401(k) · DOL Form 5500 · 2023

International Paper Company 401(k) Plan

Data updated 2026-08-11

$1.7B
Total assets
20,831
Participants
99th
Percentile by assets
$81,356
Avg per participant
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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.

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

$1.7B
total plan assets (2023 EOY)
20,831
covered participants
99th
percentile by assets (of 127,072 plans)
$81,356
avg assets per participant

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 2023→2024 release diff →

State
Industry

Participants vs Tennessee filers

In Tennessee, the average filing covers about 1,126 participants across 2,384 plans. International Paper Company Hourly Savings Plan reports 20,831 participants - 18x that state average ($1.7B EOY assets).

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)

$14.4B$14.6B$14.8B$15B$15.2B$15.4B 202220232024 $14.6B $15B ▲ +2.8%
Total plan assets by year, all International Paper Company plans on file
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

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 …Fedex Corporation Re…Hca 401(k) PlanFederal Express Corp…International Paper …Chs/Community Health…
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:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to International Paper Company Hourly Savings Plan by total assets, not by location.

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).

Next read for International Paper Company Hourly Savin…

Filing takeaways

Ways to act on International Paper Company Hourly Savings Plan's numbers.

  • By total assets, International Paper Company Hourly Savings Plan 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 Tennessee. Compare plans
  • International Paper Company's sponsor-wide assets have grown 2.8% since 2022 across 3 plan years on file. More Manufacturing plans