401(k) · DOL Form 5500 · 2022

Sappi North America, Inc. 401(k) Plan

Data updated 2026-08-11

$305M
Total assets
753
Participants
97th
Percentile by assets
$405,614
Avg per participant
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Official DOL plan name: Sappi North America, Inc. Salaried Investment Plan · Sponsored by Sappi North America, Inc. · Massachusetts · Manufacturing

$305M in assets, 753 participants

Sappi North America, Inc.'s Sappi North America, Inc. Salaried Investment Plan reported $305M in total assets and 753 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 139,126 plans)
  • #19,553 in Manufacturing (20,602 peers)

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

Sappi North America, Inc. Salaried Investment Plan sits in the top 5% of all filed plans by assets, $305M for 753 participants (~$405,614/participant), down 18.4% in 2022.

$305M
total plan assets (2022 EOY)
753
covered participants
97th
percentile by assets (of 139,126 plans)
$405,614
avg assets per participant

The plan reported a net loss of $70M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Industry

Sappi North America, Inc. Salaried Investment Plan vs the 2022 asset distribution

By assets, Sappi North America, Inc. Salaried Investment Plan outranks 97% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 3.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$374M
Net Assets (End of Year)$305M
Net Income-$70M
Employer EIN232366983
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sappi North America, Inc.)

$750M$800M$850M$900M$950M 202220232024 $801M $930M ▲ +16.2%
Total plan assets by year, all Sappi North America, Inc. plans on file
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. Salaried Investment Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Sappi North America, Inc. Salaried 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,…Fidelity Retirement …Liberty Mutual 401(k…Massachusetts Instit…Philips North Americ…Boston Scientific Co…
Sappi North America, Inc. Salaried Investment Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Sappi North America, Inc. Salaried Investment Plan by total assets, not by location.

Frequently Asked Questions

How did Sappi North America, Inc. Salaried Investment Plan assets move in 2022?
Sappi North America, Inc. Salaried Investment Plan declined sharply - down 18.4% during 2022, from $374M to $305M. Reported net income was -$70M.
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. Salaried Investment Plan rank by assets among Form 5500 filers?
Sappi North America, Inc. Salaried Investment Plan ranks in the 97th 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. Salaried Investment Plan?
Among 401(k) plans in other states, the closest by assets is Alera Group, Inc. Savings Plan in IL ($305M, 3,966 participants).

Next read for Sappi North America, Inc. Salaried Inves…

Scale reading

Ways to act on Sappi North America, Inc. Salaried Investment Plan's numbers.

  • By total assets, Sappi North America, Inc. Salaried 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