Issue link: https://pma.uberflip.com/i/1463870
Total Shoreside Payrolls Processed by PMA The data in the table below include payments to all occupations reported by PMA members for payroll purposes. Occupational categories include longshoremen, clerks, foremen, watchmen, mechanics, warehousemen, maintenance men, dispatchers, Joint Port Labor Relations Committee employees and other miscellaneous workers. Southern Northern Year California California Oregon Washington Total 2011 $ 930,569,725 $ 171,171,986 $ 120,375,276 $ 232,379,272 $ 1,454,496,260 2012 986,744,832 177,298,570 113,674,225 259,861,241 1,537,578,868 2013 1,022,540,577 188,749,798 104,223,553 253,529,273 1,569,043,202 2014 1,192,187,058 195,667,442 111,167,960 268,705,584 1,767,728,044 2015 1,301,088,979 213,019,912 112,807,107 294,158,684 1,921,074,681 2016 1,278,431,800 213,866,138 109,398,277 290,220,941 1,891,917,156 2017 1,403,871,115 224,314,644 116,080,546 296,431,598 2,040,697,904 2018 1,482,684,001 237,293,257 120,919,588 320,706,674 2,161,603,520 2019 1,463,334,950 250,105,560 118,368,846 331,514,229 2,163,323,585 2020 1,478,588,464 248,328,781 123,571,959 289,211,614 2,139,700,818 2021 $ 1,764,260,540 $ 265,545,232 $ 135,503,444 $ 334,599,286 $ 2,499,908,502 PMA also collects and transfers employer contributions to the Federal Insurance Contributions Act (FICA) accounts and State Unemployment Insurance (SUI) accounts on these payrolls. In 2021, employer FICA taxes paid were $190,218,069 and SUI taxes paid were $57,160,327. Assessment Rates 2021/2022 Payroll Hour Rate L/S and Clerk $36.09 $0.71 $1.17 $37.97 Walking Boss $36.09 $2.60 $1.17 $39.86 Steady Walking Boss & Foremen $42.28 $3.05 $1.37 $46.70 Offshore and Intercoastal Tonnage Rates Containers - LA/LB RUs (TEUs) $29.16 $0.09 $0.34 $0.06 $6.77 $36.42 Containers - Other Ports RUs (TEUs) $29.16 $0.09 $0.34 $6.77 $36.36 General Cargo $1.716 $0.398 $2.114 Lumber and Logs $1.716 $0.398 $2.114 Autos and Trucks $0.139 $0.398 $0.537 Bulk Cargo $0.034 $0.008 $0.042 Coastwise and Inbound from British Columbia* Containers - LA/LB RUs (TEUs) $20.59 $0.06 $0.24 $0.04 $6.77 $27.70 Containers - Other Ports RUs (TEUs) $20.59 $0.06 $0.24 $6.77 $27.66 General Cargo $0.707 $0.398 $1.105 Lumber and Logs $0.707 $0.398 $1.105 Autos and Trucks $0.057 $0.398 $0.455 Bulk Cargo $0.014 $0.008 $0.022 Other Assessments ILWU-PMA 401(k) Plan For Plan Year Ended June 30: 2021 2020 2019 2018 2017 2016 Contributions Employee $ 130,743,918 $ 105,564,806 $ 108,960,961 $ 99,178,979 $ 92,904,748 $ 84,086,079 Employer 29,731,535 30,237,857 30,925,613 29,854,579 29,046,528 28,930,605 Total Contributions $ 160,475,453 $ 135,802,663 $ 139,886,574 $ 129,033,558 $ 121,951,276 $ 113,016,684 Investment Income Net realized/unrealized appreciation $ 612,719,054 $ 70,203,662 $ 68,171,441 $ 87,393,093 $ 166,964,218 $ (74,257,226) Interest and Dividends 33,687,535 35,059,693 43,511,422 90,070,282 55,380,670 64,944,209 Less: Investment Expense - - - (44,141) - - Total Additions $ 806,882,042 $ 241,066,018 $ 251,569,437 $ 306,496,933 $ 344,252,023 $ 103,703,667 Distributions Distributions to participants (209,328,853) (223,406,450) (119,605,065) (98,131,823) (92,755,798) (82,550,668) Net Change $ 597,301,005 $ 17,515,524 $ 131,964,372 $ 208,365,110 $ 251,496,225 $ 21,152,999 Net Assets available for Benefits Beginning of year 2,191,684,404 2,174,168,880 2,042,204,508 1,833,839,398 1,582,343,173 1,561,190,174 End of year $ 2,788,985,409 $ 2,191,684,404 $ 2,174,168,880 $ 2,042,204,508 $ 1,833,839,398 $ 1,582,343,173 *Inbound from B.C. applicable to General Cargo and Lumber and Logs loaded in B.C. Benefits CFS Marine Clerk LA/LB Crane Board PMA Plans Program 401(k) Work Opportunity Make Whole Cargo Dues Total S TAT I S T I C A L I N F O R M AT I O N 66 66 2021 ANNUAL REPORT