Profit Sharing · DOL Form 5500 · 2023

Silvercar, Inc. Profit Sharing Plan

Data updated 2026-08-11

$10M
Total assets
179
Participants
57th
Percentile by assets
$53,100
Avg per participant
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Official DOL plan name: Silvercar, Inc. 401(k) Plan · Sponsored by Silvercar, Inc. · Texas · Real Estate

$10M in assets, 179 participants

Silvercar, Inc.'s Silvercar, Inc. 401(k) Plan reported $10M in total assets and 179 participants in its 2023 DOL Form 5500 filing, ranking in the 57th 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.

  • 57th percentile by assets (of 127,072 plans)
  • #3,545 in Real Estate (4,727 peers)

Coverage in Texas

Silvercar, Inc. 401(k) Plan covers 179 participants in Texas, about 26% of the average Texas filer (state average ~688 per filing). Assets: $10M.

$10M
total plan assets (2023 EOY)
179
covered participants
57th
percentile by assets (of 127,072 plans)
$53,100
avg assets per participant

Where Silvercar, Inc. 401(k) Plan sits by total assets

Silvercar, Inc. 401(k) Plan vs every filed plan by assets

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

$9,504,976 Top 43% higher than 57% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Silvercar, Inc. 401(k) Plan reported net income rose from -$446K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Silvercar, Inc. 401(k) Plan end-of-year assets rose from $7M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Silvercar, Inc. 401(k) Plan reported participants fell from 210 in the plan year 2022 filing to 179 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Silvercar, Inc. 401(k) Plan reports 179 participants - about 26% of that state average ($10M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$10M
Net Income$2M
Employer EIN454702768
Plan Effective Date2012-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Silvercar, Inc.)

$6M$7M$8M$9M$10M 202220232024 $7.05M $9.22M ▲ +30.8%
Total plan assets by year, all Silvercar, Inc. plans on file
Year Plans Participants Total Assets
2022 1 210 $7M
2023 1 179 $10M
2024 1 116 $9M

Nearby Profit Sharing Plans in Texas

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

Silvercar, Inc. 401(k) Plan vs. nearby Profit Sharing plans in Texas, assets vs. participants

Silvercar, Inc. 401(k) Plan vs. nearby Profit Sharing plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -202468 Total assets ($B) Participants Silvercar, Inc. 401(…Southwest Airlines C…Baylor College of Me…H-E-B Partner Stock …The Defined Contribu…American Heart Assoc…
Silvercar, Inc. 401(k) Plan vs. nearby Profit Sharing plans in Texas, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Silvercar, Inc. 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Silvercar, Inc. 401(k) Plan assets move in 2023?
Silvercar, Inc. 401(k) Plan surged - up 34.9% during 2023, from $7M to $10M. Reported net income was $2M.
How have Silvercar, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Silvercar, Inc.'s sponsor-wide assets grew 30.8%, from $7M to $9M.
Which Profit Sharing plans are similar in size to Silvercar, Inc. 401(k) Plan?
Among Profit Sharing plans in other states, the closest by assets is Schc Companies, Inc 403(b) Plan in NY ($10M, 60 participants).

Next read for Silvercar, Inc. 401(k) Plan

Filing takeaways

Ways to act on Silvercar, Inc. 401(k) Plan's numbers.