# Bak Festivals 401(k) Plan
Source: https://planprovider.pro/companies/bak-festivals-plan

> Bak Festivals's 401(k) plan: 0 participants, plan year 2023 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2023.

## Plan Snapshot

- **Plan Sponsor:** Bak Festivals

- **Sponsor EIN:** 823265616

- **Sponsor Address:** 514 WORK ST, SALINAS, CA, 93901

- **Plan Type:** 401(k)

- **Total Participants:** 0

- **Total Assets:** $0

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|0|$0|$0|$6,780|

| 2023|102|$245,121|$0|$117,305|

| 2022|154|$132,869|$0|$128,295|

| 2021|67|$38,261|$0|$37,891|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| MARTIN HOOD LLC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [MARTIN HOOD LLC](https://planprovider.pro/provider/mh-cpa-pllc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$9,856|—|—|—|—|

| 2023|$23,081|$17,263|$5,818|—|—|

| 2022|$11,091|$303|$10,788|—|—|

| 2021|—|—|—|—|—|

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