Defined Benefit (Pension)
2024 plan-year Defined Benefit (Pension) DOL Form 5500

American Savings Bank Retirement Plan

ERISA Form 5500 plan record drawn from DOL EBSA โ€” verify with linked source filings below.

Sponsored by American Savings Bank, F.S.B. ยท Hawaii ยท Finance & Insurance

What the 2023 filing shows

American Savings Bank Retirement Plan holds $113M for 231 participants - about $488,058 per participant, up 3.4% over the 2024 plan year.

$113M
total plan assets (2024 EOY)
231
covered participants
$488,058
avg assets per participant
+3.4%
assets growth YoY

The plan reported a net loss of $4M for the year โ€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$113M
Participants
231
State
Industry
Finance & Insurance

What the Filing Says About American Savings Bank Retirement Plan

American Savings Bank Retirement Plan is a Defined Benefit (Pension) retirement plan sponsored by American Savings Bank, F.S.B., headquartered in Hawaii. As of the 2024 Form 5500 filing, the plan reports $113M in total end-of-year assets and covers 231 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 990253492, and the plan has been effective since 1988-02-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $109M at the beginning of 2024 to $113M at year-end โ€” a gain of 3.4%. Net assets (after liabilities) closed the year at $97M, with reported net income of $-4,385,964 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows โ€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$109M
Total Assets (End of Year)$113M
Net Assets (End of Year)$97M
Net Income$-4,385,964
Plan TypeDefined Benefit (Pension)
Employer EIN990253492
Plan Effective Date1988-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American Savings Bank, F.S.B.)

Year Plans Participants Total Assets
2022 2 1,387 $267M
2023 2 1,339 $291M
2024 2 1,219 $312M

Nearby Defined Benefit (Pension) Plans in Hawaii

Peer Defined Benefit (Pension) plans โ€” same state, same plan type โ€” ranked by total assets.

Frequently Asked Questions

How much money is in the American Savings Bank Retirement Plan?
As of the 2024 Form 5500 filing, American Savings Bank Retirement Plan holds $113M in total assets with 231 participants. It is sponsored by American Savings Bank, F.S.B..
What type of plan is American Savings Bank Retirement Plan?
American Savings Bank Retirement Plan is a Defined Benefit (Pension) plan. It has been effective since 1988-02-01. The plan is filed with the U.S. Department of Labor under EIN 990253492.
Who sponsors the American Savings Bank Retirement Plan?
American Savings Bank Retirement Plan is sponsored by American Savings Bank, F.S.B., located in Hawaii. The sponsor's EIN is 990253492 and the plan operates in the Finance & Insurance industry.
How did American Savings Bank Retirement Plan perform in 2024?
American Savings Bank Retirement Plan grew by 3.4% during 2024, moving from $109M to $113M in total assets. Net income was $-4,385,964.
Where can I find official filings for American Savings Bank Retirement Plan?
Official Form 5500 filings for American Savings Bank Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 990253492 or plan name at efast.dol.gov.
How does American Savings Bank Retirement Plan compare to other plans?
You can compare American Savings Bank Retirement Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in Hawaii on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) โ€” original filing retrieval by EIN 990253492.

Reference: IRS Publication 560 โ€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B โ€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.