Sonoco Collectively Bargained Veba

EIN 57-6179868 • 501(c)9 • Hartsville, SC

Profile

To provide funding for group Health and Welfare plans covering collectively bargained retirees of Sonoco Products Company.

P O Box 180 Attn Michelle BanksonHartsville, SC 29551-0160

www.sonoco.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2018

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)9 • $500k-$1M nonprofits • Source year 2018

-2190%

Higher net margin than 2% of similar nonprofits.

501(c)9 • $500k-$1M nonprofits • Source year 2018

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)9 • $500k-$1M nonprofits • Source year 2018

-100%

Faster asset growth than 17% of similar nonprofits.

501(c)9 • $500k-$1M nonprofits • Annualized from 2017 to 2018

-75%

Faster revenue growth than 6% of similar nonprofits.

501(c)9 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Balance Sheet

Liabilities / AssetsScore unavailable

Assets

Down

Down $14,133,000 (-100%) from 2017

Liabilities

Down

Down $3,115,000 (-100%) from 2017

Net Assets

Down

Down $11,018,000 (-100%) from 2017

Operations

Liabilities / Revenue61st percentile Net Margin2nd percentile

Revenue

Down

$503,000

Down $1,535,000 (-75%) from 2017

Expenses

$11,521,000

Up $12,239,000 (+1705%) from 2017

Net Income

Down

-$11,018,000

Down $13,774,000 (-500%) from 2017

Trend Graphs

Balance Sheet Trend

Asset Growth17th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

Highlighted filing

2018

Assets$0

Liabilities$0

Net Assets$0

Open 2018 Filing

Operations Trend

Revenue Growth6th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

Highlighted filing

2018

Revenue$503,000

Expenses$11,521,000

Net Income-$11,018,000

Open 2018 Filing

Filings

Most recent year

2018 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing

Assets: $0
Liabilities: $0
Net assets: $0
Revenue: $503,000
Expenses: $11,521,000
Net income: -$11,018,000

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.00	$0.00	$0.00	$0.50	$11.5	$11.0
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.	$14.1	$3.12	$11.0	$2.04	$0.72	$2.76
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$12.3	$4.01	$8.26	$1.04	$0.55	$1.59
2015Detailed filing. Detailed filing data is available for this year.	$11.4	$4.68	$6.67	$0.13	$1.51	$1.64
2014Detailed filing. Detailed filing data is available for this year.	$11.5	$6.48	$5.03	$1.16	$0.72	$0.44
2013Detailed filing. Detailed filing data is available for this year.	$10.5	$5.88	$4.59	$1.63	$0.49	$2.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$8.98	$6.51	$2.47		$0.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$8.15	$6.77	$1.39		$0.34
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$7.81	$6.46	$1.35		$5.82

Latest Filing Detail

Jump To

Filing Snapshot

Filing Period: Jan 1, 2018 to Dec 31, 2018
Signed: Nov 8, 2019
Return Version: 2018v3.0
Gross Receipts: $503,000

Mission and Program Overview

Mission

To provide funding for group Health and Welfare plans covering collectively bargained retirees of Sonoco Products Company.

Funding vehicle for group health and welfare plans covering collectively bargained retirees of Sonoco Products Company.

Balance Sheet Detail

Line	Beginning	End	Change
Assets
Investments in Publicly Traded Securities	$14,133,000	$0	▼ $14,133,000
Cash and Non-Interest-Bearing Accounts	$0	-	-
Savings and Temporary Cash Investments	$0	-	-
Accounts Receivable	$0	-	-
Other Notes and Loans Receivable, Net	$0	-	-
Pledges and Grants Receivable	$0	-	-
Receivable From Disqualified Prsn	$0	-	-
Receivables From Officers Etc	$0	-	-
Investments Other Securities	$0	-	-
Investments Program Related	$0	-	-
Intangible Assets	$0	-	-
Inventories for Sale or Use	$0	-	-
Loans From Officers Directors	$0	$0	→ $0
Prepaid Expenses and Deferred Charges	$0	-	-
Total Assets	$14,133,000	$0	▼ $14,133,000
Other Assets Total	$0	-	-
Liabilities
Accounts Payable and Accrued Expenses	$3,115,000	$0	▼ $3,115,000
Grants Payable	$0	$0	→ $0
Mortgage Notes Payable Secured by Investment Property	$0	$0	→ $0
Unsecured Notes Loans Payable	$0	$0	→ $0
Other Liabilities	$0	-	-
Deferred Revenue	$0	$0	→ $0
Escrow Account Liability	$0	$0	→ $0
Tax Exempt Bond Liabilities	$0	$0	→ $0
Total Liabilities	$3,115,000	$0	▼ $3,115,000
Net Assets / Fund Balance
Unrestricted Net Assets	$11,018,000	$0	▼ $11,018,000
Permanently Rstr Net Assets	$0	$0	→ $0
Temporarily Rstr Net Assets	$0	$0	→ $0
Total Net Assets Fund Balance	$11,018,000	$0	▼ $11,018,000
Total Liabilities and Net Assets / Fund Balance	$14,133,000	$0	▼ $14,133,000

