Original filing (PDF)20251014154436NAL0001636579001

THE QUEEN'S HEALTH SYSTEMS

Name: THE QUEEN'S HEALTH SYSTEMS — THE QUEEN'S HEALTH SYSTEMS PENSION PLAN, Form 5500 (2024)
Creator: THE QUEEN'S HEALTH SYSTEMS

Form 5500

FILING_RECEIVED

THE QUEEN'S HEALTH SYSTEMS PENSION PLAN

Defined-benefit pension plan

Signals · 2

No recordkeeper disclosed9 service providers

Active participants

4,844

Accounts w/ balance

—

Plan assets (EOY)

$467.9M

Net assets (EOY)

$452.0M

How this plan invests

This plan

5 pooled trusts

Schedule D

402 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score (directional)

/ 100

Grade A

Top-tier plan health

Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.

Compliance & disclosures

100

Concentration risk

100

Total plan cost

Vendor stack

Participation health

100

Knocking points off

38 bps in Schedule C fees — 284% above peer band of 10 bps.
No recordkeeper disclosed on Schedule C.

Decision-maker contacts

CFO / Head of HR / Benefits Manager — verified email + LinkedIn for THE QUEEN'S HEALTH SYSTEMS.

Plan sponsor

Name

THE QUEEN'S HEALTH SYSTEMS

EIN

99-0238120

Address

1301 PUNCHBOWL STREET · HONOLULU, HI · 96813

Phone

(808) 691-7523

Industry

Health Care & Social Assistancesee all

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-14

Pension benefit codes

1A · Pay-related DB formula

1C · Cash balance or similar hybrid DB

3H · Sponsor in controlled / affiliated group

Audit & trust (Schedule H)

Auditor

KKDLY

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

9 rows

Advisor / Consultant

Name	EIN	Location	Relation	Direct comp	Indirect comp
TCW ASSET MANAGEMENT CO	95-2642764	—	INVESTMENT MANAGMENT	$502K	—
ARROWSTREET CAPITAL	04-3472863	—	INVESTMENT MANAGEMENT	$189K	—
DISCIPLINED GROWTH INVESTORS, INC	41-1901233	—	INVESTMENT MANAGEMENT	$50K	—
CALLAN ASSOCIATES	92-2192581	—	INVESTMENT MANAGEMENT	$48K	—
STATE STREET BANK AND TRUST	04-1867445	—	INVESTMENT MANAGEMENT	$14K	—

Accountant / Auditor

Name	EIN	Location	Relation	Direct comp	Indirect comp
KKDLY LLC	99-0292355	—	AUDIT	$19K	—

Legal counsel

Name	EIN	Location	Relation	Direct comp	Indirect comp
CARLSMITH BALL	99-0035220	—	LEGAL	$7K	—

Other

Name	EIN	Location	Relation	Direct comp	Indirect comp
FIDELITY INVESTMENT	04-3523567	—	CONSULTING	$886K	—
THE BANK OF NEW YORK MELLON	13-5160382	—	NONE	$83K	—

Investments

361 direct securities · 5 pooled funds· $453.7M(97% of reported assets)

Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.

