2023 Form 5500 filing — Sonoco Retirement & Savings Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240703140532NAL0004426659001) for Sonoco Retirement & Savings Plan, reported by Sonoco Products Company under EIN 57-0248420 and plan number 026. It reports 10,537 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240703140532NAL0004426659001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Sonoco Products Company
- EIN
- 57-0248420
- Plan number
- 026
- Location
- Hartsville, SC
- Participants
- 10,537
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $1,313,010,355
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,313,010,355
- Employer contributions
- $36,841,000
- Participant contributions
- $42,573,008
- Total income / additions
- $84,217,000
- Benefits paid
- $131,377,234
- Administrative expenses
- $1,654,756
- Total expenses
- $133,037,756
- Net increase / (decrease)
- -$48,820,756
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Advisory Group, LLC | NONE | $937,110 | not reported in the loaded dataset |
| Advised Asset Group | NONE | $766,319 | not reported in the loaded dataset |
| Advised Assets Group, LLC | NONE | $755,346 | not reported in the loaded dataset |
| Advised Asset Group | NONE | $724,785 | not reported in the loaded dataset |
| Great-West Life & Annuity Insurance | NONE | $703,528 | $0 |
| Empower Annuity Insurance Company | NONE | $669,943 | $0 |
| Great-West Life & Annuity Insurance | NONE | $645,659 | not reported in the loaded dataset |
| Great-West Life & Annuity Ins Co | NONE | $633,754 | $0 |
| Aon Consulting Inc, Dba Hewitt Asso | NONE | $112,159 | not reported in the loaded dataset |
| Aon Consulting Inc Dba Hewitt Assoc | NONE | $91,021 | not reported in the loaded dataset |
| Metropolitan Life Insurance Co | NONE | $80,381 | not reported in the loaded dataset |
| Crowe, Llp | NONE | $58,275 | not reported in the loaded dataset |
| Grant Thornton Llp | NONE | $36,404 | not reported in the loaded dataset |
| Grant Thornton Llp | NONE | $35,912 | not reported in the loaded dataset |
| Bdo Usa Llp | NONE | $34,200 | not reported in the loaded dataset |
| Crowe Llp | NONE | $34,000 | not reported in the loaded dataset |
| Aon Consulting Inc Dba Hewitt Assoc | NONE | $29,776 | not reported in the loaded dataset |
| Grant Thornton Llp | NONE | $25,000 | not reported in the loaded dataset |
| Cowen & Company, LLC | NONE | $15,682 | not reported in the loaded dataset |
| Cowen & Company LLC | NONE | $11,998 | not reported in the loaded dataset |
| Greerwalker Llp | NONE | $8,500 | not reported in the loaded dataset |
| The Vanguard Group, Inc | NONE | $5,250 | not reported in the loaded dataset |
| Gwfs Equities, Inc | NONE | $4,450 | not reported in the loaded dataset |
| Gwfs Equities Inc | NONE | $1,375 | not reported in the loaded dataset |