Sonoco Products Company 401(k) Plan: Login, Facts & Contact Information

Sonoco Products Company 401(k) Plan Facts

Plan name
SONOCO RETIREMENT & SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SONOCO PRODUCTS COMPANY
Participants
15,344 (11,080 active employees)
Former employees with a balance
3,655
Plan assets
$1,663,698,617 at Dec 31, 2024
Average account balance
$108,264 across 15,367 accounts
Employer contributions
$49,652,000 in plan year 2024 (38% of all contributions)
Recordkeeper
Empower Annuity Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1983
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Aug 27, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $130.9 million went into the plan in contributions, $49.7 million of it from the employer (38%).
  • $200.4 million was paid out to participants.
  • Investment and other income added $176.0 million.
  • Administrative expenses were $1.76 million, about $115 per account.

How the Sonoco Products Company 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201910,537$1.19 billion$35.5 million$92.1 million
202013,102$1.31 billion$36.8 million$131.4 million
202113,125$1.45 billion$35.8 million$187.2 million
202212,882$1.21 billion$38.3 million$125.7 million
202314,437$1.56 billion$48.9 million$148.8 million
202415,344$1.66 billion$49.7 million$200.4 million

Sonoco Products Company 401(k) Contact Information

Phone
843-383-7000
Mailing address
ONE NORTH SECOND STREET, HARTSVILLE SC 29055
Plan sponsor
SONOCO PRODUCTS COMPANY
Employer identification number (EIN)
57-0248420
Plan number
026

Questions about the Sonoco Products Company 401(k)

Does Sonoco Products Company contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $49.7 million, 38% of all contributions.

Does the Sonoco Products Company 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Sonoco Products Company 401(k) plan?

15,344 participants at the start of plan year 2024, 11,080 of them active employees, and 3,655 former employees who still had money in the plan.

What is the average 401(k) balance at Sonoco Products Company?

About $108,264 per account: $1.66 billion in plan assets across 15,367 accounts with a balance at the end of plan year 2024.

Who manages the Sonoco Products Company 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Sonoco Products Company. How do I access my 401(k)?

Your account stays with Empower after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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