Defined Benefit (Pension) · DOL Form 5500 · 2022

Packaging Corporation of America Pension Plan

Data updated 2026-08-11

$246M
Total assets
433
Participants
96th
Percentile by assets
$567,999
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees · Sponsored by Packaging Corporation of America · Illinois · Manufacturing

$246M in assets, 433 participants

Packaging Corporation of America's Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees reported $246M in total assets and 433 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 139,126 plans)
  • #19,369 in Manufacturing (20,602 peers)

Where Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees sits by assets

Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees sits in the top 5% of all filed plans by assets, $246M for 433 participants (~$567,999/participant), down 21.1% in 2022.

$246M
total plan assets (2022 EOY)
433
covered participants
96th
percentile by assets (of 139,126 plans)
$567,999
avg assets per participant

The plan reported a net loss of $66M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees vs the 2022 asset distribution

By assets, Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees outranks 96% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 2.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$312M
Net Assets (End of Year)$246M
Net Income-$66M
Employer EIN364277050
Plan Effective Date2004-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Packaging Corporation of America)

$3B$3.5B$4B$4.5B 202220232024 $3.26B $3.99B â–˛ +22.4%
Total plan assets by year, all Packaging Corporation of America plans on file
Year Plans Participants Total Assets
2022 8 20,251 $3.3B
2023 5 20,299 $3.7B
2024 5 19,472 $4.0B

Nearby Defined Benefit (Pension) Plans in Illinois

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

Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1001020304050 Total assets ($B) Participants Packaging Corporatio…Central States, Sout…State Farm Insurance…United Food & Commer…John Deere Pension P…Abbott Laboratories …
Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees by total assets, not by location.

Frequently Asked Questions

How did Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees assets move in 2022?
Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees declined sharply - down 21.1% during 2022, from $312M to $246M. Reported net income was -$66M.
How have Packaging Corporation of America plan assets changed over time?
Across 3 plan years on file (2022-2024), Packaging Corporation of America's sponsor-wide assets grew 22.2%, from $3.3B to $4.0B.
Where does Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees rank by assets among Form 5500 filers?
Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees in WA ($246M, 583 participants).

Next read for Packaging Corporation of America Pension…

Scale reading

Ways to act on Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees's numbers.

  • By total assets, Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Illinois. Compare plans
  • Packaging Corporation of America's sponsor-wide assets have grown 22.2% since 2022 across 3 plan years on file. More Manufacturing plans