Plan Ledger DOL Form 5500 · updated monthly

Helical Drilling, Inc.401(k)

HELICAL DRILLING 401(K) PROFIT SHARING PLAN · BRAINTREE, MA · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Helical Drilling, Inc. reported $36,382 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $4,717 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 0.08% to 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Massachusetts (1,739th of 2,726), and 2,816th of 5,337 in construction. In 2024, employees put in $2.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,975,297
Participants with balances147
Active participants95
Employer contributions$448,080
Employee contributions$929,968
Employer contribution per active participant$4,717
Average account balance$81,465
Benefits paid to participants$227,275
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.0M · 147 accts · $448K emplr
2023$9.2M · 134 accts · $373K emplr
2022$7.0M · 130 accts · $563K emplr
The Helical Drilling, Inc. 401(k) match · 2024
Employer contribution per active participant$4,717
Median for plans this size$2,416
2024$4,717 per active participant
2023$4,096 per active participant
2022$5,805 per active participant

Helical Drilling, 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 · 20244
THE ANGELL PENSION GROUP, INC. · Recordkeeping$2,389
FOCUS OPERATING LLC DBA NEIRG WEALT · Investment advisory (plan)$25,229
EMPOWER ADVISORY GROUP, LLC · Investment management$834

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

Recordkeeper by year2
2024THE ANGELL PENSION GROUP, INC.
2023THE ANGELL PENSION GROUP, INC.

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$36,382 · 0.34%
2023$27,114 · 0.34%
2022$6,171 · 0.08%
Similar plansConstruction · Massachusetts
D'Allessandro Corp. MA$13.3M · 0.57%
Mirra Company, LLC MA$11.7M · 0.58%
Greenwood Industries, Inc. MA$11.6M · 0.74%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 364615460 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.