2023 Form 5500 filing — Silverback Asset Management, LLC 401k Profit Sharing 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 20240724132009NAL0021711632001) for Silverback Asset Management, LLC 401k Profit Sharing Plan, reported by Silverback Asset Management, LLC under EIN 02-0586628 and plan number 001. It reports 23 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).

EFAST2 acknowledgement
20240724132009NAL0021711632001
Filing year
2023
Form type
2
Plan sponsor
Silverback Asset Management, LLC
EIN
02-0586628
Plan number
001
Location
Chapel Hill, NC
Participants
23
Schedules available
Schedule I
Received date
not reported in the loaded dataset

Reported financial snapshot (2023)

Total assets (EOY)
$15,964,393
Total liabilities (EOY)
$0
Net assets (EOY)
$15,964,393
Employer contributions
$214,867
Participant contributions
$310,461
Total income / additions
$3,230,055
Benefits paid
$1,614,857
Administrative expenses
-$8,615
Total expenses
$1,606,242
Net increase / (decrease)
$1,623,813
Schedule source
Schedule I

Related Form 5500 pages