401(k) · DOL Form 5500 · 2023

Central Pacific Financial Corp. 401(k) Plan

Data updated 2026-08-11

$172M
Total assets
697
Participants
94th
Percentile by assets
$246,064
Avg per participant
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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.

  • 94th percentile by assets (of 127,072 plans)
  • #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.

$172M
total plan assets (2023 EOY)
697
covered participants
94th
percentile by assets (of 127,072 plans)
$246,064
avg assets per participant

Where Central Pacific Bank 401(k) Retirement Savings Plan sits 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 $2,010,000,000 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

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 →

State
Hawaii
Industry
Finance & Insurance

Central Pacific Bank 401(k) Retirement Savings Plan vs the 2023 asset distribution

By assets, Central Pacific Bank 401(k) Retirement Savings Plan outranks 94% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.7x the national average plan size of $100M (721 average participants).

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.)

$140M$160M$180M$200M 202220232024 $149M $188M ▲ +26.5%
Total plan assets by year, all Central Pacific Financial Corp. plans on file
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

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…The Queen's Health S…Bank of Hawaii Retir…Hawaiian Electric In…Hawaiian Airlines, I…Kamehameha Schools 4…
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 S… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Central Pacific Bank 401(k) Retirement Savings Plan by total assets, not by location.

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).

Next read for Central Pacific Bank 401(k) Retirement S…

Scale reading

Ways to act on Central Pacific Bank 401(k) Retirement Savings Plan's numbers.

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.