Plan Ledger DOL Form 5500 · updated monthly

The Maui Medical Group, Inc.401(k)

MAUI MEDICAL GROUP, INC. 401(K) RETIREMENT SAVINGS PLAN · WAILUKU, HI · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

The Maui Medical Group, Inc. reported $68,066 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $2,830 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 0.04% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 52nd-largest of 269 plans among Hawaii employers on file, and the 1,660th of 11,911 in health care & social assistance. In 2024, employees put in $2.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$58,149,007
Participants with balances462
Active participants267
Employer contributions$755,628
Employee contributions$1,763,860
Employer contribution per active participant$2,830
Average account balance$125,864
Benefits paid to participants$3,284,790
Plan auditUnmodified (clean) audit opinion
AuditorCW ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$58.1M · 462 accts · $756K emplr
2023$51.3M · 457 accts · $687K emplr
2022$45.2M · 458 accts · $654K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,567
Investment management$59,499
Total administrative$68,066
The The Maui Medical Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2,830
Median for plans this size$3,635
2024$2,830 per active participant
2023$2,653 per active participant
2022$2,449 per active participant

The Maui Medical Group, Inc.'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
LPL FINANCIAL · Investment advisory (plan)$54,711
SUEMORI & INOUYE, INC · Contract administrator$8,567

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$68,066 · 0.12%
2023$53,440 · 0.11%
2022$21,968 · 0.04%
Same employer
Similar plansHealth Care & Social Assistance · Hawaii
Hawai'i Pacific Health HI$1.5B · 0.12%
Kuakini Health System HI$163.4M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 990176859 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.