Hawaii Planing Mill, LTDESOP
HPM BUILDING SUPPLY EMPLOYEE STOCK OWNERSHIP PLAN · KEAAU, HI · plan year 2023
Hawaii Planing Mill, LTD's 2023 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 $91,129,769 across 593 participant accounts, with employer contributions averaging $7,049 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other retail trade employers. By assets it is the 37th-largest of 269 plans among Hawaii employers on file, and the 406th of 5,215 in retail trade. active participation has grown from 377 to 430 since 2022.
Hawaii Planing Mill, LTD's 2023 employer contribution ran above the $3,659 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.
This plan has changed recordkeepers within these filings. If you left Hawaii Planing Mill, LTD before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).
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Source: U.S. Department of Labor, Form 5500 series, EIN 990040180 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.