Defined Benefit (Pension) · DOL Form 5500 · 2024

The Queen's Health Systems Pension Plan

Data updated 2026-08-25

$468M
Total assets Above avg plan size
4,992
Participants Above avg headcount
97th
Percentile by assets National rank
$93,739
Avg per participant Below avg balance/head
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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.

  • #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.

#16,431
in Healthcare & Social Assistance (16,916 peers)
-7.4%
assets change YoY
4.7×
vs typical plan assets (national mean)

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.

The Queen's Health Systems Pension Plan's outsized position by total assets

The Queen's Health Systems Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$467,943,122 Top 3% higher than 97% of 123,620 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 2024

The Queen's Health Systems Pension Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Queen's Health Systems Pension Plan lands in the large band (4,992 participants).

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.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 990238120 · The Queen's Health Systems PY 2024 · Defined Benefit (Pension)

The Queen's Health Systems Pension Plan · $468M · 4,992 · 97th

  • EBSA $468M
  • PART 4,992
  • TYPE 97th
  • NET Defined Benefit (Pension)
  • BOOK near Parkview Health System, Inc. Employees Pension Plan
  • VS-ST ind #16431

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 Healthcare & Social Assistance retirement plans → · Plans in Hawaii →

The Queen's Health Systems Pension Plan in the asset neighbourhood

United Mine Workers of America 1985 Construction Workers Pension PlanUnited Mine Workers of Ameri…$470MParkview Health System, Inc. Employees Pension PlanParkview Health System, Inc.…$469MThe Queen's Health Systems Pension PlanThe Queen's Health Systems P…$468MBunge U.S. Pension Plan$466MIron Workers Pension Plan$466M
End-of-year total assets ($M) among The Queen's Health Systems Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Hawaii filing particulars

Total Assets (Beginning of Year)$505M
Net Assets (End of Year)$452M
Net Income-$22M
Employer EIN990238120
Plan Effective Date1958-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Queen's Health Systems)

Sponsor-wide plan assets over time

All The Queen's Health Systems plans reported in each filing year

Latest sponsor-wide plan assets
$2.5B 34.419050981085014% vs 2022
2024 filing year
$1.8B$2B$2.2B$2.4B$2.6B 202220232024 $1.88B $2.53B ▲ +34.6%
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 Scatter plot of 6 data points. 02000400060008000 00.511.52 Total assets ($B) Participants The Queen's Health Systems Pension Plan, Total assets ($B): 0.467943122 · Participants: 4992The Queen's Health Systems Pension PlanRetirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries, Total assets ($B): 1.91294567 · Participants: 2268Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating SubsidiariesHotel Union and Hotel Industry of Hawaii Pension Plan, Total assets ($B): 0.762813335 · Participants: 7636Hotel Union and Hotel Industry of Hawaii Pension PlanPamcah-Ua Local 675 Pension Plan, Total assets ($B): 0.622083628 · Participants: 1532Pamcah-Ua Local 675 Pension PlanHawaii Pacific Health Retirement Plan, Total assets ($B): 0.430124826 · Participants: 5658Hawaii Pacific Health Retirement PlanHawaii Longshore Pension Plan, Total assets ($B): 0.429966296 · Participants: 815Hawaii Longshore Pension Plan
The Queen's Health Systems Pension Plan vs. nearby Defined Benefit (Pension) plans in Hawaii, assets vs. participants

The Queen's Health Systems Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Hawaii, the nearest Defined Benefit (Pension) by assets is Parkview Health System, Inc. Employees Pension Plan in IN ($469M); by covered participants it is Hii Newport News Shipbuilding, Inc. Retirement Plan in VA (4,990 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($468M here).

Similar participant headcount

Nearest other-state filings by covered participants (4,992 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did The Queen's Health Systems Pension Plan assets move in 2024? ▼
The Queen's Health Systems Pension Plan pulled back noticeably - down 7.4% during 2024, from $505M to $468M. Reported net income was -$22M.
How have The Queen's Health Systems plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Queen's Health Systems's sponsor-wide assets grew 34.4%, from $1.9B to $2.5B.
Where does The Queen's Health Systems Pension Plan rank by assets among Form 5500 filers? ▼
The Queen's Health Systems Pension Plan ranks in the 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to The Queen's Health Systems Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Parkview Health System, Inc. Employees Pension Plan in IN ($469M, 1,374 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Queen's Health Systems Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Hii Newport News Shipbuilding, Inc. Retirement Plan in VA (4,990 participants, $3.5B in assets).