Profit Sharing · DOL Form 5500 · 2024

Hawaii Electricians Annuity Plan Profit Sharing Plan

Data updated 2026-08-11

$438M
Total assets
2,222
Participants
97th
Percentile by assets
$196,976
Avg per participant
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Official DOL plan name: Hawaii Electricians Annuity Plan · Sponsored by Hawaii Electricians Annuity Plan · Hawaii · Construction

$438M in assets, 2,222 participants

Hawaii Electricians Annuity Plan's Hawaii Electricians Annuity Plan reported $438M in total assets and 2,222 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)
  • #8,719 in Construction (9,039 peers)

Coverage in Hawaii

Hawaii Electricians Annuity Plan covers 2,222 participants in Hawaii, 5.8x the typical Hawaii plan (state average ~380 per filing). Assets: $438M.

$438M
total plan assets (2024 EOY)
2,222
covered participants
97th
percentile by assets (of 123,622 plans)
$196,976
avg assets per participant

The plan reported a net loss of $10M 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

  • Hawaii Electricians Annuity Plan reported net income fell from $46M in the plan year 2023 filing to -$10M in the plan year 2024 filing.
  • Hawaii Electricians Annuity Plan end-of-year assets fell from $450M in the plan year 2023 filing to $438M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Hawaii filers

In Hawaii, the average filing covers about 380 participants across 517 plans. Hawaii Electricians Annuity Plan reports 2,222 participants - 5.8x that state average ($438M EOY assets).

Hawaii filing particulars

Total Assets (Beginning of Year)$450M
Net Assets (End of Year)$437M
Net Income-$10M
Employer EIN996020486
Plan Effective Date1969-08-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Hawaii Electricians Annuity Plan)

$380M$400M$420M$440M$460M 202220232024 $402M $438M ▲ +8.9%
Total plan assets by year, all Hawaii Electricians Annuity Plan plans on file
Year Plans Participants Total Assets
2022 1 2,531 $402M
2023 1 2,215 $450M
2024 1 2,222 $438M

Nearby Profit Sharing Plans in Hawaii

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Hawaii Electricians Annuity Plan vs. nearby Profit Sharing plans in Hawaii, assets vs. participants

Hawaii Electricians Annuity Plan vs. nearby Profit Sharing plans in Hawaii, assets vs. participants Scatter plot of 6 data points. 05001000150020002500 -1000100200300400500 Total assets ($M) Participants Hawaii Electricians …Hawaii Sheet Metal W…Simplicityhr 401(k) …Hawaiiusa Fcu Retire…Hawaiian Dredging Co…Hawaii Island Commun…
Hawaii Electricians Annuity Plan vs. nearby Profit Sharing plans in Hawaii, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Hawaii Electricians Annuity Plan by total assets, not by location.

Frequently Asked Questions

How did Hawaii Electricians Annuity Plan assets move in 2024?
Hawaii Electricians Annuity Plan edged down modestly - down 2.8% during 2024, from $450M to $438M. Reported net income was -$10M.
How have Hawaii Electricians Annuity Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Hawaii Electricians Annuity Plan's sponsor-wide assets grew 8.9%, from $402M to $438M.
Where does Hawaii Electricians Annuity Plan rank by assets among Form 5500 filers?
Hawaii Electricians Annuity 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 Profit Sharing plans are similar in size to Hawaii Electricians Annuity Plan?
Among Profit Sharing plans in other states, the closest by assets is Sidley Austin LLP Retirement Plan for Partners in IL ($435M, 638 participants).

Next read for Hawaii Electricians Annuity Plan

Filing takeaways

Ways to act on Hawaii Electricians Annuity Plan's numbers.

  • By total assets, Hawaii Electricians Annuity Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Hawaii. Compare plans
  • Hawaii Electricians Annuity Plan's sponsor-wide assets have grown 8.9% since 2022 across 3 plan years on file. More Construction plans