Defined Benefit (Pension) · DOL Form 5500 · 2022

Sappi North America, Inc. Pension Plan

Data updated 2026-08-25

$67M
Total assets Below avg plan size
573
Participants Below avg headcount
90th
Percentile by assets National rank
$117,734
Avg per participant Below avg balance/head
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Official DOL plan name: Sappi North America, Inc. Central Mills Employees' Retirement Plan · Sponsored by Sappi North America, Inc. · Massachusetts · Manufacturing

$67M in assets, 573 participants

Sappi North America, Inc.'s Sappi North America, Inc. Central Mills Employees' Retirement Plan reported $67M in total assets and 573 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.

  • #17,635 in Manufacturing (20,602 peers)

Where Sappi North America, Inc. Central Mills Employees' Retirement Plan sits by assets

Sappi North America, Inc. Central Mills Employees' Retirement Plan sits in the top 10% of all filed plans by assets, $67M for 573 participants (~$117,734/participant), down 20.3% in 2022.

#17,635
in Manufacturing (20,602 peers)
-20.3%
assets change YoY
0.7×
vs typical plan assets (national mean)

The plan reported a net loss of $17M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sappi North America, Inc. Central Mills Employees' Retirement Plan's outsized position by total assets

Sappi North America, Inc. Central Mills Employees' Retirement Plan vs every filed plan by assets

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

$67,461,310 Top 10% higher than 90% 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. Central Mills Employees' Retirement Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sappi North America, Inc. Central Mills Employees' Retirement Plan sits mid-pack in the medium band (573 participants).

Form 5500 schedule snapshot

Filing strip 232366983 · Sappi North America, Inc. PY 2022 · Defined Benefit (Pension)

Sappi North America, Inc. Central Mills Employees' Retirement Plan · $67M · 573 · 90th

  • EOY $67M
  • EOY 573
  • EOY 90th
  • EOY Defined Benefit (Pension)
  • EOY near Shopmen Local Union 502 Pension Plan
  • EOY ind #17635

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. Central Mills Employees' Retirement Plan in the asset neighbourhood

Retirement Plan of Tennessee Rural Health ImprovemRetirement Plan of Tennessee…$67MMissouri Farm Bureau Retirement Plan TrustMissouri Farm Bureau Retirem…$67MSappi North America, Inc. Central Mills Employees' Retirement PlanSappi North America, Inc. Ce…$67MShopmen Local Union 502 Pension PlanShopmen Local Union 502 Pens…$67MBuck Consultants Retirement PlanBuck Consultants Retirement …$67M
End-of-year total assets ($M) among Sappi North America, Inc. Central Mills Employees' Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$85M
Net Assets (End of Year)$67M
Net Income-$17M
Employer EIN232366983
Plan Effective Date1994-10-31
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 Defined Benefit (Pension) Plans in Massachusetts

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Sappi North America, Inc. Central Mills Employees' Retirement Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -20246810 Total assets ($B) Participants Sappi North America, Inc. Central Mills Employees' Retirement Plan, Total assets ($B): 0.06746131 · Participants: 573Sappi North America, Inc. Central Mills Employees' Retirement PlanConsolidated Cash Balance Program of Mass General Brigham and Member Organizations, Total assets ($B): 9.07532048 · Participants: 55495Consolidated Cash Balance Program of Mass General Brigham and Member OrganizationsLiberty Mutual Retirement Benefit Plan, Total assets ($B): 6.756596242 · Participants: 33087Liberty Mutual Retirement Benefit PlanMassachusetts Institute of Technology Basic Retirement Plan, Total assets ($B): 5.281152611 · Participants: 11835Massachusetts Institute of Technology Basic Retirement PlanN. Atlantic States Carp. Pension Fund, Total assets ($B): 4.758508912 · Participants: 17323N. Atlantic States Carp. Pension FundN. Atlantic States Carp. Guaranteed Annuity Fund, Total assets ($B): 3.594095954 · Participants: 10962N. Atlantic States Carp. Guaranteed Annuity Fund
Sappi North America, Inc. Central Mills Employees' Retirement Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants
Compare Sappi North America, Inc. Central Mills Employees' Retirement Plan side-by-side with 3 peers →

Sappi North America, Inc. Central Mills Employees' Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Shopmen Local Union 502 Pension Plan in PA ($67M); by covered participants it is Electrical Workers Pension Fund in MN (573 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($67M here).

Similar participant headcount

Nearest other-state filings by covered participants (573 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. Central Mills Employees' Retirement Plan assets move in 2022? ▼
Sappi North America, Inc. Central Mills Employees' Retirement Plan declined sharply - down 20.3% during 2022, from $85M to $67M. Reported net income was -$17M.
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. Central Mills Employees' Retirement Plan rank by assets among Form 5500 filers? ▼
Sappi North America, Inc. Central Mills Employees' Retirement Plan ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Sappi North America, Inc. Central Mills Employees' Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Shopmen Local Union 502 Pension Plan in PA ($67M, 236 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sappi North America, Inc. Central Mills Employees' Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Electrical Workers Pension Fund in MN (573 participants, $81M 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.