Retirement plan

MAUNA LANI RESORT 401(K) RETIREMENT SAVINGS PLAN

Name: DHL MAHI STAFFING, LLC - MAUNA LANI RESORT 401(K) RETIREMENT SAVINGS PLAN (2022) Form 5500
Creator: DHL MAHI STAFFING, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MAUNA LANI RESORT 401(K) RETIREMENT SAVINGS PLAN, DHL MAHI STAFFING, LLC

DHL MAHI STAFFING, LLCEIN 37-1860601Plan #001PY 2022

68-1400 MAUNA LANI DRIVE - KAMUELA, HI 96743808-881-7982

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$8.3M

-28.9% from 2021

Total participants

287

+8.7% from 2021

Average account balance

$46,121

-38.7% from 2021

Annual return

-15.68%

-38.53 pp from 2021

Benchmarks

See 1,006 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants100-249

Cohort1,006 peers

Snapshot2022

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$12.33M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$59K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

209

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

53.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$990K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+17.13%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$257

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 3 by compensation

Provider	Service type	Compensation
SAGEVIEW ADVISORY GROUP, LLC6+ years Service code 27 1920 MAIN STREET, STE 800 · IRVINE, CA 92614	Advisory (Plan)	$15,177
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE CO AMERIC Service code 64	Recordkeeping Fees	$13,232
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD RD · GREENWOOD VILLAGE, CO 80111	Investment Management	$6,863

Plan features & details

Pension benefit codes2E2F2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$38K

$187 / participant

Investment mgmt$15K39.9%
Contract admin$23K59.2%
Other / not subdivided$3500.9%

% of EOY assets

0.456%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: KKDLY
Auditor EIN: 990292355
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$46,121

$26,549+73.7%

$61,452-24.9%

$66,938-31.1%

Participation rate

47.8%

38.1%+9.7pp

52.6%-4.8pp

69.8%-22.0pp

Annual return

-15.68%

-16.21%+0.5pp

338.96%-354.6pp

1.58%-17.3pp

Employer contribution / active EE

$1,293

$651+98.6%

$1,160+11.5%

$2,545-49.2%

Participant deferral / active EE

$3,432

$1,338+156.5%

$2,125+61.6%

$4,238-19.0%

Admin fee / account holder

$210

$409-48.6%

$2,131-90.1%

$594-64.6%

Provider

Service type

Compensation

SAGEVIEW ADVISORY GROUP, LLC6+ years

Service code 27

1920 MAIN STREET, STE 800 · IRVINE, CA 92614

Advisory (Plan)

$15,177

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE CO AMERIC

Service code 64

Recordkeeping Fees

$13,232

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ADVISORY GROUP, LLC

Service code 28

8515 EAST ORCHARD RD · GREENWOOD VILLAGE, CO 80111

Investment Management

$6,863

MAUNA LANI RESORT 401(K) RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MAUNA LANI RESORT 401(K) RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion