| Provider | Service type | Compensation |
|---|---|---|
HAWAII ELECTRICIANS ADMIN OFFICE2+ years Service code 13 · EIN 99-0109237 1935 HAU STREET, ROOM 300 · HONOLULU, HI 96819 | Contract Administrator | $279,474 |
FIRST HAWAIIAN BANK2+ years Service code 18 · EIN 99-0034327 P.O. BOX 3708 · HONOLULU, HI 96811 | Custodial (other than securities); Cu... | $252,796 |
INDEPENDENT FINANCIAL PARTNERS2+ years Filed as: SIERRA INV PARTNERS, INC Service code 28 · EIN 68-0370668 101 YGNACIO VALLEY ROAD, SUITE 300 · WALNUT CREEK, CA 94596 | Investment Management | $213,738 |
Filed as: SSI INVESTMENT MANAGEMENT Service code 28 · EIN 95-2913505 9440 SANTA MONICA BLVD.,8TH FLOOR · BEVERLY HILLS, CA 90210 | Investment Management | $117,823 |
BUCKINGHAM STRATEGIC PARTNERS2+ years Filed as: FOCUS INVESTMENT ADVISORS Service code 28 · EIN 33-0606466 511 SAXONY PLACE SUITE 101 · ENCINITAS, CA 92024 | Investment Management | $105,201 |
UBS FINANCIAL SERVICES INC2+ years Filed as: UBS FINANCIAL SERVICES, INC Service code 19 · EIN 13-2638166 1285 AVENUE OF THE AMERICAS · NEW YORK, NY 10019 | Securities Custodian | $70,762 |
Filed as: LEMKE, CHINEN & TANAKA CPA, INC Service code 10 · EIN 99-0155373 210 WARD AVENUE, SUITE 336 · HONOLULU, HI 96814 | Accounting | $57,000 |
WHITESTAR ADVISORS, LLC2+ years Filed as: WHITE STAR ADVISORS Service code 28 · EIN 03-0496641 902 CLINT MOORE ROAD SUITE 104 · BOCA RATON, FL 33487 | Investment Management | $47,928 |
YEE & KAWASHIMA LLLP2+ years Service code 29 · EIN 47-3636548 1000 BISHOP STREET SUITE 908 · HONOLULU, HI 96813 | Legal | $29,323 |
HONOLULU ACTUARIAL CONSULTANTS2+ years Filed as: HONOLULU ACTUARIAL CONSULTING SERVI Service code 11 · EIN 95-3658675 1221 KAPIOLANI BLD., 715 · HONOLULU, HI 96814 | Actuarial | $21,673 |
Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.
| Category | Counterparty | Relationship / Terms | Address | Amount |
|---|---|---|---|---|
| Part 2 Lease in default | LEONA DEWIRE | NONE | — | — |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $82,207 | $221,442-62.9% | $92,240-10.9% | $77,958+5.5% |
| Participation rate | 100.0% | 79.6%+20.4pp | 76.5%+23.5pp | 71.6%+28.4pp |
| Annual return | 9.52% | 15.65%-6.1pp | 176.29%-166.8pp | 20.87%-11.3pp |
| Employer contribution / active EE | $6,783 | $3,226+110.3% | $3,680+84.3% | $2,310+193.6% |
| Participant deferral / active EE | $0 | $2,779-100.0% | $3,897-100.0% | $3,537-100.0% |
| Admin fee / account holder | $309 | $210+47.5% | $5,194-94.0% | $97+217.6% |