State · sponsors with a Hawaii filing address
Retirement plans in Hawaii
Form 5500 filings for plan years 2009 to 2025; medians for plan year 2024.
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. A plan is counted in the state of its sponsor's address, not where its participants live.
For plan year 2024, 272 retirement plans based in Hawaii with 100 or more participants filed Form 5500: 231 defined contribution and 41 defined benefit. They reported 309,089 participant records and $27.3B in net assets, counting every plan on the form.
The median defined contribution plan held $56,140 per participant, above the national median of $53,031, and its employer put in $1,967 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $120 per participant against $123 nationally.
Employers contributed $744M and participants $600M during the year, and the plans paid out $2.04B in benefits.
In 2009 the same group numbered 360 plans with $10.5B; by 2024 it was 272 plans (down 24%) and $27.3B (up 161%). From plan year 2023 the 100-participant line counts participants with account balances, which moved many plans to the short form.
Beyond the full-form filers, 3,746 small plans based in Hawaii filed the short Form 5500-SF for 2024, with 72,012 participants and $6.81B in net assets. Small plans are counted here and nowhere else on this site.
Medians compared with all US plans
| Median plan, plan year 2024 | HI: DC | US: DC | HI: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $56,140 | $53,031 | $93,408 | $86,234 |
| Employer contributions per active participant | $1,967 | $2,174 | $7,456 | $10,244 |
| Schedule C compensation per participant | $120 | $123 | $485 | $344 |
| Schedule C compensation, share of net assets | 0.23% | 0.26% | 0.52% | 0.42% |
| Administrative expenses per participant | $114 | $116 | $685 | $527 |
Medians across plans with 100 or more participants (215 DC and 41 DB plans with a Schedule H here). Fee medians cover plans reporting an amount. DC: defined contribution, such as 401(k) and 403(b). DB: defined benefit pension.
Distribution of DC plans
| Measure | 25th percentile | Median | 75th percentile | Plans |
|---|---|---|---|---|
| Net assets per participant | $31,170 | $56,140 | $121,896 | 215 |
| Employer contributions per active participant | $1,033 | $1,967 | $3,958 | 202 |
| Schedule C compensation per participant | $47.78 | $120 | $233 | 199 |
| Administrative expenses per participant | $43.52 | $114 | $231 | 209 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2025partial | 18 | 9,567 | $1.44B | $19.4M | $34.6M | $103,902 | $134 |
| 2024 | 272 | 309,089 | $27.3B | $744M | $600M | $56,140 | $120 |
| 2023 | 287 | 310,473 | $25.4B | $704M | $563M | $52,282 | $103 |
| 2022 | 330 | 301,074 | $22.3B | $658M | $536M | $37,978 | $109 |
| 2021 | 326 | 300,446 | $25.6B | $676M | $500M | $45,276 | $105 |
| 2020 | 336 | 308,245 | $24.9B | $723M | $453M | $40,869 | $91.71 |
| 2019 | 333 | 310,437 | $22.2B | $751M | $463M | $36,866 | $81.79 |
| 2018 | 327 | 307,285 | $18.5B | $761M | $436M | $31,903 | $62.34 |
| 2017 | 322 | 298,650 | $19.1B | $727M | $401M | $35,398 | $54.78 |
| 2016 | 326 | 304,516 | $17.2B | $918M | $431M | $29,165 | $48.43 |
| 2015 | 326 | 288,257 | $15.4B | $713M | $334M | $27,697 | $49.60 |
| 2014 | 324 | 278,134 | $15.5B | $567M | $313M | $29,845 | $44.77 |
| 2013 | 331 | 274,861 | $14.7B | $576M | $293M | $28,533 | $47.73 |
| 2012 | 331 | 270,444 | $12.8B | $582M | $277M | $25,320 | $41.16 |
| 2011 | 326 | 266,945 | $11.6B | $514M | $285M | $24,223 | $36.99 |
| 2010 | 338 | 265,892 | $11.3B | $462M | $271M | $23,902 | $38.65 |
| 2009 | 360 | 290,437 | $10.5B | $436M | $273M | $20,138 | $32.82 |
Plan year is the year in which the plan year began. The drop in large plans from 2023 follows a rule change: the 100-participant line now counts participants with account balances, so many plans moved to the short form.
