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SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 401k Plan overview

Plan NameSALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN
Plan identification number 001

SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

SALEM MEDIA GROUP, INC. has sponsored the creation of one or more 401k plans.

Company Name:SALEM MEDIA GROUP, INC.
Employer identification number (EIN):770121400
NAIC Classification:515100

Additional information about SALEM MEDIA GROUP, INC.

Jurisdiction of Incorporation: California Department of State
Incorporation Date: 1986-07-24
Company Identification Number: C1381287
Legal Registered Office Address: 4880 Santa Rosa Rd #300

Camarillo
United States of America (USA)
93012

More information about SALEM MEDIA GROUP, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01EVAN MASYR
0012017-01-01CHRISTOPHER HENDERSON EVAN MASYR2018-07-05
0012016-01-01CHRISTOPHER HENDERSON EVAN MASYR2017-07-05
0012015-01-01CHRISTOPHER J HENDERSON EVAN MASYR2016-06-30
0012014-01-01CHRISTOPHER J HENDERSON EVAN D MASYR2015-06-30
0012013-01-01CHRISTOPHER HENDERSON EVAN MASYR2014-07-10
0012012-01-01CHRISTOPHER J. HENDERSON
0012011-01-01CHRISTOPHER HENDERSON EVAN MASYR2012-10-15
0012009-01-01CHRISTOPHER HENDERSON EVAN MASYR2010-10-14

Plan Statistics for SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN

401k plan membership statisitcs for SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN

Measure Date Value
2022: SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-011,681
Total number of active participants reported on line 7a of the Form 55002022-01-011,380
Number of retired or separated participants receiving benefits2022-01-0123
Number of other retired or separated participants entitled to future benefits2022-01-01353
Total of all active and inactive participants2022-01-011,756
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-011,756
Number of participants with account balances2022-01-011,525
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-01131
2021: SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-011,678
Total number of active participants reported on line 7a of the Form 55002021-01-011,334
Number of retired or separated participants receiving benefits2021-01-0125
Number of other retired or separated participants entitled to future benefits2021-01-01343
Total of all active and inactive participants2021-01-011,702
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-011,702
Number of participants with account balances2021-01-011,473
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-01114
2020: SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-011,600
Total number of active participants reported on line 7a of the Form 55002020-01-011,314
Number of retired or separated participants receiving benefits2020-01-0138
Number of other retired or separated participants entitled to future benefits2020-01-01313
Total of all active and inactive participants2020-01-011,665
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-011,665
Number of participants with account balances2020-01-011,448
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-01129
2019: SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-011,615
Total number of active participants reported on line 7a of the Form 55002019-01-011,237
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-01357
Total of all active and inactive participants2019-01-011,594
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-016
Total participants2019-01-011,600
Number of participants with account balances2019-01-011,509
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-0144
2018: SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-011,591
Total number of active participants reported on line 7a of the Form 55002018-01-011,300
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-01306
Total of all active and inactive participants2018-01-011,606
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-019
Total participants2018-01-011,615
Number of participants with account balances2018-01-011,528
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-0145
2017: SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-011,622
Total number of active participants reported on line 7a of the Form 55002017-01-011,317
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-01267
Total of all active and inactive participants2017-01-011,584
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-017
Total participants2017-01-011,591
Number of participants with account balances2017-01-011,506
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-0133
2016: SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-011,637
Total number of active participants reported on line 7a of the Form 55002016-01-011,394
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-01225
Total of all active and inactive participants2016-01-011,619
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-013
Total participants2016-01-011,622
Number of participants with account balances2016-01-011,512
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-0135
2015: SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-011,766
Total number of active participants reported on line 7a of the Form 55002015-01-011,416
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-01220
Total of all active and inactive participants2015-01-011,636
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-011
Total participants2015-01-011,637
Number of participants with account balances2015-01-011,466
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-0137
2014: SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-011,704
Total number of active participants reported on line 7a of the Form 55002014-01-011,449
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-01314
Total of all active and inactive participants2014-01-011,763
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-012
Total participants2014-01-011,765
Number of participants with account balances2014-01-011,592
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-0129
2013: SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-011,743
Total number of active participants reported on line 7a of the Form 55002013-01-011,316
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-01386
Total of all active and inactive participants2013-01-011,702
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-012
Total participants2013-01-011,704
Number of participants with account balances2013-01-011,517
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-0134
2012: SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-011,730
Total number of active participants reported on line 7a of the Form 55002012-01-011,356
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-01383
Total of all active and inactive participants2012-01-011,739
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-013
Total participants2012-01-011,742
Number of participants with account balances2012-01-011,515
