Plan Snapshot
- Plan Sponsor: Helms Bros. INC.
- Sponsor EIN: 112417038
- Sponsor Address: 20824 NORTHERN BLVD, BAYSIDE, NY, 113613148
- Plan Type: 401(k)
- Total Participants: 160
- Total Assets: $18.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 160 | $18.6M | $94,960 | $925,355 |
| 2023 | 146 | $16.0M | $93,092 | $918,503 |
| 2022 | 142 | $13.3M | $108,180 | $971,569 |
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 | CONTRACT ADMINISTRATOR | $71,549 | — | $71,549 |
| PRIVATE ADVISOR GROUP LLC | INVESTMENT ADVISORY | — | $40,641 | $40,641 |
| BONADIO & CO., LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BONADIO & CO., LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $112,190
- Estimated Expense Ratio: 0.605% 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 | $71,549 | — | $71,549 | — | — |
| 2023 | $60,695 | — | $60,695 | — | — |
| 2022 | $57,885 | — | $57,885 | — | — |