Profit Sharing · DOL Form 5500 · 2024

Lou Silver Inc Profit Sharing Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
8
Participants Small participant base
24th
Percentile by assets National rank
$142,230
Avg per participant Near 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

$1M in assets, 8 participants

Lou Silver Inc's Lou Silver Inc 401 K Plan reported $1M in total assets and 8 participants in its 2024 DOL Form 5500 filing, ranking in the 24th 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.

  • #2,055 in Construction (9,039 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 $1M / 8 participants.

#2,055
in Construction (9,039 peers)
+31.3%
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 2024 · DOL Form 5500

$1,137,840 24th percentile higher than 24% of 123,620 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 2024

Lou Silver Inc 401 K Plan among micro filed plans by headcount

Plan-year 2024 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 2023 → plan year 2024

  • Lou Silver Inc 401 K Plan end-of-year assets rose from $867K in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Lou Silver Inc 401 K Plan reported net income rose from $248K in the plan year 2023 filing to $271K in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 010270569 · Lou Silver Inc PY 2024 · Profit Sharing

Lou Silver Inc 401 K Plan · $1M · 8 · 24th

  • 5500 $1M
  • 5500 8
  • 5500 24th
  • 5500 Profit Sharing
  • 5500 near Hawkeye Mutual Insruance Association Profit Share
  • 5500 ind #2055

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$1MHawkeye Mutual Insruance Association Profit ShareHawkeye Mutual Insruance Ass…$1MWhbiv Enterprises Inc. Retirement PlanWhbiv Enterprises Inc. Retir…$1MFully Armored Family Health and Fitness, Inc. Retirement PlanFully Armored Family Health …$1MLilioza Gzyl, M.D. Basic Profit Sharing PlanLilioza Gzyl, M.D. Basic Pro…$1M
End-of-year total assets ($M) among Lou Silver Inc 401 K Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

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 (2024)

Total Assets (Beginning of Year)$867K
Net Assets (End of Year)$1M
Net Income$271K
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): 1.13784 · Participants: 8Lou Silver Inc 401 K PlanI.B.E.W. Local 1253 Retirement Plan, Total assets ($M): 54.885454 · Participants: 538I.B.E.W. Local 1253 Retirement PlanPenobscot Community Health Center 403(b) Plan, Total assets ($M): 41.854365 · Participants: 858Penobscot Community Health Center 403(b) PlanMaine Dartmouth Family Medicine Residency 403(b) Plan, Total assets ($M): 29.192815 · Participants: 121Maine Dartmouth Family Medicine Residency 403(b) PlanShaw Brothers Construction Profit Sharing Plan, Total assets ($M): 27.155106 · Participants: 212Shaw Brothers Construction Profit Sharing PlanThomas College DC Retirement Plan, Total assets ($M): 23.077585 · Participants: 153Thomas College DC Retirement 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 Hawkeye Mutual Insruance Association Profit Share in IA ($1M); by covered participants it is Neil H. Weintraub, Dds, Sc Profit Sharing Plan in IL (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 2024. 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 2024?
Lou Silver Inc 401 K Plan surged - up 31.3% during 2024, from $867K to $1M. Reported net income was $271K.
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 24th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 Hawkeye Mutual Insruance Association Profit Share in IA ($1M, 3 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 Neil H. Weintraub, Dds, Sc Profit Sharing Plan in IL (8 participants, N/A in assets).