401(k) · DOL Form 5500 · 2022

Hawaiian Electric Industries, Inc. 401(k) Plan

Data updated 2026-08-11

$621M
Total assets
2,630
Participants
98th
Percentile by assets
$235,962
Avg per participant
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Official DOL plan name: Hawaiian Electric Industries Retirement Savings Plan · Sponsored by Hawaiian Electric Industries, Inc. · Hawaii · Management of Enterprises

$621M in assets, 2,630 participants

Hawaiian Electric Industries, Inc.'s Hawaiian Electric Industries Retirement Savings Plan reported $621M in total assets and 2,630 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 139,126 plans)
  • #1,114 in Management of Enterprises (1,193 peers)

Coverage in Hawaii

Hawaiian Electric Industries Retirement Savings Plan covers 2,630 participants in Hawaii, 6.9x the typical Hawaii plan (state average ~380 per filing). Assets: $621M.

$621M
total plan assets (2022 EOY)
2,630
covered participants
98th
percentile by assets (of 139,126 plans)
$235,962
avg assets per participant

The plan reported a net loss of $164M 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 380 participants across 517 plans. Hawaiian Electric Industries Retirement Savings Plan reports 2,630 participants - 6.9x that state average ($621M EOY assets).

Hawaii filing particulars

Total Assets (Beginning of Year)$785M
Net Assets (End of Year)$621M
Net Income-$164M
Employer EIN990208097
Plan Effective Date1984-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hawaiian Electric Industries, Inc.)

$2.3B$2.4B$2.5B$2.6B$2.7B$2.8B 202220232024 $2.36B $2.69B ▲ +14.0%
Total plan assets by year, all Hawaiian Electric Industries, Inc. plans on file
Year Plans Participants Total Assets
2022 2 5,178 $2.4B
2023 2 5,085 $2.6B
2024 2 5,000 $2.7B

Nearby 401(k) Plans in Hawaii

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

Hawaiian Electric Industries Retirement Savings Plan vs. nearby 401(k) plans in Hawaii, assets vs. participants

Hawaiian Electric Industries Retirement Savings Plan vs. nearby 401(k) plans in Hawaii, assets vs. participants Scatter plot of 6 data points. 0200040006000800010000 00.511.5 Total assets ($B) Participants Hawaiian Electric In…The Queen's Health S…Bank of Hawaii Retir…Hawaiian Airlines, I…Kamehameha Schools 4…Hawaiian Airlines, I…
Hawaiian Electric Industries Retirement Savings Plan vs. nearby 401(k) plans in Hawaii, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Hawaiian Electric Industries Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Hawaiian Electric Industries Retirement Savings Plan assets move in 2022?
Hawaiian Electric Industries Retirement Savings Plan declined sharply - down 20.9% during 2022, from $785M to $621M. Reported net income was -$164M.
How have Hawaiian Electric Industries, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Hawaiian Electric Industries, Inc.'s sponsor-wide assets grew 14.3%, from $2.4B to $2.7B.
Where does Hawaiian Electric Industries Retirement Savings Plan rank by assets among Form 5500 filers?
Hawaiian Electric Industries Retirement Savings Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Hawaiian Electric Industries Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Willkie Farr & Gallagher LLP Retirement Savings Plan in NY ($620M, 1,412 participants).

Next read for Hawaiian Electric Industries Retirement …

Filing takeaways

Ways to act on Hawaiian Electric Industries Retirement Savings Plan's numbers.