Plan Snapshot
- Plan Sponsor: Webco Hawaii, INC
- Sponsor EIN: 990115969
- Sponsor Address: 2840 MOKUMOA STREET, HONOLULU, HI, 96819
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 115
- Total Assets: $6.3M
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. |
|---|---|---|---|---|
| 2024 | 115 | $6.3M | $0 | $289,783 |
| 2023 | 132 | $9.8M | $0 | $351,581 |
| 2022 | 138 | $10.4M | $0 | $334,484 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $32,706 | — | $32,706 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $32,706
- Estimated Expense Ratio: 0.519% 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 | $32,706 | — | — | — | — |
| 2023 | $37,652 | — | — | — | — |
| 2022 | $41,120 | — | $41,120 | — | — |