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-0197
2011: SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-011,693
Total number of active participants reported on line 7a of the Form 55002011-01-011,423
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-01303
Total of all active and inactive participants2011-01-011,726
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-014
Total participants2011-01-011,730
Number of participants with account balances2011-01-011,463
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-011,632
Total number of active participants reported on line 7a of the Form 55002009-01-011,389
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-01246
Total of all active and inactive participants2009-01-011,635
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-012
Total participants2009-01-011,637
Number of participants with account balances2009-01-011,234
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-0119

Financial Data on SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN

Measure Date Value
2022 : SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2022 401k financial data
Unrealized appreciation/depreciation of real estate assets2022-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2022-12-31$0
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Expenses. Interest paid2022-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022022-12-31$0
Total income from all sources (including contributions)2022-12-31$-7,615,273
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$5,206,307
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$4,910,993
Expenses. Certain deemed distributions of participant loans2022-12-31$101,356
Value of total corrective distributions2022-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$11,688,610
Value of total assets at end of year2022-12-31$105,446,270
Value of total assets at beginning of year2022-12-31$118,267,850
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$193,958
Total income from rents2022-12-31$0
Total interest from all sources2022-12-31$51,946
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$3,360,025
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$3,360,025
Assets. Real estate other than employer real property at end of year2022-12-31$0
Assets. Real estate other than employer real property at beginning of year2022-12-31$0
Administrative expenses professional fees incurred2022-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at end of year2022-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2022-12-31$0
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$2,500,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$8,005,222
Participant contributions at end of year2022-12-31$1,094,501
Participant contributions at beginning of year2022-12-31$1,371,396
Participant contributions at end of year2022-12-31$0
Participant contributions at beginning of year2022-12-31$0
Assets. Other investments not covered elsewhere at end of year2022-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2022-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$1,633,549
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2022-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-12-31$0
Assets. Loans (other than to participants) at end of year2022-12-31$0
Assets. Loans (other than to participants) at beginning of year2022-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2022-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2022-12-31$0
Other income not declared elsewhere2022-12-31$2,283
Administrative expenses (other) incurred2022-12-31$0
Total non interest bearing cash at end of year2022-12-31$0
Total non interest bearing cash at beginning of year2022-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Income. Non cash contributions2022-12-31$0
Value of net income/loss2022-12-31$-12,821,580
Value of net assets at end of year (total assets less liabilities)2022-12-31$105,446,270
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$118,267,850
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Assets. partnership/joint venture interests at end of year2022-12-31$0
Assets. partnership/joint venture interests at beginning of year2022-12-31$0
Investment advisory and management fees2022-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$104,351,769
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$116,896,454
Interest on participant loans2022-12-31$51,946
Income. Interest from loans (other than to participants)2022-12-31$0
Interest earned on other investments2022-12-31$0
Income. Interest from US Government securities2022-12-31$0
Income. Interest from corporate debt instruments2022-12-31$0
Value of interest in master investment trust accounts at end of year2022-12-31$0
Value of interest in master investment trust accounts at beginning of year2022-12-31$0
Value of interest in common/collective trusts at end of year2022-12-31$0
Value of interest in common/collective trusts at beginning of year2022-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$0
Assets. Value of investments in 103.12 investment entities at end of year2022-12-31$0
Assets. Value of investments in 103.12 investment entities at beginning of year2022-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2022-12-31$0
Asset value of US Government securities at end of year2022-12-31$0
Asset value of US Government securities at beginning of year2022-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-22,718,137
Net investment gain/loss from pooled separate accounts2022-12-31$0
Net investment gain or loss from common/collective trusts2022-12-31$0
Net gain/loss from 103.12 investment entities2022-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Assets. Invements in employer securities at end of year2022-12-31$0
Assets. Invements in employer securities at beginning of year2022-12-31$0
Assets. Value of employer real property at end of year2022-12-31$0
Assets. Value of employer real property at beginning of year2022-12-31$0
Contributions received in cash from employer2022-12-31$2,049,839
Employer contributions (assets) at end of year2022-12-31$0
Employer contributions (assets) at beginning of year2022-12-31$0
Income. Dividends from preferred stock2022-12-31$0
Income. Dividends from common stock2022-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$4,910,993
Asset. Corporate debt instrument preferred debt at end of year2022-12-31$0
Asset. Corporate debt instrument preferred debt at beginning of year2022-12-31$0
Asset. Corporate debt instrument debt (other) at end of year2022-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2022-12-31$0
Contract administrator fees2022-12-31$193,958
Assets. Corporate common stocks other than exployer securities at end of year2022-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2022-12-31$0
Liabilities. Value of benefit claims payable at end of year2022-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2022-12-31$0
Assets. Value of buildings and other operty used in plan operation at end of year2022-12-31$0
