Plan Ledger DOL Form 5500 · updated monthly

The Helper Bees, Inc.401(k)

THE HELPER BEES 401(K) PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
1.00%

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

The Helper Bees, Inc. reported $23,232 in plan administrative expenses for 2024: 1.00% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,029 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 0.57% to 1.00%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Texas (4,598th of 5,688), and 9,297th of 11,911 in health care & social assistance. In 2024, employees put in $1.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,953,285
Participants with balances247
Active participants217
Employer contributions$440,256
Employee contributions$676,238
Employer contribution per active participant$2,029
Average account balance$11,957
Benefits paid to participants$355,084
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.0M · 247 accts · $440K emplr
2023$1.7M · 236 accts · $408K emplr
2022$598K · 240 accts · $216K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,232
Total administrative$23,232
The The Helper Bees, Inc. 401(k) match · 2024
Employer contribution per active participant$2,029
Median for plans this size$1,313
2024$2,029 per active participant
2023$2,232 per active participant
2022$967 per active participant

The Helper Bees, Inc.'s 2024 employer contribution ran above the $1,313 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.

Administrative cost history3
2024$23,232 · 1.00%
2023$11,543 · 1.02%
2022$3,390 · 0.57%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Tms Neuro Solutions LLC TX$3.0M · 1.23%
Anders Group, LLC TX$3.0M · 0.65%
Gryphon Healthcare, LLC TX$2.9M · 0.67%
Found Health Inc. TX$2.9M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 475530219 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.