Employers › Hawaiian Electric Industries
Recordkeeping fees per participant · Hawaiian Electric Industries Retirement Savings Plan · plan year 2024
$67.91
Higher than 75% of the 1,697 plans $250M to 1B that report it.
= $210,526 / 3,100
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015211914NAL0002900147001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015211914NAL0002900147001, received 2025-10-15
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-15.
Administrative expenses excluding investment management, per participant
$106.49
Higher than 79% of the 2,324 plans $250M to 1B that report it.
= $330,116 / 3,100
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015211914NAL0002900147001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015211914NAL0002900147001, received 2025-10-15
Administrative expenses per participant
$128.87
Higher than 74% of the 2,405 plans $250M to 1B that report it.
= $399,482 / 3,100
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015211914NAL0002900147001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015211914NAL0002900147001, received 2025-10-15
Administrative expenses as a share of assets
0.051%
Higher than 33% of the 2,407 plans $250M to 1B that report it.
= $399,482 / $780,660,919
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015211914NAL0002900147001, received 2025-10-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015211914NAL0002900147001, received 2025-10-15
Employer contributions per participant
$2,425
Higher than 36% of the 2,457 plans $250M to 1B that report it.
= $7,518,855 / 3,100
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015211914NAL0002900147001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015211914NAL0002900147001, received 2025-10-15
Employer share of total contributions
18.2%
Higher than 12% of the 2,459 plans $250M to 1B that report it.
= $7,518,855 / $41,225,534
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015211914NAL0002900147001, received 2025-10-15
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015211914NAL0002900147001, received 2025-10-15
98.8% of this plan's assets are held in a master trust. Costs reported at the trust level and allocated by the plan's share: administrative expenses $0 ($128.87 per participant including the plan's own Schedule H). Benchmarks and percentiles use the plan's own Schedule H only.
Plan terms are described in Hawaiian Electric Industries, Inc.'s SEC filings: Form 11-K filed 2024-06-28 and Form 10-K filed 2026-02-27. No term could be quoted from them with the required precision.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2O ESOP-related feature · 2S pre-approved plan document · 2T default investment (QDIA) · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251015211914NAL0002900147001, received 2025-10-15
| Field | Value | Source |
|---|---|---|
| Plan sponsor | HAWAIIAN ELECTRIC INDUSTRIES, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251015211914NAL0002900147001, received 2025-10-15 |
| Plan name | HAWAIIAN ELECTRIC INDUSTRIES RETIREMENT SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251015211914NAL0002900147001, received 2025-10-15 |
| Sponsor EIN / plan number | 99-0208097 / 003 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251015211914NAL0002900147001, received 2025-10-15 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251015211914NAL0002900147001, received 2025-10-15 |
| Sponsor location | HONOLULU, HI | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251015211914NAL0002900147001, received 2025-10-15 |
| Industry (business code) | 551112, Management of companies and enterprises | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251015211914NAL0002900147001, received 2025-10-15 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251015211914NAL0002900147001, received 2025-10-15 |
| Filing received | 2025-10-15 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251015211914NAL0002900147001, received 2025-10-15 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251015211914NAL0002900147001, received 2025-10-15 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251015211914NAL0002900147001, received 2025-10-15 |
| Participants, beginning of year | 3,364 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251015211914NAL0002900147001, received 2025-10-15 |
| Active participants | 2,688 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251015211914NAL0002900147001, received 2025-10-15 |
| Participants, end of year | 3,300 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251015211914NAL0002900147001, received 2025-10-15 |
| Participants with an account balance | 3,100 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015211914NAL0002900147001, received 2025-10-15 |
| Total assets, beginning of year | $684,771,920 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251015211914NAL0002900147001, received 2025-10-15 |
| Total assets, end of year | $780,660,919 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015211914NAL0002900147001, received 2025-10-15 |
| Net assets, end of year | $780,651,459 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251015211914NAL0002900147001, received 2025-10-15 |
| Total income | $149,248,381 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251015211914NAL0002900147001, received 2025-10-15 |
| Net income | $95,885,508 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251015211914NAL0002900147001, received 2025-10-15 |
| Employer contributions | $7,518,855 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015211914NAL0002900147001, received 2025-10-15 |
| Participant contributions | $32,028,739 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251015211914NAL0002900147001, received 2025-10-15 |
| Other contributions (incl. rollovers) | $1,677,940 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251015211914NAL0002900147001, received 2025-10-15 |
| Total contributions | $41,225,534 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015211914NAL0002900147001, received 2025-10-15 |
| Benefit payments | $52,963,391 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251015211914NAL0002900147001, received 2025-10-15 |
| Total expenses (incl. benefit payments) | $53,362,873 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251015211914NAL0002900147001, received 2025-10-15 |
| Total administrative expenses | $399,482 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015211914NAL0002900147001, received 2025-10-15 |
| Recordkeeping fees | $210,526 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015211914NAL0002900147001, received 2025-10-15 |
| IQPA audit fees | $90,576 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251015211914NAL0002900147001, received 2025-10-15 |
| Investment advisory and management fees | $69,366 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251015211914NAL0002900147001, received 2025-10-15 |
| Administrative expenses excluding investment management | $330,116 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015211914NAL0002900147001, received 2025-10-15 |
| Held in master trusts | $771,232,932 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251015211914NAL0002900147001, received 2025-10-15 |
| Independent auditor | ACCUITY LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251015211914NAL0002900147001, received 2025-10-15 |
Position = column in the DOL layout for form year 2024. Filing 20251015211914NAL0002900147001, received 2025-10-15.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| ACCUITY LLP | NONE | 10 Accounting (including auditing); 16 Consulting (general); 50 Direct payment from the plan | $90,576 | no |
| SAGEVIEW ADVISORY GROUP, LLC | NONE | 16 Consulting (general); 50 Direct payment from the plan | $64,745 | no |
| TRUCKER HUSS | NONE | 29 Legal; 50 Direct payment from the plan | $29,014 | no |
| FIDELITY INV INST OPER CO, INC.recordkeeper | RECORDKEEPER | 37 Participant loan processing; 50 Direct payment from the plan; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $-298,991 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251015211914NAL0002900147001, received 2025-10-15.
HEIRS PLAN & ASB 401K PLAN MASTER T (EIN 990208097, PN 006): plan interest $771,232,932, 79.7% of the trust. The trust's own filing (20251015212022NAL0011283650001, received 2025-10-15) reports net assets $967,107,065, administrative expenses $0, recordkeeping fees not reported, investment management fees not reported and 0 Schedule C providers.
Schedule D Part I of the plan's filing; the trust's Schedule H and Schedule C. Allocation = the plan's interest divided by the trust's net assets.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $684,771,920 | $780,660,919 | 14.0% |
| Participants with a balance | 3,153 | 3,100 | -1.7% |
| Administrative expenses | $360,975 | $399,482 | 10.7% |
| Recordkeeping fees per participant | $82.39 | $67.91 | -17.6% |
| Employer contributions | $6,005,604 | $7,518,855 | 25.2% |
Prior filing 20241015211510NAL0015414803001, received 2024-10-15; the plan years are contiguous.
Sponsor name as filed: HAWAIIAN ELECTRIC INDUSTRIES, INC.; SEC registrant: HAWAIIAN ELECTRIC INDUSTRIES INC (CIK 354707, matched by EIN).