Plan Ledger DOL Form 5500 · updated monthly

Halekulani Corporation401(k)

HALEKULANI CORPORATION CASH ACCUMULATION PLAN · HONOLULU, HI · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Halekulani Corporation reported $125,712 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $1,378 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 0.14% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 35th-largest of 269 plans among Hawaii employers on file, and the 78th of 2,240 in accommodation & food services. In 2024, employees put in $4.21 for every $1.00 the employer contributed; active participation has grown from 852 to 951 since 2022.

Plan summary
Net assets, end of year$105,258,352
Participants with balances1,181
Active participants951
Employer contributions$1,310,213
Employee contributions$5,520,410
Employer contribution per active participant$1,378
Average account balance$89,126
Benefits paid to participants$10,649,790
Plan auditUnmodified (clean) audit opinion
AuditorKMH LLP
Plan history3
Yearassets · accounts · employer contribution
2024$105.3M · 1,181 accts · $1.3M emplr
2023$97.4M · 1,091 accts · $1.2M emplr
2022$87.7M · 1,117 accts · $970K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$104,860
Audit (IQPA)$20,852
Total administrative$125,712
The Halekulani Corporation 401(k) match · 2024
Employer contribution per active participant$1,378
Median for plans this size$3,635
2024$1,378 per active participant
2023$1,323 per active participant
2022$1,138 per active participant

Halekulani Corporation's 2024 employer contribution ran below the $3,635 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
LINCOLN NATIONAL CORP · Contract administrator · Investment advisory (participants)$104,860
SAGEVIEW ADVISORY · Investment advisory (plan)$40,000
KMH LLP · Accounting / audit$20,852

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$125,712 · 0.12%
2023$119,663 · 0.13%
2022$136,367 · 0.14%
Same employer
Similar plansAccommodation & Food Services · Hawaii
Outrigger Hotels Hawaii HI$162.7M · 0.28%
Prince Resorts Hawaii, Inc. HI$64.0M · 0.16%
Fch Enterprises, Inc. HI$44.6M · 0.34%
Kawailoa Development LLP HI$30.6M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 990202926 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.