Plan Ledger DOL Form 5500 · updated monthly

American Savings Bank, F.S.B.401(k) + ESOP (KSOP)

AMERICAN SAVINGS BANK 401(K) PLAN · HONOLULU, HI · plan year 2024

Reported admin expense ratio · 2024
0.09%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

American Savings Bank, F.S.B. reported $176,829 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $4,085 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.02% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 20th-largest of 269 plans among Hawaii employers on file, and the 582nd of 4,798 in finance & insurance. In 2024, employees put in $1.95 for every $1.00 the employer contributed; active participation has shrunk from 1,083 to 963 since 2022.

Plan summary
Net assets, end of year$199,171,087
Participants with balances1,395
Active participants963
Employer contributions$3,933,490
Employee contributions$7,682,451
Employer contribution per active participant$4,085
Average account balance$142,775
Benefits paid to participants$20,613,777
Plan auditUnmodified (clean) audit opinion
AuditorACCUITY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$199.2M · 1,395 accts · $3.9M emplr
2023$181.8M · 1,470 accts · $4.0M emplr
2022$168.1M · 1,532 accts · $3.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$90,755
Investment management$19,457
Audit (IQPA)$51,099
Total administrative$176,829
The American Savings Bank, F.S.B. 401(k) match · 2024
Employer contribution per active participant$4,085
Median for plans this size$3,635
2024$4,085 per active participant
2023$4,081 per active participant
2022$2,802 per active participant

American Savings Bank, F.S.B.'s 2024 employer contribution ran above the $3,635 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
ACCUITY LLP · Accounting / audit$51,099
SAGEVIEW ADVISORY GROUP, LLC · Investment advisory (plan) · Consulting$16,932
TRUCKER HUSS · Legal$14,948
FIDELITY INV INST OPER CO, INC. · Loan processingindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$176,829 · 0.09%
2023$101,285 · 0.06%
2022$37,837 · 0.02%
Same employer
Similar plansFinance & Insurance · Hawaii
Bank of Hawaii HI$908.1M · 0.07%
Tradewind Group, Inc. HI$125.7M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 990253492 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.