Plan Ledger DOL Form 5500 · updated monthly

The Gas Company, LLC401(k)

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

Reported admin expense ratio · 2024
0.05%

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

The Gas Company, LLC reported $32,565 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,705 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 0.07% to 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other utilities employers. By assets it is the 45th-largest of 269 plans among Hawaii employers on file, and the 165th of 412 in utilities. In 2024, employees put in $3.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$64,762,259
Participants with balances376
Active participants363
Employer contributions$982,019
Employee contributions$3,030,353
Employer contribution per active participant$2,705
Average account balance$172,240
Benefits paid to participants$8,049,763
Plan auditUnmodified (clean) audit opinion
AuditorKMH LLP
Plan history3
Yearassets · accounts · employer contribution
2024$64.8M · 376 accts · $982K emplr
2023$60.9M · 368 accts · $945K emplr
2022$52.9M · 349 accts · $980K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,278
Investment management$16,287
Total administrative$32,565
The The Gas Company, LLC 401(k) match · 2024
Employer contribution per active participant$2,705
Median for plans this size$3,635
2024$2,705 per active participant
2023$2,708 per active participant
2022$2,889 per active participant

The Gas Company, LLC'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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$16,287
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$16,278

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$32,565 · 0.05%
2023$35,732 · 0.06%
2022$41,379 · 0.07%
Same employer
Similar plansUtilities · Hawaii
Joseph Jingoli & Son, Inc. NJ$65.7M · 0.36%
Gas South, LLC GA$65.1M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383679115 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.