Hawaii Retirement Plan Benchmarks

Statewide benchmarks across every Form 5500 filer headquartered in the state. Sourced from 4,319 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 4,319
Total assets: $35.5B
Total participants: 57,988
Median expense ratio: 0.52%
Median employer contribution per active participant: $3,143
Median account balance: $84,743
3-year asset growth (2022–2024): +49.4%

Expense ratio distribution

25th percentile: 0.15%
Median: 0.52%
75th percentile: 2.26%

Where the fees go (average mix)

Admin / Recordkeeping: 19.6%
Investment Management: 17.9%
Audit: 1.7%
Legal: 0.5%

Employer contribution generosity

Median per active participant: $3,143
Plans with $0 employer match: 1,009 (23.4%)

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	3,783	$23.8B	48,132	0.55%	$3,421
2023	4,239	$32.8B	56,774	0.59%	$3,299
2024	4,319	$35.5B	57,988	0.52%	$3,143

Methodology

All metrics are calculated from U.S. Department of Labor Form 5500 annual filings. The slice "Hawaii" includes 4,319 plans for plan year 2024. Medians use percentile_cont over reported values; zero/null values are excluded from rate-style metrics.

Citation: PlanProvider.Pro, Form 5500 Benchmarks 2024. Free for editorial use with attribution + link to https://planprovider.pro/benchmarks/state/hawaii.