If you are using the Variant Encumberance rules (PHB 176):
If you carry weight in excess of 5 times your Strength score, you are
encumbered, which means your speed drops by 10 feet.
If you carry weight in excess of 10 times your Strength score, up to
your maximum carrying capacity, you are instead heavily encumbered,
which means your speed drops by 20 feet and you have disadvantage on
ability checks, attack rolls, and saving throws that use Strength,
Dexterity, or Constitution.
A character with 15 strength can carry up to 75 pounds without being encumbered. Then up to 150 pounds with a movement speed reduced by 10, only when carrying more than that is the character heavily encumbered.
The rules do not specify how carrying an object together works. Ask your DM how they handle it.
The closest thing that we have is how carrying for animals that pull a vehicle works (PHB 155):
An animal pulling a carriage, cart, chariot, sled, or wagon can move
weight [...] If multiple animals pull the same vehicle, they
can add their carrying capacity together.
If you apply the same to two characters with 15 strength, then they can carry a total of up to 150 pounds without facing encumbrance penalties and up to 300 pounds without facing heavy encumbrance penalties.
So this depends on their gear: if they use gear that weighs less than 50 pounds combined, then they would be encumbered, but only when exceeding the total threshold of 300 pounds would they be heavily encumbered.
The advantage on the next ability check granted by the help action (PHB 192):
You can lend your aid to another creature in the completion of a task.
When you take the Help action, the creature you aid gains advantage on
the next ability check it makes to perform the task you are helping
with, provided that it makes the check before the start of your next
turn.
does not impact carrying as it doesn't take an ability check. Unless your DM says that it does - in that case it is still up to the DM on how that works out when the person that already helps you to carry also tries to give you advantage: ask your DM.