Plan Snapshot
- Plan Sponsor: Helion Technologies, INC.
- Sponsor EIN: 522179042
- Sponsor Address: 3000 FALLS ROAD, BALTIMORE, MD, 21211
- Plan Type: 401(k)
- Total Participants: 120
- Total Assets: $5.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 120 | $5.8M | $202,533 | $547,943 |
| 2023 | 107 | $4.6M | $168,839 | $466,903 |
| 2022 | 96 | $3.4M | $141,841 | $380,485 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $42,010 | — | $42,010 |
| LPL FINANCIAL LLC | Recordkeeper | — | $17,211 | $17,211 |
| PRIME BENEFITS, INC. | Recordkeeper | $5,610 | $2,326 | $7,936 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LPL FINANCIAL LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $67,157
- Estimated Expense Ratio: 1.151% 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 | $47,620 | — | $47,620 | — | — |
| 2023 | $39,168 | — | $39,168 | — | — |
| 2022 | $35,698 | — | $35,573 | — | $125 |