Plan Snapshot
- Plan Sponsor: Trustees Of Hawaii Electrical Utility Workers Health And Welfare
- Sponsor EIN: 994008520
- Sponsor Address: 560 N. NIMITZ HWY, SUITE 117E, HONOLULU, HI, 96817
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 42
- Total Assets: $22,167
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 | 42 | $22,167 | $174,862 | $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 |
|---|---|---|---|---|
| BENEFIT RISK & MANAGEMENT SERVICES | Other Service Provider | $12,565 | — | $12,565 |
| BENEFIT PLAN SOLUTIONS, INC | Other Service Provider | $10,471 | — | $10,471 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $23,036
- Estimated Expense Ratio: 103.920% 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 | $283,644 | — | — | — | — |