Plan Ledger DOL Form 5500 · updated monthly

Kohanaiki Service Company LLC401(k)

KOHANAIKI SERVICE COMPANY LLC 401(K) PLAN · KAILUA KONA, HI · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Kohanaiki Service Company LLC reported $16,404 in plan administrative expenses for 2024: 0.39% of average plan assets, below the peer median. Employer contributions averaged $1,897 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 rose from 0.36% to 0.39%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Hawaii (206th of 269), and 4,029th of 5,337 in construction. In 2024, employees put in $2.11 for every $1.00 the employer contributed; active participation has grown from 155 to 194 since 2022.

Plan summary
Net assets, end of year$4,838,947
Participants with balances140
Active participants194
Employer contributions$368,056
Employee contributions$775,287
Employer contribution per active participant$1,897
Average account balance$34,564
Benefits paid to participants$449,584
Plan auditUnmodified (clean) audit opinion
AuditorMC GROUP HAWAII INC
Plan history3
Yearassets · accounts · employer contribution
2024$4.8M · 140 accts · $368K emplr
2023$3.6M · 133 accts · $345K emplr
2022$2.8M · 119 accts · $286K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,883
Total administrative$16,404
The Kohanaiki Service Company LLC 401(k) match · 2024
Employer contribution per active participant$1,897
Median for plans this size$1,313
2024$1,897 per active participant
2023$2,006 per active participant
2022$1,846 per active participant

Kohanaiki Service Company LLC's 2024 employer contribution ran above the $1,313 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,883

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

Administrative cost history3
2024$16,404 · 0.39%
2023$10,681 · 0.33%
2022$10,461 · 0.36%
Similar plansConstruction · Hawaii
American Workboats, Inc. HI$12.4M · 0.65%
Alert Holdings Group, LLC HI$5.0M · 0.04%
Motley-Motley, Inc WA$4.9M · 0.11%
A. J. Johns, Inc. FL$4.9M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320355845 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.