2023 Form 5500 filing — Central Pacific Bank 401(K) Retirement Savings Plan

Plain-English filing summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241218213126NAL0002361571001) for Central Pacific Bank 401(K) Retirement Savings Plan, reported by Central Pacific Financial Corp. under EIN 99-0212597 and plan number 003. It reports 1,331 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 3 · 2023

Filing snapshot

Net assets (EOY)$171.5MReported net assets$171,506,516
Participants1.3K1,331
Provider compensation$109.4K2 Schedule C row(s)$109,370
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241218213126NAL0002361571001
Plan sponsor
Central Pacific Financial Corp.
EIN
99-0212597
Plan number
003
Location
Honolulu, HI
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$171.5M total assets
Net assets$171.5MLiabilities$0
Money in vs. money out
Total income / additions$34M
Total expenses$11.2M
Benefits paid / distributions$11.1M
Contributions
Employer$2.4M
Participant$5.6M
Full reported line items
Total assets (EOY)
$171,506,516
Total liabilities (EOY)
$0
Net assets (EOY)
$171,506,516
Employer contributions
$2,410,435
Participant contributions
$5,621,562
Total income / additions
$33,975,491
Benefits paid
$11,127,162
Administrative expenses
$121,078
Total expenses
$11,248,240
Net increase / (decrease)
$22,727,251

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
The Vanguard Group, Inc.NONE$82,520$0
Vanguard Advisers Inc.NONE$26,850not reported in the loaded dataset

Related Form 5500 pages