Plan Snapshot
- Plan Sponsor: Proservice Pacific, LLC Dba Proservice Hawaii
- Sponsor EIN: 611582293
- Sponsor Address: 6600 KALANIANAOLE HWY, HONOLULU, HI, 96825
- Plan Type: 401(k)
- Total Participants: 13,591
- Total Assets: $412.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 13,591 | $412.6M | $16.0M | $37.3M |
| 2023 | 12,097 | $303.8M | $10.5M | $29.8M |
| 2022 | 10,916 | $232.5M | $11.6M | $25.4M |
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 |
|---|---|---|---|---|
| TRANSAMERICA LIFE INSURANCE COMPANY | Recordkeeper | $1,287,172 | — | $1,287,172 |
| PROSERVICE HAWAII | Custodian / Trustee | $419,374 | — | $419,374 |
| HICKS PENSION SERVICES | Other Service Provider | $160,097 | — | $160,097 |
| MESIROW FINANCIAL, INC. | Investment Advisor | $72,070 | — | $72,070 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA LIFE INSURANCE COMPANY — Recordkeeper
- MESIROW FINANCIAL, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,938,713
- Estimated Expense Ratio: 0.470% 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 | $1,945,879 | $232,166 | — | $7,167 | — |
| 2023 | $1,508,834 | $178,960 | — | — | — |
| 2022 | $1,326,034 | $157,422 | — | — | $267,837 |