SONOCO PRODUCTS COMPANY has sponsored the creation of one or more 401k plans.
Measure | Date | Value |
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2022: SONOCO PENSION PLAN 2022 401k membership |
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Market value of plan assets | 2022-12-31 | 39,200,363 |
Acturial value of plan assets | 2022-12-31 | 38,591,936 |
Funding target for retired participants and beneficiaries receiving payment | 2022-12-31 | 7,843,602 |
Number of terminated vested participants | 2022-12-31 | 86 |
Fundng target for terminated vested participants | 2022-12-31 | 3,283,033 |
Active participant vested funding target | 2022-12-31 | 26,172,781 |
Number of active participants | 2022-12-31 | 671 |
Total funding liabilities for active participants | 2022-12-31 | 27,057,050 |
Total participant count | 2022-12-31 | 808 |
Total funding target for all participants | 2022-12-31 | 38,183,685 |
Balance at beginning of prior year after applicable adjustments | 2022-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2022-12-31 | 664,978 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2022-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2022-12-31 | 0 |
Amount remaining of carryover balance | 2022-12-31 | 0 |
Amount remaining of prefunding balance | 2022-12-31 | 664,978 |
Present value of excess contributions | 2022-12-31 | 600,119 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-12-31 | 634,386 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2022-12-31 | 634,386 |
Reductions in caryover balances due to elections or deemed elections | 2022-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2022-12-31 | 0 |
Balance of carryovers at beginning of current year | 2022-12-31 | 0 |
Balance of prefunding at beginning of current year | 2022-12-31 | 1,311,666 |
Total employer contributions | 2022-12-31 | 581,653 |
Total employee contributions | 2022-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2022-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2022-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2022-12-31 | 550,280 |
Liquidity shortfalls end of Q1 | 2022-12-31 | 0 |
Liquidity shortfalls end of Q2 | 2022-12-31 | 0 |
Liquidity shortfalls end of Q3 | 2022-12-31 | 0 |
Liquidity shortfalls end of Q4 | 2022-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2022-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2022-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2022-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2022-12-31 | 1,776,891 |
Net shortfall amortization installment of oustanding balance | 2022-12-31 | 903,415 |
Waiver amortization installment | 2022-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2022-12-31 | 1,861,703 |
Carryover balance elected to use to offset funding requirement | 2022-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2022-12-31 | 1,311,423 |
Additional cash requirement | 2022-12-31 | 550,280 |
Contributions allocatedtoward minimum required contributions for current year | 2022-12-31 | 550,280 |
Unpaid minimum required contributions for current year | 2022-12-31 | 0 |
Unpaid minimum required contributions for all years | 2022-12-31 | 0 |
Total participants, beginning-of-year | 2022-01-01 | 805 |
Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 641 |
Number of retired or separated participants receiving benefits | 2022-01-01 | 69 |
Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 86 |
Total of all active and inactive participants | 2022-01-01 | 796 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 5 |
Total participants | 2022-01-01 | 801 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 90 |
2021: SONOCO PENSION PLAN 2021 401k membership |
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Market value of plan assets | 2021-12-31 | 37,228,835 |
Acturial value of plan assets | 2021-12-31 | 34,936,640 |
Funding target for retired participants and beneficiaries receiving payment | 2021-12-31 | 3,728,340 |
Number of terminated vested participants | 2021-12-31 | 70 |
Fundng target for terminated vested participants | 2021-12-31 | 3,122,564 |
Active participant vested funding target | 2021-12-31 | 26,897,762 |
Number of active participants | 2021-12-31 | 732 |
Total funding liabilities for active participants | 2021-12-31 | 27,732,781 |
Total participant count | 2021-12-31 | 829 |
Total funding target for all participants | 2021-12-31 | 34,583,685 |
Balance at beginning of prior year after applicable adjustments | 2021-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2021-12-31 | 597,357 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2021-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2021-12-31 | 0 |
Amount remaining of carryover balance | 2021-12-31 | 0 |
Amount remaining of prefunding balance | 2021-12-31 | 597,357 |
Present value of excess contributions | 2021-12-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-12-31 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2021-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2021-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2021-12-31 | 0 |
Balance of carryovers at beginning of current year | 2021-12-31 | 0 |
Balance of prefunding at beginning of current year | 2021-12-31 | 664,978 |
Total employer contributions | 2021-12-31 | 2,520,000 |
Total employee contributions | 2021-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2021-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2021-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2021-12-31 | 2,377,000 |
Unpaid minimum required contributions for all prior years | 2021-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2021-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2021-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2021-12-31 | 1,747,787 |
Net shortfall amortization installment of oustanding balance | 2021-12-31 | 312,023 |
Waiver amortization installment | 2021-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2021-12-31 | 1,776,881 |
Carryover balance elected to use to offset funding requirement | 2021-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2021-12-31 | 0 |
Additional cash requirement | 2021-12-31 | 1,776,881 |
Contributions allocatedtoward minimum required contributions for current year | 2021-12-31 | 2,377,000 |
Unpaid minimum required contributions for current year | 2021-12-31 | 0 |
Unpaid minimum required contributions for all years | 2021-12-31 | 0 |
Total participants, beginning-of-year | 2021-01-01 | 825 |
Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 692 |
Number of retired or separated participants receiving benefits | 2021-01-01 | 45 |
Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 64 |
Total of all active and inactive participants | 2021-01-01 | 801 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 4 |
Total participants | 2021-01-01 | 805 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 150 |
2020: SONOCO PENSION PLAN 2020 401k membership |
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Market value of plan assets | 2020-12-31 | 34,871,941 |
Acturial value of plan assets | 2020-12-31 | 35,291,761 |
Funding target for retired participants and beneficiaries receiving payment | 2020-12-31 | 1,227,557 |
Number of terminated vested participants | 2020-12-31 | 44 |
Fundng target for terminated vested participants | 2020-12-31 | 1,299,151 |
Active participant vested funding target | 2020-12-31 | 29,813,206 |
Number of active participants | 2020-12-31 | 651 |
Total funding liabilities for active participants | 2020-12-31 | 30,574,686 |
