximate average salary by contribution assumption: employee only about $409,902 at 4% or $273,268 at 6%; with 50% employer match about $273,268 at 4% or $182,179 at 6%; with 100% employer match about $204,951 at 4% or $136,634 at 6%.
2020251$21,246,092$1,473,402$28,890iApproximate average salary by contribution assumption: employee only about $722,256 at 4% or $481,504 at 6%; with 50% employer match about $481,504 at 4% or $321,003 at 6%; with 100% employer match about $361,128 at 4% or $240,752 at 6%.
Salem Electric Restated Cash or Deferred Profit Sharing Plan and Trust-51$13,134,225$712,166$13,964iApproximate average salary by contribution assumption: employee only about $349,101 at 4% or $232,734 at 6%; with 50% employer match about $232,734 at 4% or $155,156 at 6%; with 100% employer match about $174,550 at 4% or $116,367 at 6%.
Salem Electric Restated Money Purchase Penison Plan and Trust-50$8,111,867$761,236$15,225iApproximate average salary by contribution assumption: employee only about $380,618 at 4% or $253,745 at 6%; with 50% employer match about $253,745 at 4% or $169,164 at 6%; with 100% employer match about $190,309 at 4% or $126,873 at 6%.
2019251$18,712,086$1,462,367$28,674iApproximate average salary by contribution assumption: employee only about $716,847 at 4% or $477,898 at 6%; with 50% employer match about $477,898 at 4% or $318,598 at 6%; with 100% employer match about $358,423 at 4% or $238,949 at 6%.
Salem Electric Restated Cash or Deferred Profit Sharing Plan and Trust-51$11,772,301$733,853$14,389iApproximate average salary by contribution assumption: employee only about $359,732 at 4% or $239,821 at 6%; with 50% employer match about $239,821 at 4% or $159,881 at 6%; with 100% employer match about $179,866 at 4% or $119,911 at 6%.
Salem Electric Restated Money Purchase Penison Plan and Trust-50$6,939,785$728,514$14,570iApproximate average salary by contribution assumption: employee only about $364,257 at 4% or $242,838 at 6%; with 50% employer match about $242,838 at 4% or $161,892 at 6%; with 100% employer match about $182,129 at 4% or $121,419 at 6%.
2018247$15,567,860$1,399,112$29,768iApproximate average salary by contribution assumption: employee only about $744,209 at 4% or $496,139 at 6%; with 50% employer match about $496,139 at 4% or $330,759 at 6%; with 100% employer match about $372,104 at 4% or $248,070 at 6%.
Salem Electric Restated Cash or Deferred Profit Sharing Plan and Trust-47$10,061,976$673,182$14,323iApproximate average salary by contribution assumption: employee only about $358,076 at 4% or $238,717 at 6%; with 50% employer match about $238,717 at 4% or $159,145 at 6%; with 100% employer match about $179,038 at 4% or $119,359 at 6%.
Salem Electric Restated Money Purchase Penison Plan and Trust-46$5,505,884$725,930$15,781iApproximate average salary by contribution assumption: employee only about $394,527 at 4% or $263,018 at 6%; with 50% employer match about $263,018 at 4% or $175,345 at 6%; with 100% employer match about $197,264 at 4% or $131,509 at 6%.
2017252$20,054,073$1,437,007$27,635iApproximate average salary by contribution assumption: employee only about $690,869 at 4% or $460,579 at 6%; with 50% employer match about $460,579 at 4% or $307,053 at 6%; with 100% employer match about $345,434 at 4% or $230,290 at 6%.
Salem Electric Restated Cash or Deferred Profit Sharing Plan and Trust-51$13,085,094$705,539$13,834iApproximate average salary by contribution assumption: employee only about $345,852 at 4% or $230,568 at 6%; with 50% employer match about $230,568 at 4% or $153,712 at 6%; with 100% employer match about $172,926 at 4% or $115,284 at 6%.
Salem Electric Restated Money Purchase Penison Plan and Trust-52$6,968,979$731,468$14,067iApproximate average salary by contribution assumption: employee only about $351,667 at 4% or $234,445 at 6%; with 50% employer match about $234,445 at 4% or $156,297 at 6%; with 100% employer match about $175,834 at 4% or $117,222 at 6%.
2016251$18,693,117$1,530,344$30,007iApproximate average salary by contribution assumption: employee only about $750,169 at 4% or $500,112 at 6%; with 50% employer match about $500,112 at 4% or $333,408 at 6%; with 100% employer match about $375,084 at 4% or $250,056 at 6%.