Assets. Value of buildings and other operty used in plan operation at beginning of year2022-12-31$0
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Aggregate proceeds on sale of assets2022-12-31$0
Aggregate carrying amount (costs) on sale of assets2022-12-31$0
Liabilities. Value of acquisition indebtedness at end of year2022-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2022-12-31$0
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31MILLER KAPLAN ARASE LLP
Accountancy firm EIN2022-12-31952036255
2021 : SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2021 401k financial data
Unrealized appreciation/depreciation of real estate assets2021-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2021-12-31$0
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Expenses. Interest paid2021-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022021-12-31$0
Total income from all sources (including contributions)2021-12-31$21,889,237
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$9,138,371
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$8,973,365
Expenses. Certain deemed distributions of participant loans2021-12-31$44,309
Value of total corrective distributions2021-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$7,117,164
Value of total assets at end of year2021-12-31$118,267,850
Value of total assets at beginning of year2021-12-31$105,516,984
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$120,697
Total income from rents2021-12-31$0
Total interest from all sources2021-12-31$63,449
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$4,611,826
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$4,611,826
Assets. Real estate other than employer real property at end of year2021-12-31$0
Assets. Real estate other than employer real property at beginning of year2021-12-31$0
Administrative expenses professional fees incurred2021-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at end of year2021-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2021-12-31$0
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$2,500,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$7,071,267
Participant contributions at end of year2021-12-31$1,371,396
Participant contributions at beginning of year2021-12-31$1,405,232
Participant contributions at end of year2021-12-31$0
Participant contributions at beginning of year2021-12-31$0
Assets. Other investments not covered elsewhere at end of year2021-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2021-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$35,304
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2021-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-12-31$0
Assets. Loans (other than to participants) at end of year2021-12-31$0
Assets. Loans (other than to participants) at beginning of year2021-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2021-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2021-12-31$0
Other income not declared elsewhere2021-12-31$6,552
Administrative expenses (other) incurred2021-12-31$0
Total non interest bearing cash at end of year2021-12-31$0
Total non interest bearing cash at beginning of year2021-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Income. Non cash contributions2021-12-31$0
Value of net income/loss2021-12-31$12,750,866
Value of net assets at end of year (total assets less liabilities)2021-12-31$118,267,850
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$105,516,984
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Assets. partnership/joint venture interests at end of year2021-12-31$0
Assets. partnership/joint venture interests at beginning of year2021-12-31$0
Investment advisory and management fees2021-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$116,896,454
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$104,111,752
Interest on participant loans2021-12-31$63,449
Income. Interest from loans (other than to participants)2021-12-31$0
Interest earned on other investments2021-12-31$0
Income. Interest from US Government securities2021-12-31$0
Income. Interest from corporate debt instruments2021-12-31$0
Value of interest in master investment trust accounts at end of year2021-12-31$0
Value of interest in master investment trust accounts at beginning of year2021-12-31$0
Value of interest in common/collective trusts at end of year2021-12-31$0
Value of interest in common/collective trusts at beginning of year2021-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-12-31$0
Assets. Value of investments in 103.12 investment entities at end of year2021-12-31$0
Assets. Value of investments in 103.12 investment entities at beginning of year2021-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2021-12-31$0
Asset value of US Government securities at end of year2021-12-31$0
Asset value of US Government securities at beginning of year2021-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$10,090,246
Net investment gain/loss from pooled separate accounts2021-12-31$0
Net investment gain or loss from common/collective trusts2021-12-31$0
Net gain/loss from 103.12 investment entities2021-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Assets. Invements in employer securities at end of year2021-12-31$0
Assets. Invements in employer securities at beginning of year2021-12-31$0
Assets. Value of employer real property at end of year2021-12-31$0
Assets. Value of employer real property at beginning of year2021-12-31$0
Contributions received in cash from employer2021-12-31$10,593
Employer contributions (assets) at end of year2021-12-31$0
Employer contributions (assets) at beginning of year2021-12-31$0
Income. Dividends from preferred stock2021-12-31$0
Income. Dividends from common stock2021-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$8,973,365
Asset. Corporate debt instrument preferred debt at end of year2021-12-31$0
Asset. Corporate debt instrument preferred debt at beginning of year2021-12-31$0
Asset. Corporate debt instrument debt (other) at end of year2021-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2021-12-31$0
Contract administrator fees2021-12-31$120,697
Assets. Corporate common stocks other than exployer securities at end of year2021-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2021-12-31$0
Liabilities. Value of benefit claims payable at end of year2021-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2021-12-31$0
Assets. Value of buildings and other operty used in plan operation at end of year2021-12-31$0
Assets. Value of buildings and other operty used in plan operation at beginning of year2021-12-31$0
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Aggregate proceeds on sale of assets2021-12-31$0
Aggregate carrying amount (costs) on sale of assets2021-12-31$0
Liabilities. Value of acquisition indebtedness at end of year2021-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2021-12-31$0
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31MILLER KAPLAN ARASE LLP
Accountancy firm EIN2021-12-31952036255
