401(k) · DOL Form 5500 · 2023

Sappi North America, Inc. 401(k) Plan

Data updated 2026-08-25

$264M
Total assets Near avg plan size
1,251
Participants Near avg headcount
96th
Percentile by assets National rank
$210,978
Avg per participant Above avg balance/head
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Official DOL plan name: Sappi North America, Inc. Hourly Investment Plan · Sponsored by Sappi North America, Inc. · Massachusetts · Manufacturing

$264M in assets, 1,251 participants

Sappi North America, Inc.'s Sappi North America, Inc. Hourly Investment Plan reported $264M in total assets and 1,251 participants in its 2023 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.

  • #17,462 in Manufacturing (18,722 peers)

Where Sappi North America, Inc. Hourly Investment Plan sits by assets

Sappi North America, Inc. Hourly Investment Plan sits in the top 5% of all filed plans by assets, $264M for 1,251 participants (~$210,978/participant), up 8.6% in 2023.

#17,462
in Manufacturing (18,722 peers)
+8.6%
assets growth YoY
2.6×
vs typical plan assets (national mean)

Sappi North America, Inc. Hourly Investment Plan's outsized position by total assets

Sappi North America, Inc. Hourly Investment Plan vs every filed plan by assets

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

$263,933,883 Top 4% higher than 96% 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

Sappi North America, Inc. Hourly Investment Plan'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. Sappi North America, Inc. Hourly Investment Plan lands in the large band (1,251 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sappi North America, Inc. Hourly Investment Plan reported net income rose from -$55M in the plan year 2022 filing to $22M in the plan year 2023 filing.
  • Sappi North America, Inc. Hourly Investment Plan end-of-year assets rose from $243M in the plan year 2022 filing to $264M in the plan year 2023 filing.
  • Sappi North America, Inc. Hourly Investment Plan reported participants fell from 1,282 in the plan year 2022 filing to 1,251 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 232366983 · Sappi North America, Inc. PY 2023 · 401(k)

Sappi North America, Inc. Hourly Investment Plan · $264M · 1,251 · 96th

  • TYPE $264M
  • NET 1,251
  • BOOK 96th
  • VS-ST 401(k)
  • BOY near Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan
  • SCH ind #17462

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 Massachusetts →

Sappi North America, Inc. Hourly Investment Plan in the asset neighbourhood

Gfl Environmental US 401(k) PlanGfl Environmental US 401(k) …$264MCuria 401(k) Plan$264MSappi North America, Inc. Hourly Investment PlanSappi North America, Inc. Ho…$264MKarsten Manufacturing Corporation and Subsidiaries 401(k) PlanKarsten Manufacturing Corpor…$264MSteel Partners 401(k) Savings PlanSteel Partners 401(k) Saving…$264M
End-of-year total assets ($M) among Sappi North America, Inc. Hourly Investment Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$243M
Net Assets (End of Year)$264M
Net Income$22M
Employer EIN232366983
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sappi North America, Inc.)

Sponsor-wide plan assets over time

All Sappi North America, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$930M 16.198826440000435% vs 2022
2024 filing year
$750M$800M$850M$900M$950M 202220232024 $801M $930M ▲ +16.2%
Year Plans Participants Total Assets
2022 6 3,593 $801M
2023 6 3,525 $885M
2024 6 3,517 $930M

Nearby 401(k) Plans in Massachusetts

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

Sappi North America, Inc. Hourly Investment Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Sappi North America, Inc. Hourly Investment Plan, Total assets ($B): 0.263933883 · Participants: 1251Sappi North America, Inc. Hourly Investment PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Sappi North America, Inc. Hourly Investment Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Sappi North America, Inc. Hourly Investment Plan side-by-side with 3 peers →

Sappi North America, Inc. Hourly Investment Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan in AZ ($264M); by covered participants it is Relativity 401(k) Plan in IL (1,251 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($264M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,251 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 Sappi North America, Inc. Hourly Investment Plan assets move in 2023? ▼
Sappi North America, Inc. Hourly Investment Plan grew at a solid clip - up 8.6% during 2023, from $243M to $264M. Reported net income was $22M.
How have Sappi North America, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sappi North America, Inc.'s sponsor-wide assets grew 16.2%, from $801M to $930M.
Where does Sappi North America, Inc. Hourly Investment Plan rank by assets among Form 5500 filers? ▼
Sappi North America, Inc. Hourly Investment Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Sappi North America, Inc. Hourly Investment Plan? ▼
Among 401(k) plans in other states, the closest by assets is Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan in AZ ($264M, 969 participants).
Which 401(k) plans cover a similar participant headcount to Sappi North America, Inc. Hourly Investment Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Relativity 401(k) Plan in IL (1,251 participants, $131M in assets).

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 232366983.

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.