Hawaii Medical Service Association Employee Thrift Plan — Form 5500 plan (Hawaii Medical Service Association)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Hawaii Medical Service Association Employee Thrift Plan is a benefit plan reported by Hawaii Medical Service Association under EIN 99-0040115 and plan number 002. The latest loaded filing year is 2023. The filing reports 2,128 participants and $433,504,459 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$433.5MPlan net assets, end of year$433,504,459
Participants2.1KCovered participants reported2,128
Assets / participant$203.7KComputed: assets ÷ participants$203,715 (computed)
Provider compensation$260K2 Schedule C provider row(s)$259,982
Plan sponsor
Hawaii Medical Service Association
EIN
99-0040115
Plan number
002
Plan type
2
Location
Honolulu, HI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,128H, C20241014134720NAL0015045811001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$433.5M total assets
Net assets$433.5MLiabilities$0
Money in vs. money out
Total income / additions$85.1M
Total expenses$33.4M
Benefits paid / distributions$33.1M
Contributions
Employer$5.9M
Participant$10.8M
Full reported line items

Net assets

Total assets (EOY)
$433,504,459
Total liabilities (EOY)
$0
Net assets (EOY)
$433,504,459
Net assets (BOY)
$381,856,497

Income & contributions

Employer contributions
$5,901,657
Participant contributions
$10,789,573
Total contributions
$17,256,089
Total income / additions
$85,051,505

Expenses & distributions

Benefits paid
$33,138,607
Administrative expenses
$253,131
Total expenses
$33,403,543
Net increase / (decrease)
$51,647,962
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 35%Participant 65%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income39%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
The Vanguard Group, Inc.NONE$165,233$02023
Vanguard Advisers Inc.NONE$94,749not reported in the loaded dataset2023

Related Form 5500 pages