401(k) · DOL Form 5500 · 2023

Packaging Corporation of America 401(k) Plan

Data updated 2026-08-11

$1.4B
Total assets
4,529
Participants
99th
Percentile by assets
$303,919
Avg per participant
PlainRetire home → About this data

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.

  • 99th percentile by assets (of 127,072 plans)
  • #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.

$1.4B
total plan assets (2023 EOY)
4,529
covered participants
99th
percentile by assets (of 127,072 plans)
$303,919
avg assets per participant

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 →

State
Illinois
Industry
Manufacturing

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Packaging Corporation of America Retirement Savings Plan for Salaried Employees reports 4,529 participants - 5.8x that state average ($1.4B EOY assets).

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)

$3B$3.5B$4B$4.5B 202220232024 $3.26B $3.99B ▲ +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 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

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 Corporatio…Accenture United Sta…State Farm 401(k) Sa…Abbott Laboratories …United Airlines Pilo…Walgreens Retirement…
Packaging Corporation of America Retirement Savings Plan for Salaried Employees vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Packaging Corporation of America Retirem… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Packaging Corporation of America Retirement Savings Plan for Salaried Employees by total assets, not by location.

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).

Next read for Packaging Corporation of America Retirem…

Filing takeaways

Ways to act on Packaging Corporation of America Retirement Savings Plan for Salaried Employees's numbers.

  • By total assets, Packaging Corporation of America Retirement Savings Plan for Salaried Employees ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) 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

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 364277050.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.