There is a fairly extensive discussion of buffers for reversed-phase LC in Chapter 7 of the Snyder, Glajch, & Kirkland textbook
Practical HPLC Method Development (ISBN 0=471-00703-X), which elaborates on josebenjamin's post. They don't cite specific examples, but recommend buffer concentrations between about 5 and 50 mM as adequate in most cases.
In our Method Development course, we have one figure (see below) illustrating the problem of insufficient buffer. The figure is at least 20 years old (I don't have the original reference, but I think it came from a DuPont Zorbax applications note). Presumably the tailing in this case is caused by secondary interactions with the silanols.
Reversed-phase separations in general are fairly robust with respect to changes in buffer concentration, so there is usually little to be gained by optimizing; most people just pick a "reasonable" value (like 10 mM or 25 mM).