Plan Ledger DOL Form 5500 · updated monthly

Matson, Inc.Profit-sharing plan

MATSON, INC. 401(K) AND PROFIT SHARING PLAN FOR NON-BARGAINING EMPLOYEES · OAKLAND, CA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Matson, Inc. reported $135,694 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $5,180 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 fell from 0.05% to 0.04%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 378th-largest of 9,483 plans among California employers on file, and the 105th of 2,677 in transportation & warehousing. In 2024, employees put in $1.66 for every $1.00 the employer contributed; active participation has grown from 1,133 to 1,402 since 2022.

Plan summary
Net assets, end of year$332,493,460
Participants with balances1,686
Active participants1,402
Employer contributions$7,262,089
Employee contributions$12,036,066
Employer contribution per active participant$5,180
Average account balance$197,208
Benefits paid to participants$21,882,050
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$332.5M · 1,686 accts · $7.3M emplr
2023$285.7M · 1,626 accts · $6.6M emplr
2022$238.9M · 1,627 accts · $6.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$135,694
Total administrative$135,694
Employer contributions to the Matson, Inc. plan · 2024
Employer contribution per active participant$5,180
Median for plans this size$4,294
2024$5,180 per active participant
2023$5,807 per active participant
2022$5,490 per active participant

Matson, Inc.'s 2024 employer contribution ran above the $4,294 median for plans its size. 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$135,694

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$135,694 · 0.04%
2023$107,783 · 0.04%
2022$145,710 · 0.05%
All plans at this employer2
MATSON, INC. 401(K) AND PROFIT SHARING PLAN FOR NON-BARGAINING EMPLOYEESProfit-sharing plan
MATSON AND SUBSIDIARIES 401(K) RETIREMENT SAVINGS PLAN FOR BARGAINING UNIT EMPLOYEES401(k)
Same employer
Similar plansTransportation & Warehousing · California
Cruise, LLC CA$489.2M · 0.00%
Doordash, Inc. CA$438.7M · 0.12%
Zoox, Inc. CA$222.5M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 990032630 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.