401(k) · DOL Form 5500 · 2022

Genpak LLC 401(k) Plan

Data updated 2026-08-11

$3M
Total assets
129
Participants
42nd
Percentile by assets
$25,839
Avg per participant
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Official DOL plan name: Genpak LLC Hourly Paid Pension Plan · Sponsored by Genpak LLC · North Carolina · Manufacturing

$3M in assets, 129 participants

Genpak LLC's Genpak LLC Hourly Paid Pension Plan reported $3M in total assets and 129 participants in its 2022 DOL Form 5500 filing, ranking in the 42nd 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.

  • 42nd percentile by assets (of 139,126 plans)
  • #5,293 in Manufacturing (20,602 peers)

Coverage in North Carolina

Genpak LLC Hourly Paid Pension Plan covers 129 participants in North Carolina, about 16% of the average North Carolina filer (state average ~819 per filing). Assets: $3M.

$3M
total plan assets (2022 EOY)
129
covered participants
42nd
percentile by assets (of 139,126 plans)
$25,839
avg assets per participant

The plan reported a net loss of $796K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Industry

Participants vs North Carolina filers

In North Carolina, the average filing covers about 819 participants across 3,515 plans. Genpak LLC Hourly Paid Pension Plan reports 129 participants - about 16% of that state average ($3M EOY assets).

North Carolina filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$3M
Net Income-$796K
Employer EIN141803622
Plan Effective Date1981-08-14
Filing StatusFILING RECEIVED

Sponsor Plan History (Genpak LLC)

$75M$80M$85M$90M$95M 202220232024 $80M $89.4M ▲ +11.7%
Total plan assets by year, all Genpak LLC plans on file
Year Plans Participants Total Assets
2022 2 1,534 $80M
2023 2 1,282 $86M
2024 2 1,221 $89M

Nearby 401(k) Plans in North Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Genpak LLC Hourly Paid Pension Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Genpak LLC Hourly Paid Pension Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Genpak LLC Hourly Pa…The Bank of America …Honeywell 401(k) PlanDuke Energy Retireme…Truist Financial Cor…Lowes 401(k) Plan
Genpak LLC Hourly Paid Pension Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Genpak LLC Hourly Paid Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Genpak LLC Hourly Paid Pension Plan assets move in 2022?
Genpak LLC Hourly Paid Pension Plan declined sharply - down 19.3% during 2022, from $4M to $3M. Reported net income was -$796K.
How have Genpak LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Genpak LLC's sponsor-wide assets grew 11.7%, from $80M to $89M.
Which 401(k) plans are similar in size to Genpak LLC Hourly Paid Pension Plan?
Among 401(k) plans in other states, the closest by assets is Inside Real Estate 401(k) Plan in UT ($3M, 247 participants).

Next read for Genpak LLC Hourly Paid Pension Plan

Filing takeaways

Ways to act on Genpak LLC Hourly Paid Pension Plan's numbers.