Total participant count | 2020-12-31 | 707 |
Total funding target for all participants | 2020-12-31 | 33,101,394 |
Balance at beginning of prior year after applicable adjustments | 2020-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2020-12-31 | 7,010,973 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2020-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2020-12-31 | 6,479,419 |
Amount remaining of carryover balance | 2020-12-31 | 0 |
Amount remaining of prefunding balance | 2020-12-31 | 531,554 |
Present value of excess contributions | 2020-12-31 | 131,157,080 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2020-12-31 | 138,991,007 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2020-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2020-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2020-12-31 | 0 |
Balance of carryovers at beginning of current year | 2020-12-31 | 0 |
Balance of prefunding at beginning of current year | 2020-12-31 | 597,357 |
Total employer contributions | 2020-12-31 | 0 |
Total employee contributions | 2020-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2020-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2020-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2020-12-31 | 0 |
Liquidity shortfalls end of Q1 | 2020-12-31 | 0 |
Liquidity shortfalls end of Q2 | 2020-12-31 | 0 |
Liquidity shortfalls end of Q3 | 2020-12-31 | 0 |
Liquidity shortfalls end of Q4 | 2020-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2020-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2020-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2020-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2020-12-31 | 1,511,075 |
Net shortfall amortization installment of oustanding balance | 2020-12-31 | 0 |
Waiver amortization installment | 2020-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2020-12-31 | 0 |
Carryover balance elected to use to offset funding requirement | 2020-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2020-12-31 | 0 |
Additional cash requirement | 2020-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2020-12-31 | 0 |
Unpaid minimum required contributions for current year | 2020-12-31 | 0 |
Unpaid minimum required contributions for all years | 2020-12-31 | 0 |
Total participants, beginning-of-year | 2020-01-01 | 706 |
Total number of active participants reported on line 7a of the Form 5500 | 2020-01-01 | 753 |
Number of retired or separated participants receiving benefits | 2020-01-01 | 25 |
Number of other retired or separated participants entitled to future benefits | 2020-01-01 | 46 |
Total of all active and inactive participants | 2020-01-01 | 824 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-01-01 | 1 |
Total participants | 2020-01-01 | 825 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-01-01 | 183 |
2019: SONOCO PENSION PLAN 2019 401k membership |
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Market value of plan assets | 2019-12-31 | 504,434,950 |
Acturial value of plan assets | 2019-12-31 | 535,103,915 |
Funding target for retired participants and beneficiaries receiving payment | 2019-12-31 | 210,313,395 |
Number of terminated vested participants | 2019-12-31 | 661 |
Fundng target for terminated vested participants | 2019-12-31 | 58,489,513 |
Active participant vested funding target | 2019-12-31 | 311,230,624 |
Number of active participants | 2019-12-31 | 1,959 |
Total funding liabilities for active participants | 2019-12-31 | 313,765,641 |
Total participant count | 2019-12-31 | 3,527 |
Total funding target for all participants | 2019-12-31 | 582,568,549 |
Balance at beginning of prior year after applicable adjustments | 2019-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2019-12-31 | 41,208,685 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2019-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2019-12-31 | 25,917,674 |
Amount remaining of carryover balance | 2019-12-31 | 0 |
Amount remaining of prefunding balance | 2019-12-31 | 15,291,011 |
Present value of excess contributions | 2019-12-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2019-12-31 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2019-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2019-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2019-12-31 | 0 |
Balance of carryovers at beginning of current year | 2019-12-31 | 0 |
Balance of prefunding at beginning of current year | 2019-12-31 | 14,303,212 |
Total employer contributions | 2019-12-31 | 138,000,000 |
Total employee contributions | 2019-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2019-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2019-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2019-12-31 | 135,146,472 |
Liquidity shortfalls end of Q1 | 2019-12-31 | 0 |
Liquidity shortfalls end of Q2 | 2019-12-31 | 0 |
Liquidity shortfalls end of Q3 | 2019-12-31 | 0 |
Liquidity shortfalls end of Q4 | 2019-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2019-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2019-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2019-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2019-12-31 | 3,699,216 |
Net shortfall amortization installment of oustanding balance | 2019-12-31 | 34,765,746 |
Waiver amortization installment | 2019-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2019-12-31 | 10,468,811 |
Carryover balance elected to use to offset funding requirement | 2019-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2019-12-31 | 6,479,419 |
Additional cash requirement | 2019-12-31 | 3,989,392 |
Contributions allocatedtoward minimum required contributions for current year | 2019-12-31 | 135,146,472 |
Unpaid minimum required contributions for current year | 2019-12-31 | 0 |
Unpaid minimum required contributions for all years | 2019-12-31 | 0 |
Total participants, beginning-of-year | 2019-01-01 | 3,506 |
Total number of active participants reported on line 7a of the Form 5500 | 2019-01-01 | 678 |
Number of retired or separated participants receiving benefits | 2019-01-01 | 11 |
Number of other retired or separated participants entitled to future benefits | 2019-01-01 | 17 |
Total of all active and inactive participants | 2019-01-01 | 706 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2019-01-01 | 0 |
Total participants | 2019-01-01 | 706 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2019-01-01 | 107 |
2018: SONOCO PENSION PLAN 2018 401k membership |
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Market value of plan assets | 2018-12-31 | 560,349,300 |
Acturial value of plan assets | 2018-12-31 | 526,514,834 |
Funding target for retired participants and beneficiaries receiving payment | 2018-12-31 | 173,743,862 |
Number of terminated vested participants | 2018-12-31 | 624 |
Fundng target for terminated vested participants | 2018-12-31 | 52,829,230 |
Active participant vested funding target | 2018-12-31 | 292,978,204 |
Number of active participants | 2018-12-31 | 2,086 |
Total funding liabilities for active participants | 2018-12-31 | 295,553,084 |
Total participant count | 2018-12-31 | 3,492 |
Total funding target for all participants | 2018-12-31 | 522,126,176 |
Balance at beginning of prior year after applicable adjustments | 2018-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2018-12-31 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2018-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2018-12-31 | 0 |
Amount remaining of carryover balance | 2018-12-31 | 0 |
Amount remaining of prefunding balance | 2018-12-31 | 0 |
