Plan Ledger DOL Form 5500 · updated monthly

Helicopter Express, Inc.401(k)

HELICOPTER EXPRESS 401(K) PLAN · CHAMBLEE, GA · plan year 2024

Reported admin expense ratio · 2024
0.97%

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

Helicopter Express, Inc. reported $80,618 in plan administrative expenses for 2024: 0.97% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,081 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 fell from 1.09% to 0.97%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Georgia (1,206th of 2,160), and the 1,111th of 2,677 in transportation & warehousing. In 2024, employees put in $2.23 for every $1.00 the employer contributed; active participation has grown from 127 to 294 since 2022.

Plan summary
Net assets, end of year$10,702,723
Participants with balances208
Active participants294
Employer contributions$611,872
Employee contributions$1,364,819
Employer contribution per active participant$2,081
Average account balance$51,455
Benefits paid to participants$786,554
Plan auditUnmodified (clean) audit opinion
AuditorSEAY & WEISSINGER, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$10.7M · 208 accts · $612K emplr
2023$5.9M · 102 accts · $312K emplr
2022$4.0M · 92 accts · $247K emplr
Administrative expenses, itemized · 2024
Investment management$80,618
Total administrative$80,618
The Helicopter Express, Inc. 401(k) match · 2024
Employer contribution per active participant$2,081
Median for plans this size$1,313
2024$2,081 per active participant
2023$2,362 per active participant
2022$1,943 per active participant

Helicopter Express, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size. 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 · 20243
NORTHWESTERN MUTUAL WEALTH MGMT CO · Investment advisory (plan)$36,558
MY BENEFITS LLC · Contract administrator$1,800

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$80,618 · 0.97%
2023$47,307 · 0.96%
2022$43,425 · 1.09%
Same employer
Similar plansTransportation & Warehousing · Georgia
John S. James Co. GA$11.4M · 0.28%
Howard Sheppard, LLC GA$10.7M · 0.35%
B-H Transfer Company GA$9.8M · 0.50%
WARE2GO Inc. GA$9.2M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582219883 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.