Plan Snapshot
- Plan Sponsor: Okimoto Holdings, INC.
- Sponsor EIN: 822963975
- Sponsor Address: 85-863 FARRINGTON HIGHWAY, WAIANAE, HI, 96792
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 135
- Total Assets: $12.3M
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 | 135 | $12.3M | $0 | $0 |
| 2024 | 130 | $10.2M | $685,342 | $437,772 |
| 2023 | 127 | $8.6M | $731,380 | $415,843 |
| 2022 | 118 | $6.8M | $689,901 | $380,210 |
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 |
|---|---|---|---|---|
| MISSION FINANCIAL GROUP LLC | Other Service Provider | $54,161 | — | $54,161 |
| QUALIFIED PLAN SERVICES | Recordkeeper | $9,774 | — | $9,774 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $63,935
- Estimated Expense Ratio: 0.518% 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 | $692,010 | $56,328 | $9,774 | — | — |
| 2024 | $794,103 | — | — | — | — |
| 2023 | $574,411 | — | — | — | — |
| 2022 | $152,289 | — | — | — | — |