Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

SAPPI NORTH AMERICA, INC. RETIREMENT PLAN FOR SALARIED EMPLOYEES

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

SAPPI NORTH AMERICA, INC.

This Defined Benefit (Pension) plan holds $79M in total assets and serves 273 participants as of 2022. It is sponsored by SAPPI NORTH AMERICA, INC. in Massachusetts. The plan reported a net loss of $19M for the year.

Total Assets (2023)
$79M
Participants
273
Industry
Manufacturing

What the Filing Says About SAPPI NORTH AMERICA, INC. RETIREMENT PLAN FOR SALARIED EMPLOYEES

SAPPI NORTH AMERICA, INC. RETIREMENT PLAN FOR SALARIED EMPLOYEES is a Defined Benefit (Pension) retirement plan sponsored by SAPPI NORTH AMERICA, INC., headquartered in Massachusetts. As of the 2022 Form 5500 filing, the plan reports $79M in total end-of-year assets and covers 273 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 232366983, and the plan has been effective since 1994-10-31. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $98M at the beginning of 2022 to $79M at year-end — a decline of 19.2%. Net assets (after liabilities) closed the year at $79M, with reported net income of $-18,800,733 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)$98M
Total Assets (End of Year)$79M
Net Assets (End of Year)$79M
Net Income$-18,800,733
Plan TypeDefined Benefit (Pension)
Employer EIN232366983
Plan Effective Date1994-10-31
Filing StatusFILING 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 Defined Benefit (Pension) Plans in Massachusetts

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

Frequently Asked Questions

How much money is in the SAPPI NORTH AMERICA, INC. RETIREMENT PLAN FOR SALARIED EMPLOYEES?
As of the 2022 Form 5500 filing, SAPPI NORTH AMERICA, INC. RETIREMENT PLAN FOR SALARIED EMPLOYEES holds $79M in total assets with 273 participants. It is sponsored by SAPPI NORTH AMERICA, INC..
What type of plan is SAPPI NORTH AMERICA, INC. RETIREMENT PLAN FOR SALARIED EMPLOYEES?
SAPPI NORTH AMERICA, INC. RETIREMENT PLAN FOR SALARIED EMPLOYEES is a Defined Benefit (Pension) plan. It has been effective since 1994-10-31. The plan is filed with the U.S. Department of Labor under EIN 232366983.
Who sponsors the SAPPI NORTH AMERICA, INC. RETIREMENT PLAN FOR SALARIED EMPLOYEES?
SAPPI NORTH AMERICA, INC. RETIREMENT PLAN FOR SALARIED EMPLOYEES is sponsored by SAPPI NORTH AMERICA, INC., located in Massachusetts. The sponsor's EIN is 232366983 and the plan operates in the Manufacturing industry.
How did SAPPI NORTH AMERICA, INC. RETIREMENT PLAN FOR SALARIED EMPLOYEES perform in 2022?
SAPPI NORTH AMERICA, INC. RETIREMENT PLAN FOR SALARIED EMPLOYEES declined by 19.2% during 2022, moving from $98M to $79M in total assets. Net income was $-18,800,733.
Where can I find official filings for SAPPI NORTH AMERICA, INC. RETIREMENT PLAN FOR SALARIED EMPLOYEES?
Official Form 5500 filings for SAPPI NORTH AMERICA, INC. RETIREMENT PLAN FOR SALARIED EMPLOYEES are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 232366983 or plan name at efast.dol.gov.
How does SAPPI NORTH AMERICA, INC. RETIREMENT PLAN FOR SALARIED EMPLOYEES compare to other plans?
You can compare SAPPI NORTH AMERICA, INC. RETIREMENT PLAN FOR SALARIED EMPLOYEES against other Defined Benefit (Pension) plans on the plan type page, or view plans in Massachusetts 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 232366983.

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.