Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › CleanSpark
CleanSpark 401(k)
- CLSK Nasdaq
- Professional, scientific, and technical services
- Henderson, NV
- EIN 87-0449945
- 1 plan with Schedule H financials
- Plan year 2024
- CleanSpark, Inc.
- filed as Cleanspark, Inc.
Administrative expenses excluding investment management, per participant · Cleanspark 401(k) Plan · plan year 2024
$79.07
Higher than 42% of the 14,713 plans $1 to 10M that report it.
Source
= $27,675 / 350
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250725105944NAL0016888674003, received 2025-07-25
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250725105944NAL0016888674003, received 2025-07-25
Percentiles compare this plan with the Schedule H plans $1 to 10M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-07-25.
Cost and contributions
Administrative expenses per participant
$79.66
Higher than 31% of the 15,210 plans $1 to 10M that report it.
Source
= $27,882 / 350
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250725105944NAL0016888674003, received 2025-07-25
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250725105944NAL0016888674003, received 2025-07-25
Administrative expenses as a share of assets
1.465%
Higher than 95% of the 15,243 plans $1 to 10M that report it.
Source
= $27,882 / $1,902,976
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250725105944NAL0016888674003, received 2025-07-25
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250725105944NAL0016888674003, received 2025-07-25
Employer contributions per participant
$35
Higher than 1% of the 13,342 plans $1 to 10M that report it.
Source
= $12,392 / 350
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250725105944NAL0016888674003, received 2025-07-25
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250725105944NAL0016888674003, received 2025-07-25
Employer share of total contributions
1.3%
Higher than 1% of the 13,370 plans $1 to 10M that report it.
Source
= $12,392 / $929,704
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250725105944NAL0016888674003, received 2025-07-25
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250725105944NAL0016888674003, received 2025-07-25
Plan terms, as stated in CleanSpark, Inc.'s SEC filings
Plan terms are described in CleanSpark, Inc.'s SEC filings: Form 10-K filed 2025-11-25. No term could be quoted from them with the required precision.
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250725105944NAL0016888674003, received 2025-07-25
Full record, Cleanspark 401(k) Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | CLEANSPARK, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250725105944NAL0016888674003, received 2025-07-25 |
| Plan name | CLEANSPARK 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250725105944NAL0016888674003, received 2025-07-25 |
| Sponsor EIN / plan number | 87-0449945 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250725105944NAL0016888674003, received 2025-07-25 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250725105944NAL0016888674003, received 2025-07-25 |
| Sponsor location | HENDERSON, NV | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250725105944NAL0016888674003, received 2025-07-25 |
| Industry (business code) | 541512, Professional, scientific, and technical services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250725105944NAL0016888674003, received 2025-07-25 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250725105944NAL0016888674003, received 2025-07-25 |
| Filing received | 2025-07-25 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250725105944NAL0016888674003, received 2025-07-25 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250725105944NAL0016888674003, received 2025-07-25 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250725105944NAL0016888674003, received 2025-07-25 |
| Participants, beginning of year | 174 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250725105944NAL0016888674003, received 2025-07-25 |
| Active participants | 313 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250725105944NAL0016888674003, received 2025-07-25 |
| Participants, end of year | 374 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250725105944NAL0016888674003, received 2025-07-25 |
| Participants with an account balance | 350 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250725105944NAL0016888674003, received 2025-07-25 |
| Total assets, beginning of year | $1,048,851 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250725105944NAL0016888674003, received 2025-07-25 |
| Total assets, end of year | $1,902,976 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250725105944NAL0016888674003, received 2025-07-25 |
| Net assets, end of year | $1,902,976 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250725105944NAL0016888674003, received 2025-07-25 |
| Total income | $1,123,635 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250725105944NAL0016888674003, received 2025-07-25 |
| Net income | $854,125 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250725105944NAL0016888674003, received 2025-07-25 |
| Employer contributions | $12,392 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250725105944NAL0016888674003, received 2025-07-25 |
| Participant contributions | $903,232 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250725105944NAL0016888674003, received 2025-07-25 |
| Other contributions (incl. rollovers) | $14,080 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250725105944NAL0016888674003, received 2025-07-25 |
| Total contributions | $929,704 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250725105944NAL0016888674003, received 2025-07-25 |
| Benefit payments | $227,151 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250725105944NAL0016888674003, received 2025-07-25 |
| Total expenses (incl. benefit payments) | $269,510 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250725105944NAL0016888674003, received 2025-07-25 |
| Total administrative expenses | $27,882 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250725105944NAL0016888674003, received 2025-07-25 |
| Contract administrator fees | $26,775 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250725105944NAL0016888674003, received 2025-07-25 |
| Recordkeeping fees | $0 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250725105944NAL0016888674003, received 2025-07-25 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250725105944NAL0016888674003, received 2025-07-25 |
| Investment advisory and management fees | $207 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250725105944NAL0016888674003, received 2025-07-25 |
| Administrative expenses excluding investment management | $27,675 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250725105944NAL0016888674003, received 2025-07-25 |
| Independent auditor | BETHKE CPA, LLC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250725105944NAL0016888674003, received 2025-07-25 |
Position = column in the DOL layout for form year 2024. Filing 20250725105944NAL0016888674003, received 2025-07-25.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| GLOBAL RETIREMENT PARTNERS LLC | SERVICE PROVIDER | 99 Other fees | $0 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250725105944NAL0016888674003, received 2025-07-25.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $1,048,851 | $1,902,976 | 81.4% |
| Participants with a balance | 149 | 350 | 134.9% |
| Administrative expenses | $15,168 | $27,882 | 83.8% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | not reported | $12,392 |
Prior filing 20240805110716NAL0000641363001, received 2024-08-05; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: CLEANSPARK, INC.; SEC registrant: CLEANSPARK, INC. (CIK 827876, matched by EIN; display name from the Form 10-K cover).