2020 : SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2020 401k financial data
Unrealized appreciation/depreciation of real estate assets2020-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2020-12-31$0
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Expenses. Interest paid2020-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022020-12-31$0
Total income from all sources (including contributions)2020-12-31$22,428,400
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$10,736,383
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$10,510,879
Expenses. Certain deemed distributions of participant loans2020-12-31$28,982
Value of total corrective distributions2020-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$7,441,228
Value of total assets at end of year2020-12-31$105,516,984
Value of total assets at beginning of year2020-12-31$93,824,967
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$196,522
Total income from rents2020-12-31$0
Total interest from all sources2020-12-31$81,940
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$3,264,910
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$3,262,944
Assets. Real estate other than employer real property at end of year2020-12-31$0
Assets. Real estate other than employer real property at beginning of year2020-12-31$0
Administrative expenses professional fees incurred2020-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at end of year2020-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2020-12-31$0
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$2,500,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$6,533,366
Participant contributions at end of year2020-12-31$1,405,232
Participant contributions at beginning of year2020-12-31$1,669,456
Participant contributions at end of year2020-12-31$0
Participant contributions at beginning of year2020-12-31$0
Assets. Other investments not covered elsewhere at end of year2020-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2020-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$90,112
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2020-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$0
Assets. Loans (other than to participants) at end of year2020-12-31$0
Assets. Loans (other than to participants) at beginning of year2020-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2020-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2020-12-31$0
Other income not declared elsewhere2020-12-31$-25,840
Administrative expenses (other) incurred2020-12-31$0
Total non interest bearing cash at end of year2020-12-31$0
Total non interest bearing cash at beginning of year2020-12-31$-27
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Income. Non cash contributions2020-12-31$0
Value of net income/loss2020-12-31$11,692,017
Value of net assets at end of year (total assets less liabilities)2020-12-31$105,516,984
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$93,824,967
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Assets. partnership/joint venture interests at end of year2020-12-31$0
Assets. partnership/joint venture interests at beginning of year2020-12-31$0
Investment advisory and management fees2020-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$104,111,752
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$84,680,783
Interest on participant loans2020-12-31$81,940
Income. Interest from loans (other than to participants)2020-12-31$0
Interest earned on other investments2020-12-31$0
Income. Interest from US Government securities2020-12-31$0
Income. Interest from corporate debt instruments2020-12-31$0
Value of interest in master investment trust accounts at end of year2020-12-31$0
Value of interest in master investment trust accounts at beginning of year2020-12-31$0
Value of interest in common/collective trusts at end of year2020-12-31$0
Value of interest in common/collective trusts at beginning of year2020-12-31$7,352,737
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$0
Assets. Value of investments in 103.12 investment entities at end of year2020-12-31$0
Assets. Value of investments in 103.12 investment entities at beginning of year2020-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2020-12-31$0
Asset value of US Government securities at end of year2020-12-31$0
Asset value of US Government securities at beginning of year2020-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$11,666,162
Net investment gain/loss from pooled separate accounts2020-12-31$0
Net investment gain or loss from common/collective trusts2020-12-31$0
Net gain/loss from 103.12 investment entities2020-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Assets. Invements in employer securities at end of year2020-12-31$0
Assets. Invements in employer securities at beginning of year2020-12-31$122,018
Assets. Value of employer real property at end of year2020-12-31$0
Assets. Value of employer real property at beginning of year2020-12-31$0
Contributions received in cash from employer2020-12-31$817,750
Employer contributions (assets) at end of year2020-12-31$0
Employer contributions (assets) at beginning of year2020-12-31$0
Income. Dividends from preferred stock2020-12-31$0
Income. Dividends from common stock2020-12-31$1,966
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$10,510,879
Asset. Corporate debt instrument preferred debt at end of year2020-12-31$0
Asset. Corporate debt instrument preferred debt at beginning of year2020-12-31$0
Asset. Corporate debt instrument debt (other) at end of year2020-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2020-12-31$0
Contract administrator fees2020-12-31$196,522
Assets. Corporate common stocks other than exployer securities at end of year2020-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2020-12-31$0
Liabilities. Value of benefit claims payable at end of year2020-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2020-12-31$0
Assets. Value of buildings and other operty used in plan operation at end of year2020-12-31$0
Assets. Value of buildings and other operty used in plan operation at beginning of year2020-12-31$0
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Aggregate proceeds on sale of assets2020-12-31$0
Aggregate carrying amount (costs) on sale of assets2020-12-31$0
Liabilities. Value of acquisition indebtedness at end of year2020-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2020-12-31$0
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31CROWE, LLP
Accountancy firm EIN2020-12-31350921680
2019 : SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2019 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$-48,118
Total unrealized appreciation/depreciation of assets2019-12-31$-48,118
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$25,825,264
Total loss/gain on sale of assets2019-12-31$-1,947
Total of all expenses incurred2019-12-31$5,694,594
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$5,455,793
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$9,309,421
