Plan Ledger DOL Form 5500 · updated monthly

Hawaiian Bros Inc.401(k)

HAWAIIAN BROS 401(K) RETIREMENT PLAN · KANSAS CITY, MO · plan year 2023

Reported admin expense ratio · 2023
0.89%

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

Hawaiian Bros Inc. reported $18,246 in plan administrative expenses for 2023: 0.89% of average plan assets, higher than ~75% of peers. Employer contributions averaged $323 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 0.84%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Missouri (1,220th of 1,393), and 1,307th of 2,240 in accommodation & food services. In 2023, employees put in $2.13 for every $1.00 the employer contributed; active participation has grown from 662 to 905 since 2022.

Plan summary
Net assets, end of year$2,507,791
Participants with balances102
Active participants905
Employer contributions$292,071
Employee contributions$621,117
Employer contribution per active participant$323
Average account balance$24,586
Benefits paid to participants$266,180
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.3M · 80 accts · $246K emplr
2023$2.5M · 102 accts · $292K emplr
2022$1.6M · 122 accts · $198K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$4,737
Investment management$13,250
Total administrative$18,246
The Hawaiian Bros Inc. 401(k) match · 2023
Employer contribution per active participant$323
Median for plans this size$1,308
2024$465 per active participant
2023$323 per active participant
2022$300 per active participant

Hawaiian Bros Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
CREATIVE PLANNING. · Investment advisory (plan)$13,250
NEWPORT GROUP, INC.$4,737

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$20,108 · 0.84%
2023$18,246 · 0.89%
2022$6,974 · 0.64%
Same employer
Similar plansAccommodation & Food Services · Missouri
Fairwave Holdings LLC MO$2.9M · 1.42%
Lc Corporate, LLC MO$2.7M · 0.02%
Imo's Holding Company MO$2.7M · 0.10%
Noble Hospitality, Inc MO$2.4M · 0.75%
Dunafon Management, Inc. MO$2.2M · 1.12%
Marshalls, Inc. MO$2.2M · 1.58%
Bandanas Missouri, L.L.C. MO$2.2M · 0.84%

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Source: U.S. Department of Labor, Form 5500 series, EIN 871630354 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.