Who sponsors the Central Pacific Bank 401(K) Retirement Savings Plan?

Central Pacific Bank 401(K) Retirement Savings Plan is reported as sponsored by Central Pacific Financial Corp. (EIN 99-0212597, plan number 003) in public Form 5500 filings.

What is the most recent Form 5500 filing year for Central Pacific Bank 401(K) Retirement Savings Plan?

The latest Form 5500 filing year loaded for Central Pacific Bank 401(K) Retirement Savings Plan is 2023.

How many participants does Central Pacific Bank 401(K) Retirement Savings Plan report?

Central Pacific Bank 401(K) Retirement Savings Plan reports 1,331 participants in its latest loaded Form 5500 filing.

What are the reported plan assets for Central Pacific Bank 401(K) Retirement Savings Plan?

Central Pacific Bank 401(K) Retirement Savings Plan reports $171,506,516 in end-of-year plan assets in its latest loaded Form 5500 filing.

Central Pacific Bank 401(K) Retirement Savings Plan — Form 5500 plan (Central Pacific Financial Corp.)

Plain-English plan 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, Central Pacific Bank 401(K) Retirement Savings Plan is a benefit plan reported by Central Pacific Financial Corp. under EIN 99-0212597 and plan number 003. The latest loaded filing year is 2023. The filing reports 1,331 participants and $171,506,516 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$171.5MPlan net assets, end of year$171,506,516

Participants1.3KCovered participants reported1,331

Assets / participant$128.9KComputed: assets ÷ participants$128,855 (computed)

Provider compensation$109.4K2 Schedule C provider row(s)$109,370

Plan sponsor: Central Pacific Financial Corp.
EIN: 99-0212597
Plan number: 003
Plan type: 3
Location: Honolulu, HI
Latest filing year: 2023

Form 5500 filing history

Filings loaded for this plan
Filing year	Participants	Schedules	Filing
2023	1,331	H, C	20241218213126NAL0002361571001

Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

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

Net assets

Total assets (EOY): $171,506,516
Total liabilities (EOY): $0
Net assets (EOY): $171,506,516
Net assets (BOY): $148,779,265

Income & contributions

Employer contributions: $2,410,435
Participant contributions: $5,621,562
Total contributions: $8,312,569
Total income / additions: $33,975,491

Expenses & distributions

Benefits paid: $11,127,162
Administrative expenses: $121,078
Total expenses: $11,248,240
Net increase / (decrease): $22,727,251

Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)

30%70%

Employer 30%Participant 70%

Total expenses ÷ net assets7%Computed ratio

Benefits paid ÷ total income33%Computed ratio

Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
Provider	Service	Direct comp.	Indirect comp.	Year
The Vanguard Group, Inc.	NONE	$82,520	$0	2023
Vanguard Advisers Inc.	NONE	$26,850	not reported in the loaded dataset	2023