Provider share
Service provider organisations named most often on the Schedule C of the 272 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 60 largest by participants of 272 plans with a page on this site.
| Plan | Sponsor | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|
| Proservice Hawaii 401(k) Plan | Proservice Pacific, LLC DBA Proservice Hawaii | DC | 18,512 | $413M | $22,286 | $1,177 | $105 |
| Hotel Industry-Ilwu Pension Plan | Board of Trustees of the Hotel Industry-Ilwu Pension Plan | DB | 16,470 | $316M | $19,183 | $1,409 | $113 |
| Hotel Union and Hotel Industry of Hawaii Pension Plan | Board of Trustees of the Hotel Union & Hotel Industry of Hawaii Pensio | DB | 14,918 | $763M | $51,134 | $5,322 | $154 |
| The Queen's Health Systems Retirement Savings Plan | The Queen's Health Systems | DC | 11,901 | $1.95B | $164,021 | $5,429 | $126 |
| Hawai'i Pacific Health 403(b) Savings Plan | Hawai'i Pacific Health | DC | 10,412 | $1.53B | $146,814 | $3,434 | $168 |
| Hawaii Pacific Health Retirement Plan | Hawaii Pacific Health | DB | 8,449 | $429M | $50,749 | $3,352 | $264 |
| The Queen's Health Systems Pension Plan | The Queen's Health Systems | DB | 7,793 | $452M | $57,996 | $982 | $230 |
| Hawaii Carpenters 401(k) FD | Hawaii Carpenters 401(k) Fund | DC | 7,421 | $258M | $34,752 | $1,897 | $89.19 |
| Hotel Union and Hotel Industry of Hawaii 401(k) Retirement Savings Plan | Hotel 401(k) Retirement Savings Plan | DC | 7,334 | $170M | $23,171 | — | $36.33 |
| Hawaii Carpenters Financial Security Fund | Hawaii Carpenters Financial Security Fund | DC | 7,254 | $661M | $91,092 | $13,266 | $286 |
| Hawaii Laborers' Annuity Fund | Hawaii Laborers' Annuity Fund | DC | 6,407 | $305M | $47,570 | $4,546 | $272 |
| Altres 401(k) Retirement Plan | Altres Global Business Services, Inc. | DC | 6,316 | $163M | $25,819 | $1,529 | $180 |
| Hawaii Laborers' Pension Trust Fund | Hawaii Laborers' Pension Trust Fund | DB | 6,020 | $426M | $70,803 | $7,862 | $372 |
| Hawaiian Airlines, Inc. 401(k) Savings Plan | Hawaiian Airlines Inc. | DC | 5,094 | $529M | $103,791 | $3,894 | $23.58 |
| Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries | Hawaiian Electric Industries, Inc. | DB | 5,068 | $1.91B | $377,260 | $4,496 | $779 |
| Ilwu (Hawaii) Employers General Pension Plan | Board of Trustees of the Ilwu (Hawaii) Employers General Pension Trust | DB | 4,369 | $89.6M | $20,502 | $1,443 | $164 |
| Hawaii Masons and Plasterers Annuity Plan | Board of Trustees of the Hawaii Masons & Plasterers Annuity Trust Fund | DC | 4,137 | $126M | $30,421 | $6,794 | $273 |
| Hawaii Electricians Annuity Plan | Hawaii Electricians Annuity Plan | DC | 3,867 | $437M | $113,078 | $8,601 | $624 |
| Hawaii Electricians Pension Plan | Hawaii Electricians Pension Plan | DB | 3,451 | $366M | $105,936 | $9,842 | $1,173 |
| Pamcah-Ua Local 675 Annuity Plan | Board of Trustees of Pamcah-Ua Local 675 Annuity Fund | DC | 3,412 | $383M | $112,312 | $10,748 | $390 |
| Hawaiian Electric Industries Retirement Savings Plan | Hawaiian Electric Industries, Inc. | DC | 3,300 | $781M | $236,561 | $2,797 | $47.07 |
| Pamcah-Ua Local 675 Pension Plan | Pamcah-Ua Local 675 Pension Fund | DB | 3,137 | $622M | $198,293 | $12,355 | $528 |
