Sonoco Pension Plan — Form 5500 plan (Sonoco Products Company)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Sonoco Pension Plan is a benefit plan reported by Sonoco Products Company under EIN 57-0248420 and plan number 001. The latest loaded filing year is 2023. The filing reports 801 participants and $43,595,000 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Sonoco Products Company
- EIN
- 57-0248420
- Plan number
- 001
- Plan type
- 2
- Location
- Hartsville, SC
- Latest filing year
- 2023
- Participants
- 801
- End-of-year plan assets
- $43,595,000
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 801 | H, C | 20241010132923NAL0034138208001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $43,595,000
- Total liabilities (EOY)
- $53,000
- Net assets (EOY)
- $43,542,000
- Net assets (BOY)
- $39,943,000
Income & contributions
- Employer contributions
- $2,915,000
- Total contributions
- $2,915,000
- Total income / additions
- $5,936,000
Expenses & distributions
- Benefits paid
- $1,260,000
- Administrative expenses
- $1,077,000
- Total expenses
- $2,337,000
- Net increase / (decrease)
- $3,599,000
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Aon Consulting Inc | NONE | $244,000 | not reported in the loaded dataset | 2023 |
| Mercer Investments LLC | NONE | $160,000 | not reported in the loaded dataset | 2023 |
| Crowe Llp | NONE | $38,000 | not reported in the loaded dataset | 2023 |
| Bny Mellon | TRUSTEE | $36,000 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Sonoco Products Company
- 2023 Form 5500 filing
- Form 5500 filings in SC
- 401(k) and benefit plan filings in Hartsville, SC
- Aon Consulting Inc — Schedule C compensation
- Mercer Investments LLC — Schedule C compensation
- Crowe Llp — Schedule C compensation
- Bny Mellon — Schedule C compensation