Hawaii Electricians Annuity PlanProfit-sharing plan
HAWAII ELECTRICIANS ANNUITY PLAN · HONOLULU, HI · plan year 2023
Reported admin expense ratio · 2023
0.64%
Peer grade: B· admin costs + employer contributions vs same-size plans · how grading works
Hawaii Electricians Annuity Plan reported $2,712,157 in plan administrative expenses for 2023: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $7,906 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 0.69% to 0.60%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,601 comparable plans and shown alongside other construction employers. By assets it is the 10th-largest of 269 plans among Hawaii employers on file, and the 157th of 5,337 in construction.
Plan summary
Net assets, end of year$447,372,280
Participants with balances4,113
Active participants2,222
Employer contributions$17,567,281
Employee contributions—
Employer contribution per active participant$7,906
Employer contributions to the Hawaii Electricians Annuity Plan plan · 2023
Employer contribution per active participant$7,906
Median for plans this size$4,362
2024$8,601 per active participant
2023$7,906 per active participant
2022$8,136 per active participant
Hawaii Electricians Annuity Plan's 2023 employer contribution ran above the $4,362 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Service providers · 202312
SIERRA INVESTMENT PARTNERS, INC · Investment management$458,680
Source: U.S. Department of Labor, Form 5500 series, EIN 996020486 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.