Defined Benefit (Pension) · DOL Form 5500 · 2022

The Queen's Health Systems Pension Plan

Data updated 2026-08-06

$478M
Total assets
5,260
Participants
98th
Percentile by assets
$90,785
Avg per participant
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Official DOL plan name: The Queen's Health Systems Pension Plan · Sponsored by The Queen's Health Systems · Hawaii · Healthcare & Social Assistance

$478M in assets, 5,260 participants

The Queen's Health Systems's The Queen's Health Systems Pension Plan reported $478M in total assets and 5,260 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 139,258 plans)
  • #19,688 in Healthcare & Social Assistance (20,087 peers)

Coverage in Hawaii

The Queen's Health Systems Pension Plan covers 5,260 participants in Hawaii, 14x the typical Hawaii plan (state average ~363 per filing). Assets: $478M.

$478M
total plan assets (2022 EOY)
5,260
covered participants
98th
percentile by assets (of 139,258 plans)
$90,785
avg assets per participant

The plan reported a net loss of $139M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Hawaii filers

In Hawaii, the average filing covers about 363 participants across 468 plans. The Queen's Health Systems Pension Plan reports 5,260 participants - 14x that state average ($478M EOY assets).

Hawaii filing particulars

Total Assets (Beginning of Year)$609M
Net Assets (End of Year)$447M
Net Income-$139M
Employer EIN990238120
Plan Effective Date1958-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Queen's Health Systems)

$1.8B$2B$2.2B$2.4B$2.6B 202220232024 $1.88B $2.53B ▲ +34.6%
Total plan assets by year, all The Queen's Health Systems plans on file
Year Plans Participants Total Assets
2022 3 14,006 $1.9B
2023 3 14,236 $2.2B
2024 3 14,629 $2.5B

Nearby Defined Benefit (Pension) Plans in Hawaii

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

The Queen's Health Systems Pension Plan vs. nearby Defined Benefit (Pension) plans in Hawaii, assets vs. participants

The Queen's Health Systems Pension Plan vs. nearby Defined Benefit (Pension) plans in Hawaii, assets vs. participants Scatter plot of 6 data points. 02000400060008000 00.511.52 Total assets ($B) Participants The Queen's Health S…Retirement Plan for …Hotel Union and Hote…Pamcah-Ua Local 675 …Hawaii Pacific Healt…Hawaii Longshore Pen…
The Queen's Health Systems Pension Plan vs. nearby Defined Benefit (Pension) plans in Hawaii, assets vs. participants

Scale composition for The Queen's Health Systems Pension Plan

The Queen's Health Systems Pension Plan reports $478M in end-of-year assets across 5,260 participants (0.004% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.006% of 89,805,449 covered participants) - about $90,785 per participant (66% of the national average assets-per-participant) . Net income for plan year 2022 was -$139M.

This plan identity (EIN 990238120, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $478M to $468M (-2.0%) while covered participants moved from 5,260 to 4,992 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,260 $478M This page
2023 5,037 $505M Open filing
2024 · index core 4,992 $468M Open filing

The same sponsor also keeps 3 other index-core plans on PlainRetire:

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to The Queen's Health Systems Pension Plan by total assets, not by location.

Frequently Asked Questions

How did The Queen's Health Systems Pension Plan assets move in 2022?
The Queen's Health Systems Pension Plan declined sharply - down 21.6% during 2022, from $609M to $478M. Reported net income was -$139M.
How have The Queen's Health Systems plan assets changed over time?
Across 3 plan years on file (2022-2024), The Queen's Health Systems's sponsor-wide assets grew 34.4%, from $1.9B to $2.5B.
Where does The Queen's Health Systems Pension Plan rank by assets among Form 5500 filers?
The Queen's Health Systems Pension Plan ranks in the 98th percentile by end-of-year assets among 139,258 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to The Queen's Health Systems Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pension Plan of Tallahassee Memorial Healthcare, Inc. in FL ($477M, 511 participants).

Next read for The Queen's Health Systems Pension Plan

Filing takeaways

Ways to act on The Queen's Health Systems Pension Plan's numbers.