Pacific Maritime Association

PMA Annual Report 2017

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S T A T I S T I C A L I N F O R M A T I O N 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 long- shoremen, 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 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 1,278,431,800 213,866,138 109,398,277 290,220,941 1,891,917,156 2017 $ 1,403,871,115 $ 224,314,644 $ 116,080,546 $ 296,431,598 $ 2,040,697,904 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 2017/2018 Payroll Hour Rate L/S and Clerk $34.06 $0.87 $0.81 $35.74 Walking Boss $34.06 $2.76 $0.81 $37.63 Steady Walking Boss & Foremen $39.48 $3.20 $0.94 $43.62 Offshore and Intercoastal Tonnage Rates Containers - LA/LB RUs (TEUs) $28.70 $0.12 $0.38 $0.13 $4.69 $34.02 Containers - Other Ports RUs (TEUs) $28.70 $0.12 $0.38 $4.69 $33.89 General Cargo $1.688 $0.276 $1.964 Lumber and Logs $1.688 $0.276 $1.964 Autos and trucks $0.137 $0.276 $0.413 Bulk Cargo $0.033 $0.006 $0.039 Coastwise and Inbound from British Columbia* Containers - LA/LB RUs (TEUs) $20.26 $0.08 $0.27 $0.09 $4.69 $25.39 Containers - Other Ports RUs (TEUs) $20.26 $0.08 $0.27 $4.69 $25.30 General Cargo $0.696 $0.276 $0.972 Lumber and Logs $0.696 $0.276 $0.972 Autos and trucks $0.056 $0.276 $0.332 Bulk Cargo $0.014 $0.006 $0.020 Other Assessments ILWU-PMA 401(k) Plan For Plan Year Ended June 30: 2017 2016 2015 2014 2013 2012 Contributions Employee $ 92,904,748 $ 84,086,079 $ 78,239,550 $ 70,704,884 $ 65,837,674 $ 63,569,968 Employer 29,046,528 28,930,605 28,373,052 28,972,172 29,045,259 29,135,244 Total Contributions $ 121,951,276 $ 113,016,684 $ 106,612,602 $ 99,677,056 $ 94,882,933 $ 92,705,212 Investment Income Net realized/unrealized appreciation $ 166,964,218 $ (74,257,226) $ (7,947,829) $ 144,137,684 $ 81,378,134 $ (21,724,347) Interest and Dividends 55,380,670 64,944,209 72,131,636 56,093,541 41,974,945 29,864,169 Less: Investment Expense (44,141) - (86,422) (298,477) (380,041) (489,409) Total Additions $ 344,252,023 $ 103,703,667 $ 170,709,987 $ 299,609,804 $ 217,855,971 $ 100,355,625 Distributions Distributions to participants (92,755,798) (82,550,668) (84,594,289) (66,326,545) (70,534,537) (59,989,530) Net Change $ 251,496,225 $ 21,152,999 $ 86,115,698 $ 233,283,259 $ 147,321,434 $ 40,366,095 Net Assets available for Benefits Beginning 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 End of year $ 1,833,839,398 $ 1,582,343,173 $ 1,561,190,174 $ 1,475,074,476 $ 1,241,791,217 $ 1,094,469,783 *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 66 2 0 1 7 A N N U A L R E P O R T

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