Uncategorized

$333.8M

361 holdings

Common Collective Trust

$92.7M

4 holdings

103-12 Investment Entity

$27.2M

1 holding

Investment	Type	Shares / units	Cost	Current value	% of plan
U S TREASURY BOND 59,510,000 units	—	—	$60.4M	$57.8M	12.3%
U S TREASURY BOND 53,040,000 units	—	—	$52.5M	$50.7M	10.8%
EB TEMP INV FD BNY MELLON INVESTMENTS · EIN 25-6078093 / PN 023	Common Collective Trust	—	$42.3M	$42.3M	9.0%
SSGA S&P 500 FLAGSHIP NL STATE STREET GLOBAL ADVISORS · EIN 04-0025081 / PN 003	Common Collective Trust	—	$14.6M	$40.5M	8.7%
ARROWSTREET USGT ACWI EX FUND ARROWSTREET CAPITAL · EIN 45-6500555 / PN 001	103-12 Investment Entity	—	$15.0M	$27.2M	5.8%
COMMONFUND VENTURE PTNRS XI LP 14,184,643 units	—	—	$5.3M	$14.2M	3.0%
FARALLON CAP INSTL PTNR 5,642,067 units 1	—	—	—	$14.0M	3.0%
U S TREASURY BOND 14,840,000 units	—	—	$14.8M	$13.4M	2.9%
GROSVENOR INSTL PARTNERS LP 13,214,401 units	—	—	$7.6M	$13.2M	2.8%
U S TREASURY NOTE 12,836,000 units	—	—	$12.7M	$12.5M	2.7%
COMMONFUND US PRIVATE EQUITY IX 11,547,462 units	—	—	$6.0M	$11.5M	2.5%
SSGA MSCI EAFE INDEX NL STATE STREET GLOBAL ADVISORS · EIN 04-0025081 / PN 241	Common Collective Trust	—	$6.4M	$8.7M	1.9%
AB DISCOVERY VALUE FUND-Z 407,048 units	—	—	$7.9M	$8.3M	1.8%
COMMONFUND CAPITAL INTERNATIONAL PARTNERS VIII LP 4,625,987 units	—	—	$2.9M	$4.6M	1.0%
BANK OF AMERICA CORP 3,305,000 units	—	—	$3.5M	$3.4M	0.7%
COMMONFUND CAPITAL EMERGING MARKETS 2013 LP 2,918,058 units	—	—	$1.6M	$2.9M	0.6%
COMMIT TO PUR FNMA SF MTG 2,900,000 units	—	—	$2.7M	$2.7M	0.6%
FHLMC POOL #SD-8204 3,161,616 units	—	—	$2.5M	$2.5M	0.5%
FHLMC POOL #SD-8205 2,880,848 units	—	—	$2.4M	$2.4M	0.5%
COMMIT TO PUR FNMA SF MTG 2,050,000 units	—	—	$2.0M	$1.9M	0.4%
COMMIT TO PUR FNMA SF MTG 2,275,000 units	—	—	$1.8M	$1.8M	0.4%
UNITEDHEALTH GROUP INC 1,650,000 units	—	—	$1.7M	$1.6M	0.3%
U S TREASURY BD CPN STRIP 3,775,000 units	—	—	$1.6M	$1.5M	0.3%
COMMIT TO PUR FNMA SF MTG 1,725,000 units	—	—	$1.5M	$1.5M	0.3%
COMMIT TO PUR FNMA SF MTG 1,475,000 units	—	—	$1.5M	$1.5M	0.3%
WARNERMEDIA HOLDINGS INC 1,898,000 units	—	—	$1.8M	$1.4M	0.3%
SMURFIT KAPPA TREASURY UL 144A 1,300,000 units	—	—	$1.3M	$1.3M	0.3%
COMMIT TO PUR FNMA SF MTG 1,525,000 units	—	—	$1.3M	$1.2M	0.3%
CVS HEALTH CORP 1,450,000 units	—	—	$1.7M	$1.2M	0.3%
SSGA CANADA MSCI INDEX NL STATE STREET GLOBAL ADVISORS · EIN 04-0025081 / PN 204	Common Collective Trust	—	$755K	$1.1M	0.2%
TIME WARNER CABLE LLC 1,319,000 units	—	—	$1.4M	$1.1M	0.2%
MIDAMERICAN ENERGY CO 1,300,000 units	—	—	$1.6M	$1.1M	0.2%
