Civic Intelligence

Sonoco Employees Benefit Trust

990 • Fiscal year 2011 • EIN 57-0752046

Jan 01, 2011 to Dec 31, 2011 • Filed on Oct 30, 2012

Organization Profilewww.sonoco.com
1 North 2nd StreetA0129550
Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$1,296,000

Flat from 2011

Net Assets

Flat

-$48,665,000

Flat from 2011

Liabilities

Flat

$49,961,000

Flat from 2011

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

Flat

$93,035,000

Flat from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100M$50M$0-$50M-$100MAssets 2010: $20,000Liabilities 2010: $52,220,000Net Assets 2010: -$52,200,0002010Assets 2011: $1,296,000Liabilities 2011: $49,961,000Net Assets 2011: -$48,665,0002011Assets 2011: $1,296,000Liabilities 2011: $49,961,000Net Assets 2011: -$48,665,0002011Assets 2012: $446,000Liabilities 2012: $45,467,000Net Assets 2012: -$45,021,0002012Assets 2013: $1,203,000Liabilities 2013: $36,281,000Net Assets 2013: -$35,078,0002013Assets 2014: -$346,000Liabilities 2014: $36,981,000Net Assets 2014: -$37,327,0002014Assets 2015: -$655,000Liabilities 2015: $30,162,000Net Assets 2015: -$30,817,0002015Assets 2016: $345,000Liabilities 2016: $29,475,000Net Assets 2016: -$29,130,0002016Assets 2017: -$731,000Liabilities 2017: $28,693,000Net Assets 2017: -$29,424,0002017Assets 2018: -$726,000Liabilities 2018: $29,092,000Net Assets 2018: -$29,818,0002018Assets 2019: -$724,000Liabilities 2019: $29,371,000Net Assets 2019: -$30,095,0002019Assets 2020: $147,000Liabilities 2020: $29,782,000Net Assets 2020: -$29,635,0002020Assets 2021: $307,000Liabilities 2021: $29,249,000Net Assets 2021: -$28,942,0002021Assets 2022: $304,000Liabilities 2022: $25,605,000Net Assets 2022: -$25,301,0002022

Highlighted filing

2011

Assets$1,296,000
Liabilities$49,961,000
Net Assets-$48,665,000
Open 2011 Filing

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150M$100M$50M$0-$50MExpenses 2010: $67,574,0002010Expenses 2011: $93,035,0002011Revenue 2011: $96,570,000Expenses 2011: $93,035,000Net Income 2011: $3,535,0002011Expenses 2012: $91,139,0002012Revenue 2013: $106,741,000Expenses 2013: $96,798,000Net Income 2013: $9,943,0002013Revenue 2014: $118,840,000Expenses 2014: $121,089,000Net Income 2014: -$2,249,0002014Revenue 2015: $126,041,000Expenses 2015: $119,531,000Net Income 2015: $6,510,0002015Revenue 2016: $121,194,000Expenses 2016: $119,507,000Net Income 2016: $1,687,0002016Revenue 2017: $109,529,000Expenses 2017: $109,823,000Net Income 2017: -$294,0002017Revenue 2018: $101,876,000Expenses 2018: $102,270,000Net Income 2018: -$394,0002018Revenue 2019: $118,702,000Expenses 2019: $118,979,000Net Income 2019: -$277,0002019Revenue 2020: $113,704,000Expenses 2020: $113,244,000Net Income 2020: $460,0002020Revenue 2021: $123,001,000Expenses 2021: $122,308,000Net Income 2021: $693,0002021Revenue 2022: $121,194,000Expenses 2022: $117,553,000Net Income 2022: $3,641,0002022

Highlighted filing

2011

Revenue-
Expenses$93,035,000
Net Income-
Open 2011 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
Oct 30, 2012
Return Version
2011v1.2
Gross Receipts
$96,570,000
Mission and Program Overview

Mission

Provide funding for group health and welfare plans covering employees and retirees of Sonoco Products Company.

Filing and Contact Details

Filer

EIN
57-0752046
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IRS990ScheduleO/GeneralExplanation/Explanation0Form 990, Part VI, Section B, Line 11a - Form 990 is prepared by the Employee Benefits Department and the Financial Accounting departments and management from both review and approve the form.
IRS990ScheduleO/GeneralExplanation/Explanation1Form 990, Part VI, Section C, Line 19 - Because this is a VEBA used as a funding vehicle for group health and welfar plans covering employees and retirees of Sonoco Products Company, the governing documents or financial statements are not made available to the public. The documents would be provided upon request.
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IRS990ScheduleO/GeneralExplanation/ReturnReference1Form 990, Part VI, Section C, Line 19
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IRS990/WebSite0www.sonoco.com
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IRS990/YearFormation01998
ReasonableCauseExplanation/Explanation0We are requesting that late penalties be waived. Our Employee Benefits department has lost two employees due to retirement and FMLA reasons. In addition, we are working on two large changes in insurance carriers for health and dental benefits.
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/Filer/EIN0570752046
ReturnHeader/Filer/Name/BusinessNameLine10SONOCO EMPLOYEES BENEFIT TRUST
ReturnHeader/Filer/NameControl0SONO
ReturnHeader/Filer/Phone08433837000
ReturnHeader/Filer/USAddress/AddressLine101 North 2nd Street
ReturnHeader/Filer/USAddress/AddressLine20A01
ReturnHeader/Filer/USAddress/City0Hartsville
ReturnHeader/Filer/USAddress/State0SC
ReturnHeader/Filer/USAddress/ZIPCode029550
ReturnHeader/Officer/DateSigned02012-10-30
ReturnHeader/Officer/Name0Stephen Heisler
ReturnHeader/Officer/Phone08433837000
ReturnHeader/Officer/Title0VP Compensation and Benefits
ReturnHeader/ReturnType0990
ReturnHeader/TaxPeriodBeginDate02011-01-01
ReturnHeader/TaxPeriodEndDate02011-12-31
ReturnHeader/TaxYear02011
ReturnHeader/Timestamp02012-10-30T14:24:33-07:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2011 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,296,000
Liabilities
$49,961,000
Net assets
-$48,665,000
Revenue
-
Expenses
$93,035,000
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.30$25.6$25.3$121$118$3.64
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.31$29.2$28.9$123$122$0.69
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.15$29.8$29.6$114$113$0.46
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$29.4$30.1$119$119$0.28
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$29.1$29.8$102$102$0.39
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.73$28.7$29.4$110$110$0.29
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$29.5$29.1$121$120$1.69
2015Detailed filing. Detailed filing data is available for this year.$0.66$30.2$30.8$126$120$6.51
2014Detailed filing. Detailed filing data is available for this year.$0.35$37.0$37.3$119$121$2.25
2013Detailed filing. Detailed filing data is available for this year.$1.20$36.3$35.1$107$96.8$9.94
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$45.5$45.0$91.1
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.30$50.0$48.7$93.0
2011Summary only. Only limited summary data is available for this year.$1.30$50.0$48.7$96.6$93.0$3.54
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$52.2$52.2$67.6