Money Purchase · DOL Form 5500 · 2022

Hawaii Carpenters Financial Security Money Purchase Plan

Data updated 2026-08-06

$492M
Total assets
4,036
Participants
98th
Percentile by assets
$122,020
Avg per participant
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Official DOL plan name: Hawaii Carpenters Financial Security Fund · Sponsored by Hawaii Carpenters Financial Security · Hawaii · Construction

$492M in assets, 4,036 participants

Hawaii Carpenters Financial Security's Hawaii Carpenters Financial Security Fund reported $492M in total assets and 4,036 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)
  • #9,717 in Construction (9,938 peers)

Coverage in Hawaii

Hawaii Carpenters Financial Security Fund covers 4,036 participants in Hawaii, 11x the typical Hawaii plan (state average ~363 per filing). Assets: $492M.

$492M
total plan assets (2022 EOY)
4,036
covered participants
98th
percentile by assets (of 139,258 plans)
$122,020
avg assets per participant

The plan reported a net loss of $46M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Hawaii filers

In Hawaii, the average filing covers about 363 participants across 468 plans. Hawaii Carpenters Financial Security Fund reports 4,036 participants - 11x that state average ($492M EOY assets).

Hawaii filing particulars

Total Assets (Beginning of Year)$541M
Net Assets (End of Year)$491M
Net Income-$46M
Employer EIN990264272
Plan Effective Date1988-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hawaii Carpenters Financial Security)

$400M$500M$600M$700M 202220232024 $492M $662M ▲ +34.5%
Total plan assets by year, all Hawaii Carpenters Financial Security plans on file
Year Plans Participants Total Assets
2022 1 4,036 $492M
2023 1 3,972 $577M
2024 1 4,066 $662M

Nearby Money Purchase Plans in Hawaii

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Hawaii Carpenters Financial Security Fund vs. nearby Money Purchase plans in Hawaii, assets vs. participants

Hawaii Carpenters Financial Security Fund vs. nearby Money Purchase plans in Hawaii, assets vs. participants Scatter plot of 6 data points. 010002000300040005000 0100200300400500600 Total assets ($M) Participants Hawaii Carpenters Fi…Pamcah-Ua Local 675 …Hawaii Laborers' Ann…Hawaii Sheet Metal W…Hawaii Masons and Pl…First Hawaiian, Inc.…
Hawaii Carpenters Financial Security Fund vs. nearby Money Purchase plans in Hawaii, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Hawaii Carpenters Financial Security Fund by total assets, not by location.

Frequently Asked Questions

How did Hawaii Carpenters Financial Security Fund assets move in 2022?
Hawaii Carpenters Financial Security Fund pulled back noticeably - down 8.9% during 2022, from $541M to $492M. Reported net income was -$46M.
How have Hawaii Carpenters Financial Security plan assets changed over time?
Across 3 plan years on file (2022-2024), Hawaii Carpenters Financial Security's sponsor-wide assets grew 34.5%, from $492M to $662M.
Where does Hawaii Carpenters Financial Security Fund rank by assets among Form 5500 filers?
Hawaii Carpenters Financial Security Fund 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 Money Purchase plans are similar in size to Hawaii Carpenters Financial Security Fund?
Among Money Purchase plans in other states, the closest by assets is Iron Workers District Council of New England Annuity Fund in MA ($500M, 6,992 participants).

Next read for Hawaii Carpenters Financial Security Fun…

Filing takeaways

Ways to act on Hawaii Carpenters Financial Security Fund's numbers.

  • By total assets, Hawaii Carpenters Financial Security Fund ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in Hawaii. Compare plans
  • Hawaii Carpenters Financial Security's sponsor-wide assets have grown 34.5% since 2022 across 3 plan years on file. More Construction plans