Plan Snapshot
- Plan Sponsor: Kuakini Health System
- Sponsor EIN: 990225140
- Sponsor Address: 347 N. KUAKINI STREET, HONOLULU, HI, 96817
- Plan Type: DB
- Total Participants: 264
- Total Assets: $69.4M
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 | 264 | $69.4M | $661,000 | $0 |
| 2023 | 290 | $68.6M | $890,000 | $0 |
| 2022 | 316 | $100.4M | $0 | $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 |
|---|---|---|---|---|
| AON CONSULTING, INC. | Other Service Provider | $320,966 | — | $320,966 |
| FIRST HAWAIIAN BANK | Other Service Provider | $162,534 | — | $162,534 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $483,500
- Estimated Expense Ratio: 0.697% 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 | $975,738 | $1,116 | $320,966 | — | — |
| 2023 | $1,559,167 | $19,101 | $351,327 | — | — |
| 2022 | $1,306,619 | $21,292 | $133,179 | — | $213,700 |