Plan Snapshot
- Plan Sponsor: Salo INC.
- Sponsor EIN: 311692726
- Sponsor Address: 300 W. WILSON BRIDGE RD, SUITE 250, WORTHINGTON, OH, 430852271
- Plan Type: 401(k)
- Total Participants: 612
- Total Assets: $27.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 612 | $27.5M | $600,997 | $1.7M |
| 2023 | 639 | $26.0M | $562,029 | $1.7M |
| 2022 | 648 | $22.2M | $491,082 | $1.5M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FLAGEL HUBER FLAGEL | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FLAGEL HUBER FLAGEL — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $84,062 | $73,302 | $10,760 | — | — |
| 2023 | $69,619 | $58,889 | $10,730 | — | — |
| 2022 | $66,777 | $57,578 | $9,199 | — | — |