Maui Business

Maui Makes List of Best 401(k) Plans in State

April 27, 2016, 10:33 AM HST
* Updated April 27, 10:34 AM
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The best 401(k) benefit plans, SmartAsset graphic.

The best 401(k) benefit plans in Hawai‘i. SmartAsset graphic.

A recent study by New York financial technology company SmartAsset revealed that Wailuku, Lahaina and Kahului made the top 10 list of Hawai‘i communities that have the best 401(k) benefit plans.

The study compared employer contributions to total contributions, as well as investment performance and administrative fees in cities across the country.

For a more detailed look at the leaders in the state, check out the table below.

Rank City Employer Contribution % Investment Performance Administrative Fees Best 401(k) Plans Index
1 Wahiawa 90.8% 5.1% 0.7% 81.63
2 Kapolei 34.2% 5.3% 0.2% 72.65
3 Schofield Barracks 25.8% 3.8% 0.1% 71.47
4 Pearl City 34.5% 4.9% 0.3% 71.45
5 Hilo 27.8% 5.0% 0.2% 70.58
6 Wailuku 38.2% 4.4% 0.4% 70.08
7 Kailua 20.6% 6.5% 0.2% 69.91
8 Lahaina 28.0% 5.7% 0.4% 68.27
9 Kahului 23.8% 4.9% 0.4% 65.43
10 Waipahu 15.2% 5.0% 0.3% 65.33

The full study results, methodology and interactive map can be found online.

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