Sonoco Retirement & Savings 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 Retirement & Savings Plan is a benefit plan reported by Sonoco Products Company under EIN 57-0248420 and plan number 026. The latest loaded filing year is 2023. The filing reports 13,102 participants and $1,560,739,492 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
026
Plan type
2
Location
Hartsville, SC
Latest filing year
2023
Participants
13,102
End-of-year plan assets
$1,560,739,492

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202313,102H, C20240703140551NAL0004545331001
202311,107H, C20240703140502NAL0004543091001
202310,537H, C20240703140532NAL0004426659001
202314,437H, C20240726123813NAL0010207507001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$1,313,010,355
Total liabilities (EOY)
$0
Net assets (EOY)
$1,313,010,355
Net assets (BOY)
$1,186,646,917

Income & contributions

Employer contributions
$36,841,000
Participant contributions
$42,573,008
Total contributions
$82,592,000
Total income / additions
$84,217,000

Expenses & distributions

Benefits paid
$131,377,234
Administrative expenses
$1,654,756
Total expenses
$133,037,756
Net increase / (decrease)
-$48,820,756

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Advisory Group, LLCNONE$937,110not reported in the loaded dataset2023
Advised Asset GroupNONE$766,319not reported in the loaded dataset2023
Advised Assets Group, LLCNONE$755,346not reported in the loaded dataset2023
Advised Asset GroupNONE$724,785not reported in the loaded dataset2023
Great-West Life & Annuity InsuranceNONE$703,528$02023
Empower Annuity Insurance CompanyNONE$669,943$02023
Great-West Life & Annuity InsuranceNONE$645,659not reported in the loaded dataset2023
Great-West Life & Annuity Ins CoNONE$633,754$02023
Aon Consulting Inc, Dba Hewitt AssoNONE$112,159not reported in the loaded dataset2023
Aon Consulting Inc Dba Hewitt AssocNONE$91,021not reported in the loaded dataset2023
Metropolitan Life Insurance CoNONE$80,381not reported in the loaded dataset2023
Crowe, LlpNONE$58,275not reported in the loaded dataset2023
Grant Thornton LlpNONE$36,404not reported in the loaded dataset2023
Grant Thornton LlpNONE$35,912not reported in the loaded dataset2023
Bdo Usa LlpNONE$34,200not reported in the loaded dataset2023
Crowe LlpNONE$34,000not reported in the loaded dataset2023
Aon Consulting Inc Dba Hewitt AssocNONE$29,776not reported in the loaded dataset2023
Grant Thornton LlpNONE$25,000not reported in the loaded dataset2023
Cowen & Company, LLCNONE$15,682not reported in the loaded dataset2023
Cowen & Company LLCNONE$11,998not reported in the loaded dataset2023
Greerwalker LlpNONE$8,500not reported in the loaded dataset2023
The Vanguard Group, IncNONE$5,250not reported in the loaded dataset2023
Gwfs Equities, IncNONE$4,450not reported in the loaded dataset2023
Gwfs Equities IncNONE$1,375not reported in the loaded dataset2023

Related Form 5500 pages