Mission
Provide funding for group health and welfare plans covering employees and retirees of Sonoco Products Company.
Public Charity
SONOCO EMPLOYEES BENEFIT TRUST
Based in Hartsville, SC, SONOCO EMPLOYEES BENEFIT TRUST operates as a Public Charity. The organization reported $121.2M in revenue, $117.6M in expenses, $304K in total assets for fiscal year 2022.
EIN: 570752046
Hartsville, SC
Latest filing: 2022
Total Revenue$121.2M
Total Expenses$117.6M
Total Assets$304K
Grant Records0
Filing Years2018–2022
Where $100 goes at Sonoco Employees Benefit Trust
How Sonoco Employees Benefit Trust divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
$95
Programs
the work itself
$5
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $95 for programs
$95
Paid or accrued benefit to member including medical and dental claims and group life insurance premiums
Source: Form 990 filings with the IRS, latest fiscal year 2022. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
Director, Employee Benefits
Christopher D Moss
Chief Financial Officer
Robert Dillard
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2022 | $121.2M | $117.6M | $304K |
| 2021 | $123.0M | $122.3M | $307K |
| 2020 | $113.7M | $113.2M | $147K |
| 2019 | $118.7M | $119.0M | $-724K |
| 2018 | $101.9M | $102.3M | $-726K |
Between 2018 and 2022, reported annual revenue grew from $101.9M to $121.2M (+19%), with total assets most recently reported at $304K.
Interactive year-over-year charts and full filing details available with membership.