Silvercar, Inc. 401(K) Plan — Form 5500 plan (Silvercar, Inc.)

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, Silvercar, Inc. 401(K) Plan is a benefit plan reported by Silvercar, Inc. under EIN 45-4702768 and plan number 001. The latest loaded filing year is 2023. The filing reports 319 participants and $9,504,976 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Silvercar, Inc.
EIN
45-4702768
Plan number
001
Plan type
2
Location
Austin, TX
Latest filing year
2023
Participants
319
End-of-year plan assets
$9,504,976

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023319H, C20241014114946NAL0014868675001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$9,504,976
Total liabilities (EOY)
$0
Net assets (EOY)
$9,504,976
Net assets (BOY)
$7,048,262

Income & contributions

Employer contributions
$700,529
Participant contributions
$1,355,460
Total contributions
$2,208,033
Total income / additions
$3,834,267

Expenses & distributions

Benefits paid
$1,305,208
Administrative expenses
$72,345
Total expenses
$1,377,553
Net increase / (decrease)
$2,456,714

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance CompanyRECORDKEEPER$43,770$02023
Alliant Insurance Services Inc DbaINVESTMENT ADVISOR$15,961not reported in the loaded dataset2023
Empower Advisory Group, LLCINVESTMENT MGMT$5,077not reported in the loaded dataset2023

Related Form 5500 pages