Maui Makes List of Best 401(k) Plans in State
April 27, 2016, 10:33 AM HST · Updated April 27, 10:34 AM 0 Comments
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.
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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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