Plan Ledger DOL Form 5500 · updated monthly

Irongate Waikiki LLC401(k)

IRONGATE WAIKIKI LLC 401(K) PLAN · HONOLULU, HI · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Irongate Waikiki LLC reported $6,124 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,255 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 1 year on file its reported administrative ratio fell from 0.05% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 132nd-largest of 269 plans among Hawaii employers on file, and the 408th of 2,240 in accommodation & food services. In 2024, employees put in $3.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,868,018
Participants with balances230
Active participants234
Employer contributions$293,562
Employee contributions$997,868
Employer contribution per active participant$1,255
Average account balance$64,644
Benefits paid to participants$1,414,476
Plan auditUnmodified (clean) audit opinion
AuditorVERITY CPAS
Plan history2
Yearassets · accounts · employer contribution
2024$14.9M · 230 accts · $294K emplr
2023$12.8M · 239 accts · $290K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,124
Total administrative$6,124
The Irongate Waikiki LLC 401(k) match · 2024
Employer contribution per active participant$1,255
Median for plans this size$2,416
2024$1,255 per active participant
2023$1,133 per active participant

Irongate Waikiki LLC'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
ADP, INC. · Loan processing · Recordkeeping$6,124
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history2
2024$6,124 · 0.04%
2023$5,551 · 0.05%
Same employer
Similar plansAccommodation & Food Services · Hawaii
Prince Resorts Hawaii, Inc. HI$64.0M · 0.16%
Fch Enterprises, Inc. HI$44.6M · 0.34%
Kawailoa Development LLP HI$30.6M · 0.04%
Taco Aloha, Inc. HI$14.4M · 0.25%
Hoaloha NA Eha. LTD. HI$12.8M · 0.32%
Trump International Waikiki HI$12.8M · 0.05%
DHL Mahi Staffing, LLC HI$12.3M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 934923055 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.