Plan Ledger DOL Form 5500 · updated monthly

Helion Technologies, Inc.401(k)

HELION TECHNOLOGIES, INC. 401(K) PLAN · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.92%

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

Helion Technologies, Inc. reported $47,620 in plan administrative expenses for 2024: 0.92% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,688 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 0.92%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Maryland (1,222nd of 1,671), and 9,463rd of 11,654 in professional & technical services. In 2024, employees put in $2.71 for every $1.00 the employer contributed; active participation has grown from 96 to 120 since 2022.

Plan summary
Net assets, end of year$5,835,564
Participants with balances133
Active participants120
Employer contributions$202,533
Employee contributions$547,943
Employer contribution per active participant$1,688
Average account balance$43,876
Benefits paid to participants$127,812
Plan auditUnmodified (clean) audit opinion
AuditorT. E. LOTT & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$5.8M · 133 accts · $203K emplr
2023$4.6M · 129 accts · $169K emplr
2022$3.4M · 114 accts · $142K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,620
Total administrative$47,620
The Helion Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$1,688
Median for plans this size$1,313
2024$1,688 per active participant
2023$1,578 per active participant
2022$1,478 per active participant

Helion Technologies, 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$42,010
PRIME BENEFITS, INC. · Contract administrator · Other services$5,610
LPL FINANCIAL LLC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$47,620 · 0.92%
2023$39,168 · 0.98%
2022$35,698 · 0.91%
Same employer
Similar plansProfessional & Technical Services · Maryland
Cloudbolt Software, Inc. MD$5.9M · 0.56%
Tenax Technologies, LLC MD$5.8M · 0.37%
Enrollease, Inc. MD$5.8M · 0.17%
Reefpoint Group MD$5.7M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522179042 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.