Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees of Hawaii Glaziers Annuity Trust FundDC plan

HAWAII GLAZIERS ANNUITY TRUST FUND · ALAMEDA, CA · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Board of Trustees of Hawaii Glaziers Annuity Trust Fund reported $160,669 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $16,061 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 0.61% to 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 2,311th-largest of 9,483 plans among California employers on file, and the 1,343rd of 5,337 in construction. active participation has shrunk from 218 to 192 since 2022.

Plan summary
Net assets, end of year$36,120,013
Participants with balances—
Active participants192
Employer contributions$3,083,670
Employee contributions—
Employer contribution per active participant$16,061
Average account balance—
Benefits paid to participants$1,009,405
Plan auditUnmodified (clean) audit opinion
AuditorMC GROUP HAWAII, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$36.1M · $3.1M emplr
2023$30.7M · 455 accts · $3.2M emplr
2022$25.6M · 444 accts · $3.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,484
Investment management$81,002
Total administrative$160,669
Employer contributions to the Board of Trustees of Hawaii Glaziers Annuity Trust Fund plan · 2024
Employer contribution per active participant$16,061
Median for plans this size$2,416
2024$16,061 per active participant
2023$14,130 per active participant
2022$14,802 per active participant

Board of Trustees of Hawaii Glaziers Annuity Trust Fund's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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 · 20247
FIRST HAWAIIAN BANK$47,845
GROUP PLAN ADMINISTRATORS$43,089
CKW FINANCIAL GROUP$31,321
MC GROUP HAWAII, INC.$14,151
THE SEGAL COMPANY$11,336
YOSHIDA & ASSOCIATES$8,939
WASHINGTON CAPITAL$1,836

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$160,669 · 0.48%
2023$192,068 · 0.68%
2022$175,102 · 0.61%
Similar plansConstruction · California
Vortex Industries, LLC CA$37.4M · 0.37%
The Arcticom Group, LLC CA$36.4M · 0.49%
K.F. Howell Electric, Inc. CA$35.8M · 0.03%
Level 10 Construction, LP CA$35.1M · 0.20%
Joseph J. Albanese, Inc. CA$34.9M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 990229952 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.