Plan Ledger DOL Form 5500 · updated monthly

Hale Makua Health Services401(k)

HALE MAKUA HEALTH SERVICES 401(K) PLAN · KAHULUI, HI · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

Hale Makua Health Services reported $113,516 in plan administrative expenses for 2024: 0.71% of average plan assets, higher than ~90% of peers. Employer contributions averaged $789 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 0.64% to 0.71%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 118th-largest of 269 plans among Hawaii employers on file, and the 4,146th of 11,911 in health care & social assistance. In 2024, employees put in $2.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,907,401
Participants with balances308
Active participants426
Employer contributions$336,102
Employee contributions$958,384
Employer contribution per active participant$789
Average account balance$54,894
Benefits paid to participants$2,884,699
Plan auditUnmodified (clean) audit opinion
AuditorKMH LLP
Plan history3
Yearassets · accounts · employer contribution
2024$16.9M · 308 accts · $336K emplr
2023$15.1M · 325 accts · $300K emplr
2022$13.2M · 327 accts · $283K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$87,214
Total administrative$113,516
The Hale Makua Health Services 401(k) match · 2024
Employer contribution per active participant$789
Median for plans this size$2,416
2024$789 per active participant
2023$744 per active participant
2022$670 per active participant

Hale Makua Health Services's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20243
SUEMORI & INOUYE, INC. · Pension consulting$26,379
LPL FINANCIAL · Investment advisory (plan)$26,302

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$113,516 · 0.71%
2023$84,840 · 0.60%
2022$90,821 · 0.64%
Same employer
Similar plansHealth Care & Social Assistance · Hawaii
Lili'Uokalani Trust HI$21.1M · 0.06%
Hawaii Dental Group, Inc. HI$15.6M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 990080460 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.