Defined Benefit (Pension) · DOL Form 5500 · 2022

Sappi North America, Inc. Pension Plan

Data updated 2026-08-25

$39M
Total assets Below avg plan size
158
Participants Small participant base
86th
Percentile by assets National rank
$244,523
Avg per participant Above avg balance/head
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Official DOL plan name: Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan · Sponsored by Sappi North America, Inc. · Massachusetts · Manufacturing

$39M in assets, 158 participants

Sappi North America, Inc.'s Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan reported $39M in total assets and 158 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.

  • #16,337 in Manufacturing (20,602 peers)

Coverage in Massachusetts

Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan covers 158 participants in Massachusetts, about 24% of the average Massachusetts filer (state average ~659 per filing). Assets: $39M.

#16,337
in Manufacturing (20,602 peers)
-20.8%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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

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

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

$38,634,676 Top 14% higher than 86% 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. Cumberland Mills Hourly 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. Cumberland Mills Hourly Employees' Retirement Plan sits mid-pack in the medium band (158 participants).

Published 5500 schedule card

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

Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan · $39M · 158 · 86th

  • SCH $39M
  • SCH 158
  • SCH 86th
  • SCH Defined Benefit (Pension)
  • SCH near Bnb Bank Pension Plan
  • SCH ind #16337

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. Cumberland Mills Hourly Employees' Retirement Plan in the asset neighbourhood

Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement PlanSappi North America, Inc. Cu…$39MBnb Bank Pension Plan$39MUnited Refining Company Pension Plan for Hourly EmployeesUnited Refining Company Pens…$39MPension Plan for Employees of Sun Chemical Corporation (Who Are Members of Participating Unions)Pension Plan for Employees o…$39MPension Plan for Hourly Employees of Garlock Sealing Technologies LLC (Palmyra, Ny)Pension Plan for Hourly Empl…$39M
End-of-year total assets ($M) among Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Massachusetts filing particulars

Total Assets (Beginning of Year)$49M
Net Assets (End of Year)$39M
Net Income-$10M
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. Cumberland Mills Hourly Employees' Retirement Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -20246810 Total assets ($B) Participants Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan, Total assets ($B): 0.038634676 · Participants: 158Sappi North America, Inc. Cumberland Mills Hourly 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. Cumberland Mills Hourly Employees' Retirement Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants

Sappi North America, Inc. Cumberland Mills Hourly 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 Bnb Bank Pension Plan in NY ($39M); by covered participants it is Family Security Credit Union Cash Balance Non-Integrated Defined Benefit Plan in AL (158 participants). Same-state nearby plans are listed separately above.

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. Cumberland Mills Hourly Employees' Retirement Plan assets move in 2022?
Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan declined sharply - down 20.8% during 2022, from $49M to $39M. Reported net income was -$10M.
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. Cumberland Mills Hourly Employees' Retirement Plan rank by assets among Form 5500 filers?
Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan ranks in the 86th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Bnb Bank Pension Plan in NY ($39M, 89 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Family Security Credit Union Cash Balance Non-Integrated Defined Benefit Plan in AL (158 participants, $20M in assets).