401(k) · DOL Form 5500 · 2023

International Paper Company 401(k) Plan

Data updated 2026-08-25

$1.7B
Total assets Very large vs avg
20,831
Participants Very large workforce
99th
Percentile by assets National rank
$81,356
Avg per participant Below avg balance/head
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Official DOL plan name: International Paper Company Hourly Savings Plan · Sponsored by International Paper Company · Tennessee · Manufacturing

$1.7B in assets, 20,831 participants

International Paper Company's International Paper Company Hourly Savings Plan reported $1.7B in total assets and 20,831 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.

  • #18,428 in Manufacturing (18,722 peers)

Coverage in Tennessee

International Paper Company Hourly Savings Plan covers 20,831 participants in Tennessee, 18x the typical Tennessee plan (state average ~1,126 per filing). Assets: $1.7B.

#18,428
in Manufacturing (18,722 peers)
+10.4%
assets growth YoY
17×
vs typical plan assets (national mean)

International Paper Company Hourly Savings Plan's outsized position by total assets

International Paper Company Hourly Savings Plan vs every filed plan by assets

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

$1,694,735,628 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

International Paper Company Hourly Savings Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. International Paper Company Hourly Savings Plan is a mega filing (20,831 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • International Paper Company Hourly Savings Plan reported net income rose from -$279M in the plan year 2022 filing to $175M in the plan year 2023 filing.
  • International Paper Company Hourly Savings Plan end-of-year assets rose from $1.5B in the plan year 2022 filing to $1.7B in the plan year 2023 filing.
  • International Paper Company Hourly Savings Plan reported participants rose from 20,209 in the plan year 2022 filing to 20,831 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 130872805 · International Paper Company PY 2023 · 401(k)

International Paper Company Hourly Savings Plan · $1.7B · 20,831 · 99th

  • VS-ST $1.7B
  • BOY 20,831
  • SCH 99th
  • EBSA 401(k)
  • PART near Performance Food Group Employee Savings Plan
  • TYPE ind #18428

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 Tennessee →

International Paper Company Hourly Savings Plan in the asset neighbourhood

Burns & Mcdonnell, Inc. 401(k) Savings PlanBurns & Mcdonnell, Inc. 401(…$1.7BInternational Paper Company Hourly Savings PlanInternational Paper Company …$1.7BPerformance Food Group Employee Savings PlanPerformance Food Group Emplo…$1.7BSidley Austin LLP Savings and Investment PlanSidley Austin LLP Savings an…$1.7BConagra Brands Retirement Income Savings PlanConagra Brands Retirement In…$1.7B
End-of-year total assets ($B) among International Paper Company Hourly Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Tennessee filing particulars

Total Assets (Beginning of Year)$1.5B
Net Assets (End of Year)$1.7B
Net Income$175M
Employer EIN130872805
Plan Effective Date1969-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (International Paper Company)

Sponsor-wide plan assets over time

All International Paper Company plans reported in each filing year

Latest sponsor-wide plan assets
$15.0B 2.8433620806133577% vs 2022
2024 filing year
$14.4B$14.6B$14.8B$15B$15.2B$15.4B 202220232024 $14.6B $15B ▲ +2.8%
Year Plans Participants Total Assets
2022 3 52,962 $14.6B
2023 3 53,148 $15.2B
2024 3 54,521 $15.0B

Nearby 401(k) Plans in Tennessee

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

International Paper Company Hourly Savings Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 0510152025 Total assets ($B) Participants International Paper Company Hourly Savings Plan, Total assets ($B): 1.694735628 · Participants: 20831International Paper Company Hourly Savings PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 23.88081991 · Participants: 127010Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 21.53517366 · Participants: 291649Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.743557391 · Participants: 5728Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.621886139 · Participants: 12153International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.517708174 · Participants: 62487Chs/Community Health Systems, Inc. Retirement Savings Plan
International Paper Company Hourly Savings Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

Scale composition for International Paper Company Hourly Savings Plan

International Paper Company Hourly Savings Plan reports $1.7B in end-of-year assets across 20,831 participants (0.014% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.022% of 93,925,755 covered participants) - about $81,356 per participant (59% of the national average assets-per-participant) . Net income for plan year 2023 was $175M.

This plan identity (EIN 130872805, plan #118) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.5B to $1.8B (+16.6%) while covered participants moved from 20,209 to 21,162 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 20,209 $1.5B Open filing
2023 20,831 $1.7B This page
2024 · index core 21,162 $1.8B Open filing

The same sponsor also keeps 3 other index-core plans on PlainRetire:

International Paper Company Hourly Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Performance Food Group Employee Savings Plan in VA ($1.7B); by covered participants it is The Permanente Medical Group, Inc. Salary Deferral Plan in CA (20,817 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.7B here).

Similar participant headcount

Nearest other-state filings by covered participants (20,831 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 International Paper Company Hourly Savings Plan assets move in 2023? ▼
International Paper Company Hourly Savings Plan grew at a solid clip - up 10.4% during 2023, from $1.5B to $1.7B. Reported net income was $175M.
How have International Paper Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), International Paper Company's sponsor-wide assets grew 2.8%, from $14.6B to $15.0B.
Where does International Paper Company Hourly Savings Plan rank by assets among Form 5500 filers? ▼
International Paper Company Hourly Savings Plan 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 International Paper Company Hourly Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Performance Food Group Employee Savings Plan in VA ($1.7B, 31,690 participants).
Which 401(k) plans cover a similar participant headcount to International Paper Company Hourly Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Permanente Medical Group, Inc. Salary Deferral Plan in CA (20,817 participants, $8.5B in assets).