Plan Snapshot
- Plan Sponsor: Board Of Trustees Of The Hawaii Masons & Plasterers Annuity Trust Fund
- Sponsor EIN: 996024001
- Sponsor Address: 560 NORTH NIMITZ HIGHWAY, SUITE 209, HONOLULU, HI, 968175330
- Plan Type: DC
- Plan Number: 001
- Total Participants: 1,088
- Total Assets: $126.9M
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 | 1,088 | $126.9M | $7.4M | $0 |
| 2023 | 1,143 | $116.8M | $7.2M | $0 |
| 2022 | 1,254 | $103.8M | $7.5M | $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 |
|---|---|---|---|---|
| BENEFIT RISK MANAGEMENT SERVICES | Other Service Provider | $197,501 | — | $197,501 |
| SSI INVESTMENT MANAGEMENT | Other Service Provider | $165,000 | — | $165,000 |
| RAYMOND JAMES & ASSOCIATES | Recordkeeper | $118,546 | — | $118,546 |
| SINGERLEWAK LLP | Auditor | $107,523 | — | $107,523 |
| SIERRA INVESTMENT PARTNERS, INC. | Other Service Provider | $98,616 | — | $98,616 |
| OLD GLORY ASSET MANAGEMENT LLC | Other Service Provider | $73,664 | — | $73,664 |
| FIRST HAWAIIAN BANK | Other Service Provider | $68,187 | — | $68,187 |
| YOSHIDA & ASSOCIATES | Other Service Provider | $60,381 | — | $60,381 |
| FENIMORE ASSET MANAGEMENT | Other Service Provider | $53,668 | — | $53,668 |
| BARROW HANLEY GLOBAL INVESTORS | Other Service Provider | $41,920 | — | $41,920 |
| HONOLULU ACTUARIAL CONSULTANTS | Other Service Provider | $35,079 | — | $35,079 |
| OAKHURST CAPITAL MANAGEMENT LLC | Other Service Provider | $29,313 | — | $29,313 |
| PACIFIC INCOME ADVISORS | Other Service Provider | $23,644 | — | $23,644 |
| THREE PEAKS CAPITAL MANAGEMENT | Other Service Provider | $22,802 | — | $22,802 |
| FOCUS INVESTMENT ADVISORS, INC. | Other Service Provider | $14,189 | — | $14,189 |
| WASHINGTON CAPITAL MANAGEMENT | Other Service Provider | $13,402 | — | $13,402 |
| BANK OF HAWAII | Other Service Provider | $7,413 | — | $7,413 |
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: $1,130,848
- Estimated Expense Ratio: 0.891% 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 | $1,218,434 | $689,074 | — | $107,523 | — |
| 2023 | $1,224,898 | $802,998 | — | $41,277 | — |
| 2022 | $1,165,182 | $642,576 | — | — | $219,834 |