Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Helix Energy Solutions Group Inc. Employees' 401(k) Savings Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Helix Energy Solutions Group Inc. · Texas · Mining & Oil Extraction

What the 2023 filing shows

Helix Energy Solutions Group Inc. Employees' 401(k) Savings Plan holds $84M for 493 participants — about $170,924 per participant, down 16.2% over the 2022 plan year.

$84M
total plan assets (2022 EOY)
493
covered participants
$170,924
avg assets per participant
-16.2%
assets change YoY

The plan reported a net loss of $16M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$84M
Participants
493
State
Industry
Mining & Oil Extraction

What the Filing Says About Helix Energy Solutions Group Inc. Employees' 401(k) Savings Plan

Helix Energy Solutions Group Inc. Employees' 401(k) Savings Plan is a Profit Sharing retirement plan sponsored by Helix Energy Solutions Group Inc., headquartered in Texas. As of the 2022 Form 5500 filing, the plan reports $84M in total end-of-year assets and covers 493 participants across the Mining & Oil Extraction industry. The sponsor's EIN on file with the U.S. Department of Labor is 953409686, and the plan has been effective since 1989-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $101M at the beginning of 2022 to $84M at year-end — a decline of 16.2%. Net assets (after liabilities) closed the year at $84M, with reported net income of $-16,261,526 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$101M
Total Assets (End of Year)$84M
Net Assets (End of Year)$84M
Net Income$-16,261,526
Plan TypeProfit Sharing
Employer EIN953409686
Plan Effective Date1989-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Helix Energy Solutions Group Inc.)

Year Plans Participants Total Assets
2022 1 493 $84M
2023 1 1,228 $104M
2024 1 1,339 $122M

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Frequently Asked Questions

How much money is in the Helix Energy Solutions Group Inc. Employees' 401(k) Savings Plan?
As of the 2022 Form 5500 filing, Helix Energy Solutions Group Inc. Employees' 401(k) Savings Plan holds $84M in total assets with 493 participants. It is sponsored by Helix Energy Solutions Group Inc..
What type of plan is Helix Energy Solutions Group Inc. Employees' 401(k) Savings Plan?
Helix Energy Solutions Group Inc. Employees' 401(k) Savings Plan is a Profit Sharing plan. It has been effective since 1989-07-01. The plan is filed with the U.S. Department of Labor under EIN 953409686.
Who sponsors the Helix Energy Solutions Group Inc. Employees' 401(k) Savings Plan?
Helix Energy Solutions Group Inc. Employees' 401(k) Savings Plan is sponsored by Helix Energy Solutions Group Inc., located in Texas. The sponsor's EIN is 953409686 and the plan operates in the Mining & Oil Extraction industry.
How did Helix Energy Solutions Group Inc. Employees' 401(k) Savings Plan perform in 2022?
Helix Energy Solutions Group Inc. Employees' 401(k) Savings Plan declined by 16.2% during 2022, moving from $101M to $84M in total assets. Net income was $-16,261,526.
Where can I find official filings for Helix Energy Solutions Group Inc. Employees' 401(k) Savings Plan?
Official Form 5500 filings for Helix Energy Solutions Group Inc. Employees' 401(k) Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 953409686 or plan name at efast.dol.gov.
How does Helix Energy Solutions Group Inc. Employees' 401(k) Savings Plan compare to other plans?
You can compare Helix Energy Solutions Group Inc. Employees' 401(k) Savings Plan against other Profit Sharing plans on the plan type page, or view plans in Texas on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 953409686.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.