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401K and More
401K AND MORE is a state-registered investment adviser. The firm manages approximately $2 million in regulatory assets. It has 1 employee and 1 investment...
401K and More
401K AND MORE is a state-registered investment adviser. The firm manages approximately $2 million in regulatory assets. It has 1 employee and 1 investment adviser.
General information
Firm type
Asset Manager
Year founded
1998
Location
Region
North America
Country
United States
City
Northbrook
Corporate office
Northbrook, IL, United States
Principals
Michael N. Silverman
Managing Director
Stephen L. Silverman
Principal
Sector focus
Frequently asked questions
What is the average plan size 401K and More administers?
Based on the firm's reported client count and regulatory assets under management, the average plan holds approximately $425,000 — well under the minimums now enforced by many national wirehouses and payroll-company RIAs. This places 401K and More firmly in the micro-401(k) space, where servicing economics are challenging for larger competitors.
Who manages investment selection and plan oversight at 401K and More?
Michael Silverman, the firm's Managing Director and founder, leads investment selection. He is supported by Principal Stephen Silverman. Both are listed as investment adviser representatives with the state of Illinois, and the firm has no outside investment committee or consulting relationship disclosed in its regulatory filings.
Does 401K and More operate as a fiduciary under ERISA?
Per its Form ADV Part 2A disclosures, 401K and More acknowledges ERISA fiduciary status when it provides investment advice for a fee to retirement plan sponsors. The firm's operating model — providing ongoing investment monitoring, plan benchmarking, and participant education — is structured to fit the Department of Labor's functional-fiduciary definition.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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