Defined Benefit (Pension) · DOL Form 5500 · 2024
The Queen's Health Systems Pension Plan
Data updated 2026-08-11
- $468M
- Total assets
- 4,992
- Participants
- 97th
- Percentile by assets
- $93,739
- Avg per participant
Official DOL plan name: The Queen's Health Systems Pension Plan · Sponsored by The Queen's Health Systems · Hawaii · Healthcare & Social Assistance
$468M in assets, 4,992 participants
The Queen's Health Systems's The Queen's Health Systems Pension Plan reported $468M in total assets and 4,992 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.
- 97th percentile by assets (of 123,622 plans)
- #16,431 in Healthcare & Social Assistance (16,916 peers)
Coverage in Hawaii
The Queen's Health Systems Pension Plan covers 4,992 participants in Hawaii, 13x the typical Hawaii plan (state average ~380 per filing). Assets: $468M.
- $468M
- total plan assets (2024 EOY)
- 4,992
- covered participants
- 97th
- percentile by assets (of 123,622 plans)
- $93,739
- avg assets per participant
The plan reported a net loss of $22M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- The Queen's Health Systems Pension Plan reported net income fell from $27M in the plan year 2023 filing to -$22M in the plan year 2024 filing.
- The Queen's Health Systems Pension Plan end-of-year assets fell from $505M in the plan year 2023 filing to $468M in the plan year 2024 filing.
- The Queen's Health Systems Pension Plan reported participants fell from 5,037 in the plan year 2023 filing to 4,992 in the plan year 2024 filing.
Participants vs Hawaii filers
In Hawaii, the average filing covers about 380 participants across 517 plans. The Queen's Health Systems Pension Plan reports 4,992 participants - 13x that state average ($468M EOY assets).
Hawaii filing particulars
| Total Assets (Beginning of Year) | $505M |
|---|---|
| Net Assets (End of Year) | $452M |
| Net Income | -$22M |
| Employer EIN | 990238120 |
| Plan Effective Date | 1958-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Queen's Health Systems)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 14,006 | $1.9B |
| 2023 | 3 | 14,236 | $2.2B |
| 2024 | 3 | 14,629 | $2.5B |
Nearby Defined Benefit (Pension) Plans in Hawaii
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
The Queen's Health Systems Pension Plan vs. nearby Defined Benefit (Pension) plans in Hawaii, assets vs. participants
- Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries $1.9B · 2,268
- Hotel Union and Hotel Industry of Hawaii Pension Plan $763M · 7,636
- Pamcah-Ua Local 675 Pension Plan $622M · 1,532
- Hawaii Pacific Health Retirement Plan $430M · 5,658
- Hawaii Longshore Pension Plan $430M · 815
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to The Queen's Health Systems Pension Plan by total assets, not by location.
- Parkview Health System, Inc. Employees Pension Plan (IN) $469M · 1,374
- United Mine Workers of America 1985 Construction Workers Pension Plan (WV) $470M · 197
- Bunge U.S. Pension Plan (MO) $466M · 1,072
- Iron Workers Pension Plan (NJ) $466M · 1,532
Frequently Asked Questions
How did The Queen's Health Systems Pension Plan assets move in 2024? ▼
How have The Queen's Health Systems plan assets changed over time? ▼
Where does The Queen's Health Systems Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to The Queen's Health Systems Pension Plan? ▼
Next read for The Queen's Health Systems Pension Plan
Filing takeaways
Ways to act on The Queen's Health Systems Pension Plan's numbers.
- By total assets, The Queen's Health Systems Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Hawaii. Compare plans
- The Queen's Health Systems's sponsor-wide assets have grown 34.4% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans