401(k) · DOL Form 5500 · 2023
Silvergate Bank 401(k) Plan
Data updated 2026-08-25
- N/A
- Total assets —
- 421
- Participants Below avg headcount
Official DOL plan name: Silvergate Bank 401(k) Retirement Savings Plan · Sponsored by Silvergate Bank · California · Finance & Insurance
N/A in assets, 421 participants
Silvergate Bank's Silvergate Bank 401(k) Retirement Savings Plan reported N/A in total assets and 421 participants in its 2023 DOL Form 5500 filing. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
What the 2023 filing shows
Silvergate Bank 401(k) Retirement Savings Plan holds N/A for 421 participants.
- -$21M
- reported net income
The plan reported a net loss of $21M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Silvergate Bank 401(k) Retirement Savings Plan among mid-size filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Silvergate Bank 401(k) Retirement Savings Plan sits mid-pack in the medium band (421 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Silvergate Bank 401(k) Retirement Savings Plan reported net income fell from $40K in the plan year 2022 filing to -$21M in the plan year 2023 filing.
- Silvergate Bank 401(k) Retirement Savings Plan reported participants rose from 277 in the plan year 2022 filing to 421 in the plan year 2023 filing.
Plan-year Form 5500 strip
Filing strip 330244449 · Silvergate Bank PY 2023 · 401(k)
Silvergate Bank 401(k) Retirement Savings Plan · N/A · 421
- SCH N/A
- EBSA 421
- PART PY 2023
- TYPE 401(k)
- NET near Sierra-Cedar Companies, LLC 401(k) Plan
- BOOK -$21M
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 California →
Filing particulars (2023)
| Total Assets (Beginning of Year) | $21M |
|---|---|
| Net Assets (End of Year) | N/A |
| Net Income | -$21M |
| Employer EIN | 330244449 |
| Plan Effective Date | 1999-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Silvergate Bank)
Sponsor-wide plan assets over time
All Silvergate Bank plans reported in each filing year
- Latest sponsor-wide plan assets
- N/A
- 2023 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 277 | $21M |
| 2023 | 1 | 421 | N/A |
Nearby 401(k) Plans in California
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Wells Fargo & Company 401(k) Plan $51.8B · 193,919
- Google LLC 401(k) Savings Plan $39.0B · 122,867
- Oracle Corporation 401(k) Savings and Investment Plan $26.3B · 63,105
- Intel 401(k) Savings Plan $22.2B · 59,863
- Apple 401(k) Plan $19.8B · 106,111
Silvergate Bank 401(k) Retirement Savings Plan's closest out-of-state 401(k) peers by headcount
Outside California, the nearest 401(k) by covered participants is Sierra-Cedar Companies, LLC 401(k) Plan in GA (421 participants; this filing: 421 participants).
Similar participant headcount
Nearest other-state filings by covered participants (421 participants); asset peers above are excluded.
- Sierra-Cedar Companies, LLC 401(k) Plan (GA) 421 · 0 off
- Hudson Community Enterprises, Inc. 401(k) Plan (NJ) 421 · 0 off
- Kbc Employee Retirement Plan (DC) 421 · 0 off
- Courier Express Retirement Plan (GA) 421 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.