Plan Snapshot
- Plan Sponsor: Silverback Asset Management, LLC
- Sponsor EIN: 020586628
- Sponsor Address: 1414 RALEIGH RD STE 250, CHAPEL HILL, NC, 27517
- Plan Type: 401(k)
- Total Participants: 13
- Total Assets: $16.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|
| 2024 | 13 | $16.8M | $297,500 | $383,104 |
| 2023 | 14 | $16.0M | $214,867 | $310,461 |
| 2022 | 13 | $14.3M | $387,042 | $308,685 |