Profit Sharing · DOL Form 5500 · 2023

Lou Silver Inc Profit Sharing Plan

Data updated 2026-08-25

$867K
Total assets Small plan by assets
8
Participants Small participant base
22nd
Percentile by assets National rank
$108,337
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

$867K in assets, 8 participants

Lou Silver Inc's Lou Silver Inc 401(k) Plan reported $867K in total assets and 8 participants in its 2023 DOL Form 5500 filing, ranking in the 22nd 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.

  • #1,851 in Construction (9,030 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 $867K / 8 participants.

#1,851
in Construction (9,030 peers)
+40.1%
assets growth YoY

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 2023 · DOL Form 5500

$866,693 22nd percentile higher than 22% of 127,068 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 2023

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

Plan-year 2023 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.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lou Silver Inc 401(k) Plan reported net income rose from -$741K in the plan year 2022 filing to $248K in the plan year 2023 filing.
  • Lou Silver Inc 401(k) Plan end-of-year assets rose from $619K in the plan year 2022 filing to $867K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 010270569 · Lou Silver Inc PY 2023 · Profit Sharing

Lou Silver Inc 401(k) Plan · $867K · 8 · 22nd

  • TYPE $867K
  • NET 8
  • BOOK 22nd
  • VS-ST Profit Sharing
  • BOY near The Sherman Agency, Inc. Profit Sharing Plan
  • SCH ind #1851

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$867KThe Sherman Agency, Inc. Profit Sharing PlanThe Sherman Agency, Inc. Pro…$867KB Avery Enterprises, Inc. Retirement PlanB Avery Enterprises, Inc. Re…$867KNeal K. Nakashima, D.M.D., Inc. Profit Sharing PlanNeal K. Nakashima, D.M.D., I…$867KParenti Partners Ltd Profit Sharing PlanParenti Partners Ltd Profit …$866K
End-of-year total assets ($M) among Lou Silver Inc 401(k) Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

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 (2023)

Total Assets (Beginning of Year)$619K
Net Assets (End of Year)$867K
Net Income$248K
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 -200204060 Total assets ($M) Participants Lou Silver Inc 401(k) Plan, Total assets ($M): 0.866693 · Participants: 8Lou Silver Inc 401(k) PlanI.B.E.W. Local 1253 Retirement Plan, Total assets ($M): 50.485571 · Participants: 477I.B.E.W. Local 1253 Retirement PlanPenobscot Community Health Center 403(b) Plan, Total assets ($M): 35.916028 · Participants: 805Penobscot Community Health Center 403(b) PlanMillinocket Regional Hospital Partnership Retirement Plan, Total assets ($M): 25.032197 · Participants: 181Millinocket Regional Hospital Partnership Retirement PlanMaine Dartmouth Family Medicine Residency 403(b) Plan, Total assets ($M): 24.319011 · Participants: 118Maine Dartmouth Family Medicine Residency 403(b) PlanShaw Brothers Construction Profit Sharing Plan, Total assets ($M): 23.930854 · Participants: 214Shaw Brothers Construction Profit Sharing Plan
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 The Sherman Agency, Inc. Profit Sharing Plan in CO ($867K); 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.

Similar participant headcount

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

DOL Form 5500 plan year 2023. 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 2023?
Lou Silver Inc 401(k) Plan surged - up 40.1% during 2023, from $619K to $867K. Reported net income was $248K.
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 22nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (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 The Sherman Agency, Inc. Profit Sharing Plan in CO ($867K, 4 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, $424K in assets).