Defined Benefit (Pension) · DOL Form 5500 · 2023
Packaging Corporation of America Pension Plan
Data updated 2026-08-25
- $371M
- Total assets Above avg plan size
- 3,426
- Participants Above avg headcount
- 97th
- Percentile by assets National rank
- $108,213
- Avg per participant Below avg balance/head
Official DOL plan name: Packaging Corporation of America Hourly Pension Plan · Sponsored by Packaging Corporation of America · Illinois · Manufacturing
$371M in assets, 3,426 participants
Packaging Corporation of America's Packaging Corporation of America Hourly Pension Plan reported $371M in total assets and 3,426 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.
- #17,738 in Manufacturing (18,722 peers)
Coverage in Illinois
Packaging Corporation of America Hourly Pension Plan covers 3,426 participants in Illinois, 4.4x the typical Illinois plan (state average ~779 per filing). Assets: $371M.
- #17,738
- in Manufacturing (18,722 peers)
- +6.0%
- assets growth YoY
- 3.7×
- vs typical plan assets (national mean)
Packaging Corporation of America Hourly Pension Plan's outsized position by total assets
Packaging Corporation of America Hourly Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$370,736,334 Top 3% higher than 97% 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
Packaging Corporation of America Hourly Pension 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. Packaging Corporation of America Hourly Pension Plan lands in the large band (3,426 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Packaging Corporation of America Hourly Pension Plan reported net income rose from -$92M in the plan year 2022 filing to $21M in the plan year 2023 filing.
- Packaging Corporation of America Hourly Pension Plan end-of-year assets rose from $350M in the plan year 2022 filing to $371M in the plan year 2023 filing.
- Packaging Corporation of America Hourly Pension Plan reported participants rose from 3,360 in the plan year 2022 filing to 3,426 in the plan year 2023 filing.
DOL schedule card
Filing strip 364277050 · Packaging Corporation of America PY 2023 · Defined Benefit (Pension)
Packaging Corporation of America Hourly Pension Plan · $371M · 3,426 · 97th
- TYPE $371M
- TYPE 3,426
- TYPE 97th
- TYPE Defined Benefit (Pension)
- TYPE near Pension Plan for Employees of Amphenol Corporation
- TYPE ind #17738
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 Illinois →
Packaging Corporation of America Hourly Pension Plan in the asset neighbourhood
Illinois filing particulars
| Total Assets (Beginning of Year) | $350M |
|---|---|
| Net Assets (End of Year) | $371M |
| Net Income | $21M |
| Employer EIN | 364277050 |
| Plan Effective Date | 2003-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Packaging Corporation of America)
Sponsor-wide plan assets over time
All Packaging Corporation of America plans reported in each filing year
- Latest sponsor-wide plan assets
- $4.0B 22.235714965809493% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 8 | 20,251 | $3.3B |
| 2023 | 5 | 20,299 | $3.7B |
| 2024 | 5 | 19,472 | $4.0B |
Nearby Defined Benefit (Pension) Plans in Illinois
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Central States, Southeast & Southwest Areas Pension Plan $49.7B · 48,538
- State Farm Insurance Companies Retirement Plan for United States Employees $35.2B · 45,001
- United Food & Commercial Workers Intl Union - Industry Pension Fund $8.0B · 20,680
- John Deere Pension Plan for Salaried Employees $8.0B · 16,346
- Abbott Laboratories Annuity Retirement Plan $7.8B · 17,382
Packaging Corporation of America Hourly Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Illinois, the nearest Defined Benefit (Pension) by assets is Pension Plan for Employees of Amphenol Corporation in CT ($371M); by covered participants it is Retirement Plan for Employees of Concord Hospital in NH (3,425 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($371M here).
- Pension Plan for Employees of Amphenol Corporation (CT) $371M · 619
- Western Glaziers Retirement Plan (WA) $371M · 1,153
- Sheet Metal Workers' Local 100 Washington, D.C. Area Pension Fund (OR) $370M · 1,460
- Pointers, Cleaners, & Caulkers Pension Fund (NY) $370M · 1,515
Similar participant headcount
Nearest other-state filings by covered participants (3,426 participants); asset peers above are excluded.
- Retirement Plan for Employees of Concord Hospital (NH) 3,425 · 1 off
- Alaska Teamster-Employer Pension Trust (AK) 3,436 · 10 off
- Lehigh Valley Health Network, Inc. Retirement Plan (PA) 3,415 · 11 off
- Michigan Carpenters' Pension Fund (MI) 3,408 · 18 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.