Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Masons Pension Trust Fund
- Sponsor EIN: 996012128
- Sponsor Address: 560 NORTH NIMITZ HIGHWAY, SUITE 209, HONOLULU, HI, 968175330
- Plan Type: DB
- Plan Number: 001
- Total Participants: 1,248
- Total Assets: $284.2M
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 | 1,248 | $284.2M | $9.2M | $0 |
| 2023 | 1,298 | $258.8M | $8.9M | $0 |
| 2022 | 1,349 | $217.7M | $8.7M | $0 |
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 |
|---|---|---|---|---|
| OLD GLORY ASSET MANAGEMENT LLC | Other Service Provider | $534,811 | — | $534,811 |
| BENEFIT RISK MANAGEMENT SERVICES | Other Service Provider | $318,287 | — | $318,287 |
| RAYMOND JAMES & ASSOCIATES | Recordkeeper | $205,486 | — | $205,486 |
| SIERRA INVESTMENT PARTNERS, INC | Other Service Provider | $148,374 | — | $148,374 |
| SINGERLEWAK LLP | Auditor | $140,658 | — | $140,658 |
| SSI INVESTMENT MANAGEMENT | Other Service Provider | $136,425 | — | $136,425 |
| FIRST HAWAIIAN BANK | Other Service Provider | $129,461 | — | $129,461 |
| HONOLULU ACTUARIAL CONSULTANTS, INC | Other Service Provider | $124,654 | — | $124,654 |
| FENIMORE ASSET MANAGEMENT | Other Service Provider | $98,813 | — | $98,813 |
| YOSHIDA & ASSOCIATES | Other Service Provider | $79,486 | — | $79,486 |
| BANK OF HAWAII | Other Service Provider | $58,497 | — | $58,497 |
| BARROW HANLEY MEWHINNEY & STRAUSS | Other Service Provider | $45,752 | — | $45,752 |
| WASHINGTON CAPITAL MANAGEMENT | Other Service Provider | $22,855 | — | $22,855 |
| OAKHURST CAPITAL MANAGEMENT LLC | Other Service Provider | $20,049 | — | $20,049 |
| PACIFIC INCOME ADVISORS | Other Service Provider | $10,879 | — | $10,879 |
| FIRST HAWAIIAN BANK | Other Service Provider | $10,799 | — | $10,799 |
| FOCUS INVESTMENT ADVISORS, INC. | Other Service Provider | $10,629 | — | $10,629 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RAYMOND JAMES & ASSOCIATES — Recordkeeper
- SINGERLEWAK LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,095,915
- Estimated Expense Ratio: 0.738% 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 | $2,280,594 | $1,305,245 | — | $140,658 | — |
| 2023 | $2,790,304 | $1,961,739 | — | $86,429 | — |
| 2022 | $2,438,690 | $1,491,463 | — | — | $425,159 |