Plan Ledger DOL Form 5500 · updated monthly

Maui Divers of Hawaii, LTD.401(k)

401(K) RETIREMENT SAVINGS PLAN OF MAUI DIVERS OF HAWAII, LTD. · HONOLULU, HI · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Maui Divers of Hawaii, LTD. reported $2,684 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,701 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 0.04% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 131st-largest of 269 plans among Hawaii employers on file, and the 1,916th of 5,215 in retail trade. In 2024, employees put in $2.52 for every $1.00 the employer contributed; active participation has shrunk from 187 to 158 since 2022.

Plan summary
Net assets, end of year$14,892,280
Participants with balances236
Active participants158
Employer contributions$268,718
Employee contributions$677,182
Employer contribution per active participant$1,701
Average account balance$63,103
Benefits paid to participants$1,950,444
Plan auditUnmodified (clean) audit opinion
AuditorCW ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$14.9M · 236 accts · $269K emplr
2023$14.6M · 236 accts · $250K emplr
2022$13.4M · 247 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,684
Total administrative$2,684
The Maui Divers of Hawaii, LTD. 401(k) match · 2024
Employer contribution per active participant$1,701
Median for plans this size$2,416
2024$1,701 per active participant
2023$1,702 per active participant

Maui Divers of Hawaii, LTD.'s 2024 employer contribution ran below the $2,416 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

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$2,684 · 0.02%
2023$2,650 · 0.02%
2022$5,315 · 0.04%
All plans at this employer2
401(K) RETIREMENT SAVINGS PLAN OF MAUI DIVERS OF HAWAII, LTD.401(k)
MAUI DIVERS OF HAWAII, LTD. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansRetail Trade · Hawaii
Cutter Management Co. HI$20.2M · 0.65%
Mjc, Inc. HI$19.3M · 0.31%
Jn Group, Inc. HI$16.3M · 0.66%
Marukai Corporation HI$16.0M · 1.31%
City Mill Company, Limited HI$13.7M · 0.69%
The Carpet Shoppe, Inc. HI$9.6M · 0.35%
Pflueger, Inc. HI$8.3M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 990198534 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.