Postretirement Welfare Benefits Plan For Employees Of Hawaiian Electric Company, Inc. And Participating Employers — Form 5500 plan (Hawaiian Electric Company, Inc.)
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, Postretirement Welfare Benefits Plan For Employees Of Hawaiian Electric Company, Inc. And Participating Employers is a benefit plan reported by Hawaiian Electric Company, Inc. under EIN 99-0040500 and plan number 515. The latest loaded filing year is 2023. The filing reports 4,398 participants and $187,615,588 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Hawaiian Electric Company, Inc.
- EIN
- 99-0040500
- Plan number
- 515
- Plan type
- 2
- Location
- Honolulu, HI
- Latest filing year
- 2023
- Participants
- 4,398
- End-of-year plan assets
- $187,615,588
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 4,398 | H, C | 20241015203754NAL0029628321001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $187,615,588
- Total liabilities (EOY)
- $3,851,662
- Net assets (EOY)
- $183,763,926
- Net assets (BOY)
- $166,966,878
Income & contributions
- Participant contributions
- $3,541,906
- Total contributions
- $3,541,906
- Total income / additions
- $27,816,188
Expenses & distributions
- Benefits paid
- $8,157,805
- Administrative expenses
- $2,861,335
- Total expenses
- $11,019,140
- Net increase / (decrease)
- $16,797,048
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Bank Of New York Mellon | NONE | $138,430 | $0 | 2023 |
| Invesco Trust Company | NONE | $66,810 | not reported in the loaded dataset | 2023 |
| Macquarie Investment Mgmt Advisers | NONE | $61,017 | $0 | 2023 |
| Nfj Investment Group, LLC | NONE | $59,110 | $0 | 2023 |
| Franklin Advisers, Inc. | NONE | $56,200 | $0 | 2023 |
| Earnest Partners | NONE | $53,841 | $457 | 2023 |
| Gamco Asset Management, Inc. | NONE | $45,656 | not reported in the loaded dataset | 2023 |
| Invesco Advisers, Inc. | NONE | $44,202 | $0 | 2023 |
| Willis Towers Watson Us LLC | NONE | $40,310 | not reported in the loaded dataset | 2023 |
| Merrill Lynch | NONE | $25,000 | not reported in the loaded dataset | 2023 |
| Cw Associates, A Hawaii Cpa Corp. | NONE | $19,688 | not reported in the loaded dataset | 2023 |
| Trucker Huss | NONE | $12,159 | not reported in the loaded dataset | 2023 |
| Lsm Consultants LLC | NONE | $5,254 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Hawaiian Electric Company, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in HI
- 401(k) and benefit plan filings in Honolulu, HI
- Bank Of New York Mellon — Schedule C compensation
- Invesco Trust Company — Schedule C compensation
- Macquarie Investment Mgmt Advisers — Schedule C compensation
- Nfj Investment Group, LLC — Schedule C compensation
- Franklin Advisers, Inc. — Schedule C compensation
- Earnest Partners — Schedule C compensation
- Gamco Asset Management, Inc. — Schedule C compensation
- Invesco Advisers, Inc. — Schedule C compensation
- Willis Towers Watson Us LLC — Schedule C compensation
- Merrill Lynch — Schedule C compensation
- Cw Associates, A Hawaii Cpa Corp. — Schedule C compensation
- Trucker Huss — Schedule C compensation
- Lsm Consultants LLC — Schedule C compensation