Well, the pilot -- wearing a normal belt -- was the sole survivor; and claims that he tried to disengage the belt of the passenger next to him unsuccessfully before escaping.
from the NTSB preliminary report:
"After impacting the water, the chin bubble on the pilot's side began to fill with water, which quickly covered the floor. He kept his restraint on and reached down for the front seat passenger's carabiner attachment to the helicopter. He turned the knurled screw "two or three rotations"; by that time, the helicopter was "listing past a 45° roll." He then decided to egress the helicopter, and by the time he unbuckled his restraint, he was fully under water."