| Provider | Service type | Compensation |
|---|---|---|
HAWAII ELECTRICIANS ADMIN OFFICE5+ years Service code 13 · EIN 99-0109237 1935 HAU STREET, ROOM 300 · HONOLULU, HI 96819 | Contract Administrator | $395,956 |
Filed as: SSI INVESTMENT MANAGEMENT-INSTINET Service code 28 · EIN 13-2625132 309 WEST 49TH ST - 6TH FLOOR · NEW YORK, NY 10019 | Investment Management | $377,913 |
INDEPENDENT FINANCIAL PARTNERS5+ 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 | $352,624 |
WHITESTAR ADVISORS, LLC2 years Service code 28 · EIN 03-0496641 902 CLINT MOORE ROAD, SUITE 104 · BOCA RATON, FL 33487 | Investment Management | $147,502 |
CENTRAL PACIFIC BANK3 years Service code 18 · EIN 99-0309010 P.O. BOX 1400 · HONOLULU, HI 96807 | Custodial (securities); Custodial (ot... | $144,029 |
FIRST HAWAIIAN BANK5+ years Service code 18 · EIN 99-0034327 P.O. BOX 3708 · HONOLULU, HI 96811 | Custodial (securities); Custodial (ot... | $134,107 |
Filed as: FOCUS INVESTMENT ADVISORS, INC. Service code 28 · EIN 81-1193503 511 SAXONY PLACE, SUITE 102 · ENCINITAS, CA 92024 | Investment Management | $113,034 |
Filed as: THREE PEAKS CAPITAL MANAGEMENT, LLC Service code 28 · EIN 56-2355177 3750 DACORO LANE, SUITE 100 · CASTLE ROCK, CO 80109 | Investment Management | $87,084 |
Filed as: RAYMOND JAMES & ASSOCIATES Service code 27 · EIN 59-1237041 880 CARILLON PARKWAY · ST PETERSBURG, FL 33716 | Advisory (Plan) | $83,000 |
Filed as: LEMKE, CHINEN & TANAKA CPA, INC Service code 10 · EIN 99-0155373 500 ALA MOANA BLVD, SUITE 2-302 · HONOLULU, HI 96813 | Accounting | $62,785 |
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 | STEVEN BOYLE DESIGN | NONE | — | — |
| Part 2 Lease in default | MAUI TROPICAL RELATY LLC | NONE | — | — |
| Part 2 Lease in default | OUT OF THE BLUE LLC | NONE | — | — |
| Part 2 Lease in default | THE CHOCOLATE ZONE | 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 | $87,249 | $81,719+6.8% | $101,275-13.8% | $90,274-3.4% |
| Participation rate | 71.0% | 80.7%-9.7pp | 75.8%-4.8pp | 73.4%-2.3pp |
| Annual return | 7.67% | 337.64%-330.0pp | 46.46%-38.8pp | 53.97%-46.3pp |
| Employer contribution / active EE | $7,159 | $3,622+97.6% | $3,660+95.6% | $2,523+183.7% |
| Participant deferral / active EE | $0 | $3,310-100.0% | $4,370-100.0% | $4,231-100.0% |
| Admin fee / account holder | $530 | $162+227.6% | $5,948-91.1% | $114+365.0% |