Department of Labor filing

HELPMATES, INC.

HELPMATES, INC. 401(K) PLAN · For the plan year ended Dec 31, 2023

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Public filing 2023 · received Aug 22, 2024Verified current terms Not available

Plan at a glance

How good does the filing look?

24filing comparison
out of 100

The filing trails many comparable plans on reported employer support and/or plan-paid administrative costs. This is a filing comparison, not a complete benefits score.

$Employer support
$0

Reported employer contributions per active participant.

Higher than about 3% of comparable plans
#People in the filing
159

Active participants reported for 2023.

The filing does not say how many employees are currently contributing.
¢Visible plan-paid fees
$52 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 75% of comparable plans
Investment performance
Not available

Plan assets changed -7.5%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.
What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓
Filing comparison · 202324out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions3rd percentileTypical peer $2,334 · based on 2,305 comparable plans
Lower reported administrative expense75th percentileTypical peer $129 · based on 2,394 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2023, HELPMATES, INC. reported $0 in employer contributions across the plan and 159 active participants. That works out to $0 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy74%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendDown 100.0%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 140.1%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context24/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions
$0
Participant contributions
$41,271
Other contributions
Not reported
Employer share of reported contributions
0.0%
Beginning assets
$424,290
Ending assets
$392,340
Ending net assets
$392,340
Ending liabilities
$0
Total income
$94,201
Total expenses
$126,151
Administrative expenses
$13,077
Participant loans
Not reported

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant
2022
$3
2023
$0
Plan-paid administrative expenses per participant
2022
$22
2023
$52
Active participants
2022
178
2023
159
Detailed filing history
Plan yearPer active participantActive participantsPlan assetsFiling ID
2023$0159392.3K20240822131550NAL0005137537001
2022$3178424.3K20240219094150NAL0006983888001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets
Not stated in the filing
Independent accountant’s opinion
Unqualified opinion Code 1
Late participant contributions reported
Yes
Public plan identifier
251555968-001

Reported plan details

Identity and filing status

Plan type
Retirement plan
Employer arrangement
Single-employer plan
Plan effective date
Jul 1, 2015
Industry
Health care and social assistance
Amended filing
No
Final filing for this plan
No
Short plan year
No
401(k) feature reported
Yes
Show DOL characteristic codes2E2F2G2J2K2T3D3H2S

Current plan terms

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Filing ACK_ID20240822131550NAL0005137537001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