Plan Ledger DOL Form 5500 · updated monthly

Hbm Acquisitions, LLC dba Hawaiian Building Maintenance401(k)

HAWAIIAN BUILDING MAINTENANCE 401(K) PLAN · HONOLULU, HI · plan year 2023

Reported admin expense ratio · 2023
0.83%

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

Hbm Acquisitions, LLC dba Hawaiian Building Maintenance reported $39,832 in plan administrative expenses for 2023: 0.83% of average plan assets, higher than ~75% of peers. Employer contributions averaged $248 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 has held roughly steady near 0.83%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Hawaii (200th of 269), and 1,422nd of 2,534 in administrative & support services. In 2023, employees put in $2.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,148,271
Participants with balances196
Active participants550
Employer contributions$136,263
Employee contributions$399,798
Employer contribution per active participant$248
Average account balance$26,267
Benefits paid to participants$581,898
Plan auditUnmodified (clean) audit opinion
AuditorCW ASSOCIATES, CPAS
Plan history2
Yearassets · accounts · employer contribution
2023$5.1M · 196 accts · $136K emplr
2022$4.5M · 205 accts · $159K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$39,832
Total administrative$39,832
The Hbm Acquisitions, LLC dba Hawaiian Building Maintenance 401(k) match · 2023
Employer contribution per active participant$248
Median for plans this size$1,308
2023$248 per active participant
2022$275 per active participant

Hbm Acquisitions, LLC dba Hawaiian Building Maintenance'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 · 20231
EQUITABLE LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$39,832

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

Administrative cost history2
2023$39,832 · 0.83%
2022$38,906 · 0.81%
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%
Massgenics, Inc. GA$5.2M · 0.67%
Premier Resources, LLC MI$5.2M · 0.70%
Maviro, Inc. TX$5.2M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204987841 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.