COMMIT TO PUR GNMA II JUMBOS 1,125,000 units	—	—	$1.1M	$1.1M	0.2%
COMMIT TO PUR GNMA II JUMBOS 1,025,000 units	—	—	$1.0M	$1.0M	0.2%
BOEING CO/THE 1,065,000 units	—	—	$1.1M	$989K	0.2%
WELLS FARGO & CO 1,325,000 units	—	—	$1.0M	$965K	0.2%
JBS USA HOLDING LUX SARL/ JBS 1,270,000 units	—	—	$1.0M	$957K	0.2%
GOLDMAN SACHS GROUP INC/THE 935,000 units	—	—	$914K	$895K	0.2%
APPLOVIN CORP 890,000 units	—	—	$886K	$880K	0.2%
SMURFIT KAPPA TREASURY UL 144A 880,000 units	—	—	-$880K	$876K	0.2%
JPMORGAN CHASE & CO 1,030,000 units	—	—	$904K	$853K	0.2%
FHLMC MULTICLASS MTG 5419 Z 1,023,568 units	—	—	$875K	$852K	0.2%
FNMA POOL #0CB2096 1,001,721 units	—	—	$895K	$851K	0.2%
CALIFORNIA ST 820,000 units	—	—	$792K	$848K	0.2%
UNITEDHEALTH GROUP INC 1,260,000 units	—	—	$1.3M	$833K	0.2%
CISCO SYSTEMS INC 850,000 units	—	—	$852K	$827K	0.2%
NEW YORK LIFE INSURANCE C 144A 1,070,000 units	—	—	$1.1M	$779K	0.2%
US ULTRA BOND FUTURE (CBT) EXP SEP 24 103 units -	—	—	—	$779K	0.2%
TEXAS INSTRUMENTS INC 825,000 units	—	—	$816K	$774K	0.2%
ORACLE CORP 1,027,000 units	—	—	$796K	$761K	0.2%
UNITED AIRLINES 2023-1 CLASS A 718,578 units	—	—	$719K	$733K	0.2%
FNMA GTD REMIC P/T 15-32 PB 900,000 units	—	—	$744K	$729K	0.2%
COMMIT TO PUR GNMA II JUMBOS 750,000 units	—	—	$740K	$728K	0.2%
FHLMC MULTICLASS MTG 4481 BZ 897,270 units	—	—	$740K	$726K	0.2%
CHARTER COMMUNICATIONS OPERATI 883,000 units	—	—	$1.0M	$726K	0.2%
ENBRIDGE INC 665,000 units	—	—	$664K	$723K	0.2%
VICI PROPERTIES LP 775,000 units	—	—	$770K	$721K	0.2%
KAISER FOUNDATION HOSPITALS 1,011,000 units	—	—	$796K	$716K	0.2%
MARYLAND ST ECON DEV CORP 725,000 units	—	—	$725K	$697K	0.1%
BURLINGTON NORTHERN SANTA FE L 705,000 units	—	—	$709K	$695K	0.1%
UNIV OF CALIFORNIA CA RGTS MED 1,060,000 units	—	—	$1.1M	$684K	0.1%
ENERGY TRANSFER LP 803,000 units	—	—	$822K	$682K	0.1%
BRISTOL-MYERS SQUIBB CO 700,000 units	—	—	$697K	$679K	0.1%
AON CORP / AON GLOBAL HOLDINGS 920,000 units	—	—	$908K	$676K	0.1%
CONSOLIDATED EDISON CO OF NEW 775,000 units	—	—	$892K	$663K	0.1%
NEW YORK CITY NY TRANSITIONAL 665,000 units	—	—	$862K	$660K	0.1%
TEACHERS INSURANCE & ANNU 144A 985,000 units	—	—	$944K	$658K	0.1%
ROCHE HOLDINGS INC 144A 685,000 units	—	—	$685K	$655K	0.1%
UBER TECHNOLOGIES INC 700,000 units	—	—	$699K	$651K	0.1%
PFIZER INVESTMENT ENTERPRISES 675,000 units	—	—	$674K	$633K	0.1%
WASTE MANAGEMENT INC 655,000 units	—	—	$655K	$630K	0.1%
ANHEUSER-BUSCH COS LLC / ANHEU 691,000 units	—	—	$809K	$629K	0.1%
