Plan Ledger DOL Form 5500 · updated monthly

Helm Point Solutions, Inc.401(k)

HELM POINT SOLUTIONS 401(K) PLAN · COLUMBIA, MD · plan year 2022

Reported admin expense ratio · 2022
0.65%

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

Helm Point Solutions, Inc. reported $33,072 in plan administrative expenses for 2022: 0.65% of average plan assets, above the peer median. Employer contributions averaged $4,071 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Maryland (1,318th of 1,671), and 9,997th of 11,654 in professional & technical services. In 2022, employees put in $1.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,473,364
Participants with balances79
Active participants24
Employer contributions$97,700
Employee contributions$177,132
Employer contribution per active participant$4,071
Average account balance$56,625
Benefits paid to participants$604,481
Plan auditUnmodified (clean) audit opinion
AuditorSMITH ELLIOTT KEARNS & CO
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$33,072
Total administrative$33,072
The Helm Point Solutions, Inc. 401(k) match · 2022
Employer contribution per active participant$4,071
Median for plans this size$1,114

Helm Point Solutions, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$33,072 · 0.65%
Similar plansProfessional & Technical Services · Maryland
Caruso Homes, Inc. MD$4.9M · 0.06%
Clearone Advantage, LLC MD$4.8M · 1.62%
A P Ventures, LLC MD$4.2M · 0.14%
The McConnell Group, Inc. MD$4.0M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371546436 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.