Plan Snapshot
- Plan Sponsor: West Hawaii Community Health Center, INC. Dba Hawaii Island Community
- Sponsor EIN: 200495394
- Sponsor Address: 75-5751 KUAKINI HWY., SUITE 203, KAILUA-KONA, HI, 96740
- Plan Type: 403(b)
- Total Participants: 439
- Total Assets: $12.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 439 | $12.9M | $825,024 | $1.8M |
| 2023 | 429 | $10.1M | $734,234 | $1.7M |
| 2022 | 384 | $7.0M | $510,605 | $1.1M |
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 |
|---|---|---|---|---|
| HICKS PENSION GROUP | Other Service Provider | $55,071 | — | $55,071 |
| PACKERLAND BROKERAGE SERVICES | Other Service Provider | $33,970 | — | $33,970 |
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $29,971 | — | $29,971 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $119,012
- Estimated Expense Ratio: 0.922% 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 | $121,699 | — | $121,699 | — | — |
| 2023 | $71,273 | — | $71,273 | — | — |
| 2022 | $59,791 | — | $59,791 | — | — |