Value of total assets at end of year2019-12-31$93,824,967
Value of total assets at beginning of year2019-12-31$73,694,297
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$238,801
Total interest from all sources2019-12-31$93,170
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$1,568,603
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$1,553,959
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$2,500,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$7,080,573
Participant contributions at end of year2019-12-31$1,669,456
Participant contributions at beginning of year2019-12-31$1,716,529
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$203,560
Other income not declared elsewhere2019-12-31$17,613
Administrative expenses (other) incurred2019-12-31$238,801
Total non interest bearing cash at end of year2019-12-31$-27
Total non interest bearing cash at beginning of year2019-12-31$-24
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$20,130,670
Value of net assets at end of year (total assets less liabilities)2019-12-31$93,824,967
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$73,694,297
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$84,680,783
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$65,305,031
Interest on participant loans2019-12-31$93,170
Value of interest in common/collective trusts at end of year2019-12-31$7,352,737
Value of interest in common/collective trusts at beginning of year2019-12-31$6,558,906
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$14,710,772
Net investment gain or loss from common/collective trusts2019-12-31$175,750
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Assets. Invements in employer securities at end of year2019-12-31$122,018
Assets. Invements in employer securities at beginning of year2019-12-31$113,855
Contributions received in cash from employer2019-12-31$2,025,288
Income. Dividends from common stock2019-12-31$14,644
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$5,455,793
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Aggregate proceeds on sale of assets2019-12-31$19,377
Aggregate carrying amount (costs) on sale of assets2019-12-31$21,324
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31No
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Accountancy firm name2019-12-31CROWE LLP
Accountancy firm EIN2019-12-31350921680
2018 : SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2018 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2018-12-31$-104,072
Total unrealized appreciation/depreciation of assets2018-12-31$-104,072
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$4,161,146
Total loss/gain on sale of assets2018-12-31$-8,886
Total of all expenses incurred2018-12-31$8,162,158
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$7,774,372
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$8,079,800
Value of total assets at end of year2018-12-31$73,694,297
Value of total assets at beginning of year2018-12-31$77,695,309
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$387,786
Total interest from all sources2018-12-31$77,756
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$1,321,884
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$1,310,072
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$2,500,000
If this is an individual account plan, was there a blackout period2018-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$6,167,869
Participant contributions at end of year2018-12-31$1,716,529
Participant contributions at beginning of year2018-12-31$1,505,346
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$66,549
Other income not declared elsewhere2018-12-31$3,195
Administrative expenses (other) incurred2018-12-31$387,786
Total non interest bearing cash at end of year2018-12-31$-24
Total non interest bearing cash at beginning of year2018-12-31$-28
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-4,001,012
Value of net assets at end of year (total assets less liabilities)2018-12-31$73,694,297
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$77,695,309
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$65,305,031
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$70,282,959
Interest on participant loans2018-12-31$77,756
Value of interest in common/collective trusts at end of year2018-12-31$6,558,906
Value of interest in common/collective trusts at beginning of year2018-12-31$5,703,906
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-5,336,761
Net investment gain or loss from common/collective trusts2018-12-31$128,230
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Assets. Invements in employer securities at end of year2018-12-31$113,855
Assets. Invements in employer securities at beginning of year2018-12-31$203,126
Contributions received in cash from employer2018-12-31$1,845,382
Income. Dividends from common stock2018-12-31$11,812
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$7,774,372
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32018-12-31Yes
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Aggregate proceeds on sale of assets2018-12-31$70,762
Aggregate carrying amount (costs) on sale of assets2018-12-31$79,648
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31No
Opinion of an independent qualified public accountant for this plan2018-12-31Unqualified
Accountancy firm name2018-12-31CROWE LLP
Accountancy firm EIN2018-12-31350921680
2017 : SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2017 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2017-12-31$-66,399
Total unrealized appreciation/depreciation of assets2017-12-31$-66,399
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$19,428,792
Total loss/gain on sale of assets2017-12-31$-5,423
Total of all expenses incurred2017-12-31$6,863,049
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$6,654,657
Expenses. Certain deemed distributions of participant loans2017-12-31$11
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$8,406,699
Value of total assets at end of year2017-12-31$77,695,309
Value of total assets at beginning of year2017-12-31$65,129,566
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$208,381
Total interest from all sources2017-12-31$66,891
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$1,109,485
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$1,099,402
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$2,500,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$5,973,608
Participant contributions at end of year2017-12-31$1,505,346
Participant contributions at beginning of year2017-12-31$1,511,782
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$533,361
Administrative expenses (other) incurred2017-12-31$208,381
Total non interest bearing cash at end of year2017-12-31$-28
Total non interest bearing cash at beginning of year2017-12-31$2,417
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$12,565,743
Value of net assets at end of year (total assets less liabilities)2017-12-31$77,695,309
