Plan Snapshot
- Plan Sponsor: The Queen'S Health Systems
- Sponsor EIN: 990238120
- Sponsor Address: 1301 PUNCHBOWL STREET, HONOLULU, HI, 96813
- Plan Type: 401(k)
- Total Participants: 9,266
- Total Assets: $2.0B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 9,266 | $2.0B | $50.3M | $87.4M |
| 2023 | 9,096 | $1.6B | $46.0M | $81.6M |
| 2022 | 8,612 | $1.3B | $42.1M | $72.2M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $687,356 | — | $687,356 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $671,342 | — | $671,342 |
| GLOBAL RETIREMENT PARTNERS | Investment Advisor | $92,700 | — | $92,700 |
| CARLSMITH BALL LLP | ERISA Attorney | $27,612 | — | $27,612 |
| KKDLY LLC | Auditor | $17,277 | — | $17,277 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- STRATEGIC ADVISORS, INC. — Investment Advisor
- GLOBAL RETIREMENT PARTNERS — Investment Advisor
- CARLSMITH BALL LLP — ERISA Attorney
- KKDLY LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,496,287
- Estimated Expense Ratio: 0.077% 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 | $1,488,267 | $892,408 | $300 | — | — |
| 2023 | $1,407,672 | $813,246 | $300 | — | — |
| 2022 | $1,491,870 | $571,953 | — | — | — |