Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

PACKAGING CORPORATION OF AMERICA THRIFT PLAN FOR HOURLY EMPLOYEES

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

PACKAGING CORPORATION OF AMERICA

This Profit Sharing plan holds $976M in total assets and serves 10,735 participants as of 2022. It is sponsored by PACKAGING CORPORATION OF AMERICA in Illinois. The plan reported a net loss of $190M for the year.

Total Assets (2023)
$976M
Participants
10,735
State
Industry
Manufacturing

What the Filing Says About PACKAGING CORPORATION OF AMERICA THRIFT PLAN FOR HOURLY EMPLOYEES

PACKAGING CORPORATION OF AMERICA THRIFT PLAN FOR HOURLY EMPLOYEES is a Profit Sharing retirement plan sponsored by PACKAGING CORPORATION OF AMERICA, headquartered in Illinois. As of the 2022 Form 5500 filing, the plan reports $976M in total end-of-year assets and covers 10,735 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 364277050, and the plan has been effective since 2000-02-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $1.2B at the beginning of 2022 to $976M at year-end — a decline of 16.3%. Net assets (after liabilities) closed the year at $975M, with reported net income of $-190,171,152 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$1.2B
Total Assets (End of Year)$976M
Net Assets (End of Year)$975M
Net Income$-190,171,152
Plan TypeProfit Sharing
Employer EIN364277050
Plan Effective Date2000-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (PACKAGING CORPORATION OF AMERICA)

Year Plans Participants Total Assets
2022 8 20,251 $3.3B
2023 5 20,299 $3.7B
2024 5 19,472 $4.0B

Nearby Profit Sharing Plans in Illinois

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the PACKAGING CORPORATION OF AMERICA THRIFT PLAN FOR HOURLY EMPLOYEES?
As of the 2022 Form 5500 filing, PACKAGING CORPORATION OF AMERICA THRIFT PLAN FOR HOURLY EMPLOYEES holds $976M in total assets with 10,735 participants. It is sponsored by PACKAGING CORPORATION OF AMERICA.
What type of plan is PACKAGING CORPORATION OF AMERICA THRIFT PLAN FOR HOURLY EMPLOYEES?
PACKAGING CORPORATION OF AMERICA THRIFT PLAN FOR HOURLY EMPLOYEES is a Profit Sharing plan. It has been effective since 2000-02-01. The plan is filed with the U.S. Department of Labor under EIN 364277050.
Who sponsors the PACKAGING CORPORATION OF AMERICA THRIFT PLAN FOR HOURLY EMPLOYEES?
PACKAGING CORPORATION OF AMERICA THRIFT PLAN FOR HOURLY EMPLOYEES is sponsored by PACKAGING CORPORATION OF AMERICA, located in Illinois. The sponsor's EIN is 364277050 and the plan operates in the Manufacturing industry.
How did PACKAGING CORPORATION OF AMERICA THRIFT PLAN FOR HOURLY EMPLOYEES perform in 2022?
PACKAGING CORPORATION OF AMERICA THRIFT PLAN FOR HOURLY EMPLOYEES declined by 16.3% during 2022, moving from $1.2B to $976M in total assets. Net income was $-190,171,152.
Where can I find official filings for PACKAGING CORPORATION OF AMERICA THRIFT PLAN FOR HOURLY EMPLOYEES?
Official Form 5500 filings for PACKAGING CORPORATION OF AMERICA THRIFT PLAN FOR HOURLY EMPLOYEES are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 364277050 or plan name at efast.dol.gov.
How does PACKAGING CORPORATION OF AMERICA THRIFT PLAN FOR HOURLY EMPLOYEES compare to other plans?
You can compare PACKAGING CORPORATION OF AMERICA THRIFT PLAN FOR HOURLY EMPLOYEES against other Profit Sharing plans on the plan type page, or view plans in Illinois on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 364277050.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.