Present value of excess contributions | 2018-12-31 | 38,872,451 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2018-12-31 | 41,208,685 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2018-12-31 | 41,208,685 |
Reductions in caryover balances due to elections or deemed elections | 2018-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2018-12-31 | 0 |
Balance of carryovers at beginning of current year | 2018-12-31 | 0 |
Balance of prefunding at beginning of current year | 2018-12-31 | 41,208,685 |
Total employer contributions | 2018-12-31 | 0 |
Total employee contributions | 2018-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2018-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2018-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2018-12-31 | 0 |
Liquidity shortfalls end of Q1 | 2018-12-31 | 0 |
Liquidity shortfalls end of Q2 | 2018-12-31 | 0 |
Liquidity shortfalls end of Q3 | 2018-12-31 | 0 |
Liquidity shortfalls end of Q4 | 2018-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2018-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2018-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2018-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2018-12-31 | 18,840,991 |
Net shortfall amortization installment of oustanding balance | 2018-12-31 | 36,820,027 |
Waiver amortization installment | 2018-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2018-12-31 | 25,917,674 |
Carryover balance elected to use to offset funding requirement | 2018-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2018-12-31 | 25,917,674 |
Additional cash requirement | 2018-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2018-12-31 | 0 |
Unpaid minimum required contributions for current year | 2018-12-31 | 0 |
Unpaid minimum required contributions for all years | 2018-12-31 | 0 |
Total participants, beginning-of-year | 2018-01-01 | 3,482 |
Total number of active participants reported on line 7a of the Form 5500 | 2018-01-01 | 2,015 |
Number of retired or separated participants receiving benefits | 2018-01-01 | 834 |
Number of other retired or separated participants entitled to future benefits | 2018-01-01 | 592 |
Total of all active and inactive participants | 2018-01-01 | 3,441 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2018-01-01 | 65 |
Total participants | 2018-01-01 | 3,506 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2018-01-01 | 72 |
2017: SONOCO PENSION PLAN 2017 401k membership |
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Market value of plan assets | 2017-12-31 | 433,254,630 |
Acturial value of plan assets | 2017-12-31 | 442,115,566 |
Funding target for retired participants and beneficiaries receiving payment | 2017-12-31 | 141,096,884 |
Number of terminated vested participants | 2017-12-31 | 589 |
Fundng target for terminated vested participants | 2017-12-31 | 52,598,278 |
Active participant vested funding target | 2017-12-31 | 281,867,755 |
Number of active participants | 2017-12-31 | 2,258 |
Total funding liabilities for active participants | 2017-12-31 | 284,613,676 |
Total participant count | 2017-12-31 | 3,508 |
Total funding target for all participants | 2017-12-31 | 478,308,838 |
Balance at beginning of prior year after applicable adjustments | 2017-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2017-12-31 | 992,795 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2017-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2017-12-31 | 992,795 |
Amount remaining of carryover balance | 2017-12-31 | 0 |
Amount remaining of prefunding balance | 2017-12-31 | 0 |
Present value of excess contributions | 2017-12-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2017-12-31 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2017-12-31 | 0 |
Balance of carryovers at beginning of current year | 2017-12-31 | 0 |
Balance of prefunding at beginning of current year | 2017-12-31 | 0 |
Total employer contributions | 2017-12-31 | 66,855,137 |
Total employee contributions | 2017-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2017-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2017-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2017-12-31 | 64,493,066 |
Liquidity shortfalls end of Q1 | 2017-12-31 | 0 |
Liquidity shortfalls end of Q2 | 2017-12-31 | 0 |
Liquidity shortfalls end of Q3 | 2017-12-31 | 0 |
Liquidity shortfalls end of Q4 | 2017-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2017-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2017-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2017-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2017-12-31 | 19,369,476 |
Net shortfall amortization installment of oustanding balance | 2017-12-31 | 36,193,272 |
Waiver amortization installment | 2017-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2017-12-31 | 25,620,615 |
Carryover balance elected to use to offset funding requirement | 2017-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2017-12-31 | 0 |
Additional cash requirement | 2017-12-31 | 25,620,615 |
Contributions allocatedtoward minimum required contributions for current year | 2017-12-31 | 64,493,066 |
Unpaid minimum required contributions for current year | 2017-12-31 | 0 |
Unpaid minimum required contributions for all years | 2017-12-31 | 0 |
Total participants, beginning-of-year | 2017-01-01 | 3,498 |
Total number of active participants reported on line 7a of the Form 5500 | 2017-01-01 | 2,128 |
Number of retired or separated participants receiving benefits | 2017-01-01 | 729 |
Number of other retired or separated participants entitled to future benefits | 2017-01-01 | 574 |
Total of all active and inactive participants | 2017-01-01 | 3,431 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2017-01-01 | 51 |
Total participants | 2017-01-01 | 3,482 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2017-01-01 | 49 |
2016: SONOCO PENSION PLAN 2016 401k membership |
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Market value of plan assets | 2016-12-31 | 393,209,556 |
Acturial value of plan assets | 2016-12-31 | 414,265,123 |
Funding target for retired participants and beneficiaries receiving payment | 2016-12-31 | 102,863,601 |
Number of terminated vested participants | 2016-12-31 | 479 |
Fundng target for terminated vested participants | 2016-12-31 | 38,593,695 |
Active participant vested funding target | 2016-12-31 | 284,947,168 |
Number of active participants | 2016-12-31 | 2,517 |
Total funding liabilities for active participants | 2016-12-31 | 287,652,953 |
Total participant count | 2016-12-31 | 3,505 |
Total funding target for all participants | 2016-12-31 | 429,110,249 |
Balance at beginning of prior year after applicable adjustments | 2016-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2016-12-31 | 20,832,276 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2016-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2016-12-31 | 19,817,771 |
Amount remaining of carryover balance | 2016-12-31 | 0 |
Amount remaining of prefunding balance | 2016-12-31 | 1,014,505 |
Present value of excess contributions | 2016-12-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2016-12-31 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2016-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2016-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2016-12-31 | 0 |
Balance of carryovers at beginning of current year | 2016-12-31 | 0 |
Balance of prefunding at beginning of current year | 2016-12-31 | 992,795 |
Total employer contributions | 2016-12-31 | 22,714,863 |
