Plan Snapshot
- Plan Sponsor: Silvercar, INC.
- Sponsor EIN: 454702768
- Sponsor Address: 211 E 7TH STREET SUITE 1000, AUSTIN, TX, 78701
- Plan Type: 401(k)
- Total Participants: 81
- Total Assets: $9.2M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 81 | $9.2M | $483,535 | $961,863 |
| 2023 | 118 | $9.5M | $700,529 | $1.4M |
| 2022 | 248 | $7.0M | $633,351 | $1.3M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PLANTE MORAN | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $82,756 | $27,225 | — | — | — |
| 2023 | $72,345 | $21,038 | — | — | — |
| 2022 | $58,492 | $16,952 | $41,540 | — | — |