Plan Snapshot
- Plan Sponsor: Hawaii Insulators Health & Welfare Trust Fund
- Sponsor EIN: 996017123
- Sponsor Address: 1440 KAPIOLANI BLVD., SUITE 800, HONOLULU, HI, 96814
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 107
- Total Assets: $5.7M
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 | 107 | $5.7M | $1.3M | $2,262 |
| 2023 | 97 | $5.5M | $1.3M | $14,142 |
| 2022 | 107 | $5.6M | $1.4M | $15,309 |
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, INC. | Other Service Provider | $74,907 | — | $74,907 |
| HOGAN CONSULTING GROUP, LLC | Other Service Provider | $44,681 | — | $44,681 |
| SINGERLEWAK, LLP | Auditor | $26,178 | — | $26,178 |
| FIRST HAWAIIAN BANK | Other Service Provider | $19,038 | $407 | $19,445 |
| YEE & KAWASHIMA LLLP | ERISA Attorney | $7,363 | — | $7,363 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- 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: $172,574
- Estimated Expense Ratio: 3.012% 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 | $184,811 | $19,538 | $76,146 | $26,178 | — |
| 2023 | $193,950 | $19,523 | $71,354 | $26,178 | — |
| 2022 | $195,795 | $18,216 | $69,688 | — | $86,939 |