Plan Snapshot
- Plan Sponsor: Bytedance INC
- Sponsor EIN: 812345210
- Sponsor Address: 5800 BRISTOL PARKWAY, SUITE 100, CULVER CITY, CA, 90230
- Plan Type: 401(k)
- Total Participants: 12,861
- Total Assets: $918.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 12,861 | $918.9M | $96.8M | $230.0M |
| 2023 | 10,022 | $505.9M | $63.0M | $145.1M |
| 2022 | 7,471 | $223.4M | $40.3M | $86.3M |
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 |
|---|---|---|---|---|
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US, LLP — 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 | $123,021 | — | — | — | — |
| 2023 | $47,455 | — | — | — | — |
| 2022 | $62,660 | — | — | — | — |