Plan Ledger DOL Form 5500 · updated monthly

Kcphi Services, LLC dba Makai HR401(k)

MAKAI HR RETIREMENT PLAN · HONOLULU, HI · plan year 2022

Reported admin expense ratio · 2022
0.62%

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

Kcphi Services, LLC dba Makai HR reported $79,511 in plan administrative expenses for 2022: 0.62% of average plan assets, higher than ~90% of peers. Employer contributions averaged $975 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Hawaii (162nd of 269), and 7,925th of 11,654 in professional & technical services. In 2022, employees put in $2.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,245,300
Participants with balances330
Active participants558
Employer contributions$544,320
Employee contributions$1,587,309
Employer contribution per active participant$975
Average account balance$31,046
Benefits paid to participants$2,037,826
Plan auditDisclaimer of opinion
AuditorVERITY ACCOUNTANCY CORPORATION
Administrative expenses, itemized · 2022
Investment management$45,841
Total administrative$79,511
The Kcphi Services, LLC dba Makai HR 401(k) match · 2022
Employer contribution per active participant$975
Median for plans this size$2,266

Kcphi Services, LLC dba Makai HR's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$79,511 · 0.62%
Similar plansProfessional & Technical Services · Hawaii
Architects Hawaii, LTD. HI$23.2M · 0.32%
Kmh LLP HI$22.0M · 0.22%
R. M. Towill Corporation HI$21.8M · 0.01%
Pacmar Technologies LLC HI$6.4M · 0.36%
Pacblu HI$6.3M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823809240 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.