Plan Ledger DOL Form 5500 · updated monthly

Hawaiian Telcom Communications Inc.401(k)

HAWAIIAN TELCOM 401(K) PLAN FOR HOURLY EMPLOYEES · HONOLULU, HI · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Hawaiian Telcom Communications Inc. reported $19,159 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,393 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 0.04% to 0.01%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 28th-largest of 269 plans among Hawaii employers on file, and the 259th of 2,199 in information & media. In 2024, employees put in $1.31 for every $1.00 the employer contributed; active participation has grown from 594 to 772 since 2022.

Plan summary
Net assets, end of year$132,162,410
Participants with balances568
Active participants772
Employer contributions$3,391,683
Employee contributions$4,440,629
Employer contribution per active participant$4,393
Average account balance$232,680
Benefits paid to participants$18,001,039
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$132.2M · 568 accts · $3.4M emplr
2023$124.7M · 600 accts · $3.5M emplr
2022$105.6M · 621 accts · $3.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,159
Total administrative$19,159
The Hawaiian Telcom Communications Inc. 401(k) match · 2024
Employer contribution per active participant$4,393
Median for plans this size$3,635
2024$4,393 per active participant
2023$6,075 per active participant
2022$5,624 per active participant

Hawaiian Telcom Communications Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size. 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$19,159 · 0.01%
2023$30,237 · 0.03%
2022$41,068 · 0.04%
Same employer
Similar plansInformation & Media · Hawaii
Deluxe Media Inc. CA$134.5M · 0.12%
Tfcf America, Inc. NY$134.0M · 0.01%
Flexera Software LLC IL$130.8M · 0.09%
Spok Holdings, Inc. VA$129.5M · 0.02%
Model N, Inc CA$128.3M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161710376 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.