2023 Form 5500 filing — Silvergate Bank 401(K) Retirement Savings Plan

Plain-English filing summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240315164405NAL0001624450001) for Silvergate Bank 401(K) Retirement Savings Plan, reported by Silvergate Bank under EIN 33-0244449 and plan number 001. It reports 614 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$0Reported net assets
Participants614
Provider compensation$58.8K4 Schedule C row(s)$58,829
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240315164405NAL0001624450001
Plan sponsor
Silvergate Bank
EIN
33-0244449
Plan number
001
Location
La Jolla, CA
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Money in vs. money out
Total income / additions$3.9M
Total expenses$24.9M
Benefits paid / distributions$24.9M
Contributions
Employer$520.5K
Participant$1.8M
Full reported line items
Total assets (EOY)
$0
Total liabilities (EOY)
$0
Net assets (EOY)
$0
Employer contributions
$520,531
Participant contributions
$1,840,637
Total income / additions
$3,871,524
Benefits paid
$24,871,824
Administrative expenses
$58,403
Total expenses
$24,930,227
Net increase / (decrease)
-$21,058,703
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    RECORDKEEPER · Direct $41.7K · Indirect $0
  2. 2
    CONTRACT ADMIN · Direct $11.8K
  3. 3
    INVESTMENT MGMT · Direct $5.3K
  4. 4
    INVESTMENT PROVIDER · Direct $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240315164405NAL0001624450001 cover?
It is the 2023 Form 5500 filing for Silvergate Bank 401(K) Retirement Savings Plan, reported by Silvergate Bank (EIN 33-0244449).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages