Plan Ledger DOL Form 5500 · updated monthly

First Hawaiian, Inc.401(k)

FIRST HAWAIIAN, INC. 401(K) SAVINGS PLAN · HONOLULU, HI · plan year 2024

Employer contribution per participant · 2024
$3,328

First Hawaiian, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $455,777,630 across 2,780 participant accounts, with employer contributions averaging $3,328 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 9th-largest of 269 plans among Hawaii employers on file, and the 331st of 4,798 in finance & insurance. In 2024, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$455,777,630
Participants with balances2,780
Active participants2,012
Employer contributions$6,695,554
Employee contributions$14,179,676
Employer contribution per active participant$3,328
Average account balance$163,949
Benefits paid to participants$43,398,708
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$455.8M · 2,780 accts · $6.7M emplr
2023$419.2M · 2,795 accts · $6.2M emplr
2022$372.0M · 2,709 accts · $6.1M emplr
The First Hawaiian, Inc. 401(k) match · 2024
Employer contribution per active participant$3,328
Median for plans this size$4,294
2024$3,328 per active participant
2023$2,959 per active participant
2022$2,911 per active participant

First Hawaiian, Inc.'s 2024 employer contribution ran below the $4,294 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.

Recordkeeper by year2
2024Empower
2023Empower

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024Not separately reported
2023$410 · 0.00%
2022Not separately reported
All plans at this employer2
FIRST HAWAIIAN, INC. 401(K) SAVINGS PLAN401(k)
FIRST HAWAIIAN, INC. FUTURE PLANMoney purchase plan
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 990156159 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.