Plan Snapshot
- Plan Sponsor: Board Of Trustees Of The Hotel Industry-Ilwu Pension Plan
- Sponsor EIN: 996027621
- Sponsor Address: 1440 KAPIOLANI BOULEVARD, SUITE 800, HONOLULU, HI, 968143613
- Plan Type: DB
- Total Participants: 6,605
- Total Assets: $319.0M
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 | 6,605 | $319.0M | $9.3M | $0 |
| 2023 | 6,992 | $309.8M | $9.3M | $0 |
| 2022 | 5,828 | $268.5M | $9.2M | $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 |
|---|---|---|---|---|
| PACIFIC ADMINISTRATORS | Other Service Provider | $498,778 | — | $498,778 |
| EARNEST PARTNERS, LLC | Other Service Provider | $327,440 | — | $327,440 |
| VICTORY CAPITAL MANAGEMENT | Investment Advisor | $198,385 | $8,908 | $207,293 |
| FIRST HAWAIIAN BANK | Other Service Provider | $163,238 | — | $163,238 |
| QUEST INVESTMENT MANAGEMENT, INC | Other Service Provider | $143,317 | — | $143,317 |
| YOUSIF CAPITAL MANAGEMENT | Other Service Provider | $136,058 | — | $136,058 |
| RAEL & LETSON | Other Service Provider | $126,955 | — | $126,955 |
| AMERICAN CENTURY INVESTMENTS | Other Service Provider | $84,744 | — | $84,744 |
| HONOLULU ACTUARIAL CONSULTANTS INC | Other Service Provider | $74,031 | — | $74,031 |
| GYL FINANCIAL SYNERGIES | Other Service Provider | $51,500 | $180 | $51,680 |
| SINGERLEWAK, LLP | Auditor | $35,052 | — | $35,052 |
| YEE & KAWASHIMA LLLP | ERISA Attorney | $19,316 | — | $19,316 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- VICTORY CAPITAL MANAGEMENT — Investment Advisor
- 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: $1,867,902
- Estimated Expense Ratio: 0.586% 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 | $2,691,994 | $941,999 | $498,778 | $35,052 | — |
| 2023 | $2,520,158 | $912,169 | $455,812 | $34,031 | — |
| 2022 | $2,553,407 | $947,482 | $440,200 | — | $441,828 |