Plan Ledger DOL Form 5500 · updated monthly

Kalihi-Palama Health Center401(k)

KALIHI-PALAMA HEALTH CENTER 401(K) RETIREMENT SAVINGS PLAN (002) · HONOLULU, HI · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Kalihi-Palama Health Center reported $33,984 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $2,142 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 0.37% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Hawaii (144th of 269), and the 4,942nd of 11,911 in health care & social assistance. In 2024, employees put in $2.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,855,910
Participants with balances267
Active participants215
Employer contributions$460,498
Employee contributions$1,041,123
Employer contribution per active participant$2,142
Average account balance$48,149
Benefits paid to participants$606,638
Plan auditUnmodified (clean) audit opinion
AuditorCW ASSOCIATES, CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$12.9M · 267 accts · $460K emplr
2023$10.7M · 257 accts · $430K emplr
2022$8.6M · 262 accts · $414K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,350
Total administrative$33,984
The Kalihi-Palama Health Center 401(k) match · 2024
Employer contribution per active participant$2,142
Median for plans this size$2,416
2024$2,142 per active participant
2023$2,206 per active participant
2022$2,079 per active participant

Kalihi-Palama Health Center's 2024 employer contribution ran below the $2,416 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 · 20242
PROFESSIONAL CAPITAL SERVICES, LLC · Contract administrator · Recordkeeping$28,434
SUEMORI & INOUYE, INC. · Loan processing$5,550

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

Recordkeeper by year2
2024PROFESSIONAL CAPITAL SERVICES, LLC
2023PROFESSIONAL CAPITAL SERVICES, LLC

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

Administrative cost history3
2024$33,984 · 0.29%
2023$35,956 · 0.37%
2022$33,306 · 0.37%
Similar plansHealth Care & Social Assistance · Hawaii
Hawaii Dental Group, Inc. HI$15.6M · 0.04%
Waikiki Health HI$12.8M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 990161221 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.