Plan Snapshot
- Plan Sponsor: Helical Drilling, INC.
- Sponsor EIN: 364615460
- Sponsor Address: 639 GRANITE STREET, BRAINTREE, MA, 021845367
- Plan Type: 401(k)
- Total Participants: 95
- Total Assets: $12.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 95 | $12.0M | $448,080 | $929,968 |
| 2023 | 91 | $9.2M | $372,733 | $839,977 |
| 2022 | 97 | $7.0M | $563,075 | $764,574 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| CITRIN COOPERMAN | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $36,382 | — | — | — | — |
| 2023 | $27,114 | — | — | — | — |
| 2022 | $6,171 | — | — | — | — |