Employers › Matson
Recordkeeping fees per participant · Matson and Subsidiaries 401(k) Retirement Savings Plan for Bargaining Unit Employees · plan year 2024
$79.97
Higher than 59% of the 5,847 plans $50 to 250M that report it.
= $13,835 / 173
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251003195138NAL0004216482001, received 2025-10-03
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251003195138NAL0004216482001, received 2025-10-03
Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-03.
Administrative expenses excluding investment management, per participant
$79.97
Higher than 41% of the 8,758 plans $50 to 250M that report it.
= $13,835 / 173
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251003195138NAL0004216482001, received 2025-10-03
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251003195138NAL0004216482001, received 2025-10-03
Administrative expenses per participant
$79.97
Higher than 27% of the 9,042 plans $50 to 250M that report it.
= $13,835 / 173
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251003195138NAL0004216482001, received 2025-10-03
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251003195138NAL0004216482001, received 2025-10-03
Administrative expenses as a share of assets
0.027%
Higher than 12% of the 9,049 plans $50 to 250M that report it.
= $13,835 / $50,349,740
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251003195138NAL0004216482001, received 2025-10-03
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251003195138NAL0004216482001, received 2025-10-03
Employer contributions per participant
$1,115
Higher than 12% of the 9,105 plans $50 to 250M that report it.
= $192,867 / 173
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251003195138NAL0004216482001, received 2025-10-03
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251003195138NAL0004216482001, received 2025-10-03
Employer share of total contributions
6.3%
Higher than 2% of the 9,112 plans $50 to 250M that report it.
= $192,867 / $3,046,942
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251003195138NAL0004216482001, received 2025-10-03
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251003195138NAL0004216482001, received 2025-10-03
100.0% of this plan's assets are held in a master trust. Costs reported at the trust level and allocated by the plan's share: administrative expenses $0 ($79.97 per participant including the plan's own Schedule H). Benchmarks and percentiles use the plan's own Schedule H only.
Employer match
“For the year ended December 31, 2025, the Company provided employees with discretionary matching contributions of up to 3 percent of eligible employee compensation, and for a select group of employees, up to 4 percent of eligible employee compensation.”
Form 10-K filed 2026-02-27, for the year ended 2025-12-31 · benefits note, 10-K benefits note · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2R participant brokerage window · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251003195138NAL0004216482001, received 2025-10-03
| Field | Value | Source |
|---|---|---|
| Plan sponsor | MATSON, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251003195138NAL0004216482001, received 2025-10-03 |
| Plan name | MATSON AND SUBSIDIARIES 401(K) RETIREMENT SAVINGS PLAN FOR BARGAINING UNIT EMPLOYEES | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251003195138NAL0004216482001, received 2025-10-03 |
| Sponsor EIN / plan number | 99-0032630 / 022 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251003195138NAL0004216482001, received 2025-10-03 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251003195138NAL0004216482001, received 2025-10-03 |
| Sponsor location | WALNUT CREEK, CA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251003195138NAL0004216482001, received 2025-10-03 |
| Industry (business code) | 488510, Transportation and warehousing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251003195138NAL0004216482001, received 2025-10-03 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251003195138NAL0004216482001, received 2025-10-03 |
| Filing received | 2025-10-03 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251003195138NAL0004216482001, received 2025-10-03 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251003195138NAL0004216482001, received 2025-10-03 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251003195138NAL0004216482001, received 2025-10-03 |
| Participants, beginning of year | 243 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251003195138NAL0004216482001, received 2025-10-03 |
| Active participants | 290 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251003195138NAL0004216482001, received 2025-10-03 |
| Participants, end of year | 306 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251003195138NAL0004216482001, received 2025-10-03 |
| Participants with an account balance | 173 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251003195138NAL0004216482001, received 2025-10-03 |
| Total assets, beginning of year | $43,752,091 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251003195138NAL0004216482001, received 2025-10-03 |
| Total assets, end of year | $50,349,740 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251003195138NAL0004216482001, received 2025-10-03 |
| Net assets, end of year | $50,349,740 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251003195138NAL0004216482001, received 2025-10-03 |
| Total income | $11,293,138 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251003195138NAL0004216482001, received 2025-10-03 |
| Net income | $6,487,041 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251003195138NAL0004216482001, received 2025-10-03 |
| Employer contributions | $192,867 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251003195138NAL0004216482001, received 2025-10-03 |
| Participant contributions | $2,854,075 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251003195138NAL0004216482001, received 2025-10-03 |
| Other contributions (incl. rollovers) | $0 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251003195138NAL0004216482001, received 2025-10-03 |
| Total contributions | $3,046,942 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251003195138NAL0004216482001, received 2025-10-03 |
| Benefit payments | $4,792,262 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251003195138NAL0004216482001, received 2025-10-03 |
| Total expenses (incl. benefit payments) | $4,806,097 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251003195138NAL0004216482001, received 2025-10-03 |
| Total administrative expenses | $13,835 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251003195138NAL0004216482001, received 2025-10-03 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251003195138NAL0004216482001, received 2025-10-03 |
| Recordkeeping fees | $13,835 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251003195138NAL0004216482001, received 2025-10-03 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251003195138NAL0004216482001, received 2025-10-03 |
| Investment advisory and management fees | $0 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251003195138NAL0004216482001, received 2025-10-03 |
| Administrative expenses excluding investment management | $13,835 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251003195138NAL0004216482001, received 2025-10-03 |
| Held in master trusts | $50,349,740 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251003195138NAL0004216482001, received 2025-10-03 |
| Held in common/collective trusts | $0 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251003195138NAL0004216482001, received 2025-10-03 |
| Held in mutual funds | $0 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251003195138NAL0004216482001, received 2025-10-03 |
| Independent auditor | PBMARES LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251003195138NAL0004216482001, received 2025-10-03 |
Position = column in the DOL layout for form year 2024. Filing 20251003195138NAL0004216482001, received 2025-10-03.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 64 Recordkeeping fees; 65 Account maintenance fees | $13,835 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251003195138NAL0004216482001, received 2025-10-03.
MATSON, INC. MASTER TRUST (EIN 990032630, PN 001): plan interest $50,349,740, 12.8% of the trust. The trust's own filing (20251010191741NAL0004474195001, received 2025-10-10) reports net assets $392,454,405, administrative expenses $0, recordkeeping fees $0, investment management fees $0 and 1 Schedule C providers.
| Provider (trust level) | Service codes | Paid by the trust | Allocated to this plan |
|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | 60 | $0 | $0 |
Schedule D Part I of the plan's filing; the trust's Schedule H and Schedule C. Allocation = the plan's interest divided by the trust's net assets.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $43,752,091 | $50,349,740 | 15.1% |
| Participants with a balance | 169 | 173 | 2.4% |
| Administrative expenses | $12,914 | $13,835 | 7.1% |
| Recordkeeping fees per participant | $76.41 | $79.97 | 4.7% |
| Employer contributions | $0 | $192,867 |
Prior filing 20241009191154NAL0019834801001, received 2024-10-09; the plan years are contiguous.
Sponsor name as filed: MATSON, INC.; SEC registrant: Matson, Inc. (CIK 3453, matched by EIN; display name from the Form 10-K cover).