Plan Snapshot
- Plan Sponsor: Hawai'I Pacific Health
- Sponsor EIN: 990246363
- Sponsor Address: 55 MERCHANT STREET, HONOLULU, HI, 96813
- Plan Type: 403(b)
- Total Participants: 7,654
- Total Assets: $1.5B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 7,654 | $1.5B | $26.3M | $61.9M |
| 2023 | 7,386 | $1.3B | $25.0M | $59.1M |
| 2022 | 7,137 | $1.1B | $23.7M | $54.7M |
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 |
|---|---|---|---|---|
| MILLIMAN, INC. | Recordkeeper | $1,048,175 | — | $1,048,175 |
| MOSAIC PACIFICINVESTMENT ADVISOR | Other Service Provider | $353,521 | — | $353,521 |
| MORGAN STANLEY SMITH BARNEY LLC | Recordkeeper | $234,922 | — | $234,922 |
| CHARLES SCHWAB TRUST BANK | Recordkeeper | $86 | $65,923 | $66,009 |
| BRINKER CAPITAL INVESTMENTS LLC | Other Service Provider | $12,299 | — | $12,299 |
| LEE FINANCIAL GROUPHAWAII INC | Other Service Provider | $12,002 | — | $12,002 |
| THE RETIREMENTPLANNING GROUP | Other Service Provider | $8,825 | — | $8,825 |
| LITMAN GREGORY WEALTH MGMT | Other Service Provider | $8,310 | — | $8,310 |
| CHARLES SCHWAB & CO., INC. | Recordkeeper | $5,210 | — | $5,210 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLIMAN, INC. — Recordkeeper
- MORGAN STANLEY SMITH BARNEY LLC — Recordkeeper
- CHARLES SCHWAB TRUST BANK — Recordkeeper
- CHARLES SCHWAB & CO., INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,749,273
- Estimated Expense Ratio: 0.114% 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 | $1,678,762 | $234,972 | — | — | — |
| 2023 | $1,494,214 | $197,411 | — | — | — |
| 2022 | $1,418,343 | $578,626 | — | — | — |