Bak Festivals401(k)
GRUPO FLOR 401(K) PLAN · SALINAS, CA · plan year 2023
Bak Festivals reported $23,081 in plan administrative expenses for 2023: 12.21% of average plan assets, higher than ~90% of peers. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 1 year on file its reported administrative ratio fell from 13.77% to 12.21%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in California (9,228th of 9,483), and 926th of 945 in agriculture, forestry & fishing. active participation has shrunk from 154 to 102 since 2022.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
This plan has changed recordkeepers within these filings. If you left Bak Festivals before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).
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Source: U.S. Department of Labor, Form 5500 series, EIN 823265616 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.