Plan Ledger DOL Form 5500 · updated monthly

Helm America Corporation401(k)

HELM AMERICA CORPORATION 401(K) PLAN · TAMPA, FL · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Helm America Corporation reported $24,455 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $6,477 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 rose from 0.11% to 0.12%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,068th-largest of 3,644 plans among Florida employers on file, and the 1,787th of 4,246 in wholesale trade. In 2024, employees put in $1.34 for every $1.00 the employer contributed; active participation has grown from 152 to 176 since 2022.

Plan summary
Net assets, end of year$21,513,407
Participants with balances256
Active participants176
Employer contributions$1,139,974
Employee contributions$1,532,614
Employer contribution per active participant$6,477
Average account balance$84,037
Benefits paid to participants$1,482,817
Plan auditUnmodified (clean) audit opinion
AuditorCLIFTON LARSEN ALLEN
Plan history3
Yearassets · accounts · employer contribution
2024$21.5M · 256 accts · $1.1M emplr
2023$17.6M · 228 accts · $533K emplr
2022$14.0M · 212 accts · $498K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,154
Investment management$8,301
Total administrative$24,455
The Helm America Corporation 401(k) match · 2024
Employer contribution per active participant$6,477
Median for plans this size$2,416
2024$6,477 per active participant
2023$3,330 per active participant
2022$3,276 per active participant

Helm America Corporation's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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
EMPOWER ADVISORY GROUP, LLC · Investment management$8,301

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$24,455 · 0.12%
2023$19,085 · 0.12%
2022$16,247 · 0.11%
Similar plansWholesale Trade · Florida
Jazwares, LLC FL$22.1M · 0.65%
Q.E.P. Co., Inc. FL$21.9M · 0.32%
Aqua Lung FL$21.5M · 0.23%
Micro Matic USA, Inc. FL$21.0M · 0.36%
City Beverages, LLC FL$20.5M · 0.39%
Aso LLC FL$20.5M · 0.04%
Cone Distributing, Inc. FL$19.8M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521279650 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.