401k Record

Employers › HLX PLY Holdings

HLX PLY Holdings 401(k)

Recordkeeping fees per participant · largest plan, Novolex Holdings, LLC 401(k) Plan · plan year 2024

$70.68

Higher than 78% of the 1,697 plans $250M to 1B that report it.

Source

= $568,293 / 8,040
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250926113436NAL0003986499001, received 2025-09-26
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250926113436NAL0003986499001, received 2025-09-26

10th: $11.56median $49.9890th: $89.63

Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-09-26.

Largest plan, all six figures: Novolex Holdings, LLC 401(k) Plan

Recordkeeping fees per participantheadline

$70.68

10th: $11.56median $49.9890th: $89.63

Higher than 78% of the 1,697 plans $250M to 1B that report it.

Source

= $568,293 / 8,040
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250926113436NAL0003986499001, received 2025-09-26
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250926113436NAL0003986499001, received 2025-09-26

Administrative expenses excluding investment management, per participant

$73.15

10th: $18.52median $67.2190th: $147.71

Higher than 57% of the 2,324 plans $250M to 1B that report it.

Source

= $588,138 / 8,040
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250926113436NAL0003986499001, received 2025-09-26
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250926113436NAL0003986499001, received 2025-09-26

Administrative expenses per participant

$91.81

10th: $27.95median $88.2590th: $203.68

Higher than 53% of the 2,405 plans $250M to 1B that report it.

Source

= $738,138 / 8,040
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250926113436NAL0003986499001, received 2025-09-26
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250926113436NAL0003986499001, received 2025-09-26

Administrative expenses as a share of assets

0.192%

10th: 0.018%median 0.073%90th: 0.183%

Higher than 91% of the 2,407 plans $250M to 1B that report it.

Source

= $738,138 / $385,286,070
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250926113436NAL0003986499001, received 2025-09-26
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250926113436NAL0003986499001, received 2025-09-26

Employer contributions per participant

$1,841

10th: $1,169median $3,07390th: $8,346

Higher than 23% of the 2,457 plans $250M to 1B that report it.

Source

= $14,803,030 / 8,040
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250926113436NAL0003986499001, received 2025-09-26
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250926113436NAL0003986499001, received 2025-09-26

Employer share of total contributions

33.8%

10th: 17.5%median 31.1%90th: 48.7%

Higher than 59% of the 2,459 plans $250M to 1B that report it.

Source

= $14,803,030 / $43,737,919
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250926113436NAL0003986499001, received 2025-09-26
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250926113436NAL0003986499001, received 2025-09-26

Plan terms, as stated in HLX PLY Holdings, Inc.'s SEC filings

Plan terms are not published in public filings.

Plans sponsored

PlanAssetsParticipants with a balanceHeadlineYear
Novolex Holdings, LLC 401(k) Plan$385,286,0708,040 $70.68 recordkeeping fees per participant2024
Novolex AE 401(k) Plan$20,236,221391 $73.83 recordkeeping fees per participant2024
Novolex TE 401(k) Plan$17,430,516940 $66.83 recordkeeping fees per participant2024

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Sponsor name as filed: NOVOLEX HOLDINGS, LLC; SEC registrant: HLX PLY Holdings, Inc. (CIK 1515978, matched by EIN).