Plan Snapshot
- Plan Sponsor: Bot Roofers Union Local 221 Annuity Plan
- Sponsor EIN: 990174607
- Sponsor Address: 200 N. VINEYARD BLVD., SUITE 100, HONOLULU, HI, 968173938
- Plan Type: DC
- Total Participants: 189
- Total Assets: $19.4M
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 | 189 | $19.4M | $1.0M | $0 |
| 2023 | 188 | $17.3M | $938,267 | $0 |
| 2022 | 189 | $16.2M | $1.0M | $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 |
|---|---|---|---|---|
| HAWAII BENEFIT ADMINISTRATORS INC. | Other Service Provider | $52,277 | — | $52,277 |
| FIRST HAWAIIAN BANK | Other Service Provider | $37,489 | — | $37,489 |
| C. M. BIDWELL & ASSOCIATES | Other Service Provider | $25,257 | $230 | $25,487 |
| JAMES P HASSELMAN CPA LLC | Other Service Provider | $17,141 | — | $17,141 |
| HONOLULU ACTUARIAL CONSULTANTS | Other Service Provider | $14,293 | — | $14,293 |
| RAYMOND JAMES & ASSOCIATES | Other Service Provider | $12,500 | — | $12,500 |
| STEPHEN HORN INSURANCE SVC | Other Service Provider | $7,955 | — | $7,955 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $167,142
- Estimated Expense Ratio: 0.862% 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 | $176,893 | $75,246 | $52,277 | $17,141 | — |
| 2023 | $171,988 | $72,596 | $50,124 | $16,806 | — |
| 2022 | $167,501 | $69,758 | $49,141 | — | $36,018 |