401(k) · DOL Form 5500 · 2023

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

Data updated 2026-08-25

$19M
Total assets Small plan by assets
116
Participants Small participant base
71st
Percentile by assets National rank
$160,695
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

$19M in assets, 116 participants

Hawaii Employers' Mutual Insurance Company Aka Hemic's Hemic 401(k) Retirement Plan reported $19M in total assets and 116 participants in its 2023 DOL Form 5500 filing, ranking in the 71st 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.

  • #5,105 in Finance & Insurance (8,869 peers)

Coverage in Hawaii

Hemic 401(k) Retirement Plan covers 116 participants in Hawaii, about 31% of the average Hawaii filer (state average ~380 per filing). Assets: $19M.

#5,105
in Finance & Insurance (8,869 peers)
+9.2%
assets growth YoY

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 2023 · DOL Form 5500

$18,640,625 Top 29% higher than 71% of 127,068 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 2023

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

Plan-year 2023 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 (116 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hemic 401(k) Retirement Plan reported net income rose from -$3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Hemic 401(k) Retirement Plan end-of-year assets rose from $17M in the plan year 2022 filing to $19M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 990330530 · Hawaii Employers' Mutual Insurance Company Aka Hemic PY 2023 · 401(k)

Hemic 401(k) Retirement Plan · $19M · 116 · 71st

  • SCH $19M
  • EBSA 116
  • PART 71st
  • TYPE 401(k)
  • NET near Gray Hunter Stenn LLP 401(k) Profit Sharing Plan & Trust
  • BOOK ind #5105

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$19MGray Hunter Stenn LLP 401(k) Profit Sharing Plan & TrustGray Hunter Stenn LLP 401(k)…$19MGap Solutions, Inc. 401(k) Profit Sharing Plan & TrustGap Solutions, Inc. 401(k) P…$19MCommon Sense Media 401(k) PlanCommon Sense Media 401(k) Pl…$19MShah Smith & Associates, Inc. Profit Sharing PlanShah Smith & Associates, Inc…$19M
End-of-year total assets ($M) among Hemic 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Hawaii filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$19M
Net Income$2M
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 -0.500.511.52 Total assets ($B) Participants Hemic 401(k) Retirement Plan, Total assets ($B): 0.018640625 · Participants: 116Hemic 401(k) Retirement PlanThe Queen's Health Systems Retirement Savings Plan, Total assets ($B): 1.628724442 · Participants: 8612The Queen's Health Systems Retirement Savings PlanBank of Hawaii Retirement Savings Plan, Total assets ($B): 0.75887371 · Participants: 2094Bank of Hawaii Retirement Savings PlanHawaiian Electric Industries Retirement Savings Plan, Total assets ($B): 0.68477192 · Participants: 2679Hawaiian Electric Industries Retirement Savings PlanHawaiian Airlines, Inc. Pilots' 401(k) Plan, Total assets ($B): 0.582282026 · Participants: 1021Hawaiian Airlines, Inc. Pilots' 401(k) PlanKamehameha Schools 401(k) Retirement Savings Plan, Total assets ($B): 0.557808033 · Participants: 2460Kamehameha 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 Gray Hunter Stenn LLP 401(k) Profit Sharing Plan & Trust in IL ($19M); by covered participants it is Commonwealth Electrical Technologies, Inc. 401(k) Plan in MA (116 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2023. 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 2023?
Hemic 401(k) Retirement Plan grew at a solid clip - up 9.2% during 2023, from $17M to $19M. Reported net income was $2M.
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.
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 Gray Hunter Stenn LLP 401(k) Profit Sharing Plan & Trust in IL ($19M, 51 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 Commonwealth Electrical Technologies, Inc. 401(k) Plan in MA (116 participants, N/A in assets).