Defined Benefit (Pension) · DOL Form 5500 · 2023

Hawaiian Electric Industries, Inc. Pension Plan

Data updated 2026-08-25

$1.9B
Total assets Very large vs avg
2,406
Participants Above avg headcount
99th
Percentile by assets National rank
$794,598
Avg per participant High balance/head
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Official DOL plan name: Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries · Sponsored by Hawaiian Electric Industries, Inc. · Hawaii · Management of Enterprises

$1.9B in assets, 2,406 participants

Hawaiian Electric Industries, Inc.'s Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries reported $1.9B in total assets and 2,406 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • #1,104 in Management of Enterprises (1,137 peers)

Coverage in Hawaii

Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries covers 2,406 participants in Hawaii, 6.3x the typical Hawaii plan (state average ~380 per filing). Assets: $1.9B.

#1,104
in Management of Enterprises (1,137 peers)
+10.1%
assets growth YoY
19×
vs typical plan assets (national mean)

Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries's outsized position by total assets

Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$1,911,802,590 Top 1% higher than 99% 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

Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries lands in the large band (2,406 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries reported net income rose from -$525M in the plan year 2022 filing to $163M in the plan year 2023 filing.
  • Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries end-of-year assets rose from $1.7B in the plan year 2022 filing to $1.9B in the plan year 2023 filing.
  • Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries reported participants fell from 2,548 in the plan year 2022 filing to 2,406 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 990208097 · Hawaiian Electric Industries, Inc. PY 2023 · Defined Benefit (Pension)

Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries · $1.9B · 2,406 · 99th

  • PART $1.9B
  • PART 2,406
  • PART 99th
  • PART Defined Benefit (Pension)
  • PART near Harley-Davidson Retirement Plan
  • PART ind #1104

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 Management of Enterprises retirement plans → · Plans in Hawaii →

Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries in the asset neighbourhood

Retirement Benefit Accumulation Plan for Employees of PwcRetirement Benefit Accumulat…$1.9BRetirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating SubsidiariesRetirement Plan for Employee…$1.9BHarley-Davidson Retirement PlanHarley-Davidson Retirement P…$1.9BGroup Retirement Income Plan No. 10Group Retirement Income Plan…$1.9BAramco U.S. Retirement Income PlanAramco U.S. Retirement Incom…$1.9B
End-of-year total assets ($B) among Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Hawaii filing particulars

Total Assets (Beginning of Year)$1.7B
Net Assets (End of Year)$1.9B
Net Income$163M
Employer EIN990208097
Plan Effective Date1941-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hawaiian Electric Industries, Inc.)

Sponsor-wide plan assets over time

All Hawaiian Electric Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2.7B 14.27216206298352% vs 2022
2024 filing year
$2.3B$2.4B$2.5B$2.6B$2.7B$2.8B 202220232024 $2.36B $2.69B ▲ +14.0%
Year Plans Participants Total Assets
2022 2 5,178 $2.4B
2023 2 5,085 $2.6B
2024 2 5,000 $2.7B

Nearby Defined Benefit (Pension) Plans in Hawaii

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

Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries vs. nearby Defined Benefit (Pension) plans in Hawaii, assets vs. participants Scatter plot of 6 data points. 02000400060008000 00.511.52 Total assets ($B) Participants Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries, Total assets ($B): 1.91180259 · Participants: 2406Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating SubsidiariesHotel Union and Hotel Industry of Hawaii Pension Plan, Total assets ($B): 0.704996682 · Participants: 7370Hotel Union and Hotel Industry of Hawaii Pension PlanPamcah-Ua Local 675 Pension Plan, Total assets ($B): 0.574975486 · Participants: 1505Pamcah-Ua Local 675 Pension PlanThe Queen's Health Systems Pension Plan, Total assets ($B): 0.505374398 · Participants: 5037The Queen's Health Systems Pension PlanHawaii Pacific Health Retirement Plan, Total assets ($B): 0.452484278 · Participants: 5550Hawaii Pacific Health Retirement PlanPamcah-Ua Local 675 Pension Plan, Total assets ($B): 0.446234538 · Participants: 1583Pamcah-Ua Local 675 Pension Plan
Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries vs. nearby Defined Benefit (Pension) plans in Hawaii, assets vs. participants
Compare Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries side-by-side with 3 peers →

Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Hawaii, the nearest Defined Benefit (Pension) by assets is Harley-Davidson Retirement Plan in WI ($1.9B); by covered participants it is Service Employees International Union Local 32bj, District 36 Building Operators Pension Trust Fund in PA (2,409 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.9B here).

Similar participant headcount

Nearest other-state filings by covered participants (2,406 participants); asset peers above are excluded.

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 Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries assets move in 2023? ▼
Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries grew at a solid clip - up 10.1% during 2023, from $1.7B to $1.9B. Reported net income was $163M.
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 Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries rank by assets among Form 5500 filers? ▼
Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Harley-Davidson Retirement Plan in WI ($1.9B, 1,560 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Service Employees International Union Local 32bj, District 36 Building Operators Pension Trust Fund in PA (2,409 participants, $128M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 990208097.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.