A system and method for monitoring performance of an asynchronous network may include communicating a first network performance data packet including a first indicia over an asynchronous network from a first network node to a second network node. A second network performance data packet including a second indicia may be communicated from the first network node to the second network node. At least one communications data packet may be communicated from the first network node to the second network node between communicating the first and second network performance data packets. At least one performance manager counter at the second network node may be incremented in response to receiving each communications data packet between the first and second network performance data packets.