Total employee contributions | 2016-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2016-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2016-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2016-12-31 | 22,120,256 |
Unpaid minimum required contributions for all prior years | 2016-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2016-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2016-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2016-12-31 | 20,496,255 |
Net shortfall amortization installment of oustanding balance | 2016-12-31 | 15,837,921 |
Waiver amortization installment | 2016-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2016-12-31 | 23,113,051 |
Carryover balance elected to use to offset funding requirement | 2016-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2016-12-31 | 992,795 |
Additional cash requirement | 2016-12-31 | 22,120,256 |
Contributions allocatedtoward minimum required contributions for current year | 2016-12-31 | 22,120,256 |
Unpaid minimum required contributions for current year | 2016-12-31 | 0 |
Unpaid minimum required contributions for all years | 2016-12-31 | 0 |
Total participants, beginning-of-year | 2016-01-01 | 3,526 |
Total number of active participants reported on line 7a of the Form 5500 | 2016-01-01 | 2,277 |
Number of retired or separated participants receiving benefits | 2016-01-01 | 627 |
Number of other retired or separated participants entitled to future benefits | 2016-01-01 | 569 |
Total of all active and inactive participants | 2016-01-01 | 3,473 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2016-01-01 | 46 |
Total participants | 2016-01-01 | 3,519 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2016-01-01 | 58 |
2015: SONOCO PENSION PLAN 2015 401k membership |
---|
Total participants, beginning-of-year | 2015-01-01 | 3,568 |
Total number of active participants reported on line 7a of the Form 5500 | 2015-01-01 | 2,464 |
Number of retired or separated participants receiving benefits | 2015-01-01 | 478 |
Number of other retired or separated participants entitled to future benefits | 2015-01-01 | 461 |
Total of all active and inactive participants | 2015-01-01 | 3,403 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2015-01-01 | 32 |
Total participants | 2015-01-01 | 3,435 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2015-01-01 | 64 |
2014: SONOCO PENSION PLAN 2014 401k membership |
---|
Total participants, beginning-of-year | 2014-01-01 | 3,641 |
Total number of active participants reported on line 7a of the Form 5500 | 2014-01-01 | 2,790 |
Number of retired or separated participants receiving benefits | 2014-01-01 | 368 |
Number of other retired or separated participants entitled to future benefits | 2014-01-01 | 345 |
Total of all active and inactive participants | 2014-01-01 | 3,503 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2014-01-01 | 24 |
Total participants | 2014-01-01 | 3,527 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2014-01-01 | 45 |
2013: SONOCO PENSION PLAN 2013 401k membership |
---|
Total participants, beginning-of-year | 2013-01-01 | 3,566 |
Total number of active participants reported on line 7a of the Form 5500 | 2013-01-01 | 3,063 |
Number of retired or separated participants receiving benefits | 2013-01-01 | 267 |
Number of other retired or separated participants entitled to future benefits | 2013-01-01 | 300 |
Total of all active and inactive participants | 2013-01-01 | 3,630 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2013-01-01 | 16 |
Total participants | 2013-01-01 | 3,646 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2013-01-01 | 98 |
2012: SONOCO PENSION PLAN 2012 401k membership |
---|
Total participants, beginning-of-year | 2012-01-01 | 3,495 |
Total number of active participants reported on line 7a of the Form 5500 | 2012-01-01 | 3,115 |
Number of retired or separated participants receiving benefits | 2012-01-01 | 164 |
Number of other retired or separated participants entitled to future benefits | 2012-01-01 | 230 |
Total of all active and inactive participants | 2012-01-01 | 3,509 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2012-01-01 | 9 |
Total participants | 2012-01-01 | 3,518 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2012-01-01 | 64 |
2011: SONOCO PENSION PLAN 2011 401k membership |
---|
Total participants, beginning-of-year | 2011-01-01 | 3,518 |
Total number of active participants reported on line 7a of the Form 5500 | 2011-01-01 | 3,245 |
Number of retired or separated participants receiving benefits | 2011-01-01 | 85 |
Number of other retired or separated participants entitled to future benefits | 2011-01-01 | 142 |
Total of all active and inactive participants | 2011-01-01 | 3,472 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2011-01-01 | 5 |
Total participants | 2011-01-01 | 3,477 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2011-01-01 | 46 |
2009: SONOCO PENSION PLAN 2009 401k membership |
---|
Total participants, beginning-of-year | 2009-01-01 | 15,565 |
Total number of active participants reported on line 7a of the Form 5500 | 2009-01-01 | 5,545 |
Number of retired or separated participants receiving benefits | 2009-01-01 | 4,736 |
Number of other retired or separated participants entitled to future benefits | 2009-01-01 | 4,224 |
Total of all active and inactive participants | 2009-01-01 | 14,505 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2009-01-01 | 873 |
Total participants | 2009-01-01 | 15,378 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2009-01-01 | 66 |
Measure | Date | Value |
---|
2022 : SONOCO PENSION PLAN 2022 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $92,000 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $26,000 |
Total income from all sources (including contributions) | 2022-12-31 | $-10,039,000 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $2,142,000 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $933,000 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $582,000 |
Value of total assets at end of year | 2022-12-31 | $40,035,000 |
Value of total assets at beginning of year | 2022-12-31 | $52,150,000 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $1,209,000 |
Total interest from all sources | 2022-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Administrative expenses professional fees incurred | 2022-12-31 | $243,000 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $20,000,000 |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Administrative expenses (other) incurred | 2022-12-31 | $552,000 |
Liabilities. Value of operating payables at end of year | 2022-12-31 | $92,000 |
Liabilities. Value of operating payables at beginning of year | 2022-12-31 | $26,000 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $-12,181,000 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $39,943,000 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $52,124,000 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Investment advisory and management fees | 2022-12-31 | $414,000 |
Value of interest in master investment trust accounts at end of year | 2022-12-31 | $39,453,000 |
Value of interest in master investment trust accounts at beginning of year | 2022-12-31 | $49,630,000 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Contributions received in cash from employer | 2022-12-31 | $582,000 |
Employer contributions (assets) at end of year | 2022-12-31 | $582,000 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $2,520,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $933,000 |