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$65,129,566
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$70,282,959
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$58,242,737
Interest on participant loans2017-12-31$66,891
Value of interest in common/collective trusts at end of year2017-12-31$5,703,906
Value of interest in common/collective trusts at beginning of year2017-12-31$5,137,174
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$9,815,681
Net investment gain or loss from common/collective trusts2017-12-31$101,858
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Assets. Invements in employer securities at end of year2017-12-31$203,126
Assets. Invements in employer securities at beginning of year2017-12-31$235,456
Contributions received in cash from employer2017-12-31$1,899,730
Income. Dividends from common stock2017-12-31$10,083
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$6,654,657
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Aggregate proceeds on sale of assets2017-12-31$127,723
Aggregate carrying amount (costs) on sale of assets2017-12-31$133,146
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31No
Opinion of an independent qualified public accountant for this plan2017-12-31Unqualified
Accountancy firm name2017-12-31CROWE LLP
Accountancy firm EIN2017-12-31350921680
2016 : SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2016 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$33,578
Total unrealized appreciation/depreciation of assets2016-12-31$33,578
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total income from all sources (including contributions)2016-12-31$12,345,158
Total loss/gain on sale of assets2016-12-31$19,770
Total of all expenses incurred2016-12-31$6,139,805
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$5,916,825
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$7,660,646
Value of total assets at end of year2016-12-31$65,129,566
Value of total assets at beginning of year2016-12-31$58,924,213
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$222,980
Total interest from all sources2016-12-31$60,569
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$940,247
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$931,138
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$2,500,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$5,604,514
Participant contributions at end of year2016-12-31$1,511,782
Participant contributions at beginning of year2016-12-31$1,439,024
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$159,315
Administrative expenses (other) incurred2016-12-31$222,980
Total non interest bearing cash at end of year2016-12-31$2,417
Total non interest bearing cash at beginning of year2016-12-31$199
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$6,205,353
Value of net assets at end of year (total assets less liabilities)2016-12-31$65,129,566
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$58,924,213
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$58,242,737
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$51,815,381
Interest on participant loans2016-12-31$60,569
Value of interest in common/collective trusts at end of year2016-12-31$5,137,174
Value of interest in common/collective trusts at beginning of year2016-12-31$5,517,878
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$3,536,758
Net investment gain or loss from common/collective trusts2016-12-31$93,590
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Assets. Invements in employer securities at end of year2016-12-31$235,456
Assets. Invements in employer securities at beginning of year2016-12-31$151,731
Contributions received in cash from employer2016-12-31$1,896,817
Income. Dividends from common stock2016-12-31$9,109
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$5,916,825
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Aggregate proceeds on sale of assets2016-12-31$98,381
Aggregate carrying amount (costs) on sale of assets2016-12-31$78,611
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31No
Opinion of an independent qualified public accountant for this plan2016-12-31Unqualified
Accountancy firm name2016-12-31CROWE HORWATH LLP
Accountancy firm EIN2016-12-31350921680
2015 : SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2015 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2015-12-31$-55,196
Total unrealized appreciation/depreciation of assets2015-12-31$-55,196
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total income from all sources (including contributions)2015-12-31$6,834,214
Total loss/gain on sale of assets2015-12-31$-11,299
Total of all expenses incurred2015-12-31$4,438,445
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$4,236,716
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$7,454,070
Value of total assets at end of year2015-12-31$58,924,213
Value of total assets at beginning of year2015-12-31$56,528,444
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$201,729
Total interest from all sources2015-12-31$62,756
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$883,700
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$876,983
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$2,500,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$5,443,438
Participant contributions at end of year2015-12-31$1,439,024
Participant contributions at beginning of year2015-12-31$1,483,680
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$159,232
Administrative expenses (other) incurred2015-12-31$201,729
Total non interest bearing cash at end of year2015-12-31$199
Total non interest bearing cash at beginning of year2015-12-31$1,504
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$2,395,769
Value of net assets at end of year (total assets less liabilities)2015-12-31$58,924,213
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$56,528,444
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$51,815,381
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$49,841,459
Interest on participant loans2015-12-31$62,756
Value of interest in common/collective trusts at end of year2015-12-31$5,517,878
Value of interest in common/collective trusts at beginning of year2015-12-31$5,029,816
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-1,510,918
Net investment gain or loss from common/collective trusts2015-12-31$11,101
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Assets. Invements in employer securities at end of year2015-12-31$151,731
Assets. Invements in employer securities at beginning of year2015-12-31$171,985
Contributions received in cash from employer2015-12-31$1,851,400
Income. Dividends from common stock2015-12-31$6,717
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$4,236,716
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Aggregate proceeds on sale of assets2015-12-31$53,328
Aggregate carrying amount (costs) on sale of assets2015-12-31$64,627
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31No
Opinion of an independent qualified public accountant for this plan2015-12-31Unqualified
