The Hana Group, Inc. 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2019. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

The Hana Group, Inc. 401(k) Plan Facts (plan year 2019)

Plan name
THE HANA GROUP, INC. RETIREMENT PLAN
Plan type
401(k) and profit sharing
Plan sponsor
THE HANA GROUP, INC.
Participants
928 (923 active employees)
Former employees with a balance
168
Plan assets
$10,405,811 at Dec 31, 2019
Average account balance
$16,757 across 621 accounts
Employer contributions
$1,594,315 in plan year 2019 (60% of all contributions)
Recordkeeper
Newport Group, Inc.
Plan year
Jan 1, 2019 – Dec 31, 2019
Plan established
Mar 1, 2005
— Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2019 (Jan 1, 2019 – Dec 31, 2019), filed Oct 15, 2020. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2019

  • $2.64 million went into the plan in contributions, $1.59 million of it from the employer (60%).
  • $940,267 was paid out to participants.
  • Investment and other income added $1.57 million.
  • Administrative expenses were $87,061, about $140 per account.

How the The Hana Group, Inc. 401(k) changed, 2014–2019

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2014566$2.71 million$182,912$444,176
2015719$3.36 million$468,468$359,412
2016970$4.85 million$1.26 million$682,982
2017948$7.19 million$1.46 million$642,228
2018917$7.29 million$1.25 million$1.45 million
2019928$10.4 million$1.59 million$940,267

The Hana Group, Inc. 401(k) Contact Information

Phone
808-522-7278
Mailing address
841 BISHOP STREET, STE 1050 DAVIES PACIFIC CENTER, HONOLULU HI 96813
Plan sponsor
THE HANA GROUP, INC.
Employer identification number (EIN)
99-0320188
Plan number
001

Questions about the The Hana Group, Inc. 401(k)

Is the The Hana Group, Inc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2019, and no later filing was found under this employer's EIN.

Does The Hana Group, Inc contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $1.59 million in employer contributions for plan year 2019.

Does the The Hana Group, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the The Hana Group, Inc 401(k) plan?

928 participants at the start of plan year 2019, 923 of them active employees, and 168 former employees who still had money in the plan.

What is the average 401(k) balance at The Hana Group, Inc?

About $16,757 per account: $10.4 million in plan assets across 621 accounts with a balance at the end of plan year 2019.

Who manages the The Hana Group, Inc 401(k) accounts?

Newport (an Ascensus company) (listed on the filing as NEWPORT GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

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