Did the plan have assets held for investment | 2022-12-31 | No |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | CROWE LLP |
Accountancy firm EIN | 2022-12-31 | 350921680 |
2021 : SONOCO PENSION PLAN 2021 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $26,000 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $47,000 |
Total income from all sources (including contributions) | 2021-12-31 | $3,126,000 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $1,204,000 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $581,000 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $2,520,000 |
Value of total assets at end of year | 2021-12-31 | $52,150,000 |
Value of total assets at beginning of year | 2021-12-31 | $50,249,000 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $623,000 |
Total interest from all sources | 2021-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Administrative expenses professional fees incurred | 2021-12-31 | $525,000 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $20,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Administrative expenses (other) incurred | 2021-12-31 | $93,000 |
Liabilities. Value of operating payables at end of year | 2021-12-31 | $26,000 |
Liabilities. Value of operating payables at beginning of year | 2021-12-31 | $47,000 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $1,922,000 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $52,124,000 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $50,202,000 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Investment advisory and management fees | 2021-12-31 | $5,000 |
Value of interest in master investment trust accounts at end of year | 2021-12-31 | $49,630,000 |
Value of interest in master investment trust accounts at beginning of year | 2021-12-31 | $50,249,000 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Contributions received in cash from employer | 2021-12-31 | $2,520,000 |
Employer contributions (assets) at end of year | 2021-12-31 | $2,520,000 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $581,000 |
Did the plan have assets held for investment | 2021-12-31 | No |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | CROWE LLP |
Accountancy firm EIN | 2021-12-31 | 350921680 |
2020 : SONOCO PENSION PLAN 2020 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $47,000 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $59,000 |
Total income from all sources (including contributions) | 2020-12-31 | $5,138,000 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $1,655,000 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $270,000 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $0 |
Value of total assets at end of year | 2020-12-31 | $50,249,000 |
Value of total assets at beginning of year | 2020-12-31 | $46,778,000 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $1,385,000 |
Total interest from all sources | 2020-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Administrative expenses professional fees incurred | 2020-12-31 | $1,000,000 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $20,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Administrative expenses (other) incurred | 2020-12-31 | $383,000 |
Liabilities. Value of operating payables at end of year | 2020-12-31 | $47,000 |
Liabilities. Value of operating payables at beginning of year | 2020-12-31 | $59,000 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $3,483,000 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $50,202,000 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $46,719,000 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Investment advisory and management fees | 2020-12-31 | $2,000 |
Value of interest in master investment trust accounts at end of year | 2020-12-31 | $50,249,000 |
Value of interest in master investment trust accounts at beginning of year | 2020-12-31 | $46,778,000 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $270,000 |
Did the plan have assets held for investment | 2020-12-31 | No |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
Accountancy firm name | 2020-12-31 | CROWE LLP |
Accountancy firm EIN | 2020-12-31 | 350921680 |
2019 : SONOCO PENSION PLAN 2019 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
Total transfer of assets from this plan | 2019-12-31 | $662,622,000 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $59,000 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $326,000 |
Total income from all sources (including contributions) | 2019-12-31 | $211,793,000 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $16,492,000 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $13,305,000 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $138,000,000 |
Value of total assets at end of year | 2019-12-31 | $46,778,000 |
Value of total assets at beginning of year | 2019-12-31 | $514,366,000 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $3,187,000 |
Total interest from all sources | 2019-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Administrative expenses professional fees incurred | 2019-12-31 | $808,000 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $20,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Administrative expenses (other) incurred | 2019-12-31 | $2,178,000 |
Liabilities. Value of operating payables at end of year | 2019-12-31 | $59,000 |
Liabilities. Value of operating payables at beginning of year | 2019-12-31 | $326,000 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $195,301,000 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $46,719,000 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $514,040,000 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Investment advisory and management fees | 2019-12-31 | $98,000 |
Value of interest in master investment trust accounts at end of year | 2019-12-31 | $46,778,000 |
Value of interest in master investment trust accounts at beginning of year | 2019-12-31 | $514,366,000 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Contributions received in cash from employer | 2019-12-31 | $138,000,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $13,305,000 |
Contract administrator fees | 2019-12-31 | $103,000 |
Did the plan have assets held for investment | 2019-12-31 | No |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | CROWE LLP |
Accountancy firm EIN | 2019-12-31 | 350921680 |
2018 : SONOCO PENSION PLAN 2018 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
Total transfer of assets from this plan | 2018-12-31 | $10,000 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $326,000 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $555,000 |
Total income from all sources (including contributions) | 2018-12-31 | $-36,002,000 |
Total loss/gain on sale of assets | 2018-12-31 | $0 |
Total of all expenses incurred | 2018-12-31 | $20,919,000 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $17,411,000 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $0 |
Value of total assets at end of year | 2018-12-31 | $514,366,000 |
Value of total assets at beginning of year | 2018-12-31 | $571,526,000 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $3,508,000 |
Total interest from all sources | 2018-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Administrative expenses professional fees incurred | 2018-12-31 | $3,508,000 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $20,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Liabilities. Value of operating payables at end of year | 2018-12-31 | $326,000 |