Salem Electric Restated Cash or Deferred Profit Sharing Plan and Trust-51$12,449,394$812,846$15,938iApproximate average salary by contribution assumption: employee only about $398,454 at 4% or $265,636 at 6%; with 50% employer match about $265,636 at 4% or $177,091 at 6%; with 100% employer match about $199,227 at 4% or $132,818 at 6%.
Salem Electric Restated Money Purchase Penison Plan and Trust-51$6,243,723$717,498$14,069iApproximate average salary by contribution assumption: employee only about $351,715 at 4% or $234,476 at 6%; with 50% employer match about $234,476 at 4% or $156,318 at 6%; with 100% employer match about $175,857 at 4% or $117,238 at 6%.
2015255$19,501,599$1,384,615$25,175iApproximate average salary by contribution assumption: employee only about $629,370 at 4% or $419,580 at 6%; with 50% employer match about $419,580 at 4% or $279,720 at 6%; with 100% employer match about $314,685 at 4% or $209,790 at 6%.
Salem Electric Restated Cash or Deferred Profit Sharing Plan and Trust-55$13,111,073$681,621$12,393iApproximate average salary by contribution assumption: employee only about $309,828 at 4% or $206,552 at 6%; with 50% employer match about $206,552 at 4% or $137,701 at 6%; with 100% employer match about $154,914 at 4% or $103,276 at 6%.
Salem Electric Restated Money Purchase Penison Plan and Trust-53$6,390,526$702,994$13,264iApproximate average salary by contribution assumption: employee only about $331,601 at 4% or $221,067 at 6%; with 50% employer match about $221,067 at 4% or $147,378 at 6%; with 100% employer match about $165,800 at 4% or $110,534 at 6%.
2014252$19,688,395$1,307,056$25,136iApproximate average salary by contribution assumption: employee only about $628,392 at 4% or $418,928 at 6%; with 50% employer match about $418,928 at 4% or $279,285 at 6%; with 100% employer match about $314,196 at 4% or $209,464 at 6%.
Salem Electric Restated Cash or Deferred Profit Sharing Plan and Trust-52$13,263,432$650,732$12,514iApproximate average salary by contribution assumption: employee only about $312,852 at 4% or $208,568 at 6%; with 50% employer match about $208,568 at 4% or $139,045 at 6%; with 100% employer match about $156,426 at 4% or $104,284 at 6%.
Salem Electric Restated Money Purchase Penison Plan and Trust-50$6,424,963$656,324$13,126iApproximate average salary by contribution assumption: employee only about $328,162 at 4% or $218,775 at 6%; with 50% employer match about $218,775 at 4% or $145,850 at 6%; with 100% employer match about $164,081 at 4% or $109,387 at 6%.
2013253$18,945,111$1,333,020$25,151iApproximate average salary by contribution assumption: employee only about $628,783 at 4% or $419,189 at 6%; with 50% employer match about $419,189 at 4% or $279,459 at 6%; with 100% employer match about $314,392 at 4% or $209,594 at 6%.
Salem Electric Restated Cash or Deferred Profit Sharing Plan and Trust-53$12,683,422$676,324$12,761iApproximate average salary by contribution assumption: employee only about $319,021 at 4% or $212,681 at 6%; with 50% employer match about $212,681 at 4% or $141,787 at 6%; with 100% employer match about $159,510 at 4% or $106,340 at 6%.
Salem Electric Restated Money Purchase Penison Plan and Trust-51$6,261,689$656,696$12,876iApproximate average salary by contribution assumption: employee only about $321,910 at 4% or $214,607 at 6%; with 50% employer match about $214,607 at 4% or $143,071 at 6%; with 100% employer match about $160,955 at 4% or $107,303 at 6%.
2012250$17,088,463$1,239,380$24,788iApproximate average salary by contribution assumption: employee only about $619,690 at 4% or $413,127 at 6%; with 50% employer match about $413,127 at 4% or $275,418 at 6%; with 100% employer match about $309,845 at 4% or $206,563 at 6%.
Salem Electric Restated Cash or Deferred Profit Sharing Plan and Trust-50$11,167,345$648,700$12,974iApproximate average salary by contribution assumption: employee only about $324,350 at 4% or $216,233 at 6%; with 50% employer match about $216,233 at 4% or $144,156 at 6%; with 100% employer match about $162,175 at 4% or $108,117 at 6%.
