401(k) · DOL Form 5500 · 2023

Packaging Corporation of America 401(k) Plan

Data updated 2026-08-25

$1.4B
Total assets Very large vs avg
4,529
Participants Above avg headcount
99th
Percentile by assets National rank
$303,919
Avg per participant High balance/head
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Official DOL plan name: Packaging Corporation of America Retirement Savings Plan for Salaried Employees · Sponsored by Packaging Corporation of America · Illinois · Manufacturing

$1.4B in assets, 4,529 participants

Packaging Corporation of America's Packaging Corporation of America Retirement Savings Plan for Salaried Employees reported $1.4B in total assets and 4,529 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • #18,369 in Manufacturing (18,722 peers)

Coverage in Illinois

Packaging Corporation of America Retirement Savings Plan for Salaried Employees covers 4,529 participants in Illinois, 5.8x the typical Illinois plan (state average ~779 per filing). Assets: $1.4B.

#18,369
in Manufacturing (18,722 peers)
+16.5%
assets growth YoY
14×
vs typical plan assets (national mean)

Packaging Corporation of America Retirement Savings Plan for Salaried Employees's outsized position by total assets

Packaging Corporation of America Retirement Savings Plan for Salaried Employees vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$1,376,448,145 Top 1% higher than 99% of 127,068 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 2023

Packaging Corporation of America Retirement Savings Plan for Salaried Employees's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Packaging Corporation of America Retirement Savings Plan for Salaried Employees lands in the large band (4,529 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Packaging Corporation of America Retirement Savings Plan for Salaried Employees reported net income rose from -$276M in the plan year 2022 filing to $195M in the plan year 2023 filing.
  • Packaging Corporation of America Retirement Savings Plan for Salaried Employees end-of-year assets rose from $1.2B in the plan year 2022 filing to $1.4B in the plan year 2023 filing.
  • Packaging Corporation of America Retirement Savings Plan for Salaried Employees reported participants fell from 4,592 in the plan year 2022 filing to 4,529 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 364277050 · Packaging Corporation of America PY 2023 · 401(k)

Packaging Corporation of America Retirement Savings Plan for Salaried Employees · $1.4B · 4,529 · 99th

  • TYPE $1.4B
  • TYPE 4,529
  • TYPE 99th
  • TYPE 401(k)
  • TYPE near Darden Savings Plan
  • TYPE ind #18369

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 Retirement Savings Plan for Salaried Employees in the asset neighbourhood

Packaging Corporation of America Retirement Savings Plan for Salaried EmployeesPackaging Corporation of Ame…$1.4BDarden Savings Plan$1.4BGreenberg Traurig 401(k) Plan$1.4BVolkswagen Group of America, Inc. Defined Contribution and Savings PlanVolkswagen Group of America,…$1.4BIac Inc. Retirement Savings PlanIac Inc. Retirement Savings …$1.4B
End-of-year total assets ($B) among Packaging Corporation of America Retirement Savings Plan for Salaried Employees and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$1.4B
Net Income$195M
Employer EIN364277050
Plan Effective Date2000-02-01
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 401(k) Plans in Illinois

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

Packaging Corporation of America Retirement Savings Plan for Salaried Employees vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 05101520 Total assets ($B) Participants Packaging Corporation of America Retirement Savings Plan for Salaried Employees, Total assets ($B): 1.376448145 · Participants: 4529Packaging Corporation of America Retirement Savings Plan for Salaried EmployeesAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Packaging Corporation of America Retirement Savings Plan for Salaried Employees vs. nearby 401(k) plans in Illinois, assets vs. participants

Packaging Corporation of America Retirement Savings Plan for Salaried Employees's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Darden Savings Plan in FL ($1.4B); by covered participants it is Icu Medical, Inc. 401(k) Plan in CA (4,530 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.4B here).

Similar participant headcount

Nearest other-state filings by covered participants (4,529 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Packaging Corporation of America Retirement Savings Plan for Salaried Employees assets move in 2023? ▼
Packaging Corporation of America Retirement Savings Plan for Salaried Employees grew sharply - up 16.5% during 2023, from $1.2B to $1.4B. Reported net income was $195M.
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 Retirement Savings Plan for Salaried Employees rank by assets among Form 5500 filers? ▼
Packaging Corporation of America Retirement Savings Plan for Salaried Employees ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Packaging Corporation of America Retirement Savings Plan for Salaried Employees? ▼
Among 401(k) plans in other states, the closest by assets is Darden Savings Plan in FL ($1.4B, 173,993 participants).
Which 401(k) plans cover a similar participant headcount to Packaging Corporation of America Retirement Savings Plan for Salaried Employees? ▼
Among 401(k) plans in other states, the closest by covered participants is Icu Medical, Inc. 401(k) Plan in CA (4,530 participants, $611M in assets).