Plan Snapshot
- Plan Sponsor: Hi-Sic, INC.
- Sponsor EIN: 990313967
- Sponsor Address: 560 N. NIMITZ HWY., SUITE 209, HONOLULU, HI, 96817
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 848
- Total Assets: $11.2M
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 | 848 | $11.2M | $47.0M | $0 |
| 2023 | 831 | $11.2M | $38.2M | $0 |
| 2022 | 851 | $11.6M | $36.0M | $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 |
|---|---|---|---|---|
| BENEFIT & RISK MANAGEMENT SERVICES | Other Service Provider | $122,015 | — | $122,015 |
| THE SEGAL COMPANY (WESTERN STATES) | Recordkeeper | $80,600 | — | $80,600 |
| BPS | Other Service Provider | $78,534 | — | $78,534 |
| SEGAL SELECT INSURANCE SERVICES, IN | Other Service Provider | $50,234 | $5,538 | $55,772 |
| YAMAMOTO, CALIBOSO & HETHERINGTON | Other Service Provider | $42,743 | — | $42,743 |
| LEONARD CARDER, LLP | Other Service Provider | $18,160 | — | $18,160 |
| CW ASSOCIATES, CPA'S | Other Service Provider | $16,858 | — | $16,858 |
| FIRST HAWAIIAN BANK | Other Service Provider | $3,705 | $3,639 | $7,344 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE SEGAL COMPANY (WESTERN STATES) — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $422,026
- Estimated Expense Ratio: 3.773% 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 | $548,520 | — | $548,520 | — | — |
| 2023 | $302,679 | — | $302,679 | — | — |
| 2022 | $267,285 | — | $267,285 | — | — |