Silverback Asset Management, LLC 401k Profit Sharing Plan — Form 5500 plan (Silverback Asset Management, LLC)
Plain-English plan 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, Silverback Asset Management, LLC 401k Profit Sharing Plan is a benefit plan reported by Silverback Asset Management, LLC under EIN 02-0586628 and plan number 001. The latest loaded filing year is 2023. The filing reports 23 participants and $15,964,393 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Silverback Asset Management, LLC
- EIN
- 02-0586628
- Plan number
- 001
- Plan type
- 2
- Location
- Chapel Hill, NC
- Latest filing year
- 2023
- Participants
- 23
- End-of-year plan assets
- $15,964,393
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 23 | I | 20240724132009NAL0021711632001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $15,964,393
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,964,393
- Net assets (BOY)
- $14,340,580
Income & contributions
- Employer contributions
- $214,867
- Participant contributions
- $310,461
- Total income / additions
- $3,230,055
Expenses & distributions
- Benefits paid
- $1,614,857
- Administrative expenses
- -$8,615
- Total expenses
- $1,606,242
- Net increase / (decrease)
- $1,623,813
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.