Plan Snapshot
- Plan Sponsor: Hawaii Laborers' Pension Trust Fund
- Sponsor EIN: 996025107
- Sponsor Address: 1440 KAPIOLANI BLVD STE 800, HONOLULU, HI, 968143612
- Plan Type: DB
- Plan Number: 001
- Total Participants: 2,457
- Total Assets: $426.2M
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 | 2,457 | $426.2M | $19.3M | $0 |
| 2023 | 2,381 | $392.4M | $17.2M | $0 |
| 2022 | 2,310 | $346.4M | $16.3M | $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 ADMINSTRATORS INC | Other Service Provider | $1,089,516 | — | $1,089,516 |
| RAYMOND JAMES | Other Service Provider | $267,019 | — | $267,019 |
| CENTRAL PACIFIC BANK | Other Service Provider | $197,356 | — | $197,356 |
| VICTORY CAPITAL MANAGEMENT | Investment Advisor | $161,147 | $7,926 | $169,073 |
| FOCUS INVESTMENT ADVISORS | Other Service Provider | $117,191 | — | $117,191 |
| FIRST HAWAIIAN BANK | Other Service Provider | $106,036 | — | $106,036 |
| HONOLULU ACTUARIAL CONSULTANTS | Other Service Provider | $94,555 | — | $94,555 |
| WASHINGTON CAPITAL MANAGEMENT | Other Service Provider | $81,599 | — | $81,599 |
| YOSHIDA & ASSOCIATES | Other Service Provider | $60,851 | — | $60,851 |
| EIDE BAILLY LLP | Auditor | $58,163 | — | $58,163 |
| WEINBERG, ROGER & ROSENFELD | Other Service Provider | $32,346 | — | $32,346 |
| STEPHEN HORN | Investment Advisor | — | $13,415 | $13,415 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- VICTORY CAPITAL MANAGEMENT — Investment Advisor
- EIDE BAILLY LLP — Auditor
- STEPHEN HORN — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,287,120
- Estimated Expense Ratio: 0.537% 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 | $2,647,174 | $629,956 | $1,089,516 | $58,163 | — |
| 2023 | $2,453,306 | $761,676 | $980,537 | $68,254 | — |
| 2022 | $2,524,787 | $991,816 | $954,493 | — | $245,469 |