Hawaii Retirement Plan Benchmarks

Statewide benchmarks across every Form 5500 filer headquartered in the state. Sourced from 4,275 Form 5500 filings for plan year 2024.

Headline numbers (2024)

Plans: 4,275
Total assets: $33.7B
Total participants: 441,445
Median expense ratio: 0.26%
Median employer contribution per active participant: $3,252
Median account balance: $98,230
3-year asset growth (2022–2024): +5.3%

Expense ratio distribution

25th percentile: 0.07%
Median: 0.26%
75th percentile: 0.62%

Where the fees go (average mix)

Admin / Recordkeeping: 32.6%
Investment Management: 49.1%
Audit: 7.9%
Legal: 1.8%

Employer contribution generosity

Median per active participant: $3,252
Plans with $0 employer match: —

3-year trend

Year	Plans	Assets	Participants	Median fee	Median employer $
2022	4,462	$32.0B	514,677	0.39%	—
2023	4,432	$35.7B	487,614	0.34%	—
2024	4,275	$33.7B	441,445	0.26%	$3,252

Methodology

All metrics are calculated from U.S. Department of Labor Form 5500 annual filings. The slice "Hawaii" is served from the accepted-generation projection 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.