401(k) · DOL Form 5500 · 2022

Silverback Asset Management, LLC 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
13
Participants Small participant base
72nd
Percentile by assets National rank
$1.1M
Avg per participant High balance/head
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Official DOL plan name: Silverback Asset Management, LLC 401(k) Profit Sharing Plan · Sponsored by Silverback Asset Management, LLC · North Carolina · Finance & Insurance

$14M in assets, 13 participants

Silverback Asset Management, LLC's Silverback Asset Management, LLC 401(k) Profit Sharing Plan reported $14M in total assets and 13 participants in its 2022 DOL Form 5500 filing, ranking in the 72nd 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.

  • #5,224 in Finance & Insurance (9,261 peers)

Silverback Asset Management, LLC multi-year trail

Silverback Asset Management, LLC's plans moved +17.0% in assets from 2022 to 2024; this filing shows Silverback Asset Management, LLC 401(k) Profit Sharing Plan at $14M / 13 participants.

#5,224
in Finance & Insurance (9,261 peers)
-21.7%
assets change YoY

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Silverback Asset Management, LLC 401(k) Profit Sharing Plan's outsized position by total assets

Silverback Asset Management, LLC 401(k) Profit Sharing Plan vs every filed plan by assets

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

$14,340,580 Top 28% higher than 72% 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

Silverback Asset Management, LLC 401(k) Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Silverback Asset Management, LLC 401(k) Profit Sharing Plan is a small filing (13 participants) on this national headcount ladder.

DOL schedule card

Filing strip 020586628 · Silverback Asset Management, LLC PY 2022 · 401(k)

Silverback Asset Management, LLC 401(k) Profit Sharing Plan · $14M · 13 · 72nd

  • BOY $14M
  • SCH 13
  • EBSA 72nd
  • PART 401(k)
  • TYPE near Sym Financial Corporation 401(k) Profit Sharing Plan and Trust
  • NET ind #5224

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 Finance & Insurance retirement plans → · Plans in North Carolina →

Silverback Asset Management, LLC 401(k) Profit Sharing Plan in the asset neighbourhood

Silverback Asset Management, LLC 401(k) Profit Sharing PlanSilverback Asset Management,…$14MSym Financial Corporation 401(k) Profit Sharing Plan and TrustSym Financial Corporation 40…$14MGislason & Hunter LLP 401(k) Profit Sharing PlanGislason & Hunter LLP 401(k)…$14MMedical Management Services, Inc. 401(k) PlanMedical Management Services,…$14MPence Construction 401(k) PlanPence Construction 401(k) Pl…$14M
End-of-year total assets ($M) among Silverback Asset Management, LLC 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Silverback Asset Management, LLC multi-year asset trail

Sponsor-wide plan assets over time

All Silverback Asset Management, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$17M 16.96430688298521% vs 2022
2024 filing year
$14M$15M$16M$17M$18M 202220232024 $14.3M $16.8M ▲ +16.9%
Year Plans Participants Total Assets
2022 1 13 $14M
2023 1 13 $16M
2024 1 14 $17M

Silverback Asset Management, LLC filing trail (2022)

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$14M
Net Income-$4M
Employer EIN020586628
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Silverback Asset Management, LLC 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Silverback Asset Management, LLC 401(k) Profit Sharing Plan, Total assets ($B): 0.01434058 · Participants: 13Silverback Asset Management, LLC 401(k) Profit Sharing PlanThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
Silverback Asset Management, LLC 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Silverback Asset Management, LLC 401(k) Profit Sharing Plan side-by-side with 3 peers →

Silverback Asset Management, LLC 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Sym Financial Corporation 401(k) Profit Sharing Plan and Trust in IN ($14M); by covered participants it is Casey Tool and Lock Technology Inc. Employees Profit Sharing Plan and Trust in IL (13 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (13 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 Silverback Asset Management, LLC 401(k) Profit Sharing Plan assets move in 2022? ▼
Silverback Asset Management, LLC 401(k) Profit Sharing Plan declined sharply - down 21.7% during 2022, from $18M to $14M. Reported net income was -$4M.
How have Silverback Asset Management, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Silverback Asset Management, LLC's sponsor-wide assets grew 17.0%, from $14M to $17M.
Which 401(k) plans are similar in size to Silverback Asset Management, LLC 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sym Financial Corporation 401(k) Profit Sharing Plan and Trust in IN ($14M, 57 participants).
Which 401(k) plans cover a similar participant headcount to Silverback Asset Management, LLC 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Casey Tool and Lock Technology Inc. Employees Profit Sharing Plan and Trust in IL (13 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 020586628.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.