Plan Ledger DOL Form 5500 · updated monthly

Hawaiian Dredging Construction Company, Inc.Profit-sharing plan

HAWAIIAN DREDGING CONSTRUCTION COMPANY PROFIT SHARING PLAN · HONOLULU, HI · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Hawaiian Dredging Construction Company, Inc. reported $1,705 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $11,873 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 0.001% to 0.005%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 64th-largest of 269 plans among Hawaii employers on file, and the 1,212th of 5,337 in construction.

Plan summary
Net assets, end of year$41,050,282
Participants with balances371
Active participants290
Employer contributions$3,443,188
Employee contributions$0
Employer contribution per active participant$11,873
Average account balance$110,648
Benefits paid to participants$2,367,902
Plan auditUnmodified (clean) audit opinion
AuditorN&K CPAS, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$41.1M · 371 accts · $3.4M emplr
2023$34.4M · 345 accts · $1.6M emplr
2022$29.4M · 341 accts · $3.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$425
Investment management$1,280
Total administrative$1,705
Employer contributions to the Hawaiian Dredging Construction Company, Inc. plan · 2024
Employer contribution per active participant$11,873
Median for plans this size$2,416
2024$11,873 per active participant
2023$5,052 per active participant
2022$10,463 per active participant

Hawaiian Dredging Construction Company, Inc.'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 · 20241

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$1,705 · 0.00%
2023$876 · 0.00%
2022$350 · 0.00%
Same employer
Similar plansConstruction · Hawaii
Nan, Inc. HI$45.0M · 0.29%
Alexander & Baldwin, Inc. HI$28.3M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 990298759 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.