Defined Benefit (Pension) · DOL Form 5500 · 2023

Sappi North America, Inc. Pension Plan

Data updated 2026-08-25

$42M
Total assets Below avg plan size
141
Participants Small participant base
83rd
Percentile by assets National rank
$295,412
Avg per participant High balance/head
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Official DOL plan name: Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan · Sponsored by Sappi North America, Inc. · Massachusetts · Manufacturing

$42M in assets, 141 participants

Sappi North America, Inc.'s Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan reported $42M in total assets and 141 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • #14,327 in Manufacturing (18,722 peers)

Coverage in Massachusetts

Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan covers 141 participants in Massachusetts, about 21% of the average Massachusetts filer (state average ~659 per filing). Assets: $42M.

#14,327
in Manufacturing (18,722 peers)
+7.8%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan's outsized position by total assets

Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan vs every filed plan by assets

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

$41,653,069 Top 17% higher than 83% 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. Cumberland Mills Hourly Employees' Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan sits mid-pack in the medium band (141 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan reported net income rose from -$10M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan reported participants fell from 158 in the plan year 2022 filing to 141 in the plan year 2023 filing.
  • Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan end-of-year assets rose from $39M in the plan year 2022 filing to $42M 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 · Defined Benefit (Pension)

Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan · $42M · 141 · 83rd

  • RANK $42M
  • RANK 141
  • RANK 83rd
  • RANK Defined Benefit (Pension)
  • RANK near K&l Gates Partner Cash Balance Pension Plan Beta
  • RANK ind #14327

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. Cumberland Mills Hourly Employees' Retirement Plan in the asset neighbourhood

Western Farm Bureau Pension PlanWestern Farm Bureau Pension …$42MSt Mary's Bank-Lacaisse Populaire Ste-Marie Cu Cash Balance Defined Benefit Retirement Pension PlanSt Mary's Bank-Lacaisse Popu…$42MSappi North America, Inc. Cumberland Mills Hourly Employees' Retirement PlanSappi North America, Inc. Cu…$42MK&l Gates Partner Cash Balance Pension Plan BetaK&l Gates Partner Cash Balan…$42MK&l Gates Partner Cash Balance Pension Plan AlphaK&l Gates Partner Cash Balan…$42M
End-of-year total assets ($M) among Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$42M
Net Income$3M
Employer EIN232366983
Plan Effective Date1994-10-31
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 Defined Benefit (Pension) Plans in Massachusetts

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan, Total assets ($B): 0.041653069 · Participants: 141Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement PlanConsolidated Cash Balance Program of Mass General Brigham and Member Organizations, Total assets ($B): 10.325856564 · Participants: 58745Consolidated Cash Balance Program of Mass General Brigham and Member OrganizationsNew England Teamsters Pension Fund, Total assets ($B): 9.092299586 · Participants: 21786New England Teamsters Pension FundLiberty Mutual Retirement Benefit Plan, Total assets ($B): 6.892259637 · Participants: 37145Liberty Mutual Retirement Benefit PlanMassachusetts Institute of Technology Basic Retirement Plan, Total assets ($B): 5.381626447 · Participants: 11888Massachusetts Institute of Technology Basic Retirement PlanN. Atlantic States Carp. Pension Fund, Total assets ($B): 4.973349354 · Participants: 17166N. Atlantic States Carp. Pension Fund
Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants
Compare Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan side-by-side with 3 peers →

Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is K&l Gates Partner Cash Balance Pension Plan Beta in PA ($42M); by covered participants it is Shure Incorporated Employees' Retirement Plan in IL (141 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (141 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. Cumberland Mills Hourly Employees' Retirement Plan assets move in 2023? ▼
Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan grew at a solid clip - up 7.8% during 2023, from $39M to $42M. Reported net income was $3M.
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. Cumberland Mills Hourly Employees' Retirement Plan rank by assets among Form 5500 filers? ▼
Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan ranks in the 83rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is K&l Gates Partner Cash Balance Pension Plan Beta in PA ($42M, 349 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Shure Incorporated Employees' Retirement Plan in IL (141 participants, $15M 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.