Accountancy firm name2015-12-31CROWE HORWATH LLP
Accountancy firm EIN2015-12-31350921680
2014 : SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2014 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2014-12-31$-16,608
Total unrealized appreciation/depreciation of assets2014-12-31$-16,608
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total income from all sources (including contributions)2014-12-31$10,455,692
Total loss/gain on sale of assets2014-12-31$293
Total of all expenses incurred2014-12-31$2,440,146
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$2,186,068
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$7,110,157
Value of total assets at end of year2014-12-31$56,528,444
Value of total assets at beginning of year2014-12-31$48,512,898
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$254,078
Total interest from all sources2014-12-31$55,474
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$2,400,515
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$2,395,744
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$2,500,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$5,087,908
Participant contributions at end of year2014-12-31$1,483,680
Participant contributions at beginning of year2014-12-31$1,169,198
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$373,586
Administrative expenses (other) incurred2014-12-31$254,078
Total non interest bearing cash at end of year2014-12-31$1,504
Total non interest bearing cash at beginning of year2014-12-31$794
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$8,015,546
Value of net assets at end of year (total assets less liabilities)2014-12-31$56,528,444
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$48,512,898
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$49,841,459
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$41,488,790
Interest on participant loans2014-12-31$55,474
Value of interest in common/collective trusts at end of year2014-12-31$5,029,816
Value of interest in common/collective trusts at beginning of year2014-12-31$5,710,392
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$812,056
Net investment gain or loss from common/collective trusts2014-12-31$93,805
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Assets. Invements in employer securities at end of year2014-12-31$171,985
Contributions received in cash from employer2014-12-31$1,648,663
Income. Dividends from common stock2014-12-31$4,771
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$2,186,068
Assets. Corporate common stocks other than exployer securities at beginning of year2014-12-31$143,724
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Aggregate proceeds on sale of assets2014-12-31$28,055
Aggregate carrying amount (costs) on sale of assets2014-12-31$27,762
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31No
Opinion of an independent qualified public accountant for this plan2014-12-31Unqualified
Accountancy firm name2014-12-31CROWE HORWATH LLP
Accountancy firm EIN2014-12-31350921680
2013 : SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2013-12-31$33,768
Total unrealized appreciation/depreciation of assets2013-12-31$33,768
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total income from all sources (including contributions)2013-12-31$13,600,980
Total loss/gain on sale of assets2013-12-31$6,719
Total of all expenses incurred2013-12-31$3,920,788
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$3,751,076
Expenses. Certain deemed distributions of participant loans2013-12-31$-1,242
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$6,406,191
Value of total assets at end of year2013-12-31$48,512,898
Value of total assets at beginning of year2013-12-31$38,832,706
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$170,954
Total interest from all sources2013-12-31$48,287
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$1,428,098
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$1,425,021
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$2,500,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$4,235,146
Participant contributions at end of year2013-12-31$1,169,198
Participant contributions at beginning of year2013-12-31$1,094,242
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$751,388
Other income not declared elsewhere2013-12-31$226
Administrative expenses (other) incurred2013-12-31$170,954
Total non interest bearing cash at end of year2013-12-31$794
Total non interest bearing cash at beginning of year2013-12-31$1,273
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$9,680,192
Value of net assets at end of year (total assets less liabilities)2013-12-31$48,512,898
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$38,832,706
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$41,488,790
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$32,067,557
Interest on participant loans2013-12-31$48,287
Value of interest in common/collective trusts at end of year2013-12-31$5,710,392
Value of interest in common/collective trusts at beginning of year2013-12-31$5,605,086
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$5,712,382
Net investment gain or loss from common/collective trusts2013-12-31$-34,691
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$1,419,657
Income. Dividends from common stock2013-12-31$3,077
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$3,751,076
Assets. Corporate common stocks other than exployer securities at end of year2013-12-31$143,724
Assets. Corporate common stocks other than exployer securities at beginning of year2013-12-31$64,548
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Aggregate proceeds on sale of assets2013-12-31$33,616
Aggregate carrying amount (costs) on sale of assets2013-12-31$26,897
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31CROWE HORWATH
Accountancy firm EIN2013-12-31350920168
2012 : SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$2,276
Total unrealized appreciation/depreciation of assets2012-12-31$2,276
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total income from all sources (including contributions)2012-12-31$9,651,935
Total loss/gain on sale of assets2012-12-31$-1,893
Total of all expenses incurred2012-12-31$3,055,827
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$2,944,072
Expenses. Certain deemed distributions of participant loans2012-12-31$131
Value of total corrective distributions2012-12-31$10,259
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$5,102,610
Value of total assets at end of year2012-12-31$38,832,706
Value of total assets at beginning of year2012-12-31$32,236,598
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$101,365
Total interest from all sources2012-12-31$-110,444
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$681,148
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$680,440
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$2,500,000
If this is an individual account plan, was there a blackout period2012-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$3,544,545
