Plan Ledger DOL Form 5500 · updated monthly

Alexander & Baldwin, LLC, Series T401(k)

A&B INDIVIDUAL DEFERRED COMPENSATION AND PROFIT SHARING PLAN FOR SALARIED NON-BARGAINING EMPLOYEES · HONOLULU, HI · plan year 2024

Reported admin expense ratio · 2024
0.18%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Alexander & Baldwin, LLC, Series T reported $108,950 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $15,859 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.16% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 46th-largest of 269 plans among Hawaii employers on file, and the 77th of 945 in agriculture, forestry & fishing. In 2024, the employer put in $1.20 for every $1.00 employees contributed themselves; active participation has shrunk from 120 to 103 since 2022.

Plan summary
Net assets, end of year$64,704,157
Participants with balances244
Active participants103
Employer contributions$1,633,494
Employee contributions$1,357,161
Employer contribution per active participant$15,859
Average account balance$265,181
Benefits paid to participants$5,961,693
Plan auditUnmodified (clean) audit opinion
AuditorKMH LLP
Plan history3
Yearassets · accounts · employer contribution
2024$64.7M · 244 accts · $1.6M emplr
2023$57.7M · 254 accts · $1.5M emplr
2022$52.3M · 276 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,684
Investment management$16,683
Total administrative$108,950
The Alexander & Baldwin, LLC, Series T 401(k) match · 2024
Employer contribution per active participant$15,859
Median for plans this size$3,635
2024$15,859 per active participant
2023$12,950 per active participant
2022$14,965 per active participant

Alexander & Baldwin, LLC, Series T's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$52,583
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$39,774
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$16,683

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$108,950 · 0.18%
2023$91,609 · 0.17%
2022$104,833 · 0.16%
All plans at this employer2
A&B INDIVIDUAL DEFERRED COMPENSATION AND PROFIT SHARING PLAN FOR SALARIED NON-BARGAINING EMPLOYEES401(k)
A&B INDIVIDUAL DEFERRED COMPENSATION AND PROFIT SHARING PLAN FOR BARGAINING UNIT EMPLOYEES401(k)
Same employer
Similar plansAgriculture, Forestry & Fishing · Hawaii
Remington Seeds, LLC. IN$65.3M · 0.08%
Stemilt Growers, LLC WA$64.7M · 0.42%
King Ranch, Incorporated TX$63.5M · 0.15%
Pacific Coast Producers CA$63.1M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814753934 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.