Defined Benefit (Pension) · DOL Form 5500 · 2024

Sonoco Products Company Pension Plan

Data updated 2026-08-25

$44M
Total assets Below avg plan size
616
Participants Below avg headcount
83rd
Percentile by assets National rank
$71,495
Avg per participant Below avg balance/head
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Official DOL plan name: Sonoco Pension Plan · Sponsored by Sonoco Products Company · South Carolina · Manufacturing

$44M in assets, 616 participants

Sonoco Products Company's Sonoco Pension Plan reported $44M in total assets and 616 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd 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.

  • #13,437 in Manufacturing (17,777 peers)

Where Sonoco Pension Plan sits by assets

Sonoco Pension Plan sits in the top quartile of all filed plans by assets, $44M for 616 participants (~$71,495/participant), up 1.0% in 2024.

#13,437
in Manufacturing (17,777 peers)
+1.0%
assets growth YoY
0.4×
vs typical plan assets (national mean)

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 2024 · DOL Form 5500

$44,041,000 Top 17% higher than 83% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Sonoco Pension Plan among mid-size filed plans by headcount

Plan-year 2024 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 (616 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sonoco Pension Plan reported net income fell from $4M in the plan year 2023 filing to $365K in the plan year 2024 filing.
  • Sonoco Pension Plan reported participants fell from 641 in the plan year 2023 filing to 616 in the plan year 2024 filing.
  • Sonoco Pension Plan end-of-year assets rose from $44M in the plan year 2023 filing to $44M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 570248420 · Sonoco Products Company PY 2024 · Defined Benefit (Pension)

Sonoco Pension Plan · $44M · 616 · 83rd

  • VS-ST $44M
  • BOY 616
  • SCH 83rd
  • EBSA Defined Benefit (Pension)
  • PART near Taft Stettinius & Hollister LLP Retirement Plan for Partners
  • TYPE ind #13437

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

Flexi-Van Pension Plan$44MPetroleum Heat and Power Co., Inc. Retirement PlanPetroleum Heat and Power Co.…$44MTaft Stettinius & Hollister LLP Retirement Plan for PartnersTaft Stettinius & Hollister …$44MSonoco Pension Plan$44MSt. Mary's Bank-Lacaisse Populaire Ste-Marie Cu Cash Balance Defined Benefit Retirement Pension PlanSt. Mary's Bank-Lacaisse Pop…$44M
End-of-year total assets ($M) among Sonoco Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$44M
Net Assets (End of Year)$44M
Net Income$365K
Employer EIN570248420
Plan Effective Date1968-01-01
Filing StatusFILING 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
$0B$2B$4B$6B 202220232024 $1.25B $1.71B ▲ +36.8%
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.

Sonoco Pension Plan vs. nearby Defined Benefit (Pension) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. 010002000300040005000 -101234 Total assets ($B) Participants Sonoco Pension Plan, Total assets ($B): 0.044041 · Participants: 616Sonoco Pension PlanThe Savannah River Nuclear Solutions, LLC Multiple Employer Pension Plan, Total assets ($B): 3.70590327 · Participants: 1749The Savannah River Nuclear Solutions, LLC Multiple Employer Pension PlanNon-Contributory Retirement Program for Certain Empl of Bcbssc, Total assets ($B): 1.201294121 · Participants: 4087Non-Contributory Retirement Program for Certain Empl of BcbsscWaterfront Employers - Ila Pension Plan, Total assets ($B): 0.520480152 · Participants: 1343Waterfront Employers - Ila Pension PlanKennametal Inc. Retirement Income Plan, Total assets ($B): 0.5114228 · Participants: 495Kennametal Inc. Retirement Income PlanLegacy Ghs/Tuomey Pension Plan, Total assets ($B): 0.42826809 · Participants: 2307Legacy Ghs/Tuomey Pension Plan
Sonoco Pension Plan vs. nearby Defined Benefit (Pension) plans in South Carolina, assets vs. participants
Compare Sonoco Pension Plan side-by-side with 3 peers →

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 Taft Stettinius & Hollister LLP Retirement Plan for Partners in OH ($44M); by covered participants it is Sidley Austin LLP Cash Balance Retirement Plan for Partners in IL (615 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (616 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Sonoco Pension Plan assets move in 2024? ▼
Sonoco Pension Plan edged up modestly - up 1.0% during 2024, from $44M to $44M. Reported net income was $365K.
How have Sonoco Products Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sonoco Products Company's sponsor-wide assets grew 36.1%, from $1.3B to $1.7B.
Where does Sonoco Pension Plan rank by assets among Form 5500 filers? ▼
Sonoco Pension Plan ranks in the 83rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Sonoco Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Taft Stettinius & Hollister LLP Retirement Plan for Partners in OH ($44M, 451 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sonoco Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Sidley Austin LLP Cash Balance Retirement Plan for Partners in IL (615 participants, $606M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 570248420.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.