2023 Form 5500 filing — Silvercar, Inc. 401(K) 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 20241014114946NAL0014868675001) for Silvercar, Inc. 401(K) Plan, reported by Silvercar, Inc. under EIN 45-4702768 and plan number 001. It reports 319 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)$9.5MReported net assets$9,504,976
Participants319
Provider compensation$64.8K3 Schedule C row(s)$64,808
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241014114946NAL0014868675001
Plan sponsor
Silvercar, Inc.
EIN
45-4702768
Plan number
001
Location
Austin, TX
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

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

Reported balance (end of year)$9.5M total assets
Net assets$9.5MLiabilities$0
Money in vs. money out
Total income / additions$3.8M
Total expenses$1.4M
Benefits paid / distributions$1.3M
Contributions
Employer$700.5K
Participant$1.4M
Full reported line items
Total assets (EOY)
$9,504,976
Total liabilities (EOY)
$0
Net assets (EOY)
$9,504,976
Employer contributions
$700,529
Participant contributions
$1,355,460
Total income / additions
$3,834,267
Benefits paid
$1,305,208
Administrative expenses
$72,345
Total expenses
$1,377,553
Net increase / (decrease)
$2,456,714

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Empower Annuity Insurance CompanyRECORDKEEPER$43,770$0
Alliant Insurance Services Inc DbaINVESTMENT ADVISOR$15,961not reported in the loaded dataset
Empower Advisory Group, LLCINVESTMENT MGMT$5,077not reported in the loaded dataset

Related Form 5500 pages