Honestly, that’s probably an underestimate. 3.4m at 20/hr (so 15/hr plus overhead) with 2000 work hours in a year only comes out to ~84 full time employees.
I really doubt they can do what most of the mods do with 84 minimum wage (sf Bay Area) workers.
Even if you outsource, the amount of expertise in specific fields is very hard to find even with money.