Sonoco Products Employee Benefit: 401K Plan | Glassdoor

Sonoco Products 401K Plan

Updated Oct 23, 2015

50 employees reported this benefit

3.8
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Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 16
  • Aug 05, 2019
    StarStarStarStarStar Current Employee in Hartsville, South Carolina

    Decent match with good retirement contribution.

  • May 15, 2019
    StarStarStarStarStar Former Staff Accountant in City of Industry, California

    The company will match a certain percentage.

  • Feb 26, 2019
    StarStarStarStarStarEmployee

    Definitely below average. They used to match more, but when the economy crashed in 2008 they did away with any match. since then they have reinstated the benefit, but at a less amount. Also if you are an HCE forget about being able to contribute more than 6% of your salary in to the 401K. No safe Harbor programs here.

  • Dec 14, 2018
    StarStarStarStarStar Current Maintenance Technician in Hartselle, Alabama

    50% of 4%, way below the industry standard

  • Sep 18, 2018
    StarStarStarStarStar Current Employee in Norwalk, California

    Sonoco matches 50% of your contribution to 401K.

  • May 23, 2018
    StarStarStarStarStar Former Employee in Hartsville, South Carolina

    Company matched dollar for dollar at first. Now they only match fifty cents per dollar. Still a nice benefit.

  • Feb 11, 2018
    StarStarStarStarStar Current Employee in Hartsville, South Carolina

    Low company match, only 2%

  • Jul 28, 2017
    StarStarStarStarStar Current Employee in Cincinnati, Ohio

    Company match of 50% on up to 4%.

  • Dec 30, 2016
    StarStarStarStarStar Current Employee in Winston-Salem, North Carolina

    Sonoco does some 401k contribution matching

  • Oct 24, 2016
    StarStarStarStarStar Current Quality Manager in Murfreesboro, Tennessee

    401K match is excellent and the company stock has year over year growth.


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