Plan Ledger DOL Form 5500 · updated monthly

Helio Health, Inc.401(k)

HELIO HEALTH, INC. SAVINGS AND RETIREMENT PLAN · SYRACUSE, NY · plan year 2024

Reported admin expense ratio · 2024
0.94%

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

Helio Health, Inc. reported $194,383 in plan administrative expenses for 2024: 0.94% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,447 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 3 years on file its reported administrative ratio has held roughly steady near 0.945%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 2,374th-largest of 5,648 plans among New York employers on file, and the 3,440th of 11,911 in health care & social assistance. In 2024, employees put in $1.54 for every $1.00 the employer contributed; active participation has grown from 900 to 1,069 since 2022.

Plan summary
Net assets, end of year$22,032,213
Participants with balances670
Active participants1,069
Employer contributions$1,547,009
Employee contributions$2,387,041
Employer contribution per active participant$1,447
Average account balance$32,884
Benefits paid to participants$3,714,754
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.0M · 670 accts · $1.5M emplr
2023$19.1M · 644 accts · $1.2M emplr
2022$15.1M · 594 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$194,383
Total administrative$194,383
The Helio Health, Inc. 401(k) match · 2024
Employer contribution per active participant$1,447
Median for plans this size$2,416
2024$1,447 per active participant
2023$1,276 per active participant
2022$1,316 per active participant

Helio Health, Inc.'s 2024 employer contribution ran below the $2,416 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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$182,158
ACTUARIAL PENSION ANALYSTS, INC. · Recordkeeping · Loan processing$12,225
CAMBRIDGE INVESTMENT RESEARCH · Insurance broker · Insurance servicesindirect comp

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

Recordkeeper by year2
2024ACTUARIAL PENSION ANALYSTS, INC., Transamerica
2023ACTUARIAL PENSION ANALYSTS, INC., Transamerica

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Administrative cost history3
2024$194,383 · 0.94%
2023$152,062 · 0.89%
2022$152,520 · 0.94%
Same employer
Similar plansHealth Care & Social Assistance · New York
Nascentia Health, Inc. NY$22.9M · 0.11%
Ub Family Medicine Inc NY$22.0M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 150532288 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.