FHLMC POOL #SD-8199 801,739 units	—	—	$630K	$625K	0.1%
UNION PACIFIC CORP 815,000 units	—	—	$821K	$611K	0.1%
KEYSPAN GAS EAST CORP 144A 910,000 units	—	—	$910K	$605K	0.1%
STARBUCKS CORP 900,000 units	—	—	$737K	$602K	0.1%
RAYMOND JAMES FINANCIAL INC 820,000 units	—	—	$815K	$595K	0.1%
FNMA POOL #0FS9398 699,029 units	—	—	$608K	$594K	0.1%
FNMA GTD REMIC P/T 14-60 EZ 679,750 units	—	—	$586K	$588K	0.1%
TIME WARNER CABLE LLC 655,000 units	—	—	$632K	$586K	0.1%
OKLAHOMA GAS AND ELECTRIC CO 595,000 units	—	—	$592K	$580K	0.1%
AERCAP IRELAND CAPITAL DAC / A 660,000 units	—	—	$658K	$575K	0.1%
FHLMC MULTICLASS MTG 4753 LZ 668,562 units	—	—	$586K	$574K	0.1%
FHLMC MULTICLASS MTG 5195 ZE 882,603 units	—	—	$756K	$572K	0.1%
ELEVANCE HEALTH INC 560,000 units	—	—	$560K	$567K	0.1%
EVERGY KANSAS CENTRAL INC 575,000 units	—	—	$572K	$565K	0.1%
HOME DEPOT INC/THE 585,000 units	—	—	$576K	$561K	0.1%
ESSENTIAL UTILITIES INC 615,000 units	—	—	$610K	$560K	0.1%
PUGET SOUND ENERGY INC 580,000 units	—	—	$580K	$553K	0.1%
TIME WARNER CABLE LLC 720,000 units	—	—	$498K	$539K	0.1%
PURE STORAGE INC 8,767 units	—	—	$166K	$539K	0.1%
FNMA GTD REMIC P/T 16-4 DY 650,000 units	—	—	$546K	$538K	0.1%
NSTAR ELECTRIC CO 820,000 units	—	—	$813K	$536K	0.1%
MARSH & MCLENNAN COS INC 500,000 units	—	—	$495K	$535K	0.1%
KENVUE INC 575,000 units	—	—	$571K	$534K	0.1%
AMAZON.COM INC 772,000 units	—	—	$757K	$521K	0.1%
WELLS FARGO & CO 580,000 units	—	—	$487K	$516K	0.1%
CVS HEALTH CORP 560,000 units	—	—	$557K	$514K	0.1%
AT&T INC 730,000 units	—	—	$666K	$505K	0.1%
AMERICAN HOMES 4 RENT LP 645,000 units	—	—	$604K	$503K	0.1%
AMGEN INC 789,000 units	—	—	$743K	$498K	0.1%
SOUTHERN CO GAS CAPITAL CORP 605,000 units	—	—	$617K	$497K	0.1%
ANHEUSER-BUSCH INBEV WORLDWIDE 585,000 units	—	—	$557K	$496K	0.1%
AMGEN INC 511,000 units	—	—	$499K	$492K	0.1%
ARISTA NETWORKS INC 4,414 units	—	—	$78K	$488K	0.1%
VERIZON COMMUNICATIONS INC 785,000 units	—	—	$748K	$483K	0.1%
COMCAST CORP 635,000 units	—	—	$671K	$481K	0.1%
PPL ELECTRIC UTILITIES CORP 500,000 units	—	—	$490K	$477K	0.1%
NORTHERN STATES POWER CO/WI 650,000 units	—	—	$746K	$471K	0.1%
BURLINGTON NORTHERN SANTA FE L 680,000 units	—	—	$684K	$467K	<0.1%
META PLATFORMS INC 550,000 units	—	—	$462K	$464K	<0.1%
AMGEN INC 540,000 units	—	—	$517K	$464K	<0.1%
GARMIN LTD 2,238 units	—	—	$132K	$462K	<0.1%
ONCOR ELECTRIC DELIVERY CO LLC 600,000 units	—	—	$729K	$453K	<0.1%
CVS HEALTH CORP 460,000 units	—	—	$460K	$451K	<0.1%
WILLIS NORTH AMERICA INC 610,000 units	—	—	$609K	$448K	<0.1%
