401(k) · DOL Form 5500 · 2023

Central Pacific Financial Corp. 401(k) Plan

Data updated 2026-08-25

$172M
Total assets Near avg plan size
697
Participants Below avg headcount
94th
Percentile by assets National rank
$246,064
Avg per participant Above avg balance/head
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Official DOL plan name: Central Pacific Bank 401(k) Retirement Savings Plan · Sponsored by Central Pacific Financial Corp. · Hawaii · Finance & Insurance

$172M in assets, 697 participants

Central Pacific Financial Corp.'s Central Pacific Bank 401(k) Retirement Savings Plan reported $172M in total assets and 697 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • #8,044 in Finance & Insurance (8,869 peers)

Where Central Pacific Bank 401(k) Retirement Savings Plan sits by assets

Central Pacific Bank 401(k) Retirement Savings Plan sits in the top 10% of all filed plans by assets, $172M for 697 participants (~$246,064/participant), up 15.3% in 2023.

#8,044
in Finance & Insurance (8,869 peers)
+15.3%
assets growth YoY
1.7×
vs typical plan assets (national mean)

Central Pacific Bank 401(k) Retirement Savings Plan's outsized position by total assets

Central Pacific Bank 401(k) Retirement Savings Plan vs every filed plan by assets

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

$171,506,516 Top 6% higher than 94% 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

Central Pacific Bank 401(k) Retirement Savings 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. Central Pacific Bank 401(k) Retirement Savings Plan sits mid-pack in the medium band (697 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Central Pacific Bank 401(k) Retirement Savings Plan reported net income rose from -$29M in the plan year 2022 filing to $23M in the plan year 2023 filing.
  • Central Pacific Bank 401(k) Retirement Savings Plan end-of-year assets rose from $149M in the plan year 2022 filing to $172M in the plan year 2023 filing.
  • Central Pacific Bank 401(k) Retirement Savings Plan reported participants fell from 742 in the plan year 2022 filing to 697 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 990212597 · Central Pacific Financial Corp. PY 2023 · 401(k)

Central Pacific Bank 401(k) Retirement Savings Plan · $172M · 697 · 94th

  • IND $172M
  • EOY 697
  • 5500 94th
  • ASSETS 401(k)
  • PCT near Glenn O. Hawbaker, Inc. Benefit Plan
  • EIN ind #8044

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 →

Central Pacific Bank 401(k) Retirement Savings Plan in the asset neighbourhood

Kramer Levin Savings & Investment PlanKramer Levin Savings & Inves…$172MPpl Retirement Readiness Plan$172MChurchill Downs Incorporated 401(k) Retirement PlanChurchill Downs Incorporated…$172MCentral Pacific Bank 401(k) Retirement Savings PlanCentral Pacific Bank 401(k) …$172MGlenn O. Hawbaker, Inc. Benefit PlanGlenn O. Hawbaker, Inc. Bene…$171M
End-of-year total assets ($M) among Central Pacific Bank 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$149M
Net Assets (End of Year)$172M
Net Income$23M
Employer EIN990212597
Plan Effective Date1985-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Central Pacific Financial Corp.)

Sponsor-wide plan assets over time

All Central Pacific Financial Corp. plans reported in each filing year

Latest sponsor-wide plan assets
$188M 26.549465074988778% vs 2022
2024 filing year
$140M$160M$180M$200M 202220232024 $149M $188M ▲ +26.5%
Year Plans Participants Total Assets
2022 2 830 $149M
2023 1 697 $172M
2024 1 693 $188M

Nearby 401(k) Plans in Hawaii

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

Central Pacific Bank 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Hawaii, assets vs. participants Scatter plot of 6 data points. 0200040006000800010000 00.511.52 Total assets ($B) Participants Central Pacific Bank 401(k) Retirement Savings Plan, Total assets ($B): 0.171506516 · Participants: 697Central Pacific Bank 401(k) Retirement Savings 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
Central Pacific Bank 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Hawaii, assets vs. participants
Compare Central Pacific Bank 401(k) Retirement Savings Plan side-by-side with 3 peers →

Central Pacific Bank 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Hawaii, the nearest 401(k) by assets is Glenn O. Hawbaker, Inc. Benefit Plan in PA ($171M); by covered participants it is Open Arms Care Corporation Retirement Plan in TN (697 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($172M here).

Similar participant headcount

Nearest other-state filings by covered participants (697 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 Central Pacific Bank 401(k) Retirement Savings Plan assets move in 2023? ▼
Central Pacific Bank 401(k) Retirement Savings Plan grew sharply - up 15.3% during 2023, from $149M to $172M. Reported net income was $23M.
How have Central Pacific Financial Corp. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Central Pacific Financial Corp.'s sponsor-wide assets grew 26.5%, from $149M to $188M.
Where does Central Pacific Bank 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Central Pacific Bank 401(k) Retirement Savings Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Central Pacific Bank 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Glenn O. Hawbaker, Inc. Benefit Plan in PA ($171M, 989 participants).
Which 401(k) plans cover a similar participant headcount to Central Pacific Bank 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Open Arms Care Corporation Retirement Plan in TN (697 participants, $8M 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 990212597.

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.