| Bank of Hawaii Retirement Savings Plan | Bank of Hawaii | DC | 3,108 | $908M | $292,174 | $4,241 | $200 |
| First Hawaiian, Inc. 401(k) Savings Plan | First Hawaiian, Inc. Human Resources Division | DC | 2,934 | $456M | $155,343 | $3,328 | — |
| Local 665 I.A.T.S.E. Annuity Plan | Local 665 I.A.T.S.E. Annuity Plan | DC | 2,698 | $24.8M | $9,182 | $997 | $131 |
| First Hawaiian, Inc. Future Plan | First Hawaiian, Inc. | DC | 2,698 | $127M | $46,977 | $2,079 | $28.20 |
| Kamehameha Schools Retirement Plan | Kamehameha Schools | DB | 2,697 | $292M | $108,292 | $955 | $457 |
| Masons Pension Plan | Board of Trustees of Masons Pension Trust Fund | DB | 2,676 | $284M | $106,190 | $7,406 | $783 |
| Outrigger Hotels Hawaii Profit Sharing and Retirement Savings Plan | Outrigger Hotels Hawaii | DC | 2,512 | $163M | $64,762 | $1,681 | $128 |
| Roberts Hawaii, Inc. Employee Stock Ownership Plan | Roberts Hawaii, Inc. | DC | 2,396 | $119M | $49,838 | $8,786 | — |
| Hawaiian Airlines, Inc. 401(k) Plan for Flight Attendants | Hawaiian Airlines, Inc. | DC | 2,348 | $460M | $195,792 | $4,186 | $38.99 |
| Don Quijote (USA) Co., Ltd. Profit-Sharing Retirement/individual Matched Savings Plan | Don Quijote (USA) Co., Ltd. | DC | 2,308 | $80.4M | $34,838 | $854 | $128 |
| Punahou School Defined Contribution Retirement Plan | Punahou School | DC | 2,272 | $326M | $143,579 | $3,001 | $109 |
| Hawaii Medical Service Association Employee Thrift Plan | Hawaii Medical Service Association | DC | 2,185 | $480M | $219,682 | $4,563 | $131 |
| MNS, Ltd. Profit-Sharing Plan | MNS, Ltd. | DC | 2,169 | $264M | $121,777 | $2,176 | $385 |
| DFS Retirement Plan | DFS Group Limited | DC | 2,142 | $230M | $107,263 | $3,420 | $33.24 |
| The Foodland Profit Sharing Investment Plan | Foodland Super Market, Ltd. | DC | 1,841 | $67.6M | $36,703 | $776 | $43.50 |
| Employees Profit Sharing Retirement Plan of Servco Pacific Inc. and Subsidiaries | Servco Pacific Inc. | DC | 1,755 | $228M | $129,836 | $2,595 | $76.67 |
| Kyo-Ya Management Company, Ltd. and Participating Companies Pension Plan | Kyo-Ya Management Company, Ltd. | DB | 1,718 | $131M | $76,185 | — | $106 |
| Hawaii Iron Workers' Annuity Plan | Board of Trustees of Hawaii Iron Workers' Annuity Trust Fund | DC | 1,482 | $59.2M | $39,937 | $8,074 | $457 |
| American Savings Bank 401(k) Plan | American Savings Bank, F.S.B. | DC | 1,479 | $199M | $134,666 | $4,085 | $46.00 |
| Hawaii Iron Workers' Pension Plan | Board of Trustees of Hawaii Iron Workers Pension Trust Fund | DB | 1,465 | $176M | $119,964 | $14,447 | $1,580 |
| Hawaii Longshore Pension Plan | Board of Trustees of Hawaii Longshore Pension Plan | DB | 1,452 | $429M | $295,768 | $40,815 | $1,018 |
| The Hana Group II, Inc. Retirement Plan | HBC Management Company, Inc. | DC | 1,397 | $17.1M | $12,215 | $1,288 | $79.56 |
| 401(k) Profit Sharing Thrift Plan of Robert's Hawaii, Inc. & Affiliates | Robert's Hawaii, Inc. | DC | 1,374 | $32.6M | $23,697 | $0 | $87.66 |
| Kuakini Health System 403(b) Matching Tax-Sheltered Annuity Plan | Kuakini Health System | DC | 1,337 | $163M | $122,193 | $2,420 | $120 |
| Central Pacific Bank 401(k) Retirement Savings Plan | Central Pacific Financial Corp. | DC | 1,301 | $211M | $162,366 | $3,309 | $67.95 |
