Plan Ledger DOL Form 5500 · updated monthly

North Hawaii Community Hospital, Inc.401(k)

NORTH HAWAII COMMUNITY HOSPITAL, INC. 401(K) PLAN · KAMUELA, HI · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

North Hawaii Community Hospital, Inc. reported $87,780 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $1,982 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 0.12% to 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 65th-largest of 269 plans among Hawaii employers on file, and the 2,273rd of 11,911 in health care & social assistance. In 2024, employees put in $3.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$39,073,945
Participants with balances547
Active participants401
Employer contributions$794,916
Employee contributions$2,705,013
Employer contribution per active participant$1,982
Average account balance$71,433
Benefits paid to participants$3,220,530
Plan auditUnmodified (clean) audit opinion
AuditorKKDLY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$39.1M · 547 accts · $795K emplr
2023$33.7M · 553 accts · $812K emplr
2022$27.5M · 538 accts · $633K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,766
Investment management$23,267
Audit (IQPA)$17,173
Total administrative$87,780
The North Hawaii Community Hospital, Inc. 401(k) match · 2024
Employer contribution per active participant$1,982
Median for plans this size$2,416
2024$1,982 per active participant
2023$2,098 per active participant
2022$1,635 per active participant

North Hawaii Community Hospital, Inc.'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 · 20244
CARLSMITH BALL LLP · Consulting$34,974
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$23,267
KKDLY LLC · Accounting / audit$17,173
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$7,766

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$87,780 · 0.24%
2023$58,880 · 0.19%
2022$37,151 · 0.12%
Similar plansHealth Care & Social Assistance · Hawaii
Catholic Charities Hawai'i HI$21.3M · 0.00%
Lili'Uokalani Trust HI$21.1M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 990260423 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.