Plan Ledger DOL Form 5500 · updated monthly

Hbc Management Company, Inc.401(k)

THE HANA GROUP II, INC. RETIREMENT PLAN · HONOLULU, HI · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

Hbc Management Company, Inc. reported $111,150 in plan administrative expenses for 2024: 0.72% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,288 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 0.94% to 0.72%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 117th-largest of 269 plans among Hawaii employers on file, and the 703rd of 2,534 in administrative & support services. In 2024, the employer put in $1.15 for every $1.00 employees contributed themselves; active participation has grown from 903 to 1,169 since 2022.

Plan summary
Net assets, end of year$17,063,777
Participants with balances775
Active participants1,169
Employer contributions$1,505,270
Employee contributions$1,313,136
Employer contribution per active participant$1,288
Average account balance$22,018
Benefits paid to participants$1,340,875
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.1M · 775 accts · $1.5M emplr
2023$14.0M · 735 accts · $1.4M emplr
2022$11.8M · 726 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,339
Investment management$51,811
Total administrative$111,150
The Hbc Management Company, Inc. 401(k) match · 2024
Employer contribution per active participant$1,288
Median for plans this size$2,416
2024$1,288 per active participant
2023$1,421 per active participant
2022$1,720 per active participant

Hbc Management Company, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
NEWPORT GROUP, INC. · Contract administrator · Recordkeeping$59,340
TRINITY RETIREMENT PLANNING · Investment advisory (plan)$51,811

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$111,150 · 0.72%
2023$115,275 · 0.89%
2022$120,085 · 0.94%
Same employer
Similar plansAdministrative & Support Services · Hawaii
Oahu Waste Services, Inc HI$17.9M · 0.24%
Gsi Service Group Inc. HI$7.4M · 0.30%
The Hawaii Group, Inc. HI$2.9M · 1.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510548541 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.