Plan Ledger DOL Form 5500 · updated monthly

Kona Brewery LLC401(k)

KONA BREWING COMPANY 401(K) PLAN · KAILUA KONA, HI · plan year 2024

Reported admin expense ratio · 2024
1.37%

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

Kona Brewery LLC reported $40,717 in plan administrative expenses for 2024: 1.37% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,118 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 1.50% to 1.37%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Hawaii (223rd of 269), and 1,135th of 2,240 in accommodation & food services. In 2024, employees put in $1.71 for every $1.00 the employer contributed; active participation has grown from 163 to 207 since 2022.

Plan summary
Net assets, end of year$3,361,048
Participants with balances213
Active participants207
Employer contributions$231,453
Employee contributions$394,813
Employer contribution per active participant$1,118
Average account balance$15,780
Benefits paid to participants$412,960
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$3.4M · 213 accts · $231K emplr
2023$2.6M · 195 accts · $215K emplr
2022$1.8M · 211 accts · $131K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,947
Investment management$18,770
Total administrative$40,717
The Kona Brewery LLC 401(k) match · 2024
Employer contribution per active participant$1,118
Median for plans this size$1,313
2024$1,118 per active participant
2023$1,050 per active participant
2022$804 per active participant

Kona Brewery LLC's 2024 employer contribution ran below 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 · 20242
NEWPORT GROUP, INC. · Loan processing · Recordkeeping$21,947
KESTRA ADVISORY SERVICES. · Investment advisory (plan)$14,603

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$40,717 · 1.37%
2023$34,503 · 1.58%
2022$26,461 · 1.50%
Same employer
Similar plansAccommodation & Food Services · Hawaii
Fearless, Inc. HI$7.5M · 0.03%
Pbhk, Inc. HI$7.1M · 0.53%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 270051257 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.