Plan Snapshot
- Plan Sponsor: Hilo Medical Investors, Ltd.
- Sponsor EIN: 581339022
- Sponsor Address: 944 WEST KAWAILANI STREET, HILO, HI, 96720
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 468
- Total Assets: $14.8M
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 | 468 | $14.8M | $0 | $0 |
| 2024 | 410 | $13.5M | $109,969 | $749,334 |
| 2023 | 304 | $11.9M | $106,108 | $653,333 |
| 2022 | 304 | $11.6M | $113,626 | $661,265 |
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 |
|---|---|---|---|---|
| LBMC PC | Auditor | $17,000 | — | $17,000 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $16,623 | — | $16,623 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $33,623
- Estimated Expense Ratio: 0.227% 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 | $1,066,652 | — | — | $17,000 | — |
| 2024 | $35,443 | — | — | $9,500 | — |
| 2023 | $8,722 | — | $2,481 | — | — |
| 2022 | $17,462 | — | — | — | — |