401k Record

Employers › Kona Hills

Kona Hills 401(k)

Administrative expenses excluding investment management, per participant · Kona Hills, LLC 401(k) Plan · plan year 2023

$246.48

Higher than 84% of the 869 plans under $1M that report it.

Source

= $13,310 / 54
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20241011151010NAL0044193570001, received 2024-10-11
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241011151010NAL0044193570001, received 2024-10-11

10th: $5.71median $43.2190th: $1,048.57

Percentiles compare this plan with the Schedule H plans under $1M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2023-01-01 to 2023-12-31, filing received 2024-10-11.

Cost and contributions

Recordkeeping fees per participant

not reported

Not reported on this filing.

Administrative expenses per participant

$246.48

10th: $2.51median $40.3290th: $925.14

Higher than 85% of the 1,003 plans under $1M that report it.

Source

= $13,310 / 54
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20241011151010NAL0044193570001, received 2024-10-11
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241011151010NAL0044193570001, received 2024-10-11

Administrative expenses as a share of assets

2.304%

10th: 0.154%median 1.286%90th: 71.044%

Higher than 66% of the 1,045 plans under $1M that report it.

Source

= $13,310 / $577,739
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20241011151010NAL0044193570001, received 2024-10-11
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20241011151010NAL0044193570001, received 2024-10-11

Employer contributions per participant

$4,778

10th: $104median $46590th: $3,041

Higher than 91% of the 580 plans under $1M that report it.

Source

= $258,016 / 54
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20241011151010NAL0044193570001, received 2024-10-11
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241011151010NAL0044193570001, received 2024-10-11

Employer share of total contributions

55.0%

10th: 10.6%median 30.9%90th: 47.7%

Higher than 93% of the 610 plans under $1M that report it.

Source

= $258,016 / $469,258
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20241011151010NAL0044193570001, received 2024-10-11
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20241011151010NAL0044193570001, received 2024-10-11

Plan terms, as stated in Kona Hills, LLC's SEC filings

Plan terms are not published in public filings.

Plan features

2E profit-sharing · 3D IRS pre-approved plan · 2G fully participant-directed · 2J 401(k) feature · 2F ERISA 404(c) plan · 2T default investment (QDIA) · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20241011151010NAL0044193570001, received 2024-10-11

Full record, Kona Hills, LLC 401(k) Plan

FieldValueSource
Plan sponsorKONA HILLS, LLCForm 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20241011151010NAL0044193570001, received 2024-10-11
Plan nameKONA HILLS, LLC 401(K) PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20241011151010NAL0044193570001, received 2024-10-11
Sponsor EIN / plan number81-4568505 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20241011151010NAL0044193570001, received 2024-10-11
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20241011151010NAL0044193570001, received 2024-10-11
Sponsor locationKEALAKEKUA, HIForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20241011151010NAL0044193570001, received 2024-10-11
Industry (business code)111900, Agriculture, forestry, fishing and huntingForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20241011151010NAL0044193570001, received 2024-10-11
Plan year2023-01-01 to 2023-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20241011151010NAL0044193570001, received 2024-10-11
Filing received2024-10-11Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20241011151010NAL0044193570001, received 2024-10-11
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20241011151010NAL0044193570001, received 2024-10-11
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20241011151010NAL0044193570001, received 2024-10-11
Participants, beginning of year112Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20241011151010NAL0044193570001, received 2024-10-11
Active participants33Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20241011151010NAL0044193570001, received 2024-10-11
Participants, end of year54Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20241011151010NAL0044193570001, received 2024-10-11
Participants with an account balance54Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241011151010NAL0044193570001, received 2024-10-11
Total assets, beginning of year$355,257Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20241011151010NAL0044193570001, received 2024-10-11
Total assets, end of year$577,739Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20241011151010NAL0044193570001, received 2024-10-11
Net assets, end of year$577,739Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20241011151010NAL0044193570001, received 2024-10-11
Total income$559,818Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20241011151010NAL0044193570001, received 2024-10-11
Net income$222,482Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20241011151010NAL0044193570001, received 2024-10-11
Employer contributions$258,016Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20241011151010NAL0044193570001, received 2024-10-11
Participant contributions$211,242Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20241011151010NAL0044193570001, received 2024-10-11
Total contributions$469,258Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20241011151010NAL0044193570001, received 2024-10-11
Benefit payments$324,026Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20241011151010NAL0044193570001, received 2024-10-11
Total expenses (incl. benefit payments)$337,336Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20241011151010NAL0044193570001, received 2024-10-11
Total administrative expenses$13,310Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20241011151010NAL0044193570001, received 2024-10-11
Contract administrator fees$13,310Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20241011151010NAL0044193570001, received 2024-10-11
Administrative expenses excluding investment management$13,310derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20241011151010NAL0044193570001, received 2024-10-11
Held in common/collective trusts$1,903Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20241011151010NAL0044193570001, received 2024-10-11
Held in mutual funds$571,838Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20241011151010NAL0044193570001, received 2024-10-11
Independent auditorPENSION ASSURANCE LLPSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20241011151010NAL0044193570001, received 2024-10-11

Position = column in the DOL layout for form year 2023. Filing 20241011151010NAL0044193570001, received 2024-10-11.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
ASCENSUS LLCrecordkeeperNONE 99 Other fees; 64 Recordkeeping fees; 37 Participant loan processing; 15 Recordkeeping and information management; 62 Float revenue; 50 Direct payment from the plan $13,310yes

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 20241011151010NAL0044193570001, received 2024-10-11.

No filing for the previous plan year is in the data, so there is no year-over-year comparison.

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Sponsor name as filed: KONA HILLS, LLC; SEC registrant: Kona Hills, LLC (CIK 1693514, matched by EIN).