Plan Ledger DOL Form 5500 · updated monthly

Watabe Wedding Corporation401(k)

WATABE WEDDING 401(K) PLAN · HONOLULU, HI · plan year 2022

Reported admin expense ratio · 2022
1.01%

Watabe Wedding Corporation reported $38,762 in plan administrative expenses for 2022: 1.01% of average plan assets, higher than ~75% of peers. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Hawaii (222nd of 269), and 2,592nd of 3,341 in other services.

Plan summary
Net assets, end of year$3,364,271
Participants with balances70
Active participants99
Employer contributions—
Employee contributions$201,867
Employer contribution per active participant—
Average account balance$48,061
Benefits paid to participants$548,327
Plan auditUnmodified (clean) audit opinion
AuditorREIWA ACCOUNTING LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$34,839
Investment management$3,923
Total administrative$38,762
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$38,762 · 1.01%
Similar plansOther Services · Hawaii
Hawaii Community Foundation HI$14.3M · 0.44%
Marisco, LTD. HI$8.9M · 0.15%
Bacon Universal Co., Inc. HI$3.3M · 0.47%
The Arc of Maui HI$2.3M · 0.02%
Helping Hands Hawaii HI$2.3M · 0.01%
Hawaii Care & Cleaning HI$1.8M · 0.91%

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Source: U.S. Department of Labor, Form 5500 series, EIN 990154167 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.