401(k) · DOL Form 5500 · 2024

Bank of Hawaii 401(k) Plan

Data updated 2026-08-06

$820M
Total assets
1,895
Participants
98th
Percentile by assets
$432,674
Avg per participant
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Official DOL plan name: Bank of Hawaii Retirement Savings Plan · Sponsored by Bank of Hawaii · Hawaii · Finance & Insurance

$820M in assets, 1,895 participants

Bank of Hawaii's Bank of Hawaii Retirement Savings Plan reported $820M in total assets and 1,895 participants in its 2024 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 116,472 plans)
  • #7,958 in Finance & Insurance (8,240 peers)

Coverage in Hawaii

Bank of Hawaii Retirement Savings Plan covers 1,895 participants in Hawaii, 5.2x the typical Hawaii plan (state average ~363 per filing). Assets: $820M.

$820M
total plan assets (2024 EOY)
1,895
covered participants
98th
percentile by assets (of 116,472 plans)
$432,674
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bank of Hawaii Retirement Savings Plan reported net income fell from $79M in the plan year 2023 filing to $61M in the plan year 2024 filing.
  • Bank of Hawaii Retirement Savings Plan reported participants fell from 2,094 in the plan year 2023 filing to 1,895 in the plan year 2024 filing.
  • Bank of Hawaii Retirement Savings Plan end-of-year assets rose from $759M in the plan year 2023 filing to $820M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Participants vs Hawaii filers

In Hawaii, the average filing covers about 363 participants across 468 plans. Bank of Hawaii Retirement Savings Plan reports 1,895 participants - 5.2x that state average ($820M EOY assets).

Hawaii filing particulars

Total Assets (Beginning of Year)$759M
Net Assets (End of Year)$820M
Net Income$61M
Employer EIN990033900
Plan Effective Date1962-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bank of Hawaii)

$700M$750M$800M$850M$900M$950M 202220232024 $759M $895M ▲ +17.9%
Total plan assets by year, all Bank of Hawaii plans on file
Year Plans Participants Total Assets
2022 2 2,290 $759M
2023 2 2,327 $837M
2024 2 2,107 $895M

Nearby 401(k) Plans in Hawaii

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

Bank of Hawaii Retirement Savings Plan vs. nearby 401(k) plans in Hawaii, assets vs. participants

Bank of Hawaii Retirement Savings Plan vs. nearby 401(k) plans in Hawaii, assets vs. participants Scatter plot of 6 data points. 0200040006000800010000 00.511.522.5 Total assets ($B) Participants Bank of Hawaii Retir…The Queen's Health S…Hawaiian Electric In…Hawaiian Airlines, I…Kamehameha Schools 4…Hawaiian Airlines, I…
Bank of Hawaii 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 Bank of Hawaii Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Bank of Hawaii Retirement Savings Plan assets move in 2024?
Bank of Hawaii Retirement Savings Plan grew at a solid clip - up 8.0% during 2024, from $759M to $820M. Reported net income was $61M.
How have Bank of Hawaii plan assets changed over time?
Across 3 plan years on file (2022-2024), Bank of Hawaii's sponsor-wide assets grew 17.9%, from $759M to $895M.
Where does Bank of Hawaii Retirement Savings Plan rank by assets among Form 5500 filers?
Bank of Hawaii Retirement Savings Plan ranks in the 98th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Bank of Hawaii Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Tmna, Inc. 401(k) Plan in NJ ($820M, 3,073 participants).

Next read for Bank of Hawaii Retirement Savings Plan

Filing takeaways

Ways to act on Bank of Hawaii Retirement Savings Plan's numbers.