Plan Snapshot
- Plan Sponsor: Hawaii Preparatory Academy
- Sponsor EIN: 990078306
- Sponsor Address: 65-1692 KOHALA MOUNTAIN RD, KAMUELA, HI, 96743
- Plan Type: 403(b)
- Total Participants: 203
- Total Assets: $42.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- 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 | 203 | $42.6M | $763,773 | $922,106 |
| 2023 | 206 | $42.0M | $853,252 | $896,006 |
| 2022 | 181 | $39.0M | $847,786 | $827,213 |
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 |
|---|---|---|---|---|
| MULTNOMAH GROUP, INC. | ADVISOR | $35,541 | — | $35,541 |
| TIAA | RECORDKEEPER | $23,622 | — | $23,622 |
| CW ASSOCIATES CPA | AUDITOR | $12,146 | — | $12,146 |
| NEW PINNACLE CONSULTING GROUP, LLC | CONSULTANT - PENSION | $6,150 | — | $6,150 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MULTNOMAH GROUP, INC. — ADVISOR
- TIAA — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $77,459
- Estimated Expense Ratio: 0.182% 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 | $77,159 | — | — | — | — |
| 2023 | $73,273 | — | $72,808 | — | — |
| 2022 | $59,977 | $86 | $59,891 | — | — |