Liabilities. Value of operating payables at beginning of year | 2018-12-31 | $555,000 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Value of net income/loss | 2018-12-31 | $-56,921,000 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $514,040,000 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $570,971,000 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Value of interest in master investment trust accounts at end of year | 2018-12-31 | $514,366,000 |
Value of interest in master investment trust accounts at beginning of year | 2018-12-31 | $571,526,000 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $17,411,000 |
Did the plan have assets held for investment | 2018-12-31 | No |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
Accountancy firm name | 2018-12-31 | GRANT THORNTON, LLP |
Accountancy firm EIN | 2018-12-31 | 366055558 |
2017 : SONOCO PENSION PLAN 2017 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
Total transfer of assets to this plan | 2017-12-31 | $1,359,000 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $555,000 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $337,000 |
Total income from all sources (including contributions) | 2017-12-31 | $146,060,000 |
Total loss/gain on sale of assets | 2017-12-31 | $0 |
Total of all expenses incurred | 2017-12-31 | $18,538,000 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $14,754,000 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $66,855,000 |
Value of total assets at end of year | 2017-12-31 | $571,526,000 |
Value of total assets at beginning of year | 2017-12-31 | $442,427,000 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $3,784,000 |
Total interest from all sources | 2017-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
Administrative expenses professional fees incurred | 2017-12-31 | $3,784,000 |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $10,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
Liabilities. Value of operating payables at end of year | 2017-12-31 | $555,000 |
Liabilities. Value of operating payables at beginning of year | 2017-12-31 | $337,000 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Value of net income/loss | 2017-12-31 | $127,522,000 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $570,971,000 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $442,090,000 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
Value of interest in master investment trust accounts at end of year | 2017-12-31 | $571,526,000 |
Value of interest in master investment trust accounts at beginning of year | 2017-12-31 | $433,712,000 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
Contributions received in cash from employer | 2017-12-31 | $66,855,000 |
Employer contributions (assets) at end of year | 2017-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2017-12-31 | $8,715,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $14,754,000 |
Did the plan have assets held for investment | 2017-12-31 | No |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
Accountancy firm name | 2017-12-31 | GRANT THORNTON, LLP |
Accountancy firm EIN | 2017-12-31 | 366055558 |
2016 : SONOCO PENSION PLAN 2016 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
Total transfer of assets to this plan | 2016-12-31 | $321,000 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $337,000 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $344,000 |
Total income from all sources (including contributions) | 2016-12-31 | $55,543,000 |
Total loss/gain on sale of assets | 2016-12-31 | $0 |
Total of all expenses incurred | 2016-12-31 | $14,761,000 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $11,654,000 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $22,715,000 |
Value of total assets at end of year | 2016-12-31 | $442,427,000 |
Value of total assets at beginning of year | 2016-12-31 | $401,331,000 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $3,107,000 |
Total interest from all sources | 2016-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
Administrative expenses professional fees incurred | 2016-12-31 | $3,107,000 |
Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
Value of fidelity bond cover | 2016-12-31 | $10,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
Liabilities. Value of operating payables at end of year | 2016-12-31 | $337,000 |
Liabilities. Value of operating payables at beginning of year | 2016-12-31 | $344,000 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Value of net income/loss | 2016-12-31 | $40,782,000 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $442,090,000 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $400,987,000 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
Value of interest in master investment trust accounts at end of year | 2016-12-31 | $433,712,000 |
Value of interest in master investment trust accounts at beginning of year | 2016-12-31 | $401,331,000 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
Contributions received in cash from employer | 2016-12-31 | $22,715,000 |
Employer contributions (assets) at end of year | 2016-12-31 | $8,715,000 |
Employer contributions (assets) at beginning of year | 2016-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $11,654,000 |
Did the plan have assets held for investment | 2016-12-31 | No |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
Accountancy firm name | 2016-12-31 | GRANT THORNTON, LLP |
Accountancy firm EIN | 2016-12-31 | 366055558 |
2015 : SONOCO PENSION PLAN 2015 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2015-12-31 | $0 |
Total transfer of assets from this plan | 2015-12-31 | $370,000 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $344,000 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $245,000 |
Total income from all sources (including contributions) | 2015-12-31 | $-8,597,000 |
Total loss/gain on sale of assets | 2015-12-31 | $0 |
Total of all expenses incurred | 2015-12-31 | $11,656,000 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $8,738,000 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $0 |
Value of total assets at end of year | 2015-12-31 | $401,331,000 |
Value of total assets at beginning of year | 2015-12-31 | $421,855,000 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $2,918,000 |
Total interest from all sources | 2015-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
Administrative expenses professional fees incurred | 2015-12-31 | $2,918,000 |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $10,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
Liabilities. Value of operating payables at end of year | 2015-12-31 | $344,000 |
Liabilities. Value of operating payables at beginning of year | 2015-12-31 | $245,000 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Value of net income/loss | 2015-12-31 | $-20,253,000 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $400,987,000 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $421,610,000 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
Value of interest in master investment trust accounts at end of year | 2015-12-31 | $401,331,000 |
Value of interest in master investment trust accounts at beginning of year | 2015-12-31 | $421,855,000 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $8,738,000 |
Did the plan have assets held for investment | 2015-12-31 | No |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
Accountancy firm name | 2015-12-31 | GRANT THORNTON, LLP |
Accountancy firm EIN | 2015-12-31 | 366055558 |
2014 : SONOCO PENSION PLAN 2014 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2014-12-31 | $0 |