Salem Electric Restated Money Purchase Penison Plan and Trust-49$5,921,118$590,680$12,055iApproximate average salary by contribution assumption: employee only about $301,367 at 4% or $200,912 at 6%; with 50% employer match about $200,912 at 4% or $133,941 at 6%; with 100% employer match about $150,684 at 4% or $100,456 at 6%.
2011249$15,222,616$1,153,411$23,539iApproximate average salary by contribution assumption: employee only about $588,475 at 4% or $392,317 at 6%; with 50% employer match about $392,317 at 4% or $261,544 at 6%; with 100% employer match about $294,238 at 4% or $196,158 at 6%.
Salem Electric Restated Cash or Deferred Profit Sharing Plan and Trust-49$9,947,468$571,883$11,671iApproximate average salary by contribution assumption: employee only about $291,777 at 4% or $194,518 at 6%; with 50% employer match about $194,518 at 4% or $129,679 at 6%; with 100% employer match about $145,889 at 4% or $97,259 at 6%.
Salem Electric Restated Money Purchase Penison Plan and Trust-49$5,275,148$581,528$11,868iApproximate average salary by contribution assumption: employee only about $296,698 at 4% or $197,799 at 6%; with 50% employer match about $197,799 at 4% or $131,866 at 6%; with 100% employer match about $148,349 at 4% or $98,899 at 6%.
2010253$15,030,586$1,147,609$21,653iApproximate average salary by contribution assumption: employee only about $541,325 at 4% or $360,883 at 6%; with 50% employer match about $360,883 at 4% or $240,589 at 6%; with 100% employer match about $270,663 at 4% or $180,442 at 6%.
Salem Electric Restated Cash or Deferred Profit Sharing Plan and Trust-52$9,828,174$571,287$10,986iApproximate average salary by contribution assumption: employee only about $274,657 at 4% or $183,105 at 6%; with 50% employer match about $183,105 at 4% or $122,070 at 6%; with 100% employer match about $137,329 at 4% or $91,552 at 6%.
Salem Electric Restated Money Purchase Penison Plan and Trust-53$5,202,412$576,322$10,874iApproximate average salary by contribution assumption: employee only about $271,850 at 4% or $181,233 at 6%; with 50% employer match about $181,233 at 4% or $120,822 at 6%; with 100% employer match about $135,925 at 4% or $90,617 at 6%.
2009251$12,987,446$1,225,523$24,030iApproximate average salary by contribution assumption: employee only about $600,747 at 4% or $400,498 at 6%; with 50% employer match about $400,498 at 4% or $266,998 at 6%; with 100% employer match about $300,373 at 4% or $200,249 at 6%.
Salem Electric Restated Cash or Deferred Profit Sharing Plan and Trust-51$8,549,624$676,651$13,268iApproximate average salary by contribution assumption: employee only about $331,692 at 4% or $221,128 at 6%; with 50% employer match about $221,128 at 4% or $147,419 at 6%; with 100% employer match about $165,846 at 4% or $110,564 at 6%.
Salem Electric Restated Money Purchase Penison Plan and Trust-50$4,437,822$548,872$10,977iApproximate average salary by contribution assumption: employee only about $274,436 at 4% or $182,957 at 6%; with 50% employer match about $182,957 at 4% or $121,972 at 6%; with 100% employer match about $137,218 at 4% or $91,479 at 6%.
2008246$11,007,403$798,503$17,359iApproximate average salary by contribution assumption: employee only about $433,969 at 4% or $289,313 at 6%; with 50% employer match about $289,313 at 4% or $192,875 at 6%; with 100% employer match about $216,985 at 4% or $144,656 at 6%.
Salem Electric Restated Cash or Deferred Profit Sharing Plan and Trust-46$6,505,349$548,157$11,916iApproximate average salary by contribution assumption: employee only about $297,911 at 4% or $198,608 at 6%; with 50% employer match about $198,608 at 4% or $132,405 at 6%; with 100% employer match about $148,956 at 4% or $99,304 at 6%.
Salem Electric Restated Money Purchase Penison Plan and Trust-46$4,502,054$250,346$5,442iApproximate average salary by contribution assumption: employee only about $136,058 at 4% or $90,705 at 6%; with 50% employer match about $90,705 at 4% or $60,470 at 6%; with 100% employer match about $68,029 at 4% or $45,353 at 6%.
