Plan Ledger DOL Form 5500 · updated monthly

Proservice Pacific, LLC dba Proservice Hawaii401(k)

PROSERVICE HAWAII 401(K) PLAN · HONOLULU, HI · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Proservice Pacific, LLC dba Proservice Hawaii reported $1,945,879 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,177 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 3 years on file its reported administrative ratio has held roughly steady near 0.54%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other administrative & support services employers. By assets it is the 11th-largest of 269 plans among Hawaii employers on file, and the 57th of 2,534 in administrative & support services. In 2024, employees put in $2.33 for every $1.00 the employer contributed; active participation has grown from 10,916 to 13,591 since 2022.

Plan summary
Net assets, end of year$412,552,633
Participants with balances12,148
Active participants13,591
Employer contributions$15,991,996
Employee contributions$37,325,935
Employer contribution per active participant$1,177
Average account balance$33,961
Benefits paid to participants$31,711,617
Plan auditUnmodified (clean) audit opinion
AuditorVERITY ACCOUNTANCY CORPORATION
Plan history3
Yearassets · accounts · employer contribution
2024$412.6M · 12,148 accts · $16.0M emplr
2023$303.8M · 9,731 accts · $10.5M emplr
2022$232.5M · 8,642 accts · $11.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,287,172
Investment management$232,166
Audit (IQPA)$7,167
Trustee / custodial$419,374
Total administrative$1,945,879
The Proservice Pacific, LLC dba Proservice Hawaii 401(k) match · 2024
Employer contribution per active participant$1,177
Median for plans this size$4,294
2024$1,177 per active participant
2023$871 per active participant
2022$1,065 per active participant

Proservice Pacific, LLC dba Proservice Hawaii's 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom quarter of its peers. 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 LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$1,287,172
PROSERVICE HAWAII · Trustee$419,374
HICKS PENSION SERVICES · Pension consulting$160,097
MESIROW FINANCIAL, INC. · Investment advisory (plan)$72,070

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

Recordkeeper by year2
2024ADP, Transamerica
2023Transamerica

This plan has changed recordkeepers within these filings. If you left Proservice Pacific, LLC dba Proservice Hawaii before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$1,945,879 · 0.54%
2023$1,508,834 · 0.56%
2022$1,326,034 · 0.56%
All plans at this employer2
INSTITUTE FOR HUMAN SERVICES INC 401K PLAN401(k)
PROSERVICE HAWAII 401(K) PLAN401(k)
Same employer
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Questco Holdings, Inc. TX$441.6M · 0.72%
Stericycle, Inc. IL$417.5M · 0.20%
Amn Healthcare, Inc. CA$417.0M · 0.22%
Everon FL$398.0M · 0.01%
Cwt US, LLC MN$391.2M · 0.06%
Fac Services, LLC WI$383.7M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611582293 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.