401(k) · DOL Form 5500 · 2022
Sappi North America, Inc. 401(k) Plan
Data updated 2026-08-11
- $243M
- Total assets
- 1,282
- Participants
- 96th
- Percentile by assets
- $189,511
- Avg per participant
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.
- 96th percentile by assets (of 139,126 plans)
- #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.
- $243M
- total plan assets (2022 EOY)
- 1,282
- covered participants
- 96th
- percentile by assets (of 139,126 plans)
- $189,511
- avg assets per participant
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 vs the 2022 asset distribution
By assets, Sappi North America, Inc. Hourly Investment Plan outranks 96% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 2.4x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $299M |
|---|---|
| Net Assets (End of Year) | $243M |
| Net Income | -$55M |
| Employer EIN | 232366983 |
| Plan Effective Date | 1995-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sappi North America, Inc.)
| 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
- Fidelity Retirement Savings Plan $23.0B · 52,036
- Liberty Mutual 401(k) Plan $8.8B · 32,843
- Massachusetts Institute of Technology Supplemental 401(k) Plan $5.8B · 13,690
- Philips North America 401(k) Plan $5.2B · 19,750
- Boston Scientific Corporation 401(k) Retirement Savings Plan $4.9B · 18,359
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Sappi North America, Inc. Hourly Investment Plan by total assets, not by location.
- Heraeus Incorporated 401(k) Retirement Plan (PA) $243M · 1,745
- Allen Matkins Profit Sharing and 401(k) Plan (CA) $243M · 345
- Medpro Group 401(k) & Profit Sharing Plan (IN) $243M · 1,092
- Jasper Holdings, Inc. 401(k) Plan (IN) $243M · 3,563
Frequently Asked Questions
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Ways to act on Sappi North America, Inc. Hourly Investment Plan's numbers.
- By total assets, Sappi North America, Inc. Hourly Investment Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Massachusetts. Compare plans
- Sappi North America, Inc.'s sponsor-wide assets have grown 16.2% since 2022 across 3 plan years on file. More Manufacturing plans