Plan Ledger DOL Form 5500 · updated monthly

Lanakila Pacific401(k)

LANAKILA PACIFIC 401(K) RETIREMENT PLAN · HONOLULU, HI · plan year 2023

Reported admin expense ratio · 2023
0.04%

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

Lanakila Pacific reported $1,847 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $997 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 1 year on file its reported administrative ratio rose from 0.042% to 0.045%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Hawaii (211th of 269), and 8,339th of 11,911 in health care & social assistance. In 2023, employees put in $2.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,302,470
Participants with balances157
Active participants136
Employer contributions$135,629
Employee contributions$374,284
Employer contribution per active participant$997
Average account balance$27,404
Benefits paid to participants$736,812
Plan auditUnmodified (clean) audit opinion
AuditorCW ASSOCIATES, CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$4.3M · 157 accts · $136K emplr
2022$4.0M · 175 accts · $136K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,847
Total administrative$1,847
The Lanakila Pacific 401(k) match · 2023
Employer contribution per active participant$997
Median for plans this size$1,308
2023$997 per active participant
2022$933 per active participant

Lanakila Pacific's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
SUEMORI & INOUYE INC · Contract administrator$812
MORGAN STANLEY SMITH BARNEY LLCindirect comp

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

Administrative cost history3
2024Not separately reported
2023$1,847 · 0.04%
2022$1,613 · 0.04%
Same employer
Similar plansHealth Care & Social Assistance · Hawaii
Hale Kipa Inc. HI$5.2M · 0.34%
Aloha House Inc. HI$5.1M · 0.01%
Alii Health Center HI$4.3M · 0.09%
Blood Bank of Hawaii HI$4.1M · 0.44%
Care Hawaii, Inc. HI$3.4M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 990103922 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.