Salo Inc. 401(k) Plan: Login, Facts & Contact Information

Salo Inc. 401(k) Plan Facts

Plan name
SALO INCORPORATED 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SALO INC.
Participants
947 (612 active employees)
Former employees with a balance
389
Plan assets
$27,456,299 at Dec 31, 2024
Average account balance
$28,571 across 961 accounts
Employer contributions
$600,997 in plan year 2024 (21% of all contributions)
Recordkeeper
John Hancock Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Oct 1, 1991
✓ 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 Oct 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $2.82 million went into the plan in contributions, $600,997 of it from the employer (21%).
  • $5.02 million was paid out to participants.
  • Investment and other income added $3.76 million.
  • Administrative expenses were $84,062, about $87 per account.

How the Salo Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,266$22.8 million$482,637$2.59 million
20201,254$25.7 million$518,600$2.86 million
20211,271$27.8 million$476,091$3.61 million
20221,222$22.2 million$491,082$3.45 million
2023852$26.0 million$562,029$2.58 million
2024947$27.5 million$600,997$5.02 million

Salo Inc. 401(k) Contact Information

Phone
614-436-9404
Mailing address
300 W. WILSON BRIDGE RD, SUITE 250, WORTHINGTON OH 430852271
Plan sponsor
SALO INC.
Employer identification number (EIN)
31-1692726
Plan number
001

Questions about the Salo Inc. 401(k)

Does Salo Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $600,997, 21% of all contributions.

Does the Salo Inc 401(k) have automatic enrollment?

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

How many people are in the Salo Inc 401(k) plan?

947 participants at the start of plan year 2024, 612 of them active employees, and 389 former employees who still had money in the plan.

What is the average 401(k) balance at Salo Inc?

About $28,571 per account: $27.5 million in plan assets across 961 accounts with a balance at the end of plan year 2024.

Who manages the Salo Inc 401(k) accounts?

John Hancock (listed on the filing as JOHN HANCOCK LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Salo Inc. How do I access my 401(k)?

Your account stays with John Hancock 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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