Plan Ledger DOL Form 5500 · updated monthly

Asset School401(k)

ASSET SCHOOL 401(K) PLAN · HONOLULU, HI · plan year 2022

Reported admin expense ratio · 2022
0.62%

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

Asset School reported $21,337 in plan administrative expenses for 2022: 0.62% of average plan assets, above the peer median. Employer contributions averaged $668 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Hawaii (229th of 269), and 2,704th of 3,091 in educational services. In 2022, employees put in $2.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,160,655
Participants with balances77
Active participants128
Employer contributions$85,453
Employee contributions$239,374
Employer contribution per active participant$668
Average account balance$41,047
Benefits paid to participants$402,747
Plan auditUnmodified (clean) audit opinion
AuditorCW ASSOCIATES
The Asset School 401(k) match · 2022
Employer contribution per active participant$668
Median for plans this size$1,114

Asset School's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$21,337 · 0.62%
Similar plansEducational Services · Hawaii
Parker School Corporation HI$12.6M · 0.00%
Hanalani Schools HI$7.7M · 0.56%
Seagull Schools, Inc. HI$3.2M · 1.22%
Pacific Whale Foundation HI$1.7M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 996001152 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.