Plan Ledger DOL Form 5500 · updated monthly

Heli-One (U.S.) Inc.401(k)

HELI-ONE (U.S.) INC. AND AFFILIATES RETIREMENT PLAN · IRVING, TX · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Heli-One (U.S.) Inc. reported $12,510 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,783 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 rose from 0.06% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Texas (2,877th of 5,688), and the 1,074th of 2,677 in transportation & warehousing. In 2024, employees put in $2.06 for every $1.00 the employer contributed; active participation has shrunk from 51 to 44 since 2022.

Plan summary
Net assets, end of year$11,415,962
Participants with balances111
Active participants44
Employer contributions$254,454
Employee contributions$523,919
Employer contribution per active participant$5,783
Average account balance$102,847
Benefits paid to participants$1,711,630
Plan auditUnmodified (clean) audit opinion
AuditorHAGEN, KURTH, PERMAN & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$11.4M · 111 accts · $254K emplr
2023$10.6M · 119 accts · $313K emplr
2022$8.8M · 127 accts · $284K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,318
Investment management$4,192
Total administrative$12,510
The Heli-One (U.S.) Inc. 401(k) match · 2024
Employer contribution per active participant$5,783
Median for plans this size$2,416
2024$5,783 per active participant
2023$6,813 per active participant
2022$5,560 per active participant

Heli-One (U.S.) Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$4,192

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

Administrative cost history3
2024$12,510 · 0.11%
2023$9,103 · 0.09%
2022$6,229 · 0.06%
Similar plansTransportation & Warehousing · Texas
Iss-Marine Services, Inc. TX$12.7M · 0.33%
Lucid Energy Group 11 LLC TX$12.6M · 0.09%
Houston Food Bank TX$11.4M · 0.38%
Southern Mail Service, Inc. TX$11.3M · 2.39%
Berry Aviation, Inc. TX$11.1M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841719617 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.