Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Hawaii Tapers Health And Welfare Plan
- Sponsor EIN: 990213908
- Sponsor Address: 560 N NIMITZ HWY, SUITE 209, HONOLULU, HI, 96817
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 324
- Total Assets: $16.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 324 | $16.0M | $4.8M | $41,330 |
| 2023 | 295 | $13.6M | $4.5M | $53,670 |
| 2022 | 272 | $12.3M | $4.4M | $56,251 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| GROUP PLAN ADMINISTRATORS | Other Service Provider | $59,560 | — | $59,560 |
| BENEFIT RISK MANAGEMENT SERVICES | Other Service Provider | $20,805 | — | $20,805 |
| SINGERLEWAK LLP | Auditor | $20,368 | — | $20,368 |
| THE SEGAL COMPANY | Recordkeeper | $18,562 | — | $18,562 |
| FIRST HAWAIIAN BANK | Other Service Provider | $8,928 | $755 | $9,683 |
| SEGAL MARCO ADVISORS | Other Service Provider | $7,219 | — | $7,219 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SINGERLEWAK LLP — Auditor
- THE SEGAL COMPANY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $136,197
- Estimated Expense Ratio: 0.851% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $154,185 | $15,350 | $64,495 | $20,368 | — |
| 2023 | $140,047 | $24,948 | $58,253 | $19,214 | — |
| 2022 | $145,431 | $15,859 | $58,253 | — | $59,502 |