form5500lookup

Form 5500 · Employee benefit plan · HONOLULU, HI

CENTRAL PACIFIC FINANCIAL CORP

The filing calls this plan CENTRAL PACIFIC BANK DENTAL PLAN.

Public Form 5500 records show how CENTRAL PACIFIC FINANCIAL CORP of HONOLULU, HI, a finance and insurance employer, structures its employee benefits. Coverage is written through HAWAII DENTAL SERVICE. The plan's most recent policy period ended in December.

Benefits broker of record
Not disclosed
Insurance carrier
Policy year ends
Decemberas filed for plan year 2023

Sourced from U.S. DOL EFAST2 Form 5500 · EIN 99-0212597 · plan 507 · plan year 2023, filed Jul 29, 2024

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How this plan is funded

Funding not settled by the filing

The filing does not report enough to settle how this plan pays for benefits.

All participants at the start of the year
686
Active at start of year
676
Active at end of year
657
Disclosed commissions
$0
Typical renewal
January 1

Benefits declared on this filing

Healthdeclared under plan 520
Dentalinsured — HAWAII DENTAL SERVICE1,129 of 686 participants
Visiondeclared under plan 520
Lifedeclared under plan 520
Disabilitydeclared under plan 520

Declared benefits are the plan’s own line 8b codes on Form 5500. “Not on Schedule A” means no insured contract for that line appears on this filing. That usually means the benefit is self-funded, or it sits under a different plan number.

Persons covered is the count the carrier filed for that policy at the end of its policy year, and it can include dependents. Participants is the plan's own count at the start of its plan year. The two count different people, so a covered figure can be larger.

Plan brief

The filing discloses a single insured line, dental, through HAWAII DENTAL SERVICE, covering 1,129 people.

Reported premium is $432,783; the filing discloses no broker commission on these contracts.

The most recent policy period ended in December, and the plan year ends December 31. Group contracts typically renew on that annual cycle.

No broker of record is named on the Schedule A. The contracts may be written directly with the carrier, or the broker fields were left blank on the filing.

Schedule A insurance contracts

CarrierBenefitsCoveredRenewsPremiumCommission
HAWAII DENTAL SERVICEDental1,129Jan 1, 2024$432,783$0

Premium and claims on this contract

HAWAII DENTAL SERVICE, contract 359. For the contract year on this filing, the carrier reported $432,783 in premium earned and $363,594 in claims incurred. Dividing one by the other gives 84%.

  • HAWAII DENTAL SERVICE, contract 359 reported $56,262 in retention.

Retention is what the carrier kept of the premium after claims, as reported: administration, commissions and other charges.

Only experience-rated contracts report these figures, so most filings leave them blank.

Covered = persons covered at policy year end, as filed on Schedule A for that policy — often certificates or one class, not the whole plan. Premium = the filing’s own premium/charges figure; “—” means not credibly reported.

See the filing at the Department of Labor

Administrator and service providers

Plan administrator on the filing
CENTRAL PACIFIC FINANCIAL CORP
EIN 99-0212597

The plan administrator is from line 3a of the main form. We publish company names only.

Other plans filed by this employer

How this plan compares

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