Profit Sharing · DOL Form 5500 · 2022

Lou Silver Inc Profit Sharing Plan

Data updated 2026-08-25

$619K
Total assets Small plan by assets
8
Participants Small participant base
20th
Percentile by assets National rank
$77,323
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Lou Silver Inc 401(k) Plan · Sponsored by Lou Silver Inc · Maine · Construction

$619K in assets, 8 participants

Lou Silver Inc's Lou Silver Inc 401(k) Plan reported $619K in total assets and 8 participants in its 2022 DOL Form 5500 filing, ranking in the 20th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #1,775 in Construction (9,927 peers)

Lou Silver Inc multi-year trail

Lou Silver Inc's plans moved +83.9% in assets from 2022 to 2024; this filing shows Lou Silver Inc 401(k) Plan at $619K / 8 participants.

#1,775
in Construction (9,927 peers)
-54.5%
assets change YoY

The plan reported a net loss of $741K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Lou Silver Inc 401(k) Plan among the smaller filed plans by assets

Lou Silver Inc 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$618,586 20th percentile higher than 20% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Lou Silver Inc 401(k) Plan among micro filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lou Silver Inc 401(k) Plan is a micro filing (8 participants), the leftmost band.

Form 5500 schedule snapshot

Filing strip 010270569 · Lou Silver Inc PY 2022 · Profit Sharing

Lou Silver Inc 401(k) Plan · $619K · 8 · 20th

  • PHOTO $619K
  • IND 8
  • EOY 20th
  • 5500 Profit Sharing
  • ASSETS near Schatzi's 4 Seasons Resort, Inc. Retirement Plan
  • PCT ind #1775

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Construction retirement plans → · Plans in Maine →

Lou Silver Inc 401(k) Plan in the asset neighbourhood

Lou Silver Inc 401(k) Plan$619KSchatzi's 4 Seasons Resort, Inc. Retirement PlanSchatzi's 4 Seasons Resort, …$618KCorporate Image, Inc. Profit Sharing PlanCorporate Image, Inc. Profit…$619KRichlands Funeral Co., Inc.$619KCcam Engineering Inc. Retirement PlanCcam Engineering Inc. Retire…$618K
End-of-year total assets ($M) among Lou Silver Inc 401(k) Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Lou Silver Inc multi-year asset trail

Sponsor-wide plan assets over time

All Lou Silver Inc plans reported in each filing year

Latest sponsor-wide plan assets
$1M 83.942087276466% vs 2022
2024 filing year
$0.4M$0.6M$0.8M$1M$1.2M 202220232024 $0.62M $1.14M ▲ +83.9%
Year Plans Participants Total Assets
2022 1 8 $619K
2023 1 8 $867K
2024 1 8 $1M

Lou Silver Inc filing trail (2022)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$619K
Net Income-$741K
Employer EIN010270569
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Maine

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Lou Silver Inc 401(k) Plan vs. nearby Profit Sharing plans in Maine, assets vs. participants Scatter plot of 6 data points. -20002004006008001000 -1001020304050 Total assets ($M) Participants Lou Silver Inc 401(k) Plan, Total assets ($M): 0.618586 · Participants: 8Lou Silver Inc 401(k) PlanI.B.E.W. Local 1253 Retirement Plan, Total assets ($M): 42.62547 · Participants: 445I.B.E.W. Local 1253 Retirement PlanPenobscot Community Health Center 403(b) Plan, Total assets ($M): 28.898359 · Participants: 888Penobscot Community Health Center 403(b) PlanMillinocket Regional Hospital Partnership Retirement Plan, Total assets ($M): 25.967546 · Participants: 255Millinocket Regional Hospital Partnership Retirement PlanClark Insurance Profit Sharing Plan and Trust, Total assets ($M): 22.591312 · Participants: 134Clark Insurance Profit Sharing Plan and TrustClark Insurance Profit Sharing Plan and Trust, Total assets ($M): 22.591312 · Participants: 134Clark Insurance Profit Sharing Plan and Trust
Lou Silver Inc 401(k) Plan vs. nearby Profit Sharing plans in Maine, assets vs. participants

Lou Silver Inc 401(k) Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Maine, the nearest Profit Sharing by assets is Schatzi's 4 Seasons Resort, Inc. Retirement Plan in WI ($618K); by covered participants it is Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan in NJ (8 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($619K here).

Similar participant headcount

Nearest other-state filings by covered participants (8 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Lou Silver Inc 401(k) Plan assets move in 2022?
Lou Silver Inc 401(k) Plan contracted severely - down 54.5% during 2022, from $1M to $619K. Reported net income was -$741K.
How have Lou Silver Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Lou Silver Inc's sponsor-wide assets grew 83.9%, from $619K to $1M.
Where does Lou Silver Inc 401(k) Plan rank by assets among Form 5500 filers?
Lou Silver Inc 401(k) Plan ranks in the 20th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the smaller plans by assets on file).
Which Profit Sharing plans are similar in size to Lou Silver Inc 401(k) Plan?
Among Profit Sharing plans in other states, the closest by assets is Schatzi's 4 Seasons Resort, Inc. Retirement Plan in WI ($618K, 3 participants).
Which Profit Sharing plans cover a similar participant headcount to Lou Silver Inc 401(k) Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan in NJ (8 participants, $327K in assets).