Retirement plan

BANCWEST CORPORATION FUTURE PLAN

Name: BANCWEST CORPORATION - BANCWEST CORPORATION FUTURE PLAN (2015) Form 5500
Creator: BANCWEST CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BANCWEST CORPORATION FUTURE PLAN, BANCWEST CORPORATION

BANCWEST CORPORATIONEIN 99-0156159Plan #003PY 2015

2527 CAMINO RAMON, HUMAN RESOURCES DIVISION - SAN RAMON, CA 94583925-843-8318LinkedIn1-10 employeesconsumer services

Other plans on this EIN

2 filings

#002Retirement-$1.11B assets #001Retirement-$209.3M assets

Prospect flagsLow assets / participantLow employer contribution

Top hat statement on fileNQDC

Filed April 18, 2017 (most recent of 5 filings on file)

Plan administrator

Plan administrator name— Sign in and upgrade to view

999 Bishop St., 8th Fl.

Honolulu State: HI Zip Code: 96813

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Plans declared (5)

First Hawaiian, Inc. Supplemental Executive Retirement Plan, Part A73 emp
First Hawaiian, Inc. Supplemental Executive Retirement Plan, Part B34 emp
First Hawaiian, Inc. Deferred Compensation Plan, Part A29 emp
First Hawaiian, Inc. Deferred Compensation Plan, Part B53 emp
First Hawaiian Bank Deferred Compensation Plan85 emp

Total covered: 274 employees

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Total assets (EOY)

$78.2M

No prior year

Total participants

3,095

No prior year

Average account balance

$26,001

No prior year

Annual return

-0.12%

No prior year

Benchmarks

See 487 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants1,000-4,999

Cohort487 peers

Snapshot2015

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$126.74M

Not enough data

1 years with asset history on file

Average account balance

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

$48K

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.

2,644

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.

97.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.79M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+14.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$29

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
MERCER1+ years Filed as: MERCER HR SERVICES, LLC Service code 15 INVESTORS WAY · NORWOOD, MA 020621584	Recordkeeping	$60,903
MOSS ADAMS LLP1+ years Service code 10 PO BOX 748369 · LOS ANGELES, CA 90074	Accounting	$14,700
LOUIE & WONG1+ years Service code 10 PO BOX 2250 · SAN FRANCISCO, CA 94126	Accounting	$7,951

Plan features & details

Pension benefit codes2C2F2G2T3H

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$29K

$15 / participant

Other / not subdivided$29K100.0%

% of EOY assets

0.037%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: MOSS ADAMS LLP
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Disclaimer

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,001

$75,760-65.7%

$123,104-78.9%

$59,188-56.1%

Participation rate

95.6%

86.0%+9.5pp

86.8%+8.8pp

69.4%+26.2pp

Annual return

-0.12%

2.93%-3.0pp

13.22%-13.3pp

5.51%-5.6pp

Employer contribution / active EE

$855

$3,415-75.0%

$5,151-83.4%

$2,098-59.2%

Participant deferral / active EE

$5,000-100.0%

$6,230-100.0%

$3,265-100.0%

Admin fee / account holder

$10

$61-84.0%

$9,015-99.9%

$92-89.4%

Provider

Service type

Compensation

MERCER1+ years

Filed as: MERCER HR SERVICES, LLC

Service code 15

INVESTORS WAY · NORWOOD, MA 020621584

Recordkeeping

$60,903

MOSS ADAMS LLP1+ years

Service code 10

PO BOX 748369 · LOS ANGELES, CA 90074

Accounting

$14,700

LOUIE & WONG1+ years

Service code 10

PO BOX 2250 · SAN FRANCISCO, CA 94126

Accounting

$7,951

BANCWEST CORPORATION FUTURE PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (5)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BANCWEST CORPORATION FUTURE PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (5)

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