Salem Stone Corporation 401(k) Plan: Login, Facts & Contact Information

Salem Stone Corporation 401(k) Plan Facts

Plan name
SALEM STONE SAVINGS PLAN AND TRUST
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SALEM STONE CORPORATION
Participants
202 (201 active employees)
Former employees with a balance
20
Plan assets
$9,424,252 at Dec 31, 2024
Average account balance
$63,250 across 149 accounts
Employer contributions
$226,426 in plan year 2024 (28% of all contributions)
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1989
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jul 25, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $807,689 went into the plan in contributions, $226,426 of it from the employer (28%).
  • $48,702 was paid out to participants.
  • Investment and other income added $946,255.
  • Administrative expenses were $50,718, about $340 per account.

How the Salem Stone Corporation 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019163$7.32 million$132,880$250,254
2020161$8.56 million$161,964$147,724
2021162$8.60 million$171,868$1.41 million
2022169$7.18 million$185,722$930,961
2023184$7.77 million$205,481$1.08 million
2024202$9.42 million$226,426$48,702

Salem Stone Corporation 401(k) Contact Information

Phone
540-674-5556
Mailing address
PO BOX 1620, DUBLIN VA 24084
Plan sponsor
SALEM STONE CORPORATION
Employer identification number (EIN)
54-1218603
Plan number
001

Questions about the Salem Stone Corporation 401(k)

Does Salem Stone Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $226,426, 28% of all contributions.

Does the Salem Stone Corporation 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Salem Stone Corporation 401(k) plan?

202 participants at the start of plan year 2024, 201 of them active employees, and 20 former employees who still had money in the plan.

What is the average 401(k) balance at Salem Stone Corporation?

About $63,250 per account: $9.42 million in plan assets across 149 accounts with a balance at the end of plan year 2024.

Who manages the Salem Stone Corporation 401(k) accounts?

BENEFIT STRATEGIES, INC. is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Salem Stone Corporation. How do I access my 401(k)?

Your account stays with BENEFIT STRATEGIES, INC. after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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