Plan Snapshot
- Plan Sponsor: Maui Economic Opportunity INC
- Sponsor EIN: 996009889
- Sponsor Address: 99 MAHALANI STREET, WAILUKU, HI, 96793
- Plan Type: 401(k)
- Total Participants: 151
- Total Assets: $5.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- 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 | 151 | $5.8M | $305,749 | $460,364 |
| 2023 | 148 | $5.5M | $274,012 | $411,220 |
| 2022 | 147 | $5.1M | $284,896 | $375,539 |
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 |
|---|---|---|---|---|
| CW ASSOCIATES, CPAS | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $52,782 | — | $52,782 | — | — |
| 2023 | $46,843 | — | — | — | — |
| 2022 | $43,767 | — | $43,767 | — | — |