| Employees' Retirement Plan of First Hawaiian, Inc. | First Hawaiian, Inc. | DB | 1,299 | $73.4M | $56,514 | — | $131 |
| Hawaiian Airlines, Inc. Pilots' 401(k) Plan | Hawaiian Airlines Inc. | DC | 1,272 | $696M | $546,879 | $38,242 | $83.08 |
| Non-Contributory Retirement Program for Certain Employees of Hawaii Medical Service Association | Hawaii Medical Service Association | DB | 1,261 | $232M | $184,334 | — | $65.35 |
| Halekulani Corporation Cash Accumulation Plan | Halekulani Corporation | DC | 1,220 | $105M | $86,277 | $1,378 | $136 |
| American Savings Bank Retirement Plan | American Savings Bank, F.S.B. | DB | 1,201 | $97.2M | $80,925 | — | $398 |
| Zippy's 401(k) Profit Sharing Plan | FCH Enterprises, Inc. | DC | 1,160 | $44.6M | $38,454 | $608 | $211 |
| Honu Services 401(k) Profit Sharing Plan and Trust | Jtsi, Inc. | DC | 1,125 | $49.5M | $43,987 | $3,254 | $7.56 |
| Hawaii Sheet Metal Workers Pension Fund | Hawaii Sheet Metal Workers Pension Fund | DB | 1,107 | $315M | $284,805 | $7,202 | $1,248 |
| Hawaii Truckers-Teamsters Union Pension Plan | Trustees of Hawaii Truckers-Teamsters Union Pension Fund | DB | 1,107 | $166M | $149,563 | $19,387 | $540 |
| Kyo-Ya Management Company, Ltd. 401(k) Plan | Kyo-Ya Management Company, Ltd. | DC | 1,059 | $63.5M | $59,944 | $2,175 | $147 |
| Catv Industry-Ibew Pension Plan | Board of Trustees of Catv Industry - IBEW Pension Plan | DB | 1,052 | $98.3M | $93,408 | $5,928 | $525 |
| Employees' Retirement Plan of Bank of Hawaii | Bank of Hawaii | DB | 1,029 | $74.7M | $72,573 | — | $453 |
| Marukai Corporation 401(k) Profit Sharing Plan | Marukai Corporation | DC | 956 | $16.0M | $16,776 | $867 | $174 |
By plan size
By industry
By plan year
Questions and answers
How many retirement plans are there in Hawaii?
272 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 502 pension plans on the full form. Smaller plans file Form 5500-SF and are counted separately where shown.
What is the typical 401(k) balance in Hawaii?
The median defined contribution plan reported $56,140 in net assets per participant (middle half of plans: $31,170 to $121,896); nationally it was $53,031. This is a plan-level average that includes former employees, not a typical person's balance.
What do employers contribute in Hawaii?
The median defined contribution plan received $1,967 in employer contributions per active participant, against $2,174 nationally. Plans with no employer contribution are included at zero.
What are average 401(k) fees in Hawaii?
Among defined contribution plans that report any Schedule C compensation, the median was $120 per participant and 0.23% of net assets (nationally $123 and 0.26%). Schedule C leaves out fund expense ratios and fees the employer pays, so it understates total cost.
Where does this come from?
Form 5500 annual reports in the EBSA research files, with filings received through 24 Aug 2026. Medians are computed by this site across plans with 100 or more participants.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 and Form 5500-SF research files, public domain, with filings received through 24 Aug 2026. Totals count every pension plan on the full form; medians and the plan list cover plans with 100 or more participants. See the methodology.