401(k) · DOL Form 5500 · 2023

Varen Technologies, Inc. 401(k) Plan

Data updated 2026-08-25

$48M
Total assets Below avg plan size
134
Participants Small participant base
85th
Percentile by assets National rank
$358,483
Avg per participant High balance/head
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Official DOL plan name: Silveredge Government Solutions 401(k) Plan · Sponsored by Varen Technologies, Inc. · Maryland · Professional & Technical Services

$48M in assets, 134 participants

Varen Technologies, Inc.'s Silveredge Government Solutions 401(k) Plan reported $48M in total assets and 134 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

  • #17,521 in Professional & Technical Services (20,321 peers)

Coverage in Maryland

Silveredge Government Solutions 401(k) Plan covers 134 participants in Maryland, about 14% of the average Maryland filer (state average ~929 per filing). Assets: $48M.

#17,521
in Professional & Technical Services (20,321 peers)
+60.9%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Silveredge Government Solutions 401(k) Plan's outsized position by total assets

Silveredge Government Solutions 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$48,036,781 Top 15% higher than 85% 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

Silveredge Government Solutions 401(k) 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. Silveredge Government Solutions 401(k) Plan sits mid-pack in the medium band (134 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Silveredge Government Solutions 401(k) Plan reported net income rose from -$9M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Silveredge Government Solutions 401(k) Plan end-of-year assets rose from $30M in the plan year 2022 filing to $48M in the plan year 2023 filing.
  • Silveredge Government Solutions 401(k) Plan reported participants fell from 143 in the plan year 2022 filing to 134 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 202866339 · Varen Technologies, Inc. PY 2023 · 401(k)

Silveredge Government Solutions 401(k) Plan · $48M · 134 · 85th

  • EOY $48M
  • EOY 134
  • EOY 85th
  • EOY 401(k)
  • EOY near Extreme Engineering Solutions, Inc. 401(k) Plan
  • EOY ind #17521

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 Professional & Technical Services retirement plans → · Plans in Maryland →

Silveredge Government Solutions 401(k) Plan in the asset neighbourhood

Extreme Engineering Solutions, Inc. 401(k) PlanExtreme Engineering Solution…$48MCortland Holdings, LLC 401(k) PlanCortland Holdings, LLC 401(k…$48MSilveredge Government Solutions 401(k) PlanSilveredge Government Soluti…$48MSteinhafels Inc. Profit Sharing 401(k) PlanSteinhafels Inc. Profit Shar…$48MTracelink 401(k) Plan$48M
End-of-year total assets ($M) among Silveredge Government Solutions 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Maryland filing particulars

Total Assets (Beginning of Year)$30M
Net Assets (End of Year)$48M
Net Income$5M
Employer EIN202866339
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Varen Technologies, Inc.)

Sponsor-wide plan assets over time

All Varen Technologies, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$48M 60.90476676808522% vs 2022
2023 filing year
$20M$30M$40M$50M 20222023 $29.9M $48M ▲ +60.9%
Year Plans Participants Total Assets
2022 1 143 $30M
2023 1 134 $48M

Nearby 401(k) Plans in Maryland

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

Silveredge Government Solutions 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Silveredge Government Solutions 401(k) Plan, Total assets ($B): 0.048036781 · Participants: 134Silveredge Government Solutions 401(k) PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 47.273019756 · Participants: 91511Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 10.20606962 · Participants: 96415Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.357344903 · Participants: 6292T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 3.951576315 · Participants: 2767Nfl Player Second Career Savings PlanSodexo 401 (K) Employees' Retirement Savings Plan and Trust, Total assets ($B): 2.217483854 · Participants: 80121Sodexo 401 (K) Employees' Retirement Savings Plan and Trust
Silveredge Government Solutions 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

Silveredge Government Solutions 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Extreme Engineering Solutions, Inc. 401(k) Plan in WI ($48M); by covered participants it is Reed Oil Company 401(k) Profit Sharing Plan in PA (134 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($48M here).

Similar participant headcount

Nearest other-state filings by covered participants (134 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 Silveredge Government Solutions 401(k) Plan assets move in 2023?
Silveredge Government Solutions 401(k) Plan surged - up 60.9% during 2023, from $30M to $48M. Reported net income was $5M.
How have Varen Technologies, Inc. plan assets changed over time?
Across 2 plan years on file (2022-2023), Varen Technologies, Inc.'s sponsor-wide assets grew 60.9%, from $30M to $48M.
Where does Silveredge Government Solutions 401(k) Plan rank by assets among Form 5500 filers?
Silveredge Government Solutions 401(k) Plan ranks in the 85th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Silveredge Government Solutions 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Extreme Engineering Solutions, Inc. 401(k) Plan in WI ($48M, 308 participants).
Which 401(k) plans cover a similar participant headcount to Silveredge Government Solutions 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Reed Oil Company 401(k) Profit Sharing Plan in PA (134 participants, $15M in assets).