401(k) · DOL Form 5500 · 2022

Hawaii Employers' Mutual Insurance Company Aka Hemic 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
115
Participants Small participant base
75th
Percentile by assets National rank
$148,413
Avg per participant Above avg balance/head
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Official DOL plan name: Hemic 401(k) Retirement Plan · Sponsored by Hawaii Employers' Mutual Insurance Company Aka Hemic · Hawaii · Finance & Insurance

$17M in assets, 115 participants

Hawaii Employers' Mutual Insurance Company Aka Hemic's Hemic 401(k) Retirement Plan reported $17M in total assets and 115 participants in its 2022 DOL Form 5500 filing, ranking in the 75th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #5,592 in Finance & Insurance (9,261 peers)

Coverage in Hawaii

Hemic 401(k) Retirement Plan covers 115 participants in Hawaii, about 30% of the average Hawaii filer (state average ~380 per filing). Assets: $17M.

#5,592
in Finance & Insurance (9,261 peers)
-15.0%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hemic 401(k) Retirement Plan's outsized position by total assets

Hemic 401(k) Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$17,067,518 Top 25% higher than 75% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Hemic 401(k) Retirement Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hemic 401(k) Retirement Plan sits mid-pack in the medium band (115 participants).

DOL schedule card

Filing strip 990330530 · Hawaii Employers' Mutual Insurance Company Aka Hemic PY 2022 · 401(k)

Hemic 401(k) Retirement Plan · $17M · 115 · 75th

  • RANK $17M
  • PHOTO 115
  • IND 75th
  • EOY 401(k)
  • 5500 near Safford Automotive Group 401(k) Plan
  • ASSETS ind #5592

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Hawaii →

Hemic 401(k) Retirement Plan in the asset neighbourhood

Hemic 401(k) Retirement Plan$17MSafford Automotive Group 401(k) PlanSafford Automotive Group 401…$17MNitsch Engineering, Inc. 401(k) PlanNitsch Engineering, Inc. 401…$17MDacotah Paper Company Employees Profit Sharing PlanDacotah Paper Company Employ…$17MVaniam Group LLC 401(k) Plan$17M
End-of-year total assets ($M) among Hemic 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Hawaii filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$17M
Net Income-$3M
Employer EIN990330530
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hawaii Employers' Mutual Insurance Company Aka Hemic)

Sponsor-wide plan assets over time

All Hawaii Employers' Mutual Insurance Company Aka Hemic plans reported in each filing year

Latest sponsor-wide plan assets
$22M 29.238680164274616% vs 2022
2024 filing year
$16M$18M$20M$22M$24M 202220232024 $17.1M $22.1M ▲ +29.2%
Year Plans Participants Total Assets
2022 1 115 $17M
2023 1 116 $19M
2024 1 116 $22M

Nearby 401(k) Plans in Hawaii

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Hemic 401(k) Retirement Plan vs. nearby 401(k) plans in Hawaii, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -0.500.511.5 Total assets ($B) Participants Hemic 401(k) Retirement Plan, Total assets ($B): 0.017067518 · Participants: 115Hemic 401(k) Retirement PlanThe Queen's Health Systems Retirement Savings Plan, Total assets ($B): 1.303213481 · Participants: 8104The Queen's Health Systems Retirement Savings PlanBank of Hawaii Retirement Savings Plan, Total assets ($B): 0.679386573 · Participants: 2022Bank of Hawaii Retirement Savings PlanHawaiian Electric Industries Retirement Savings Plan, Total assets ($B): 0.620580397 · Participants: 2630Hawaiian Electric Industries Retirement Savings PlanHawaiian Airlines, Inc. Pilots' 401(k) Plan, Total assets ($B): 0.459837917 · Participants: 856Hawaiian Airlines, Inc. Pilots' 401(k) PlanKamehameha Schools 401(k) Retirement Savings Plan, Total assets ($B): 0.456197903 · Participants: 2997Kamehameha Schools 401(k) Retirement Savings Plan
Hemic 401(k) Retirement Plan vs. nearby 401(k) plans in Hawaii, assets vs. participants

Hemic 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Hawaii, the nearest 401(k) by assets is Safford Automotive Group 401(k) Plan in VA ($17M); by covered participants it is 360 Physical Therapy 401(k) Profit Sharing Plan in AZ (115 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($17M here).

Similar participant headcount

Nearest other-state filings by covered participants (115 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Hemic 401(k) Retirement Plan assets move in 2022?
Hemic 401(k) Retirement Plan declined sharply - down 15.0% during 2022, from $20M to $17M. Reported net income was -$3M.
How have Hawaii Employers' Mutual Insurance Company Aka Hemic plan assets changed over time?
Across 3 plan years on file (2022-2024), Hawaii Employers' Mutual Insurance Company Aka Hemic's sponsor-wide assets grew 29.2%, from $17M to $22M.
Where does Hemic 401(k) Retirement Plan rank by assets among Form 5500 filers?
Hemic 401(k) Retirement Plan ranks in the 75th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Hemic 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Safford Automotive Group 401(k) Plan in VA ($17M, 543 participants).
Which 401(k) plans cover a similar participant headcount to Hemic 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is 360 Physical Therapy 401(k) Profit Sharing Plan in AZ (115 participants, N/A in assets).