Sonoco Products Company
65
Plan:
11
72
89
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (65) and the top rated plan (89) could equate to:
[How is this calculated?]
[How is this calculated?]
14 additional years of work Up to $106,600 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.
Retirement Plan Description
Sonoco Savings Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 65. This plan is in the top 15% of plans for Total Plan Cost. Sonoco Savings Plan currently has over 10,900 active participants and over $614.0M in plan assets.
Retirement Plan Details
| Address |
1 North Second Street
Emp Ben A01 Hartsville, SC 29550 |
| Industry | Manufacturing |
| Administrator | Stephen M. Heisler |
| Net Plan Assets | $614,000,000 |
| Total Participants | 11,000 |
| Avg Account Balance | $56,000 |
Compare Other Companies in Peer Group
| MeadWestvaco | 78.7 |
| RockTenn CP, LLC | 76.3 |
| NewPage | 76.0 |
| TIN | 74.3 |
| Avery Dennison | 74.3 |
| Weyerhaeuser Company | 60.7 |
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