Compensation and Service Providers

Top Officer Pay56th percentile

Board Members and Trustees

Name	Title
Julie C Albrecht	Vice President and Chief Financial Officer
Michelle V Bankson	Director, Compensation & Benefits

Revenue and Support

Revenue Composition

Contributions and Grants: $0
Program Service Revenue: $0
Investment Income: $503,000
Other Revenue: $0
Change in Net Assets: $-11,018,000

Expenses and Functional Allocation

Major Expense Lines

Line Item	Amount
Other Expenses	$11,521,000
Grants and Similar Amounts Paid	$0
Professional Fundraising Fees	$0
Salaries, Compensation, and Employee Benefits	$0
Total Fundraising Expense	$0

Functional Expense Allocation

Line Item	Program	Management	Fundraising	Total
Other Expenses	$11,496,831	$0	$0	$11,496,831
Total Functional Expenses	$11,521,000	$0	$0	$11,521,000

Fundraising, Events, and Gaming

Fundraising activities: No
Gaming activities: No
Professional fundraiser used: No

Fundraising and Gaming Totals

Line Item	Amount
Professional Fundraising Fees	$0

Political and Lobbying Activity

Political campaign activity: No
Subject to proxy tax: No

Insider Transactions and Loans

Loans and Receivables

Line Item	Beginning	End	Change
Loans from Officers, Directors, Trustees, and Key Employees	$0	$0	→ $0
Receivables from Disqualified Persons	$0	-	-
Receivables from Officers, Directors, Trustees, and Key Employees	$0	-	-

Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant: No
Backup withholding compliance: No
Business relationship with family members: No
Business relationship with organization members: No
Material changes to governing documents: No
Compensation from other sources disclosed: No
CEO compensation reviewed: No
Other officer compensation reviewed: No
Conflict-of-interest policy: No
Audited financial statements prepared: No
Key decisions subject to board approval: No
Management duties delegated: No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“There are no committees who met during the plan year.”

Form 990, Part VI, Section B, Line 11B

“The Form 990 is prepared by the Employee Benefits and Financial Accounting departments. Management from both departments review the forms.”

Form 990, Part VI, Section C, Line 19

“The VEBA is used as a funding vehicle for group health and welfare plans covering collectively bargained employees of Sonoco Products Company. The governing documents or financial statements are not made available to the public. The forms would be provided upon request.”

Filing and Contact Details

Filer

Filer Name: Sonoco Collectively Bargained Veba
EIN: 57-6179868
Phone: 8433837000
Address: P O Box 180 Attn Michelle Bankson, Hartsville, SC 29551-0160

Signing Officer

Name: Michelle Bankson
Title: Director, Employee Benefits
Phone: 8433837000
Signed: 2019-11-08

Organization Details

Principal Officer: Michelle V Bankson
Formed: 1998
Legal Domicile: Sc
Voting Board Members: 2
Independent Board Members: 2
Employees: 0
Volunteers: 0

Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

“The Collectively Bargained VEBA was liquidated and terminated as of December 31 2018.”

Form 990, Part III, Line 4A

“Paid or accrued benefit to member including medical and dental claims and group life insurance premiums.”

