Plan Ledger DOL Form 5500 · updated monthly

Helix Electric, Inc.401(k)

HELIX ELECTRIC, INC. 401(K) SAVINGS PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Helix Electric, Inc. reported $394,082 in plan administrative expenses for 2024: 0.24% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,430 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 0.37% to 0.24%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 613th-largest of 9,483 plans among California employers on file, and the 376th of 5,337 in construction. In 2024, the employer put in $1.03 for every $1.00 employees contributed themselves; active participation has shrunk from 3,125 to 2,589 since 2022.

Plan summary
Net assets, end of year$179,176,326
Participants with balances3,343
Active participants2,589
Employer contributions$11,469,188
Employee contributions$11,161,691
Employer contribution per active participant$4,430
Average account balance$53,597
Benefits paid to participants$21,716,505
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$179.2M · 3,343 accts · $11.5M emplr
2023$154.3M · 3,263 accts · $7.1M emplr
2022$128.3M · 2,933 accts · $7.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$197,904
Investment management$180,104
Total administrative$394,082
The Helix Electric, Inc. 401(k) match · 2024
Employer contribution per active participant$4,430
Median for plans this size$3,635
2024$4,430 per active participant
2023$2,165 per active participant
2022$2,322 per active participant

Helix Electric, Inc.'s 2024 employer contribution ran above the $3,635 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
CWM LLC · Investment advisory (plan)$180,104
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$41,323

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$394,082 · 0.24%
2023$555,367 · 0.39%
2022$533,898 · 0.37%
Same employer
Similar plansConstruction · California
Prs Holdings, Inc. CA$193.1M · 0.00%
Rosendin Electric CA$186.5M · 0.04%
Griffith Company CA$173.1M · 0.01%
Bergelectric Corporation CA$168.7M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330124909 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.