Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Ilwu Local 142 General Health & Welfare
- Sponsor EIN: 270456048
- Sponsor Address: 1440 KAPIOLANI BLVD SUITE 800, HONOLULU, HI, 96814
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 609
- Total Assets: $15.5M
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 | 609 | $15.5M | $8.1M | $3,818 |
| 2023 | 564 | $14.0M | $7.5M | $35,027 |
| 2022 | 579 | $9.4M | $8.2M | $35,693 |
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 |
|---|---|---|---|---|
| BENEFIT PLAN SOLUTIONS, INC. | Other Service Provider | $79,439 | — | $79,439 |
| PACIFIC ADMINISTRATORS, INC. | Other Service Provider | $78,477 | — | $78,477 |
| SINGERLEWAK, LLP | Auditor | $26,963 | — | $26,963 |
| HUDSON EDGE INVESTMENT PARTNERS INC | Other Service Provider | $21,765 | — | $21,765 |
| HAWAII DENTAL SERVICE | Other Service Provider | $16,676 | — | $16,676 |
| EXPRESS SCRIPTS | Other Service Provider | $15,754 | — | $15,754 |
| CHIROPLAN HAWAII, INC. | Other Service Provider | $12,898 | — | $12,898 |
| FIRST HAWAIIAN BANK | Other Service Provider | $9,891 | $834 | $10,725 |
| YEE & KAWASHIMA, LLLP | ERISA Attorney | $10,085 | — | $10,085 |
| WELLS FARGO ADVISORS | Other Service Provider | $7,292 | — | $7,292 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SINGERLEWAK, LLP — Auditor
- YEE & KAWASHIMA, LLLP — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $280,074
- Estimated Expense Ratio: 1.806% 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 | $309,961 | $38,948 | $78,477 | $26,963 | — |
| 2023 | $265,216 | $31,028 | $71,568 | $26,178 | — |
| 2022 | $258,019 | $31,288 | $76,909 | — | $108,258 |