2007243$14,462,119$796,381$18,520iApproximate average salary by contribution assumption: employee only about $463,012 at 4% or $308,675 at 6%; with 50% employer match about $308,675 at 4% or $205,783 at 6%; with 100% employer match about $231,506 at 4% or $154,337 at 6%.
Salem Electric Restated Cash or Deferred Profit Sharing Plan and Trust-43$8,495,619$546,773$12,716iApproximate average salary by contribution assumption: employee only about $317,891 at 4% or $211,928 at 6%; with 50% employer match about $211,928 at 4% or $141,285 at 6%; with 100% employer match about $158,946 at 4% or $105,964 at 6%.
Salem Electric Restated Money Purchase Penison Plan and Trust-43$5,966,500$249,608$5,805iApproximate average salary by contribution assumption: employee only about $145,121 at 4% or $96,747 at 6%; with 50% employer match about $96,747 at 4% or $64,498 at 6%; with 100% employer match about $72,560 at 4% or $48,374 at 6%.
2006246$13,969,059$784,902$17,063iApproximate average salary by contribution assumption: employee only about $426,577 at 4% or $284,385 at 6%; with 50% employer match about $284,385 at 4% or $189,590 at 6%; with 100% employer match about $213,289 at 4% or $142,192 at 6%.
Salem Electric Restated Cash or Deferred Profit Sharing Plan and Trust-46$8,139,439$540,763$11,756iApproximate average salary by contribution assumption: employee only about $293,893 at 4% or $195,929 at 6%; with 50% employer match about $195,929 at 4% or $130,619 at 6%; with 100% employer match about $146,946 at 4% or $97,964 at 6%.
Salem Electric Restated Money Purchase Penison Plan and Trust-46$5,829,620$244,139$5,307iApproximate average salary by contribution assumption: employee only about $132,684 at 4% or $88,456 at 6%; with 50% employer match about $88,456 at 4% or $58,971 at 6%; with 100% employer match about $66,342 at 4% or $44,228 at 6%.
2005247$12,647,506$745,732$15,867iApproximate average salary by contribution assumption: employee only about $396,666 at 4% or $264,444 at 6%; with 50% employer match about $264,444 at 4% or $176,296 at 6%; with 100% employer match about $198,333 at 4% or $132,222 at 6%.
Salem Electric Restated Cash or Deferred Profit Sharing Plan and Trust-47$7,243,875$508,186$10,812iApproximate average salary by contribution assumption: employee only about $270,312 at 4% or $180,208 at 6%; with 50% employer match about $180,208 at 4% or $120,139 at 6%; with 100% employer match about $135,156 at 4% or $90,104 at 6%.
Salem Electric Restated Money Purchase Penison Plan and Trust-47$5,403,631$237,546$5,054iApproximate average salary by contribution assumption: employee only about $126,354 at 4% or $84,236 at 6%; with 50% employer match about $84,236 at 4% or $56,157 at 6%; with 100% employer match about $63,177 at 4% or $42,118 at 6%.
2004247$12,035,357$746,402$15,881iApproximate average salary by contribution assumption: employee only about $397,022 at 4% or $264,682 at 6%; with 50% employer match about $264,682 at 4% or $176,454 at 6%; with 100% employer match about $198,511 at 4% or $132,341 at 6%.
Salem Electric Restated Cash or Deferred Profit Sharing Plan and Trust-46$6,683,891$520,004$11,304iApproximate average salary by contribution assumption: employee only about $282,611 at 4% or $188,407 at 6%; with 50% employer match about $188,407 at 4% or $125,605 at 6%; with 100% employer match about $141,305 at 4% or $94,204 at 6%.
Salem Electric Restated Money Purchase Penison Plan and Trust-47$5,351,466$226,398$4,817iApproximate average salary by contribution assumption: employee only about $120,424 at 4% or $80,283 at 6%; with 50% employer match about $80,283 at 4% or $53,522 at 6%; with 100% employer match about $60,212 at 4% or $40,141 at 6%.
2003246$10,605,048$657,235$14,288iApproximate average salary by contribution assumption: employee only about $357,193 at 4% or $238,129 at 6%; with 50% employer match about $238,129 at 4% or $158,752 at 6%; with 100% employer match about $178,596 at 4% or $119,064 at 6%.
