Original filing (PDF)20251009160244NAL0004072147001

MATSON, INC.

Name: MATSON, INC. — RETIREMENT PLAN FOR EMPLOYEES OF MATSON, Form 5500 (2024)
Creator: MATSON, INC.

Form 5500

FILING_RECEIVED

RETIREMENT PLAN FOR EMPLOYEES OF MATSON

Defined-benefit pension plan

Signals · 3

75% in single holdingNo recordkeeper disclosed11 service providers

Active participants

753

Accounts w/ balance

—

Plan assets (EOY)

$242.3M

Net assets (EOY)

$242.3M

How this plan invests

This plan

5 pooled trusts

Schedule D

4 securities

funds · stocks · CUSIPs

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

Plan health score (directional)

/ 100

Grade B

Above-average plan

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

Compliance & disclosures

100

Concentration risk

Total plan cost

Vendor stack

Participation health

100

Knocking points off

Top holding "Various" is 75% of plan.
40 bps in Schedule C fees — 297% 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 MATSON, INC..

Plan sponsor

Name

MATSON, INC.

EIN

99-0032630

Address

2121 N. CALIFORNIA BLVD · SUITE 500 · WALNUT CREEK, CA · 94596

Phone

(510) 628-4000

Industry

Transportation & Warehousingsee all

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

014

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-09

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

PBMARES

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

11 rows

Advisor / Consultant

Name	EIN	Location	Relation	Direct comp	Indirect comp
THE LONDON COMPANY	90-0824693	—	INVESTMENT MANAGER	$193K	—
ANCHOR CAPITAL	20-4669888	—	INVESTMENT MANAGER	$172K	—
MORGAN STANLEY	26-4310632	—	INVESTMENT MANAGER	$161K	—
CAMBRIA INVESTORS, LLC	84-1596610	—	INVESTMENT MANAGER	$119K	—
ALLSPRING GLOBAL INVESTMENT, LLC	45-2081287	—	INVESTMENT MANAGER	$114K	—
OAKHURST CAPITAL MANAGEMENT, LLC	85-3620002	—	INVESTMENT MANAGER	$85K	—
SCHARF INVESTMENTS, LLC	26-3775085	—	INVESTMENT MANAGER	$44K	—
J.P. MORGAN INVESTMENT MANAGER	13-3200244	—	INVESTMENT MANAGER	$26K	—
PRUDENTIAL INSURANCE COMPANY OF AME	22-1211670	—	INVESTMENT MANAGER	$0	—
WELLS FARGO/CAPITAL	95-3692822	—	INVESTMENT MANAGER	$0	—

Other

Name	EIN	Location	Relation	Direct comp	Indirect comp
BOYD WATTERSON ASSET MANAGEMENT	34-1922005	—	ASSET MANAGER	$49K	—

Investments

4 direct securities · 5 pooled funds· $282.9M(100% 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

$240.3M

4 holdings

Common Collective Trust

$34.1M

3 holdings

Pooled Separate Account

$8.5M

2 holdings

Investment	Type	Shares / units	Cost	Current value	% of plan
Various	—	—	—	$179.8M	74.2%
Various	—	—	—	$45.3M	18.7%
EARNEST PARTNERS INTERNATIONAL EF EARNEST PARTNERS, LLC · EIN 06-1271230 / PN 000	Common Collective Trust	—	—	$20.7M	8.6%
Various	—	—	—	$11.0M	4.5%
ALLSPRING GLOBAL INVESTMENTS ALLSPRING GLOBAL INVESTMENT, LLC · EIN 45-2081287 / PN 000	Common Collective Trust	—	—	$10.9M	4.5%
PRISA THE PRUDENTIAL INS. CO. OF AMERICA · EIN 22-1211670 / PN 038	Pooled Separate Account	—	—	$8.5M	3.5%
Various	—	—	—	$4.3M	1.8%
JPMCB STRATEGIC PROPERTY J.P.MORGAN INVESTMENT MANAGEMENT INC. · EIN 13-6038770 / PN 001	Common Collective Trust	—	—	$2.4M	1.0%
PRISA II THE PRUDENTIAL INS. CO. OF AMERICA · EIN 22-1211670 / PN 039	Pooled Separate Account	—	—	$0	<0.1%