Plan Snapshot
- Plan Sponsor: Helion Energy, INC.
- Sponsor EIN: 463247574
- Sponsor Address: 1415 75TH ST SW, EVERETT, WA, 98203
- Plan Type: 401(k)
- Total Participants: 310
- Total Assets: $7.9M
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 | 310 | $7.9M | $1.1M | $2.1M |
| 2023 | 255 | $3.9M | $698,103 | $1.1M |
| 2022 | 103 | $1.6M | $201,487 | $366,528 |
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 |
|---|---|---|---|---|
| DECIMAL, INC. | RECORDKEEPER | $27,038 | — | $27,038 |
| HUNNEX AND SHOEMAKER INC | CONTRACT ADMIN | $2,152 | $18,395 | $20,547 |
| ASSUREDPARTNERS CAPITAL INC | INVESTMENT ADVISORY | $6,014 | — | $6,014 |
| CLARK NUBER P.S. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $53,599
- Estimated Expense Ratio: 0.675% of plan assets
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 | $35,204 | $6,014 | $2,152 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |