Board of Trustees, Hawaii Operating EngineersMoney purchase plan
HAWAII ANNUITY TRUST FUND FOR OPERATING ENGINEERS · ALAMEDA, CA · plan year 2024
Reported admin expense ratio · 2024
0.55%
Peer grade: C+· admin costs + employer contributions vs same-size plans · how grading works
Board of Trustees, Hawaii Operating Engineers reported $939,987 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,363 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 fell from 0.63% to 0.55%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 618th-largest of 9,483 plans among California employers on file, and the 381st of 5,337 in construction. active participation has grown from 2,096 to 2,409 since 2022.
Plan summary
Net assets, end of year$176,558,682
Participants with balances3,724
Active participants2,409
Employer contributions$10,509,877
Employee contributions—
Employer contribution per active participant$4,363
Employer contributions to the Board of Trustees, Hawaii Operating Engineers plan · 2024
Employer contribution per active participant$4,363
Median for plans this size$3,635
2024$4,363 per active participant
2023$4,526 per active participant
2022$4,305 per active participant
Board of Trustees, Hawaii Operating Engineers'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.
Source: U.S. Department of Labor, Form 5500 series, EIN 942959994 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.