Helix Operating Company LLC Employees' Profit Sharing Plan And Trust — Form 5500 plan (Helix Operating Company LLC)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Helix Operating Company LLC Employees' Profit Sharing Plan And Trust is a benefit plan reported by Helix Operating Company LLC under EIN 61-1789812 and plan number 001. The latest loaded filing year is 2023. The filing reports 195 participants and $6,401,589 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$6.4MPlan net assets, end of year$6,393,261
Participants195Covered participants reported
Assets / participant$32.8KComputed: assets ÷ participants$32,829 (computed)
Provider compensation$48.7K2 Schedule C provider row(s)$48,657
Plan sponsor
Helix Operating Company LLC
EIN
61-1789812
Plan number
001
Plan type
2
Location
Beachwood, OH
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023195H, C20241010111720NAL0019978593001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$6.4M total assets
Net assets$6.4MLiabilities$8.3K
Money in vs. money out
Total income / additions$1.3M
Total expenses$1.3M
Benefits paid / distributions$1.3M
Contributions
Employer$47.2K
Participant$307.1K
Full reported line items

Net assets

Total assets (EOY)
$6,401,589
Total liabilities (EOY)
$8,328
Net assets (EOY)
$6,393,261
Net assets (BOY)
$6,382,943

Income & contributions

Employer contributions
$47,197
Participant contributions
$307,086
Total contributions
$354,283
Total income / additions
$1,323,580

Expenses & distributions

Benefits paid
$1,255,522
Administrative expenses
$47,667
Total expenses
$1,313,262
Net increase / (decrease)
$10,318
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 13%Participant 87%
Total expenses ÷ net assets21%Computed ratio
Benefits paid ÷ total income95%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Merrill Lynch, Pierce, Fenner And SRECORDKEEPER$36,757$02023
Maloney And Novotny LLCACCOUNTANT$11,900not reported in the loaded dataset2023

Related Form 5500 pages