401(k) · DOL Form 5500 · 2024

Silac Insurance Company 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Below avg plan size
275
Participants Below avg headcount
75th
Percentile by assets National rank
$92,403
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Silac Insurance Company Employees 401(k) Profit Sharing Plan · Sponsored by Silac Insurance Company · Utah · Finance & Insurance

$25M in assets, 275 participants

Silac Insurance Company's Silac Insurance Company Employees 401(k) Profit Sharing Plan reported $25M in total assets and 275 participants in its 2024 DOL Form 5500 filing, ranking in the 75th 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.

  • #5,219 in Finance & Insurance (8,549 peers)

Coverage in Utah

Silac Insurance Company Employees 401(k) Profit Sharing Plan covers 275 participants in Utah, about 46% of the average Utah filer (state average ~592 per filing). Assets: $25M.

#5,219
in Finance & Insurance (8,549 peers)
+20.2%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Silac Insurance Company Employees 401(k) Profit Sharing Plan's outsized position by total assets

Silac Insurance Company Employees 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$25,410,888 Top 25% higher than 75% 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

Silac Insurance Company Employees 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Silac Insurance Company Employees 401(k) Profit Sharing Plan sits mid-pack in the medium band (275 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Silac Insurance Company Employees 401(k) Profit Sharing Plan end-of-year assets rose from $21M in the plan year 2023 filing to $25M in the plan year 2024 filing.
  • Silac Insurance Company Employees 401(k) Profit Sharing Plan reported participants rose from 256 in the plan year 2023 filing to 275 in the plan year 2024 filing.
  • Silac Insurance Company Employees 401(k) Profit Sharing Plan reported net income fell from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 870129771 · Silac Insurance Company PY 2024 · 401(k)

Silac Insurance Company Employees 401(k) Profit Sharing Plan · $25M · 275 · 75th

  • PART $25M
  • TYPE 275
  • NET 75th
  • BOOK 401(k)
  • VS-ST near Affordable Rent-to-Own, LLC 401(k) Profit Sharing Plan
  • BOY ind #5219

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 Utah →

Silac Insurance Company Employees 401(k) Profit Sharing Plan in the asset neighbourhood

Silac Insurance Company Employees 401(k) Profit Sharing PlanSilac Insurance Company Empl…$25MAffordable Rent-to-Own, LLC 401(k) Profit Sharing PlanAffordable Rent-to-Own, LLC …$25MAnton Paar USA, Inc. Profit Sharing PlanAnton Paar USA, Inc. Profit …$25MHartfiel Automation, Inc. 401(k) Profit Sharing PlanHartfiel Automation, Inc. 40…$25MPower Resources, Inc. 401(k) PlanPower Resources, Inc. 401(k)…$25M
End-of-year total assets ($M) among Silac Insurance Company Employees 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Utah filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$25M
Net Income$4M
Employer EIN870129771
Plan Effective Date1978-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Silac Insurance Company)

Sponsor-wide plan assets over time

All Silac Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$25M 52.27359726820765% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $16.7M $25.4M ▲ +52.2%
Year Plans Participants Total Assets
2022 1 233 $17M
2023 1 256 $21M
2024 1 275 $25M

Nearby 401(k) Plans in Utah

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

Silac Insurance Company Employees 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -202468 Total assets ($B) Participants Silac Insurance Company Employees 401(k) Profit Sharing Plan, Total assets ($B): 0.025410888 · Participants: 275Silac Insurance Company Employees 401(k) Profit Sharing PlanIntermountain Health 401(k) Plan, Total assets ($B): 6.832891 · Participants: 68360Intermountain Health 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 6.145738842 · Participants: 25301Deseret 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.885575832 · Participants: 9972Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 1.420052359 · Participants: 14259Skywest, Inc. Employees' Retirement PlanRio Tinto America Inc. 401(k) Savings Plan and Investment Partnership Plan, Total assets ($B): 0.686992924 · Participants: 1926Rio Tinto America Inc. 401(k) Savings Plan and Investment Partnership Plan
Silac Insurance Company Employees 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Utah, assets vs. participants

Silac Insurance Company Employees 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Utah, the nearest 401(k) by assets is Affordable Rent-to-Own, LLC 401(k) Profit Sharing Plan in LA ($25M); by covered participants it is Territorial Savings Bank 401(k) Plan in HI (275 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (275 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 Silac Insurance Company Employees 401(k) Profit Sharing Plan assets move in 2024?
Silac Insurance Company Employees 401(k) Profit Sharing Plan grew sharply - up 20.2% during 2024, from $21M to $25M. Reported net income was $4M.
How have Silac Insurance Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Silac Insurance Company's sponsor-wide assets grew 52.3%, from $17M to $25M.
Where does Silac Insurance Company Employees 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Silac Insurance Company Employees 401(k) Profit Sharing Plan ranks in the 75th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Silac Insurance Company Employees 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Affordable Rent-to-Own, LLC 401(k) Profit Sharing Plan in LA ($25M, 189 participants).
Which 401(k) plans cover a similar participant headcount to Silac Insurance Company Employees 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Territorial Savings Bank 401(k) Plan in HI (275 participants, $43M in assets).