401(k) · DOL Form 5500 · 2022

Sappi North America, Inc. 401(k) Plan

Data updated 2026-08-25

$243M
Total assets Near avg plan size
1,282
Participants Near avg headcount
96th
Percentile by assets National rank
$189,511
Avg per participant Above avg balance/head
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Official DOL plan name: Sappi North America, Inc. Hourly Investment Plan · Sponsored by Sappi North America, Inc. · Massachusetts · Manufacturing

$243M in assets, 1,282 participants

Sappi North America, Inc.'s Sappi North America, Inc. Hourly Investment Plan reported $243M in total assets and 1,282 participants in its 2022 DOL Form 5500 filing, ranking in the 96th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #19,359 in Manufacturing (20,602 peers)

Where Sappi North America, Inc. Hourly Investment Plan sits by assets

Sappi North America, Inc. Hourly Investment Plan sits in the top 5% of all filed plans by assets, $243M for 1,282 participants (~$189,511/participant), down 18.6% in 2022.

#19,359
in Manufacturing (20,602 peers)
-18.6%
assets change YoY
2.4×
vs typical plan assets (national mean)

The plan reported a net loss of $55M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sappi North America, Inc. Hourly Investment Plan's outsized position by total assets

Sappi North America, Inc. Hourly Investment Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$242,953,465 Top 4% higher than 96% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Sappi North America, Inc. Hourly Investment Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sappi North America, Inc. Hourly Investment Plan lands in the large band (1,282 participants).

DOL schedule card

Filing strip 232366983 · Sappi North America, Inc. PY 2022 · 401(k)

Sappi North America, Inc. Hourly Investment Plan · $243M · 1,282 · 96th

  • EOY $243M
  • EOY 1,282
  • EOY 96th
  • EOY 401(k)
  • EOY near Heraeus Incorporated 401(k) Retirement Plan
  • EOY ind #19359

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Massachusetts →

Sappi North America, Inc. Hourly Investment Plan in the asset neighbourhood

Jasper Holdings, Inc. 401(k) PlanJasper Holdings, Inc. 401(k)…$243MAllen Matkins Profit Sharing and 401(k) PlanAllen Matkins Profit Sharing…$243MHeraeus Incorporated 401(k) Retirement PlanHeraeus Incorporated 401(k) …$243MSappi North America, Inc. Hourly Investment PlanSappi North America, Inc. Ho…$243MMedpro Group 401(k) & Profit Sharing PlanMedpro Group 401(k) & Profit…$243M
End-of-year total assets ($M) among Sappi North America, Inc. Hourly Investment Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$299M
Net Assets (End of Year)$243M
Net Income-$55M
Employer EIN232366983
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sappi North America, Inc.)

Sponsor-wide plan assets over time

All Sappi North America, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$930M 16.198826440000435% vs 2022
2024 filing year
$750M$800M$850M$900M$950M 202220232024 $801M $930M ▲ +16.2%
Year Plans Participants Total Assets
2022 6 3,593 $801M
2023 6 3,525 $885M
2024 6 3,517 $930M

Nearby 401(k) Plans in Massachusetts

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Sappi North America, Inc. Hourly Investment Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -50510152025 Total assets ($B) Participants Sappi North America, Inc. Hourly Investment Plan, Total assets ($B): 0.242953465 · Participants: 1282Sappi North America, Inc. Hourly Investment PlanFidelity Retirement Savings Plan, Total assets ($B): 22.953563448 · Participants: 52036Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 8.79802945 · Participants: 32843Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 5.810585521 · Participants: 13690Massachusetts Institute of Technology Supplemental 401(k) PlanPhilips North America 401(k) Plan, Total assets ($B): 5.180251859 · Participants: 19750Philips North America 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 4.853752256 · Participants: 18359Boston Scientific Corporation 401(k) Retirement Savings Plan
Sappi North America, Inc. Hourly Investment Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Sappi North America, Inc. Hourly Investment Plan side-by-side with 3 peers →

Sappi North America, Inc. Hourly Investment Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Heraeus Incorporated 401(k) Retirement Plan in PA ($243M); by covered participants it is The Lmh 401(k) Retirement and Savings Plan in CA (1,282 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($243M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,282 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Sappi North America, Inc. Hourly Investment Plan assets move in 2022? ▼
Sappi North America, Inc. Hourly Investment Plan declined sharply - down 18.6% during 2022, from $299M to $243M. Reported net income was -$55M.
How have Sappi North America, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sappi North America, Inc.'s sponsor-wide assets grew 16.2%, from $801M to $930M.
Where does Sappi North America, Inc. Hourly Investment Plan rank by assets among Form 5500 filers? ▼
Sappi North America, Inc. Hourly Investment Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Sappi North America, Inc. Hourly Investment Plan? ▼
Among 401(k) plans in other states, the closest by assets is Heraeus Incorporated 401(k) Retirement Plan in PA ($243M, 1,745 participants).
Which 401(k) plans cover a similar participant headcount to Sappi North America, Inc. Hourly Investment Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Lmh 401(k) Retirement and Savings Plan in CA (1,282 participants, $34M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 232366983.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.