Plan Ledger DOL Form 5500 · updated monthly

Helms Bros. Inc.401(k)

HELMS BROS. INC. 401(K) PLAN · BAYSIDE, NY · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Helms Bros. Inc. reported $71,549 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $594 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 3 years on file its reported administrative ratio has held roughly steady near 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 2,625th-largest of 5,648 plans among New York employers on file, and the 1,577th of 5,215 in retail trade. In 2024, employees put in $9.74 for every $1.00 the employer contributed; active participation has grown from 142 to 160 since 2022.

Plan summary
Net assets, end of year$18,525,664
Participants with balances152
Active participants160
Employer contributions$94,960
Employee contributions$925,355
Employer contribution per active participant$594
Average account balance$121,879
Benefits paid to participants$490,695
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.5M · 152 accts · $95K emplr
2023$15.9M · 162 accts · $93K emplr
2022$13.3M · 133 accts · $108K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,549
Total administrative$71,549
The Helms Bros. Inc. 401(k) match · 2024
Employer contribution per active participant$594
Median for plans this size$2,416
2024$594 per active participant
2023$638 per active participant
2022$762 per active participant

Helms Bros. Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$71,549
PRIVATE ADVISOR GROUP LLC · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect 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$71,549 · 0.42%
2023$60,695 · 0.41%
2022$57,885 · 0.40%
Same employer
Similar plansRetail Trade · New York
Maxmara USA, Inc. NY$19.5M · 0.47%
The Pace Gallery, LLC NY$19.1M · 0.35%
Pepe Motors Corp. NY$18.7M · 0.03%
Stanton Carpet Corp. NY$18.6M · 0.34%
Orveon Global US LLC NY$18.4M · 0.34%
1STDIBS.COM, Inc. NY$18.2M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112417038 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.