TAMPA ELECTRIC CO 650,000 units	—	—	$649K	$443K	<0.1%
TAKEDA PHARMACEUTICAL CO LTD 450,000 units	—	—	$448K	$435K	<0.1%
MIDAMERICAN ENERGY CO 425,000 units	—	—	$425K	$433K	<0.1%
BAE SYSTEMS PLC 144A 665,000 units	—	—	$646K	$431K	<0.1%
JP MORGAN MULTI-STRATEGY FD 233 units	—	—	$357K	$431K	<0.1%
DUKE ENERGY CAROLINAS LLC 525,000 units	—	—	$616K	$427K	<0.1%
HUDSON PACIFIC PROPERTIES LP 625,000 units	—	—	$409K	$425K	<0.1%
FNMA POOL #0MA5008 449,771 units	—	—	$426K	$423K	<0.1%
WARNERMEDIA HOLDINGS INC 525,000 units	—	—	$484K	$423K	<0.1%
HESS CORP 425,000 units	—	—	$463K	$420K	<0.1%
SES GLOBAL AMERICAS HOLDI 144A 575,000 units	—	—	$601K	$419K	<0.1%
MASS GENERAL BRIGHAM INC 640,000 units	—	—	$657K	$418K	<0.1%
MEMORIAL SLOAN-KETTERING CANCE 440,000 units	—	—	$594K	$415K	<0.1%
ALCON FINANCE CORP 144A 555,000 units	—	—	$585K	$408K	<0.1%
US 10YR ULTRA FUTURE (CBT) EXP SEP 24 87 units -	—	—	—	$405K	<0.1%
PLEXUS CORP 2,547 units	—	—	$78K	$399K	<0.1%
COCA-COLA CO/THE 410,000 units	—	—	$410K	$390K	<0.1%
ISRAEL GOVERNMENT INTERNATIONA 425,000 units	—	—	$408K	$389K	<0.1%
CIGNA GROUP/THE 592,000 units	—	—	$602K	$387K	<0.1%
ALCON FINANCE CORP 144A 385,000 units	—	—	$384K	$379K	<0.1%
BAYER US FINANCE II LLC 144A 450,000 units	—	—	$545K	$375K	<0.1%
INTERNATIONAL FLAVORS & F 144A 570,000 units	—	—	$530K	$374K	<0.1%
FHLMC MULTICLASS MTG 5180 NZ 716,704 units	—	—	$542K	$373K	<0.1%
ELEVANCE HEALTH INC 385,000 units	—	—	$383K	$372K	<0.1%
GILEAD SCIENCES INC 380,000 units	—	—	$379K	$370K	<0.1%
ROCKIES EXPRESS PIPELINE 144A 385,000 units	—	—	$420K	$366K	<0.1%
KINDER MORGAN INC 420,000 units	—	—	$382K	$366K	<0.1%
PECO ENERGY CO 560,000 units	—	—	$552K	$363K	<0.1%
AEP TRANSMISSION CO LLC 500,000 units	—	—	$526K	$362K	<0.1%
CROWN CASTLE INC 518,000 units	—	—	$326K	$361K	<0.1%
CONSOLIDATED EDISON CO OF NEW 470,000 units	—	—	$502K	$359K	<0.1%
SENTARA HEALTH 550,000 units	—	—	$550K	$352K	<0.1%
GLP CAPITAL LP / GLP FINANCING 330,000 units	—	—	$324K	$349K	<0.1%
INTERDIGITAL INC 1,769 units	—	—	$140K	$343K	<0.1%
VIRGINIA ELECTRIC AND POWER CO 600,000 units	—	—	$590K	$338K	<0.1%
COMMIT TO PUR FNMA SF MTG 350,000 units	—	—	$344K	$338K	<0.1%
COGNEX CORP 9,245 units	—	—	$381K	$332K	<0.1%
T-MOBILE USA INC 500,000 units	—	—	$326K	$330K	<0.1%
APPALACHIAN POWER CO 405,000 units	—	—	$443K	$327K	<0.1%
EXPAND ENERGY CORP 3,243 units	—	—	$216K	$323K	<0.1%
COMCAST CORP 425,000 units	—	—	$464K	$322K	<0.1%
AKAMAI TECHNOLOGIES INC 3,359 units	—	—	$198K	$321K	<0.1%
