Defined Benefit (Pension) · DOL Form 5500 · 2023

Sappi North America, Inc. Pension Plan

Data updated 2026-08-25

$85M
Total assets Below avg plan size
239
Participants Below avg headcount
90th
Percentile by assets National rank
$357,524
Avg per participant High balance/head
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Official DOL plan name: Sappi North America, Inc. Retirement Plan for Salaried Employees · Sponsored by Sappi North America, Inc. · Massachusetts · Manufacturing

$85M in assets, 239 participants

Sappi North America, Inc.'s Sappi North America, Inc. Retirement Plan for Salaried Employees reported $85M in total assets and 239 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • #15,984 in Manufacturing (18,722 peers)

Coverage in Massachusetts

Sappi North America, Inc. Retirement Plan for Salaried Employees covers 239 participants in Massachusetts, about 36% of the average Massachusetts filer (state average ~659 per filing). Assets: $85M.

#15,984
in Manufacturing (18,722 peers)
+8.2%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Sappi North America, Inc. Retirement Plan for Salaried Employees's outsized position by total assets

Sappi North America, Inc. Retirement Plan for Salaried Employees vs every filed plan by assets

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

$85,448,350 Top 10% higher than 90% 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. Retirement Plan for Salaried 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 Salaried Employees sits mid-pack in the medium band (239 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sappi North America, Inc. Retirement Plan for Salaried Employees reported net income rose from -$19M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Sappi North America, Inc. Retirement Plan for Salaried Employees reported participants fell from 273 in the plan year 2022 filing to 239 in the plan year 2023 filing.
  • Sappi North America, Inc. Retirement Plan for Salaried Employees end-of-year assets rose from $79M in the plan year 2022 filing to $85M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 232366983 · Sappi North America, Inc. PY 2023 · Defined Benefit (Pension)

Sappi North America, Inc. Retirement Plan for Salaried Employees · $85M · 239 · 90th

  • EBSA $85M
  • EBSA 239
  • EBSA 90th
  • EBSA Defined Benefit (Pension)
  • EBSA near Bacardi U.S.a., Inc. Pension Plan
  • EBSA ind #15984

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 Salaried Employees in the asset neighbourhood

Eastern Connecticut Health Network, Inc. Pension PlanEastern Connecticut Health N…$86MSunkist Retirement Plan - a$86MSappi North America, Inc. Retirement Plan for Salaried EmployeesSappi North America, Inc. Re…$85MBacardi U.S.a., Inc. Pension PlanBacardi U.S.a., Inc. Pension…$85MMaritz Holdings Inc. Retirement PlanMaritz Holdings Inc. Retirem…$85M
End-of-year total assets ($M) among Sappi North America, Inc. Retirement Plan for Salaried Employees and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$79M
Net Assets (End of Year)$85M
Net Income$6M
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. Retirement Plan for Salaried Employees vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Sappi North America, Inc. Retirement Plan for Salaried Employees, Total assets ($B): 0.08544835 · Participants: 239Sappi North America, Inc. Retirement Plan for Salaried EmployeesConsolidated 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. Retirement Plan for Salaried Employees vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants
Compare Sappi North America, Inc. Retirement Plan for Salaried Employees side-by-side with 3 peers →

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

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Bacardi U.S.a., Inc. Pension Plan in FL ($85M); by covered participants it is Elbit Systems of America Pension Plan for Employees in the Night Vision Bargaining Unit in TX (239 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($85M here).

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. Retirement Plan for Salaried Employees assets move in 2023? ▼
Sappi North America, Inc. Retirement Plan for Salaried Employees grew at a solid clip - up 8.2% during 2023, from $79M to $85M. Reported net income was $6M.
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. Retirement Plan for Salaried Employees rank by assets among Form 5500 filers? ▼
Sappi North America, Inc. Retirement Plan for Salaried Employees ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Sappi North America, Inc. Retirement Plan for Salaried Employees? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Bacardi U.S.a., Inc. Pension Plan in FL ($85M, 60 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sappi North America, Inc. Retirement Plan for Salaried Employees? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Elbit Systems of America Pension Plan for Employees in the Night Vision Bargaining Unit in TX (239 participants, $87M 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.