Raw XML AppendixShowing 400 of 491 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/PledgesAndGrantsReceivableGrp/BOYAmt	0	0
IRS990/PoliticalCampaignActyInd	0	0
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt	0	0
IRS990/PrincipalOfficerNm	0	Michelle V Bankson
IRS990/PriorPeriodAdjustmentsAmt	0	0
IRS990/ProfessionalFundraisingInd	0	0
IRS990/ProhibitedTaxShelterTransInd	0	0
IRS990/PYBenefitsPaidToMembersAmt	0	0
IRS990/PYContributionsGrantsAmt	0	0
IRS990/PYGrantsAndSimilarPaidAmt	0	0
IRS990/PYInvestmentIncomeAmt	0	2038000
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt	0	0
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt	0	0
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt	0	0
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt	0	0
IRS990/PYOtherExpensesAmt	0	-718000
IRS990/PYOtherRevenueAmt	0	0
IRS990/PYProgramServiceRevenueAmt	0	0
IRS990/PYRevenuesLessExpensesAmt	0	2756000
IRS990/PYSalariesCompEmpBnftPaidAmt	0	0
IRS990/PYTotalExpensesAmt	0	-718000
IRS990/PYTotalProfFndrsngExpnsAmt	0	0
IRS990/PYTotalRevenueAmt	0	2038000
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt	0	0
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt	0	0
IRS990/ReconcilationRevenueExpnssAmt	0	-11018000
IRS990/RelatedEntityInd	0	0
IRS990/RelatedOrganizationCtrlEntInd	0	0
IRS990/RentalIncomeOrLossGrp/PersonalAmt	0	0
IRS990/RentalIncomeOrLossGrp/RealAmt	0	0
IRS990/ReportInvestmentsOtherSecInd	0	0
IRS990/ReportLandBuildingEquipmentInd	0	0
IRS990/ReportOtherAssetsInd	0	0
IRS990/ReportOtherLiabilitiesInd	0	0
IRS990/ReportProgramRelatedInvstInd	0	0
IRS990/RevenueAmt	0	503000
IRS990/RoyaltiesGrp/FundraisingAmt	0	0
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt	0	0
IRS990/RoyaltiesGrp/ProgramServicesAmt	0	0
IRS990/RoyaltiesGrp/TotalAmt	0	0
IRS990/RoyaltiesRevenueGrp/ExclusionAmt	0	0
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt	0	0
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt	0	0
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt	0	0
IRS990/SavingsAndTempCashInvstGrp/BOYAmt	0	0
IRS990/ScheduleBRequiredInd	0	0
IRS990/ScheduleJRequiredInd	0	0
IRS990ScheduleN/AssetsDistributedInd	0	1
IRS990ScheduleN/BondsOutstandingInd	0	0
IRS990ScheduleN/DirectorOfSuccessorInd	0	0
IRS990ScheduleN/EmployeeOfSuccessorInd	0	0
IRS990ScheduleN/LiabilitiesPaidInd	0	1
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc	0	Vanguard 500 Index Fund CUSIP XXX-XX-XXXX
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc	1	Vanguard 500 Index Fund CUSIP XXX-XX-XXXX
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc	2	Vanguard 500 Index Fund CUSIP XXX-XX-XXXX
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc	3	Vanguard 500 Index Fund CUSIP XXX-XX-XXXX
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc	4	Vanguard 500 Index Fund CUSIP XXX-XX-XXXX
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc	5	Vanguard 500 Index Fund CUSIP XXX-XX-XXXX
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc	6	Wells Fargo Fixed Funds CUSIP 94975J581
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt	0	Sonoco Employee Benefits Trust
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt	1	Sonoco Employee Benefits Trust
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt	2	Sonoco Employee Benefits Trust
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt	3	Sonoco Employee Benefits Trust
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt	4	Sonoco Employee Benefits Trust
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt	5	Sonoco Employee Benefits Trust
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt	6	Sonoco Employee Benefits Trust
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt	0	2018-02-06
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt	1	2018-03-19
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt	2	2018-06-15
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt	3	2018-06-18
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt	4	2018-06-19
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt	5	2018-07-19
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt	6	2018-07-19
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN	0	570752046
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN	1	570752046
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN	2	570752046
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN	3	570752046
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN	4	570752046
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN	5	570752046
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN	6	570752046
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt	0	3683
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt	1	3571
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt	2	6081748
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt	3	2958954
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt	4	3577
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt	5	2079776
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt	6	3492414
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt	0	501(c)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt	1	501(c)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt	2	501(c)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt	3	501(c)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt	4	501(c)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt	5	501(c)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt	6	501(c)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt	0	Publicly traded mutual fund price.
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt	1	Publicly traded mutual fund price.
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt	2	Publicly traded mutual fund price.
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt	3	Publicly traded mutual fund price.
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt	4	Publicly traded mutual fund price.
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt	5	Publicly traded mutual fund price.
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt	6	Publicly traded mutual fund price.
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt	0	1 North 2nd Street A01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt	1	1 North 2nd Street
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt	2	1 North 2nd Street A01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt	3	1 North 2nd Street A01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt	4	1 North 2nd Street A01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt	5	1 North 2nd Street A01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt	6	1 North 2nd Street A01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm	0	Hartsville
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm	1	Hartsville
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm	2	Hartsville
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm	3	Hartsville
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm	4	Hartsville
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm	5	Hartsville
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm	6	Hartsville
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd	0	SC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd	1	SC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd	2	SC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd	3	SC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd	4	SC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd	5	SC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd	6	SC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd	0	29550
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd	1	29550
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd	2	29550
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd	3	29550
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd	4	29550
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd	5	29550
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd	6	29550
IRS990ScheduleN/OwnerOfSuccessorInd	0	0
IRS990ScheduleN/ReceiveCompensationInd	0	0
IRS990ScheduleN/RequiredToNotifyAGInd	0	0
IRS990/ScheduleORequiredInd	0	1
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	The Collectively Bargained VEBA was liquidated and terminated as of December 31 2018.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	Paid or accrued benefit to member including medical and dental claims and group life insurance premiums.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	There are no committees who met during the plan year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	The Form 990 is prepared by the Employee Benefits and Financial Accounting departments. Management from both departments review the forms.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	The VEBA is used as a funding vehicle for group health and welfare plans covering collectively bargained employees of Sonoco Products Company. The governing documents or financial statements are not made available to the public. The forms would be provided upon request.

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