Plan Ledger DOL Form 5500 · updated monthly

Kuakini Health System403(b)

KUAKINI HEALTH SYSTEM 403(B) MATCHING TAX-SHELTERED ANNUITY PLAN · HONOLULU, HI · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Kuakini Health System reported $162,560 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $2,420 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 0.11% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 23rd-largest of 269 plans among Hawaii employers on file, and the 745th of 11,911 in health care & social assistance. In 2024, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$163,371,737
Participants with balances1,337
Active participants957
Employer contributions$2,315,820
Employee contributions$4,599,934
Employer contribution per active participant$2,420
Average account balance$122,193
Benefits paid to participants$13,895,154
Plan auditDisclaimer of opinion
AuditorKKDLY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$163.4M · 1,337 accts · $2.3M emplr
2023$149.1M · 1,357 accts · $2.3M emplr
2022$131.6M · 1,368 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$85,576
Investment management$56,400
Audit (IQPA)$19,110
Total administrative$162,560
Employer contributions to the Kuakini Health System plan · 2024
Employer contribution per active participant$2,420
Median for plans this size$3,635
2024$2,420 per active participant
2023$2,612 per active participant
2022$2,574 per active participant

Kuakini Health System's 2024 employer contribution ran below the $3,635 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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$85,576
LPL FINANCIAL RETIREMENT PARTNERS · Consulting$56,400
KKDLY LLC · Accounting / audit$19,110
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect 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
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$162,560 · 0.10%
2023$127,085 · 0.09%
2022$159,398 · 0.11%
Same employer
Similar plansHealth Care & Social Assistance · Hawaii
Hawai'i Pacific Health HI$1.5B · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 990225140 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.