Plan Ledger DOL Form 5500 · updated monthly

Helix Energy Solutions Group Inc.401(k)

HELIX ENERGY SOLUTIONS GROUP INC. EMPLOYEES' 401K SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Helix Energy Solutions Group Inc. reported $18,895 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,026 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 1 year on file its reported administrative ratio rose from 0.00% to 0.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 547th-largest of 5,688 plans among Texas employers on file, and the 97th of 612 in mining, oil & gas extraction. In 2024, employees put in $3.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$122,090,279
Participants with balances1,092
Active participants1,172
Employer contributions$2,374,896
Employee contributions$8,886,071
Employer contribution per active participant$2,026
Average account balance$111,804
Benefits paid to participants$8,684,452
Plan auditUnmodified (clean) audit opinion
AuditorRILEY AND COMPANY PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$122.1M · 1,092 accts · $2.4M emplr
2023$103.8M · 1,064 accts · $2.1M emplr
2022$84.3M · 918 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,888
Total administrative$18,895
The Helix Energy Solutions Group Inc. 401(k) match · 2024
Employer contribution per active participant$2,026
Median for plans this size$3,635
2024$2,026 per active participant
2023$1,552 per active participant
2022$971 per active participant

Helix Energy Solutions Group Inc.'s 2024 employer contribution ran below 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$18,888
FROST BANKindirect 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$18,895 · 0.02%
2023$4,399 · 0.00%
2022Not separately reported
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
Seadrill Americas Inc. TX$146.6M · 0.00%
Select Water Solutions, Inc. TX$126.2M · 0.23%
Chord Energy Corporation TX$122.2M · 0.14%
J-W Power Company TX$119.4M · 0.12%
Tetra Technologies, Inc. TX$113.6M · 0.04%
Eni US Operating Co. Inc. TX$112.4M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953409686 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.