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

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023801H, C20241010132923NAL0034138208001

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)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Aon Consulting IncNONE$244,000not reported in the loaded dataset2023
Mercer Investments LLCNONE$160,000not reported in the loaded dataset2023
Crowe LlpNONE$38,000not reported in the loaded dataset2023
Bny MellonTRUSTEE$36,000not reported in the loaded dataset2023

Related Form 5500 pages