Plan Ledger DOL Form 5500 · updated monthly

Helmer Scientific LLC401(k)

HELMER, INC. 401(K) PLAN · NOBLESVILLE, IN · plan year 2022

Reported admin expense ratio · 2022
0.40%

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

Helmer Scientific LLC reported $80,694 in plan administrative expenses for 2022: 0.40% of average plan assets, above the peer median. Employer contributions averaged $952 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 0.40% to 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 586th-largest of 1,562 plans among Indiana employers on file, and the 6,122nd of 13,661 in manufacturing. In 2022, employees put in $2.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,959,125
Participants with balances260
Active participants807
Employer contributions$768,288
Employee contributions$1,848,123
Employer contribution per active participant$952
Average account balance$72,920
Benefits paid to participants$1,299,146
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$3.8M · 61 accts · $383K emplr
2022$19.0M · 260 accts · $768K emplr
Administrative expenses, itemized · 2022
Investment management$11,967
Total administrative$80,694
The Helmer Scientific LLC 401(k) match · 2022
Employer contribution per active participant$952
Median for plans this size$2,266
2023$419 per active participant
2022$952 per active participant

Helmer Scientific LLC's 2022 employer contribution ran below the $2,266 median for plans its size, in the bottom 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 history2
2023$58,455 · 0.51%
2022$80,694 · 0.40%
Similar plansManufacturing · Indiana
Khorporate Holdings, Inc. IN$19.3M · 0.25%
Thermwood Corporation IN$19.0M · 0.06%
Aluminum Trailer Company IN$18.8M · 0.02%
Anchor Industries, Inc. IN$18.8M · 0.41%
Graber Post Buildings, Inc. IN$18.7M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411432277 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.