Plan Ledger DOL Form 5500 · updated monthly

Finance Factors, LTD.401(k)

FINANCE FACTORS 401(K) · HONOLULU, HI · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Finance Factors, LTD. reported $57,859 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $1,402 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 0.15% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 66th-largest of 269 plans among Hawaii employers on file, and the 2,055th of 4,798 in finance & insurance. In 2024, employees put in $4.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$37,768,336
Participants with balances240
Active participants147
Employer contributions$206,065
Employee contributions$1,017,582
Employer contribution per active participant$1,402
Average account balance$157,368
Benefits paid to participants$2,109,817
Plan auditUnmodified (clean) audit opinion
AuditorKKDLY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$37.8M · 240 accts · $206K emplr
2023$34.6M · 248 accts · $229K emplr
2022$35.6M · 266 accts · $325K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,539
Investment management$8,320
Total administrative$57,859
The Finance Factors, LTD. 401(k) match · 2024
Employer contribution per active participant$1,402
Median for plans this size$2,416
2024$1,402 per active participant
2023$1,520 per active participant
2022$2,154 per active participant

Finance Factors, LTD.'s 2024 employer contribution ran below the $2,416 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 · 20242
LINCOLN NATIONAL CORPORATION · Contract administrator$49,539
FINANCE INSURANCE LTD · Insurance services$8,320

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$57,859 · 0.16%
2023$111,333 · 0.32%
2022$58,298 · 0.15%
Same employer
Similar plansFinance & Insurance · Hawaii
Tradewind Group, Inc. HI$125.7M · 0.11%
Territorial Savings Bank HI$42.9M · 0.03%
Aloha Care HI$33.2M · 0.00%
University Health Alliance HI$32.5M · 0.09%
Hawaii National Bank HI$26.6M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 990077649 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.