Plan Snapshot
- Plan Sponsor: Helpside INC
- Sponsor EIN: 870476353
- Sponsor Address: 395 W. 600 N., LINDON, UT, 84042
- Plan Type: 401(k)
- Plan Number: 502
- Total Participants: 7,993
- Total Assets: $14.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 7,993 | $14.5M | $0 | $17.1M |
| 2023 | 7,498 | $13.4M | $0 | $17.0M |
| 2022 | 5,302 | $11.0M | $0 | $18.7M |
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 |
|---|---|---|---|---|
| EMI HEALTH | Other Service Provider | $2,760,351 | — | $2,760,351 |
| MILLMAN | Other Service Provider | $310,017 | — | $310,017 |
| GRADIENT | Other Service Provider | $185,351 | — | $185,351 |
| HEALTH BENEFIT DESIGNS | Other Service Provider | $72,000 | — | $72,000 |
| WAKELY | Other Service Provider | $67,500 | — | $67,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,395,219
- Estimated Expense Ratio: 23.480% 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 | $5,515,524 | — | $5,515,524 | — | — |
| 2023 | $3,470,210 | — | $3,470,210 | — | — |
| 2022 | $3,433,281 | — | $3,433,281 | — | — |