Retirement plan

KALIHI-PALAMA HEALTH CENTER 401(K) RETIREMENT SAVINGS PLAN (002)

Name: KALIHI-PALAMA HEALTH CENTER - KALIHI-PALAMA HEALTH CENTER 401(K) RETIREMENT SAVINGS PLAN (002) (2024) Form 5500
Creator: KALIHI-PALAMA HEALTH CENTER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KALIHI-PALAMA HEALTH CENTER 401(K) RETIREMENT SAVINGS PLAN (002), KALIHI-PALAMA HEALTH CENTER

KALIHI-PALAMA HEALTH CENTEREIN 99-0161221Plan #002PY 2024

952 N KING ST - HONOLULU, HI 968174556808-843-7238kphc.orgLinkedIn201-500 employeeshospital & health care

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$12.9M

+20.0% from 2023

Total participants

269

+4.7% from 2023

Average account balance

$48,149

+15.5% from 2023

Annual return

11.64%

-3.75 pp from 2023

Benchmarks

See 6,019 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort6,019 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.86M

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.

267

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.

99.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.50M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+11.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

$127

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 2 by compensation

Provider	Service type	Compensation
PROFESSIONAL CAPITAL SERVICES, LLC6 years Service code 13 · EIN 23-3038464	Contract Administrator	$28,434
SUEMORI & INOUYE, INC.7 years Service code 37 · EIN 99-0242337	Loan Processing	$5,550

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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).
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.
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.
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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$34K

$158 / participant

Salaries / allowances$30K87.2%
Contract admin$4K12.8%

% of EOY assets

0.264%

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: CW ASSOCIATES, CPAS
Auditor EIN: 261659234
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$48,149

$55,472-13.2%

$155,567-69.0%

$74,546-35.4%

Participation rate

99.1%

61.9%+37.2pp

78.2%+20.9pp

67.2%+31.9pp

Annual return

11.64%

268.72%-257.1pp

64.74%-53.1pp

1366.03%-1354.4pp

Employer contribution / active EE

$2,142

$2,269-5.6%

$4,674-54.2%

$2,624-18.4%

Participant deferral / active EE

$4,842

$2,838+70.6%

$5,628-14.0%

$4,347+11.4%

Admin fee / account holder

$127

$1,743-92.7%

$15,916-99.2%

$1,944-93.5%

Provider

Service type

Compensation

PROFESSIONAL CAPITAL SERVICES, LLC6 years

Service code 13 · EIN 23-3038464

Contract Administrator

$28,434

SUEMORI & INOUYE, INC.7 years

Service code 37 · EIN 99-0242337

Loan Processing

$5,550

KALIHI-PALAMA HEALTH CENTER 401(K) RETIREMENT SAVINGS PLAN (002)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KALIHI-PALAMA HEALTH CENTER 401(K) RETIREMENT SAVINGS PLAN (002)

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