Plan Ledger DOL Form 5500 · updated monthly

Hawaii Community Foundation401(k)

HAWAII COMMUNITY FOUNDATION 401(K) PROFIT SHARING PLAN · HONOLULU, HI · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Hawaii Community Foundation reported $58,305 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $7,908 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 0.47% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Hawaii (138th of 269), and the 1,331st of 3,341 in other services. In 2024, the employer put in $1.07 for every $1.00 employees contributed themselves; active participation has grown from 72 to 87 since 2022.

Plan summary
Net assets, end of year$14,263,551
Participants with balances120
Active participants87
Employer contributions$688,027
Employee contributions$645,319
Employer contribution per active participant$7,908
Average account balance$118,863
Benefits paid to participants$858,718
Plan auditUnmodified (clean) audit opinion
AuditorCW ASSOCIATES, CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$14.3M · 120 accts · $688K emplr
2023$12.2M · 117 accts · $594K emplr
2022$9.9M · 110 accts · $646K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,816
Investment management$30,489
Total administrative$58,305
The Hawaii Community Foundation 401(k) match · 2024
Employer contribution per active participant$7,908
Median for plans this size$2,416
2024$7,908 per active participant
2023$6,906 per active participant
2022$8,972 per active participant

Hawaii Community Foundation'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 · 20243
JOHN HANCOCK · Recordkeeping · Loan processing$27,816
RAYMOND JAMES FINANCIAL SERVICES · Investment advisory (plan)$25,407
MILLENNIUM INVT & RET. ADVISORS LLC · Investment advisory (plan)$5,082

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$58,305 · 0.44%
2023$46,943 · 0.43%
2022$49,840 · 0.47%
Similar plansOther Services · Hawaii
Jensen U.S.A. FL$14.4M · 0.01%
Pdq Enterprises, Inc CA$14.3M · 0.21%
Syfan Logistics, Inc. GA$14.3M · 0.68%
Kosse Partners I, LLC TX$14.3M · 0.65%
East Lawn, Inc. CA$14.3M · 0.34%
Way Finders, Inc. MA$14.2M · 0.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 990261283 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.