Defined Benefit (Pension) · DOL Form 5500 · 2022

Packaging Corporation of America Pension Plan

Data updated 2026-08-25

$246M
Total assets Near avg plan size
433
Participants Below avg headcount
96th
Percentile by assets National rank
$567,999
Avg per participant High balance/head
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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.

  • #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.

#19,369
in Manufacturing (20,602 peers)
-21.1%
assets change YoY
2.5×
vs typical plan assets (national mean)

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.

Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees's outsized position by total assets

Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees vs every filed plan by assets

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

$245,943,736 Top 4% higher than 96% 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

Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees 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. Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees sits mid-pack in the medium band (433 participants).

Plan-year Form 5500 strip

Filing strip 364277050 · Packaging Corporation of America PY 2022 · Defined Benefit (Pension)

Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees · $246M · 433 · 96th

  • VS-ST $246M
  • BOY 433
  • SCH 96th
  • EBSA Defined Benefit (Pension)
  • PART near Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees
  • TYPE ind #19369

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 Illinois →

Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees in the asset neighbourhood

Asbestos Workers Philadelphia Pension FundAsbestos Workers Philadelphi…$246MAlaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts EmployeesAlaska Airlines, Inc., Retir…$246MPackaging Corporation of America Pension Plan for Eligible Grandfathered Salaried EmployeesPackaging Corporation of Ame…$246MThe Nielsen Company Retirement PlanThe Nielsen Company Retireme…$246MPerkinelmer, Inc. Employees Retirement PlanPerkinelmer, Inc. Employees …$246M
End-of-year total assets ($M) among Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

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)

Sponsor-wide plan assets over time

All Packaging Corporation of America plans reported in each filing year

Latest sponsor-wide plan assets
$4.0B 22.235714965809493% vs 2022
2024 filing year
$3B$3.5B$4B$4.5B 202220232024 $3.26B $3.99B ▲ +22.4%
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 Scatter plot of 6 data points. -200000200004000060000 -1001020304050 Total assets ($B) Participants Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees, Total assets ($B): 0.245943736 · Participants: 433Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried EmployeesCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 42.629770802 · Participants: 50096Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 32.129102809 · Participants: 49052State Farm Insurance Companies Retirement Plan for United States EmployeesUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 7.958716532 · Participants: 20170United Food & Commercial Workers Intl Union - Industry Pension FundJohn Deere Pension Plan for Salaried Employees, Total assets ($B): 7.304502684 · Participants: 0John Deere Pension Plan for Salaried EmployeesAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 6.770339506 · Participants: 16809Abbott Laboratories Annuity Retirement Plan
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's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees in WA ($246M); by covered participants it is Stmicroelectronics, Inc. Retirement Plan in TX (433 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (433 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 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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Stmicroelectronics, Inc. Retirement Plan in TX (433 participants, $259M in assets).