Total transfer of assets to this plan | 2014-12-31 | $12,000 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $245,000 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $533,000 |
Total income from all sources (including contributions) | 2014-12-31 | $38,406,000 |
Total loss/gain on sale of assets | 2014-12-31 | $0 |
Total of all expenses incurred | 2014-12-31 | $8,906,000 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $6,647,000 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $0 |
Value of total assets at end of year | 2014-12-31 | $421,855,000 |
Value of total assets at beginning of year | 2014-12-31 | $392,631,000 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $2,259,000 |
Total interest from all sources | 2014-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
Administrative expenses professional fees incurred | 2014-12-31 | $2,259,000 |
Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
Value of fidelity bond cover | 2014-12-31 | $10,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
Liabilities. Value of operating payables at end of year | 2014-12-31 | $245,000 |
Liabilities. Value of operating payables at beginning of year | 2014-12-31 | $533,000 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
Value of net income/loss | 2014-12-31 | $29,500,000 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $421,610,000 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $392,098,000 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
Value of interest in master investment trust accounts at end of year | 2014-12-31 | $421,855,000 |
Value of interest in master investment trust accounts at beginning of year | 2014-12-31 | $366,831,000 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
Employer contributions (assets) at end of year | 2014-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2014-12-31 | $25,800,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $6,647,000 |
Did the plan have assets held for investment | 2014-12-31 | No |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
Accountancy firm name | 2014-12-31 | GRANT THORNTON, LLP |
Accountancy firm EIN | 2014-12-31 | 366055558 |
2013 : SONOCO PENSION PLAN 2013 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2013-12-31 | $0 |
Total transfer of assets to this plan | 2013-12-31 | $206,000 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $533,000 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $442,000 |
Total income from all sources (including contributions) | 2013-12-31 | $59,002,000 |
Total loss/gain on sale of assets | 2013-12-31 | $0 |
Total of all expenses incurred | 2013-12-31 | $7,144,000 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $4,935,000 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $25,800,000 |
Value of total assets at end of year | 2013-12-31 | $392,631,000 |
Value of total assets at beginning of year | 2013-12-31 | $340,476,000 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $2,209,000 |
Total interest from all sources | 2013-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
Administrative expenses professional fees incurred | 2013-12-31 | $2,209,000 |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2013-12-31 | $9,000 |
Liabilities. Value of operating payables at end of year | 2013-12-31 | $533,000 |
Liabilities. Value of operating payables at beginning of year | 2013-12-31 | $442,000 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
Value of net income/loss | 2013-12-31 | $51,858,000 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $392,098,000 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $340,034,000 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
Value of interest in master investment trust accounts at end of year | 2013-12-31 | $366,831,000 |
Value of interest in master investment trust accounts at beginning of year | 2013-12-31 | $340,476,000 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
Contributions received in cash from employer | 2013-12-31 | $25,800,000 |
Employer contributions (assets) at end of year | 2013-12-31 | $25,800,000 |
Employer contributions (assets) at beginning of year | 2013-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $4,926,000 |
Did the plan have assets held for investment | 2013-12-31 | No |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
Accountancy firm name | 2013-12-31 | GRANT THORNTON, LLP |
Accountancy firm EIN | 2013-12-31 | 366055558 |
2012 : SONOCO PENSION PLAN 2012 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2012-12-31 | $0 |
Total transfer of assets from this plan | 2012-12-31 | $293,000 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $442,000 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $1,503,000 |
Total income from all sources (including contributions) | 2012-12-31 | $41,786,000 |
Total loss/gain on sale of assets | 2012-12-31 | $0 |
Total of all expenses incurred | 2012-12-31 | $3,402,000 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $2,787,000 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $0 |
Value of total assets at end of year | 2012-12-31 | $340,476,000 |
Value of total assets at beginning of year | 2012-12-31 | $303,446,000 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $615,000 |
Total interest from all sources | 2012-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
Administrative expenses professional fees incurred | 2012-12-31 | $615,000 |
Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
Value of fidelity bond cover | 2012-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2012-12-31 | $11,000 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2012-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2012-12-31 | $975,000 |
Liabilities. Value of operating payables at end of year | 2012-12-31 | $442,000 |
Liabilities. Value of operating payables at beginning of year | 2012-12-31 | $1,503,000 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Value of net income/loss | 2012-12-31 | $38,384,000 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $340,034,000 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $301,943,000 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
Value of interest in master investment trust accounts at end of year | 2012-12-31 | $340,476,000 |
Value of interest in master investment trust accounts at beginning of year | 2012-12-31 | $270,971,000 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
Employer contributions (assets) at end of year | 2012-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2012-12-31 | $31,500,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $2,776,000 |
Did the plan have assets held for investment | 2012-12-31 | No |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
Accountancy firm name | 2012-12-31 | GRANT THORNTON, LLP |
Accountancy firm EIN | 2012-12-31 | 366055558 |
2011 : SONOCO PENSION PLAN 2011 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2011-12-31 | $0 |
Total transfer of assets from this plan | 2011-12-31 | $644,003,000 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $1,503,000 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $15,739,000 |
Total income from all sources (including contributions) | 2011-12-31 | $51,913,000 |
Total loss/gain on sale of assets | 2011-12-31 | $0 |
Total of all expenses incurred | 2011-12-31 | $3,248,000 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $1,231,000 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $38,749,000 |
Value of total assets at end of year | 2011-12-31 | $303,446,000 |
Value of total assets at beginning of year | 2011-12-31 | $919,311,000 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $2,017,000 |
