Back to filter
Original filing (PDF)20251008090636NAL0005311617001
SALEM ELECTRIC COMPANY
Form 5500
FILING_RECEIVED
SALEM ELECTRIC CO. RETIREMENT SAVINGS PLAN
401(k) retirement plan
Signals · 1
No recordkeeper disclosed
Active participants
164
Accounts w/ balance
184
Plan assets (EOY)
$15.5M
Net assets (EOY)
$15.5M
How this plan invests
This plan
1 pooled trust
Schedule D
23 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
93
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
80
Vendor stack
80
Participation health
100
Knocking points off
- 43 bps in Schedule C fees — modestly above peer band of 29 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for SALEM ELECTRIC COMPANY.
Plan sponsor
Name
SALEM ELECTRIC COMPANY
EIN
56-0633616
Address
3933 WESTPOINT BOULEVARD · WINSTON-SALEM, NC · 27103
Phone
(336) 714-5125
Industry
Electrical Contractors· Constructionsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-08
Pension benefit codes
2S · Automatic enrollment
2E · Profit-sharing
3D · Pre-approved plan (master / prototype / VS)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2F · ERISA section 404(c)
2T · Default investment account (QDIA)
Audit & trust (Schedule H)
Auditor
RSM US LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
3 rowsOther
3| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| ASCENSUS LLC | 11-3665754 | — | NONE | $40K | — |
| ONE DIGITAL INVESTMENT ADVISORS | — | OVERLAND PARK, KS | NONE | $25K | — |
| NEXTCAPITAL GROUP, INC. | — | CHICAGO, IL | NONE | $2K | — |
Investments
22 direct securities · 1 pooled fund· $15.5M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Uncategorized
$14.5M
22 holdings
Common Collective Trust
$1.0M
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| T. Rowe Price Retirement 2030 I T. Rowe Price 0 | — | — | — | $1.8M | 11.8% | |
| American Century Growth R6 American Century 0 | — | — | — | $1.6M | 10.1% | |
| T. Rowe Price Retirement 2040 I T. Rowe Price 0 | — | — | — | $1.6M | 10.0% | |
| Vanguard 500 Index Adm Vanguard 0 | — | — | — | $1.3M | 8.5% | |
| Macquarie Mid Cap Growth R6 Macquarie 0 | — | — | — | $1.1M | 7.1% | |
| Vanguard Equity Income Adm Vanguard 0 | — | — | — | $1.1M | 6.8% | |
| FEDERATED HERMES CAPITAL PRES R6 FEDERATED HERMES · EIN 22-2712853 / PN 001 | Common Collective Trust | — | — | $1.0M | 6.6% | |
| T. Rowe Price Retirement 2050 I T. Rowe Price 0 | — | — | — | $995K | 6.4% | |
| JHancock International Growth R6 John Hancock 0 | — | — | — | $888K | 5.7% | |
| Fidelity Mid Cap Index Fidelity 0 | — | — | — | $723K | 4.6% | |
| American Funds US Government Sec R6 American Funds 0 | — | — | — | $631K | 4.1% | |
| Vanguard Wellington Admiral Vanguard 0 | — | — | — | $553K | 3.6% | |
| Dodge & Cox Income Fund I Dodge 0 | — | — | — | $410K | 2.6% | |
| T. Rowe Price Retirement 2060 I T. Rowe Price 0 | — | — | — | $397K | 2.6% | |
| Various Rates and Maturities Participant's Loan Account 0 | — | — | — | $389K | 2.5% | |
| Fidelity Small Cap Index Fidelity 0 | — | — | — | $299K | 1.9% | |
| T. Rowe Price Retirement 2020 I T. Rowe Price 0 | — | — | — | $292K | 1.9% | |
| Fidelity International Index Fidelity 0 | — | — | — | $220K | 1.4% | |
| MFS Mid Cap Value R6 MFS 0 | — | — | — | $130K | 0.8% | |
| PIMCO Intl Bond (USDHedged) I PIMCO 0 | — | — | — | $87K | 0.6% | |
| T. Rowe Price Retirement 2055 I T. Rowe Price 0 | — | — | — | $17K | 0.1% | |
| T. Rowe Price Retirement 2045 I T. Rowe Price 0 | — | — | — | $14K | <0.1% | |
| T. Rowe Price Retirement 2035 I T. Rowe Price 0 | — | — | — | $12K | <0.1% |