Plan Ledger DOL Form 5500 · updated monthly

Burning Man Project401(k)

BURNING MAN PROJECT 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Burning Man Project reported $2,200 in plan administrative expenses for 2024: 0.01% 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 2 years on file its reported administrative ratio rose from 0.012% to 0.014%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 4,135th-largest of 9,483 plans among California employers on file, and the 361st of 2,240 in accommodation & food services.

Plan summary
Net assets, end of year$16,540,154
Participants with balances202
Active participants165
Employer contributions$0
Employee contributions$1,282,149
Employer contribution per active participant$0
Average account balance$81,882
Benefits paid to participants$983,496
Plan auditUnmodified (clean) audit opinion
AuditorHARSHWAL & COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$16.5M · 202 accts
2023$14.6M · 204 accts · $570K emplr
2022$11.3M · 168 accts · $543K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,200
Total administrative$2,200
The Burning Man Project 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416
2023$3,455 per active participant
2022$2,981 per active participant

Burning Man Project's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$2,200 · 0.01%
2023$1,400 · 0.01%
2022$1,400 · 0.01%
Same employer
Similar plansAccommodation & Food Services · California
Krm, Inc. CA$18.2M · 0.02%
Pleasant Travel Service CA$17.2M · 0.05%
Sun Hill Properties, Inc. CA$16.9M · 0.66%
Quechan Indian Tribe CA$16.4M · 0.90%
Alisal Properties, Inc. CA$16.3M · 0.56%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 452638273 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.