401(k) · DOL Form 5500 · 2023

Sappi North America, Inc. 401(k) Plan

Data updated 2026-08-11

$348M
Total assets
740
Participants
97th
Percentile by assets
$470,583
Avg per participant
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Official DOL plan name: Sappi North America, Inc. Salaried Investment Plan · Sponsored by Sappi North America, Inc. · Massachusetts · Manufacturing

$348M in assets, 740 participants

Sappi North America, Inc.'s Sappi North America, Inc. Salaried Investment Plan reported $348M in total assets and 740 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 127,072 plans)
  • #17,686 in Manufacturing (18,722 peers)

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

Sappi North America, Inc. Salaried Investment Plan sits in the top 5% of all filed plans by assets, $348M for 740 participants (~$470,583/participant), up 14.0% in 2023.

$348M
total plan assets (2023 EOY)
740
covered participants
97th
percentile by assets (of 127,072 plans)
$470,583
avg assets per participant

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

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

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

$348,231,085 Top 3% higher than 97% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sappi North America, Inc. Salaried Investment Plan reported net income rose from -$70M in the plan year 2022 filing to $42M in the plan year 2023 filing.
  • Sappi North America, Inc. Salaried Investment Plan end-of-year assets rose from $305M in the plan year 2022 filing to $348M in the plan year 2023 filing.
  • Sappi North America, Inc. Salaried Investment Plan reported participants fell from 753 in the plan year 2022 filing to 740 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Industry

Sappi North America, Inc. Salaried Investment Plan vs the 2023 asset distribution

By assets, Sappi North America, Inc. Salaried Investment Plan outranks 97% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 3.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$305M
Net Assets (End of Year)$348M
Net Income$42M
Employer EIN232366983
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sappi North America, Inc.)

$750M$800M$850M$900M$950M 202220232024 $801M $930M ▲ +16.2%
Total plan assets by year, all Sappi North America, Inc. plans on file
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. Salaried Investment Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Sappi North America,…, Total assets ($B): 0.348231085 · Participants: 740Sappi North America,…Fidelity Retirement …, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement …Liberty Mutual 401(k…, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k…Massachusetts Instit…, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Instit…Boston Scientific Co…, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Co…Philips North Americ…, Total assets ($B): 5.779286156 · Participants: 19120Philips North Americ…
Sappi North America, Inc. Salaried Investment Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Sappi North America, Inc. Salaried Investment Plan by total assets, not by location.

Frequently Asked Questions

How did Sappi North America, Inc. Salaried Investment Plan assets move in 2023?
Sappi North America, Inc. Salaried Investment Plan grew at a solid clip - up 14.0% during 2023, from $305M to $348M. Reported net income was $42M.
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. Salaried Investment Plan rank by assets among Form 5500 filers?
Sappi North America, Inc. Salaried Investment Plan ranks in the 97th 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. Salaried Investment Plan?
Among 401(k) plans in other states, the closest by assets is U.S. Venture 401(k) Retirement Savings Plan in WI ($348M, 3,793 participants).

Next read for Sappi North America, Inc. Salaried Inves…

Scale reading

Ways to act on Sappi North America, Inc. Salaried Investment Plan's numbers.

  • By total assets, Sappi North America, Inc. Salaried Investment Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Massachusetts. Compare plans
  • Sappi North America, Inc.'s sponsor-wide assets have grown 16.2% since 2022 across 3 plan years on file. More Manufacturing plans