Plan Snapshot
- Plan Sponsor: Oahu Transit Services, INC.
- Sponsor EIN: 990292265
- Sponsor Address: 811 MIDDLE STREET, HONOLULU, HI, 96819
- Plan Type: DB
- Plan Number: 001
- Total Participants: 115
- Total Assets: $40.6M
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 | 115 | $40.6M | $7.1M | $0 |
| 2023 | 109 | $31.3M | $6.6M | $0 |
| 2022 | 113 | $24.7M | $6.3M | $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 |
|---|---|---|---|---|
| FIRST HAWAIIAN BANK | Custodian / Trustee | $62,209 | — | $62,209 |
| HONOLULU ACTUARIAL CONSULTANTS | Actuary | $26,136 | — | $26,136 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $88,345
- Estimated Expense Ratio: 0.217% 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 | $201,681 | $139,473 | — | — | — |
| 2023 | $152,717 | $103,471 | — | — | — |
| 2022 | $125,222 | $83,865 | — | — | $41,357 |