Participant contributions at end of year2012-12-31$1,094,242
Participant contributions at beginning of year2012-12-31$1,260,943
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$358,280
Other income not declared elsewhere2012-12-31$982
Administrative expenses (other) incurred2012-12-31$101,365
Total non interest bearing cash at end of year2012-12-31$1,273
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$6,596,108
Value of net assets at end of year (total assets less liabilities)2012-12-31$38,832,706
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$32,236,598
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$32,067,557
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$25,252,338
Interest on participant loans2012-12-31$51,758
Interest earned on other investments2012-12-31$-162,202
Value of interest in common/collective trusts at end of year2012-12-31$5,605,086
Value of interest in common/collective trusts at beginning of year2012-12-31$523,747
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$5,199,570
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$5,199,570
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$3,687,921
Net investment gain or loss from common/collective trusts2012-12-31$289,335
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$1,199,785
Income. Dividends from common stock2012-12-31$708
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$2,944,072
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32012-12-31Yes
Assets. Corporate common stocks other than exployer securities at end of year2012-12-31$64,548
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Aggregate proceeds on sale of assets2012-12-31$14,301
Aggregate carrying amount (costs) on sale of assets2012-12-31$16,194
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31No
Opinion of an independent qualified public accountant for this plan2012-12-31Unqualified
Accountancy firm name2012-12-31CROWE HORWATH LLP
Accountancy firm EIN2012-12-31350921680
2011 : SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2011 401k financial data
Total income from all sources (including contributions)2011-12-31$2,514,661
Total of all expenses incurred2011-12-31$3,275,406
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$3,181,809
Value of total corrective distributions2011-12-31$31,144
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$2,915,435
Value of total assets at end of year2011-12-31$32,236,598
Value of total assets at beginning of year2011-12-31$32,997,343
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$62,453
Total interest from all sources2011-12-31$62,092
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$875,248
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$875,248
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$2,500,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$2,825,600
Participant contributions at end of year2011-12-31$1,260,943
Participant contributions at beginning of year2011-12-31$1,211,487
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$87,386
Administrative expenses (other) incurred2011-12-31$62,453
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-760,745
Value of net assets at end of year (total assets less liabilities)2011-12-31$32,236,598
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$32,997,343
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$25,252,338
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$26,215,272
Interest on participant loans2011-12-31$61,459
Value of interest in common/collective trusts at end of year2011-12-31$523,747
Value of interest in common/collective trusts at beginning of year2011-12-31$387,621
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$5,199,570
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$5,182,963
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$5,182,963
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-12-31$633
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-1,354,235
Net investment gain or loss from common/collective trusts2011-12-31$16,121
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$2,449
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$3,181,809
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32011-12-31No
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31BDO USA, LLP
Accountancy firm EIN2011-12-31135381590
2010 : SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2010 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total income from all sources (including contributions)2010-12-31$6,159,413
Total of all expenses incurred2010-12-31$2,614,516
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$2,391,357
Value of total corrective distributions2010-12-31$181,793
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$2,668,530
Value of total assets at end of year2010-12-31$32,997,343
Value of total assets at beginning of year2010-12-31$29,452,446
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$41,366
Total interest from all sources2010-12-31$65,966
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$560,743
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$560,743
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$3,000,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$2,554,886
Participant contributions at end of year2010-12-31$1,211,487
Participant contributions at beginning of year2010-12-31$889,958
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$113,644
Administrative expenses (other) incurred2010-12-31$41,366
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$3,544,897
Value of net assets at end of year (total assets less liabilities)2010-12-31$32,997,343
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$29,452,446
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$26,215,272
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$22,857,175
Interest on participant loans2010-12-31$64,984
Value of interest in common/collective trusts at end of year2010-12-31$387,621
Value of interest in common/collective trusts at beginning of year2010-12-31$394,250
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$5,182,963
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$5,311,063
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$5,311,063
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$982
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$2,848,725
Net investment gain or loss from common/collective trusts2010-12-31$15,449
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$2,391,357
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32010-12-31No
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31BDO USA, LLP
Accountancy firm EIN2010-12-31135381590
2009 : SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN

2022: SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: SALEM MEDIA GROUP, INC. EMPLOYEES 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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