Pacific Maritime Association

2022 PMA Annual Report

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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 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 2022 $ 1,800,586,667 $ 285,570,626 $ 153,740,206 $ 352,448,467 $ 2,592,345,966 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 2022, employer FICA taxes paid were $197,082,111 and SUI taxes paid were $49,663,375. Assessment Rates 2022/2023 Payroll Hour Rate L/S and Clerk $35.66 $1.06 $1.25 $37.97 Walking Boss $35.66 $3.76 $1.25 $40.67 Steady Walking Boss & Foremen $41.90 $4.42 $1.47 $47.79 Offshore and Intercoastal Tonnage Rates Containers - LA/LB RUs (TEUs) $29.08 $0.04 - - $7.24 $36.36 Containers - OAK RUs (TEUs) $29.08 $0.04 - $0.32 $7.24 $36.68 Containers - Other Ports RUs (TEUs) $29.08 $0.04 - $7.24 $36.36 General Cargo $1.710 - $0.426 $2.136 Lumber and Logs $1.710 - $0.426 $2.136 Autos and trucks $0.139 - $0.426 $0.565 Bulk Cargo $0.034 - $0.009 $0.043 Coastwise and Inbound from British Columbia* Containers - LA/LB RUs (TEUs) $20.53 $0.03 - - $7.24 $27.80 Containers - OAK RUs (TEUs) $20.53 $0.03 - $0.22 $7.24 $28.02 Containers - Other Ports RUs (TEUs) $20.53 $0.03 - $7.24 $27.80 General Cargo $0.705 - $0.426 $1.131 Lumber and Logs $0.705 - $0.426 $1.131 Autos and Trucks $0.057 - $0.426 $0.483 Bulk Cargo $0.015 - $0.009 $0.024 Other Assessments ILWU-PMA 401(k) Plan For Plan Year Ended June 30: 2022 2021 2020 2019 2018 2017 Contributions Employee $ 143,823,524 $ 130,743,918 $ 105,564,806 $ 108,960,961 $ 99,178,979 $ 92,904,748 Employer 32,415,368 29,731,535 30,237,857 30,925,613 29,854,579 29,046,528 Total Contributions $ 176,238,892 $ 160,475,453 $ 135,802,663 $ 139,886,574 $ 129,033,558 $ 121,951,276 Investment Income Net realized/unrealized appreciation $ (412,061,785) $ 612,719,054 $ 70,203,662 $ 68,171,441 $ 87,393,093 $ 166,964,218 Interest and Dividends 40,991,065 33,687,535 35,059,693 43,511,422 90,070,282 55,380,670 Less: Investment Expense - - - - - (44,141) Total Additions $ (194,831,828) $ 806,882,042 $ 241,066,018 $ 251,569,437 $ 306,496,933 $ 344,252,023 Distributions Distributions to participants (152,038,838) (209,328,853) (223,406,450) (119,605,065) (98,131,823) (92,755,798) Net Change $ (347,066,831) $ 597,301,005 $ 17,515,524 $ 131,964,372 $ 208,365,110 $ 251,496,225 Net Assets available for Benefits Beginning 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 End of year $ 2,441,918,578 $ 2,788,985,409 $ 2,191,684,404 $ 2,174,168,880 $ 2,042,204,508 $ 1,833,839,398 *Inbound from B.C. applicable to General Cargo and Lumber and Logs loaded in B.C. Benefits CFS Marine Clerk 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 2022 ANNUAL REPORT

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