Plan Snapshot
- Plan Sponsor: Hale Makua Health Services
- Sponsor EIN: 990080460
- Sponsor Address: 472 KAULANA ST, KAHULUI, HI, 96732
- Plan Type: 401(k)
- Total Participants: 426
- Total Assets: $16.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 426 | $16.9M | $336,102 | $958,384 |
| 2023 | 404 | $15.1M | $300,388 | $864,803 |
| 2022 | 422 | $13.2M | $282,665 | $842,950 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSUR CO | Recordkeeper | $42,260 | — | $42,260 |
| SUEMORI & INOUYE, INC. | Recordkeeper | $26,379 | — | $26,379 |
| LPL FINANCIAL | Investment Advisor | $26,302 | — | $26,302 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $94,941
- Estimated Expense Ratio: 0.561% 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 | $113,516 | — | $21,588 | — | — |
| 2023 | $84,840 | $22,458 | $8,502 | — | — |
| 2022 | $90,821 | — | — | — | $90,821 |