Plan Ledger DOL Form 5500 · updated monthly

Bird Rides, Inc.401(k)

BIRD RIDES, INC. 401(K) PLAN · SANTA MONICA, CA · plan year 2023

Reported admin expense ratio · 2023
0.09%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Bird Rides, Inc. reported $12,513 in plan administrative expenses for 2023: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 per active participant. 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 rose from 0.01% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is the 4,519th-largest of 9,483 plans among California employers on file, and the 1,994th of 5,215 in retail trade.

Plan summary
Net assets, end of year$14,197,404
Participants with balances441
Active participants380
Employer contributions$0
Employee contributions$1,995,308
Employer contribution per active participant$0
Average account balance$32,194
Benefits paid to participants$3,322,808
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$14.2M · 441 accts
2022$13.1M · 692 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,701
Investment management$7,112
Total administrative$12,513
The Bird Rides, Inc. 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$2,440

Bird Rides, Inc.'s 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
BETTERMENT FOR BUSINESS, LLC · Investment advisory (plan)$9,812

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$12,513 · 0.09%
2022$1,500 · 0.01%
Similar plansRetail Trade · California
Robert a. Smith, Inc. CA$14.5M · 0.42%
Vintners Distributors, Inc. CA$14.5M · 0.52%
Toyota of Santa Maria CA$14.1M · 0.62%
Dean Vistnes MD Inc CA$13.9M · 0.03%
Zaheri Group CA$13.9M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 821399939 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.