Plan Ledger DOL Form 5500 · updated monthly

Cleanspark, Inc.401(k)

CLEANSPARK 401(K) PLAN · HENDERSON, NV · plan year 2025

Reported admin expense ratio · 2025
1.85%

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

Cleanspark, Inc. reported $55,953 in plan administrative expenses for 2025: 1.85% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,345 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 fell from 2.16% to 1.85%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Nevada (301st of 437), and 10,115th of 11,654 in professional & technical services. In 2025, employees put in $1.99 for every $1.00 the employer contributed; active participation has grown from 129 to 308 since 2023.

Plan summary
Net assets, end of year$4,131,454
Participants with balances322
Active participants308
Employer contributions$722,286
Employee contributions$1,434,494
Employer contribution per active participant$2,345
Average account balance$12,831
Benefits paid to participants$446,654
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2025$4.1M · 322 accts · $722K emplr
2024$1.9M · 350 accts · $12K emplr
2023$1.0M · 149 accts
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$53,245
Investment management$408
Total administrative$55,953
The Cleanspark, Inc. 401(k) match · 2025
Employer contribution per active participant$2,345
Median for plans this size$1,464
2025$2,345 per active participant
2024$40 per active participant

Cleanspark, Inc.'s 2025 employer contribution ran above the $1,464 median for plans its size. 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
ALERA INVESTMENT ADVISORSindirect comp

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

Administrative cost history3
2025$55,953 · 1.85%
2024$27,882 · 1.89%
2023$15,168 · 2.16%
Same employer
Similar plansProfessional & Technical Services · Nevada
Glen J Lerner Esq NV$6.9M · 0.52%
Joshco Group, LLC NV$4.9M · 1.43%
Prime Digital NV$4.4M · 0.10%
Claimocity, Inc. NV$1.9M · 0.83%
Rangefront Consulting LLC NV$1.8M · 1.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870449945 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.