Plan Snapshot
- Plan Sponsor: Hawaii National Bank
- Sponsor EIN: 990104713
- Sponsor Address: P. O. BOX 3740, HONOLULU, HI, 968123740
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 194
- Total Assets: $26.6M
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. |
|---|---|---|---|---|
| 2025 | 194 | $26.6M | $0 | $0 |
| 2024 | 154 | $22.9M | $370,331 | $1.0M |
| 2023 | 145 | $21.7M | $352,506 | $930,535 |
| 2022 | 138 | $19.1M | $337,157 | $857,455 |
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 |
|---|---|---|---|---|
| LPL FINANCIAL LLC | Investment Advisor | $28,128 | — | $28,128 |
| FIDELITY INVESTMTS INST OPER CO INC | Recordkeeper | $27,171 | — | $27,171 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $55,299
- Estimated Expense Ratio: 0.208% 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 |
|---|---|---|---|---|---|
| 2025 | $1,962,579 | $28,128 | $1,853 | — | — |
| 2024 | $61,197 | $25,912 | $10,833 | — | — |
| 2023 | $52,866 | $17,508 | $6,700 | — | — |
| 2022 | $2,541 | — | — | — | $2,541 |