| Provider | Services | Address | Compensation |
|---|---|---|---|
| FIRST HAWAII BANK NONE | Custodial (securities); Accounting (including auditing); Direct payment from the plan Service code 10 | 999 BISHOP STREET HONOLULU, HI 96813 | $119K |
| HAWAII BENEFIT ADMINISTRATORS INC. EIN 99-0329747 NONE | Contract Administrator; Direct payment from the plan Service code 13 | — | $93K |
| RAYMOND JAMES & ASSOCIATES NONE | Investment advisory (plan); Investment management fees paid directly by plan Service code 27 | 1001 BISHOP STREET, STE. 2920 HONOLULU, HI 96813 | $89K |
| FOCUS INVESTMENTS NONE | Investment management fees paid directly by plan; Investment advisory (plan) Service code 27 | 511 SAXONY PLACE, STE. 101 ENCINITAS, CA 92024 | $32K |
| MILLIMAN EIN 91-0675641 NONE | Direct payment from the plan; Actuarial Service code 11 | — | $20K |
| EIDE BAILLY, LLP EIN 45-0250958 NONE | Direct payment from the plan; Accounting (including auditing) Service code 10 | — | $17K |
| HONOLULU ACTUARIAL CONSULTANTS EIN 20-5644068 NONE | Actuarial; Direct payment from the plan Service code 11 | — | $15K |
Benefits declared on the Form 5500 main form (✓ = also has a Schedule A insurance contract; otherwise the benefit is funded out of plan assets or via a Schedule C TPA).
The plan reports several different headcounts depending on which form you read. Each one measures a different slice of the population.
| Active participants | 0 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 366 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 152 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 518 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | HSMA BLUE CROSS/BLUE SHIELD | 415 | $1.8M |
| Prescription drug | HSMA BLUE CROSS/BLUE SHIELD | 415 | $1.4M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 415 | — |
Why the numbers differ. Form 5500 line 6 counts employees + retirees + beneficiaries; no dependents. Schedule A persons-covered counts everyone enrolled, including spouses and children, so it usually exceeds line 6 by 30-60% on a working-age workforce. The medical row is normally the broadest single line because it has the highest take-up; dental/vision/life often dip below it. Stop-loss / reinsurance contracts sometimes report the carrier's full underwriting pool rather than this filer's headcount; the row is shown for transparency but shouldn't be read as "people in this plan."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
Broker comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
Filing reports zero broker compensation on a plan over 100 participants. Likely direct-write or unreported — worth a knock.