Defined Benefit (Pension) · DOL Form 5500 · 2023
Sappi North America, Inc. Pension Plan
Data updated 2026-08-25
- $73M
- Total assets Below avg plan size
- 598
- Participants Below avg headcount
- 89th
- Percentile by assets National rank
- $121,342
- Avg per participant Near avg balance/head
Official DOL plan name: Sappi North America, Inc. Retirement Plan for Hourly Employees · Sponsored by Sappi North America, Inc. · Massachusetts · Manufacturing
$73M in assets, 598 participants
Sappi North America, Inc.'s Sappi North America, Inc. Retirement Plan for Hourly Employees reported $73M in total assets and 598 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.
- #15,642 in Manufacturing (18,722 peers)
Where Sappi North America, Inc. Retirement Plan for Hourly Employees sits by assets
Sappi North America, Inc. Retirement Plan for Hourly Employees sits in the top quartile of all filed plans by assets, $73M for 598 participants (~$121,342/participant), up 7.9% in 2023.
- #15,642
- in Manufacturing (18,722 peers)
- +7.9%
- assets growth YoY
- 0.7×
- vs typical plan assets (national mean)
Sappi North America, Inc. Retirement Plan for Hourly Employees's outsized position by total assets
Sappi North America, Inc. Retirement Plan for Hourly Employees vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$72,562,813 Top 11% higher than 89% of 127,068 filed plans
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. Retirement Plan for Hourly Employees 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. Retirement Plan for Hourly Employees sits mid-pack in the medium band (598 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Sappi North America, Inc. Retirement Plan for Hourly Employees reported net income rose from -$18M in the plan year 2022 filing to $5M in the plan year 2023 filing.
- Sappi North America, Inc. Retirement Plan for Hourly Employees end-of-year assets rose from $67M in the plan year 2022 filing to $73M in the plan year 2023 filing.
- Sappi North America, Inc. Retirement Plan for Hourly Employees reported participants rose from 554 in the plan year 2022 filing to 598 in the plan year 2023 filing.
DOL schedule card
Filing strip 232366983 · Sappi North America, Inc. PY 2023 · Defined Benefit (Pension)
Sappi North America, Inc. Retirement Plan for Hourly Employees · $73M · 598 · 89th
- ASSETS $73M
- PCT 598
- EIN 89th
- RANK Defined Benefit (Pension)
- PHOTO near Vinson & Elkins LLP Variable Annuity Plan a
- IND ind #15642
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. Retirement Plan for Hourly Employees in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $67M |
|---|---|
| Net Assets (End of Year) | $73M |
| Net Income | $5M |
| Employer EIN | 232366983 |
| Plan Effective Date | 1994-10-31 |
| Filing Status | FILING 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
| 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.
- Consolidated Cash Balance Program of Mass General Brigham and Member Organizations $10.3B · 58,745
- New England Teamsters Pension Fund $9.1B · 21,786
- Liberty Mutual Retirement Benefit Plan $6.9B · 37,145
- Massachusetts Institute of Technology Basic Retirement Plan $5.4B · 11,888
- N. Atlantic States Carp. Pension Fund $5.0B · 17,166
Sappi North America, Inc. Retirement Plan for Hourly Employees's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Vinson & Elkins LLP Variable Annuity Plan a in TX ($73M); by covered participants it is Teledyne Technologies Incorporated Pension Plan for Defined Active Participants in CA (598 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($73M here).
- Vinson & Elkins LLP Variable Annuity Plan a (TX) $73M · 175
- Vinson & Elkins LLP Variable Annuity Plan B (TX) $73M · 175
- Kerry Inc. Employees Retirement Plan (WI) $73M · 276
- Nationwide Children's Hospital Pension Plan (OH) $72M · N/A
Similar participant headcount
Nearest other-state filings by covered participants (598 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.