Total interest from all sources | 2011-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
Assets. Real estate other than employer real property at end of year | 2011-12-31 | $0 |
Assets. Real estate other than employer real property at beginning of year | 2011-12-31 | $37,067,000 |
Administrative expenses professional fees incurred | 2011-12-31 | $2,017,000 |
Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
Value of fidelity bond cover | 2011-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
Assets. Other investments not covered elsewhere at end of year | 2011-12-31 | $0 |
Assets. Other investments not covered elsewhere at beginning of year | 2011-12-31 | $59,349,000 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2011-12-31 | $975,000 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2011-12-31 | $11,745,000 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2011-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2011-12-31 | $14,573,000 |
Liabilities. Value of operating payables at end of year | 2011-12-31 | $1,503,000 |
Liabilities. Value of operating payables at beginning of year | 2011-12-31 | $1,166,000 |
Total non interest bearing cash at end of year | 2011-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2011-12-31 | $755,000 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Value of net income/loss | 2011-12-31 | $48,665,000 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $301,943,000 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $903,572,000 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $332,865,000 |
Value of interest in master investment trust accounts at end of year | 2011-12-31 | $270,971,000 |
Value of interest in common/collective trusts at end of year | 2011-12-31 | $0 |
Value of interest in common/collective trusts at beginning of year | 2011-12-31 | $187,118,000 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $0 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $86,601,000 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $86,601,000 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
Contributions received in cash from employer | 2011-12-31 | $38,749,000 |
Employer contributions (assets) at end of year | 2011-12-31 | $31,500,000 |
Employer contributions (assets) at beginning of year | 2011-12-31 | $84,967,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $1,231,000 |
Assets. Corporate common stocks other than exployer securities at end of year | 2011-12-31 | $0 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2011-12-31 | $118,844,000 |
Did the plan have assets held for investment | 2011-12-31 | No |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
Accountancy firm name | 2011-12-31 | GRANT THORNTON, LLP |
Accountancy firm EIN | 2011-12-31 | 366055558 |
2010 : SONOCO PENSION PLAN 2010 401k financial data |
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Unrealized appreciation/depreciation of real estate assets | 2010-12-31 | $-10,705,000 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2010-12-31 | $23,159,000 |
Total unrealized appreciation/depreciation of assets | 2010-12-31 | $12,454,000 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $15,739,000 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $21,190,000 |
Total income from all sources (including contributions) | 2010-12-31 | $180,345,000 |
Total loss/gain on sale of assets | 2010-12-31 | $0 |
Total of all expenses incurred | 2010-12-31 | $58,003,000 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $52,329,000 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $84,970,000 |
Value of total assets at end of year | 2010-12-31 | $919,311,000 |
Value of total assets at beginning of year | 2010-12-31 | $802,420,000 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $5,674,000 |
Total interest from all sources | 2010-12-31 | $362,000 |
Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $5,651,000 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2010-12-31 | $4,424,000 |
Assets. Real estate other than employer real property at end of year | 2010-12-31 | $37,067,000 |
Assets. Real estate other than employer real property at beginning of year | 2010-12-31 | $32,366,000 |
Administrative expenses professional fees incurred | 2010-12-31 | $1,940,784 |
Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
Value of fidelity bond cover | 2010-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
Assets. Other investments not covered elsewhere at end of year | 2010-12-31 | $59,349,000 |
Assets. Other investments not covered elsewhere at beginning of year | 2010-12-31 | $37,332,000 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2010-12-31 | $11,745,000 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2010-12-31 | $20,161,000 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2010-12-31 | $14,573,000 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2010-12-31 | $20,150,000 |
Other income not declared elsewhere | 2010-12-31 | $1,000 |
Administrative expenses (other) incurred | 2010-12-31 | $762,084 |
Liabilities. Value of operating payables at end of year | 2010-12-31 | $1,166,000 |
Liabilities. Value of operating payables at beginning of year | 2010-12-31 | $1,040,000 |
Total non interest bearing cash at end of year | 2010-12-31 | $755,000 |
Total non interest bearing cash at beginning of year | 2010-12-31 | $16,000 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Value of net income/loss | 2010-12-31 | $122,342,000 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $903,572,000 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $781,230,000 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
Investment advisory and management fees | 2010-12-31 | $2,605,243 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $332,865,000 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $313,731,000 |
Interest earned on other investments | 2010-12-31 | $128,000 |
Value of interest in common/collective trusts at end of year | 2010-12-31 | $187,118,000 |
Value of interest in common/collective trusts at beginning of year | 2010-12-31 | $213,920,000 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $86,601,000 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $81,133,000 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $81,133,000 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $234,000 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $-5,966,000 |
Net investment gain or loss from common/collective trusts | 2010-12-31 | $82,873,000 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
Contributions received in cash from employer | 2010-12-31 | $84,970,000 |
Employer contributions (assets) at end of year | 2010-12-31 | $84,967,000 |
Employer contributions (assets) at beginning of year | 2010-12-31 | $0 |
Income. Dividends from common stock | 2010-12-31 | $1,227,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $52,329,000 |
Contract administrator fees | 2010-12-31 | $365,889 |
Assets. Corporate common stocks other than exployer securities at end of year | 2010-12-31 | $118,844,000 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2010-12-31 | $103,761,000 |
Did the plan have assets held for investment | 2010-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
Accountancy firm name | 2010-12-31 | GRANT THORNTON, LLP |
Accountancy firm EIN | 2010-12-31 | 366055558 |
2009 : SONOCO PENSION PLAN 2009 401k financial data |
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Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |