Plan Ledger DOL Form 5500 · updated monthly

Hawaiiusa Federal Credit UnionProfit-sharing plan

HAWAIIUSA FCU RETIREMENT PLAN · HONOLULU, HI · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Hawaiiusa Federal Credit Union reported $6,980 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,372 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 0.009% to 0.012%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 50th-largest of 269 plans among Hawaii employers on file, and the 1,418th of 4,798 in finance & insurance. In 2024, employees put in $2.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$62,475,119
Participants with balances553
Active participants368
Employer contributions$872,927
Employee contributions$2,540,510
Employer contribution per active participant$2,372
Average account balance$112,975
Benefits paid to participants$5,245,138
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$62.5M · 553 accts · $873K emplr
2023$55.6M · 564 accts · $618K emplr
2022$47.6M · 556 accts · $786K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,980
Total administrative$6,980
Employer contributions to the Hawaiiusa Federal Credit Union plan · 2024
Employer contribution per active participant$2,372
Median for plans this size$3,635
2024$2,372 per active participant
2023$1,553 per active participant
2022$2,036 per active participant

Hawaiiusa Federal Credit Union's 2024 employer contribution ran below 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
T ROWE PRICE RPS INC · Recordkeeping · Trustee$6,980

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$6,980 · 0.01%
2023$6,297 · 0.01%
2022$4,569 · 0.01%
Same employer
Similar plansFinance & Insurance · Hawaii
Tradewind Group, Inc. HI$125.7M · 0.11%
Territorial Savings Bank HI$42.9M · 0.03%
Finance Factors, LTD. HI$37.8M · 0.16%
Aloha Care HI$33.2M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 990073436 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.