Salem Electric Restated Cash or Deferred Profit Sharing Plan and Trust-45$5,714,852$435,875$9,686iApproximate average salary by contribution assumption: employee only about $242,153 at 4% or $161,435 at 6%; with 50% employer match about $161,435 at 4% or $107,623 at 6%; with 100% employer match about $121,076 at 4% or $80,718 at 6%.
Salem Electric Restated Money Purchase Penison Plan and Trust-46$4,890,196$221,360$4,812iApproximate average salary by contribution assumption: employee only about $120,304 at 4% or $80,203 at 6%; with 50% employer match about $80,203 at 4% or $53,469 at 6%; with 100% employer match about $60,152 at 4% or $40,101 at 6%.
2002248$8,411,181$670,290$13,964iApproximate average salary by contribution assumption: employee only about $349,109 at 4% or $232,740 at 6%; with 50% employer match about $232,740 at 4% or $155,160 at 6%; with 100% employer match about $174,555 at 4% or $116,370 at 6%.
Salem Electric Restated Cash or Deferred Profit Sharing Plan and Trust-46$4,410,617$438,088$9,524iApproximate average salary by contribution assumption: employee only about $238,091 at 4% or $158,728 at 6%; with 50% employer match about $158,728 at 4% or $105,818 at 6%; with 100% employer match about $119,046 at 4% or $79,364 at 6%.
Salem Electric Restated Money Purchase Penison Plan and Trust-48$4,000,564$232,202$4,838iApproximate average salary by contribution assumption: employee only about $120,939 at 4% or $80,626 at 6%; with 50% employer match about $80,626 at 4% or $53,750 at 6%; with 100% employer match about $60,469 at 4% or $40,313 at 6%.
2001245$4,845,055$408,498$9,078iApproximate average salary by contribution assumption: employee only about $226,943 at 4% or $151,296 at 6%; with 50% employer match about $151,296 at 4% or $100,864 at 6%; with 100% employer match about $113,472 at 4% or $75,648 at 6%.
Salem Electric Restated Cash or Deferred Profit Sharing Plan and Trust-44$4,845,055$408,498$9,284iApproximate average salary by contribution assumption: employee only about $232,101 at 4% or $154,734 at 6%; with 50% employer match about $154,734 at 4% or $103,156 at 6%; with 100% employer match about $116,051 at 4% or $77,367 at 6%.
Salem Electric Restated Money Purchase Penison Plan and Trust-45---
2000245$10,572,988$523,170$11,626iApproximate average salary by contribution assumption: employee only about $290,650 at 4% or $193,767 at 6%; with 50% employer match about $193,767 at 4% or $129,178 at 6%; with 100% employer match about $145,325 at 4% or $96,883 at 6%.
Salem Electric Restated Cash or Deferred Profit Sharing Plan and Trust-44$5,507,332$334,752$7,608iApproximate average salary by contribution assumption: employee only about $190,200 at 4% or $126,800 at 6%; with 50% employer match about $126,800 at 4% or $84,533 at 6%; with 100% employer match about $95,100 at 4% or $63,400 at 6%.
Salem Electric Restated Money Purchase Penison Plan and Trust-45$5,065,656$188,418$4,187iApproximate average salary by contribution assumption: employee only about $104,677 at 4% or $69,784 at 6%; with 50% employer match about $69,784 at 4% or $46,523 at 6%; with 100% employer match about $52,338 at 4% or $34,892 at 6%.
1999248$12,376,942$428,126$8,919iApproximate average salary by contribution assumption: employee only about $222,982 at 4% or $148,655 at 6%; with 50% employer match about $148,655 at 4% or $99,103 at 6%; with 100% employer match about $111,491 at 4% or $74,327 at 6%.
Salem Electric Restated Cash or Deferred Profit Sharing Plan and Trust-47$6,592,895$251,686$5,355iApproximate average salary by contribution assumption: employee only about $133,876 at 4% or $89,250 at 6%; with 50% employer match about $89,250 at 4% or $59,500 at 6%; with 100% employer match about $66,938 at 4% or $44,625 at 6%.
Salem Electric Restated Money Purchase Penison Plan and Trust-48$5,784,047$176,440$3,676iApproximate average salary by contribution assumption: employee only about $91,896 at 4% or $61,264 at 6%; with 50% employer match about $61,264 at 4% or $40,843 at 6%; with 100% employer match about $45,948 at 4% or $30,632 at 6%.
Salem Electric | EIN 93-0272945 | 2024 Form 5500 Company Profile