Pacific Maritime Association

PMA Annual Report 2016

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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 Labor Relations Committee employees and other miscellaneous workers. Southern Northern Year California California Oregon Washington Total 2005 $ 935,494,748 $ 159,916,047 $ 80,443,269 $ 237,498,746 $ 1,413,352,809 2006 1,070,853,577 172,066,760 92,490,636 233,030,949 1,568,441,922 2007 1,059,641,237 170,093,221 104,723,518 228,651,375 1,563,109,350 2008 997,407,360 165,078,152 107,922,962 226,438,383 1,496,846,857 2009 808,300,808 144,265,249 92,220,479 204,186,280 1,248,974,827 2010 905,911,143 155,696,009 107,617,287 226,382,869 1,395,607,308 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 $ 1,278,432,893 $ 213,866,138 $ 109,398,277 $ 290,220,941 $ 1,891,918,249 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 2016, employer FICA taxes paid were $115,827,072 and SUI taxes paid were $50,677,238 . Assessment Rates 2016/2017 Payroll Hour Rate L/S and Clerk $34.03 $0.88 $0.83 $35.74 Walking Boss $34.03 $3.04 $0.83 $37.90 Steady Walking Boss & Foremen $39.61 $3.52 $0.96 $44.09 Offshore and Intercoastal Tonnage Rates Containers - LA/LB RUs (TEUs) $28.15 $0.30 $0.63 $0.02 $4.81 $33.91 Containers - Other Ports RUs (TEUs) $28.15 $0.30 $0.63 $4.81 $33.89 General Cargo $1.656 $0.283 $1.939 Lumber and Logs $1.656 $0.283 $1.939 Autos and trucks $0.134 $0.283 $0.417 Bulk Cargo $0.033 $0.006 $0.039 Coastwise and Inbound from British Columbia* Containers - LA/LB RUs (TEUs) $19.87 $0.21 $0.44 $0.01 $4.81 $25.34 Containers - Other Ports RUs (TEUs) $19.87 $0.21 $0.44 $4.81 $25.33 General Cargo $0.683 $0.283 $0.966 Lumber and Logs $0.683 $0.283 $0.966 Autos and trucks $0.055 $0.283 $0.338 Bulk Cargo $0.014 $0.006 $0.020 Other Assessments ILWU-PMA 401(k) Plan For Plan Year Ended June 30: 2016 2015 2014 2013 2012 2011 Contributions Employee $ 84,086,079 $ 78,239,550 $ 70,704,884 $ 65,837,674 $ 63,569,968 $ 60,866,204 Employer 28,930,605 28,373,052 28,972,172 29,045,259 29,135,244 28,649,788 Total Contributions $ 113,016,684 $ 106,612,602 $ 99,677,056 $ 94,882,933 $ 92,705,212 $ 89,515,992 Investment Income Net realized/unrealized appreciation $ (74,257,226) $ (7,947,829) $ 144,137,684 $ 81,378,134 $ (21,724,347) $ 127,395,101 Interest and Dividends 64,944,209 72,131,636 56,093,541 41,974,945 29,864,169 26,735,115 Less: Investment Expense - (86,422) (298,477) (380,041) (489,409) (324,220) Total Additions $ 103,703,667 $ 170,709,987 $ 299,609,804 $ 217,855,971 $ 100,355,625 $ 243,321,988 Distributions Distributions to participants (82,550,668) (84,594,289) (66,326,545) (70,534,537) (59,989,530) (62,092,415) Net Change $ 21,152,999 $ 86,115,698 $ 233,283,259 $ 147,321,434 $ 40,366,095 $ 181,229,573 Net Assets available for Benefits Beginning of year 1,561,190,174 1,475,074,476 1,241,791,217 1,094,469,783 1,054,103,688 872,874,115 End of year $ 1,582,343,173 $ 1,561,190,174 $ 1,475,074,476 $ 1,241,791,217 $ 1,094,469,783 $ 1,054,103,688 S T A T I S T I C A L I N F O R M A T I O N *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 T A T I S T I C A L I N F O R M A T I O N 66 2 0 1 6 A N N U A L R E P O R T

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