FARMERS INSURANCE EXCHANG 144A 390,000 units	—	—	$389K	$316K	<0.1%
ALARM.COM HOLDINGS INC 5,158 units	—	—	$319K	$314K	<0.1%
LOWE'S COS INC 400,000 units	—	—	$400K	$313K	<0.1%
SOUTHERN CO GAS CAPITAL CORP 305,000 units	—	—	$376K	$309K	<0.1%
NORTHROP GRUMMAN CORP 320,000 units	—	—	$412K	$306K	<0.1%
SEMTECH CORP 4,943 units	—	—	$205K	$306K	<0.1%
ENTERGY MISSISSIPPI LLC 435,000 units	—	—	$441K	$303K	<0.1%
LSEGA FINANCING PLC 144A 400,000 units	—	—	$398K	$298K	<0.1%
VIRGINIA ELECTRIC AND POWER CO 350,000 units	—	—	$461K	$296K	<0.1%
SNAP-ON INC 870 units	—	—	$168K	$295K	<0.1%
MASSACHUSETTS ST SCH BLDG AUTH 360,000 units	—	—	$333K	$291K	<0.1%
BOSTON GAS CO 144A 295,000 units	—	—	$295K	$291K	<0.1%
SOUTHERN CO GAS CAPITAL CORP 375,000 units	—	—	$286K	$290K	<0.1%
ELEVANCE HEALTH INC 405,000 units	—	—	$420K	$289K	<0.1%
COTERRA ENERGY INC 11,239 units	—	—	$201K	$287K	<0.1%
WELLS FARGO & CO 325,000 units	—	—	$277K	$285K	<0.1%
BNY MELLON CASH RESERVE 284,721 units	—	—	$285K	$285K	<0.1%
TUCSON ELECTRIC POWER CO 295,000 units	—	—	$294K	$282K	<0.1%
US 2YR NOTE FUTURE (CBT) EXP SEP 24 99 units -	—	—	—	$280K	<0.1%
GENTEX CORP 9,734 units	—	—	$223K	$280K	<0.1%
PUBLIC SERVICE CO OF COLORADO 300,000 units	—	—	$298K	$279K	<0.1%
FNMA POOL #0FS1598 354,622 units	—	—	$281K	$276K	<0.1%
BANK OF AMERICA CORP 325,000 units	—	—	$246K	$274K	<0.1%
DUKE ENERGY CAROLINAS LLC 287,000 units	—	—	$305K	$273K	<0.1%
UNITEDHEALTH GROUP INC 290,000 units	—	—	$283K	$272K	<0.1%
GOLDMAN SACHS GROUP INC/THE 320,000 units	—	—	$325K	$271K	<0.1%
FLOOR & DECOR HOLDINGS INC 2,710 units	—	—	$252K	$270K	<0.1%
VIATRIS INC 395,000 units	—	—	$274K	$270K	<0.1%
ALIGN TECHNOLOGY INC 1,278 units	—	—	$162K	$266K	<0.1%
PECO ENERGY CO 310,000 units	—	—	$308K	$266K	<0.1%
INTEL CORP 465,000 units	—	—	$464K	$265K	<0.1%
T-MOBILE USA INC 270,000 units	—	—	$269K	$264K	<0.1%
DUKE ENERGY PROGRESS LLC 325,000 units	—	—	$351K	$264K	<0.1%
FARMERS INSURANCE EXCHANG 144A 250,000 units	—	—	$250K	$258K	<0.1%
ESSENTIAL UTILITIES INC 325,000 units	—	—	$234K	$255K	<0.1%
NEW JERSEY ST TURNPIKE AUTH TU 345,000 units	—	—	$340K	$253K	<0.1%
NYU LANGONE HOSPITALS 375,000 units	—	—	$375K	$251K	<0.1%
US BANCORP 245,000 units	—	—	$246K	$250K	<0.1%
BOEING CO/THE 270,000 units	—	—	$342K	$250K	<0.1%
NORFOLK SOUTHERN CORP 345,000 units	—	—	$343K	$248K	<0.1%
TEACHERS INSURANCE & ANNU 144A 275,000 units	—	—	$311K	$246K	<0.1%
UNITEDHEALTH GROUP INC 295,000 units	—	—	$377K	$243K	<0.1%

Showing top 200 of 366 investments by value.