# 401K and More

401K and More is an Asset Manager based in Northbrook, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Northbrook, United States
- **Region:** North America
- **Address:** Northbrook, IL, United States
- **Founded:** 1998
- **Assets under management:** Under $500M (Altss estimate)
- **Website:** 401kandmore.com

## Regulatory record

- **CRD number:** 284178
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/284178

## About

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.

## Sectors

- Financial Services

## People

- Michael N. Silverman — Managing Director
- Stephen L. Silverman — Principal

## 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.

## Related profiles

- [FourWorld Capital Management](https://altss.com/profile/fourworld-capital-management-llc)
- [AGSM Ventures](https://altss.com/profile/agsm-ventures-llc)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/401k-and-more

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology