Defined Benefit (Pension) · DOL Form 5500 · 2022
Sonoco Products Company Pension Plan
Data updated 2026-08-25
- $40M
- Total assets Below avg plan size
- 692
- Participants Below avg headcount
- 86th
- Percentile by assets National rank
- $57,854
- Avg per participant Low balance/head
Official DOL plan name: Sonoco Pension Plan · Sponsored by Sonoco Products Company · South Carolina · Manufacturing
$40M in assets, 692 participants
Sonoco Products Company's Sonoco Pension Plan reported $40M in total assets and 692 participants in its 2022 DOL Form 5500 filing, ranking in the 86th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- #16,413 in Manufacturing (20,602 peers)
Where Sonoco Pension Plan sits by assets
Sonoco Pension Plan sits in the top quartile of all filed plans by assets, $40M for 692 participants (~$57,854/participant), down 23.2% in 2022.
- #16,413
- in Manufacturing (20,602 peers)
- -23.2%
- assets change YoY
- 0.4×
- vs typical plan assets (national mean)
The plan reported a net loss of $12M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Sonoco Pension Plan's outsized position by total assets
Sonoco Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$40,035,000 Top 14% higher than 86% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Sonoco Pension Plan among mid-size filed plans by headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sonoco Pension Plan sits mid-pack in the medium band (692 participants).
EBSA filing schedule strip
Filing strip 570248420 · Sonoco Products Company PY 2022 · Defined Benefit (Pension)
Sonoco Pension Plan · $40M · 692 · 86th
- PHOTO $40M
- IND 692
- EOY 86th
- 5500 Defined Benefit (Pension)
- ASSETS near Titan Tire Corporation Employees' Pension Plan
- PCT ind #16413
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in South Carolina →
Sonoco Pension Plan in the asset neighbourhood
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $52M |
|---|---|
| Net Assets (End of Year) | $40M |
| Net Income | -$12M |
| Employer EIN | 570248420 |
| Plan Effective Date | 1968-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sonoco Products Company)
Sponsor-wide plan assets over time
All Sonoco Products Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.7B 36.131543557252286% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 10,406 | $1.3B |
| 2023 | 5 | 40,361 | $5.1B |
| 2024 | 2 | 12,429 | $1.7B |
Nearby Defined Benefit (Pension) Plans in South Carolina
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- The Savannah River Nuclear Solutions, LLC Multiple Employer Pension Plan $3.7B · 2,366
- Michelin Retirement Plan $2.1B · 4,145
- Non-Contributory Retirement Program for Certain Empl of Bcbssc $1.2B · 4,649
- Kennametal Inc. Retirement Income Plan $535M · 619
- Waterfront Employers - Ila Pension Plan $440M · 1,720
Sonoco Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside South Carolina, the nearest Defined Benefit (Pension) by assets is Titan Tire Corporation Employees' Pension Plan in IL ($40M); by covered participants it is Sps Technologies, LLC Retirement Income Plan in PA (692 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($40M here).
- Titan Tire Corporation Employees' Pension Plan (IL) $40M · 18
- Brown-Forman Corporation Retirement Plan (KY) $40M · 113
- L3harris Pension Plan for Employees at the Pacific Missile Range Facility (FL) $40M · N/A
- Pension Plan for Employees of U.S. Natural Resources and Friedrich Air Conditioning Co. (WA) $40M · 113
Similar participant headcount
Nearest other-state filings by covered participants (692 participants); asset peers above are excluded.
- Sps Technologies, LLC Retirement Income Plan (PA) 692 · 0 off
- The Terumo Retirement Plan (NJ) 691 · 1 off
- Vassar Brothers Hospital Pension Plan (CT) 691 · 1 off
- Retirement Plan for Employees of Redington Fairview General Hospital (ME) 693 · 1 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.