401(k) · DOL Form 5500 · 2023

Genpak LLC 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
145
Participants Small participant base
36th
Percentile by assets National rank
$21,687
Avg per participant Low balance/head
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Official DOL plan name: Genpak LLC Hourly Paid Pension Plan · Sponsored by Genpak LLC · North Carolina · Manufacturing

$3M in assets, 145 participants

Genpak LLC's Genpak LLC Hourly Paid Pension Plan reported $3M in total assets and 145 participants in its 2023 DOL Form 5500 filing, ranking in the 36th 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.

  • #3,705 in Manufacturing (18,722 peers)

Coverage in North Carolina

Genpak LLC Hourly Paid Pension Plan covers 145 participants in North Carolina, about 18% of the average North Carolina filer (state average ~819 per filing). Assets: $3M.

#3,705
in Manufacturing (18,722 peers)
-5.7%
assets change YoY

The plan reported a net loss of $189K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Genpak LLC Hourly Paid Pension Plan's mid-pack asset rank among Manufacturing and all filers

Genpak LLC Hourly Paid Pension Plan vs every filed plan by assets

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

$3,144,654 36th percentile higher than 36% 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

Genpak LLC Hourly Paid Pension 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. Genpak LLC Hourly Paid Pension Plan sits mid-pack in the medium band (145 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Genpak LLC Hourly Paid Pension Plan reported net income rose from -$796K in the plan year 2022 filing to -$189K in the plan year 2023 filing.
  • Genpak LLC Hourly Paid Pension Plan reported participants rose from 129 in the plan year 2022 filing to 145 in the plan year 2023 filing.
  • Genpak LLC Hourly Paid Pension Plan end-of-year assets fell from $3M in the plan year 2022 filing to $3M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 141803622 · Genpak LLC PY 2023 · 401(k)

Genpak LLC Hourly Paid Pension Plan · $3M · 145 · 36th

  • EBSA $3M
  • PART 145
  • TYPE 36th
  • NET 401(k)
  • BOOK near W. Perednia, P.S., Inc. Pension Plan
  • VS-ST ind #3705

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 North Carolina →

Genpak LLC Hourly Paid Pension Plan in the asset neighbourhood

Able Composites LLC 401(k) PlanAble Composites LLC 401(k) P…$3MMattspell Motors Inc. Profit Sharing PlanMattspell Motors Inc. Profit…$3MGenpak LLC Hourly Paid Pension PlanGenpak LLC Hourly Paid Pensi…$3MW. Perednia, P.S., Inc. Pension PlanW. Perednia, P.S., Inc. Pens…$3MTexas Shafts, Inc. Profit Sharing PlanTexas Shafts, Inc. Profit Sh…$3M
End-of-year total assets ($M) among Genpak LLC Hourly Paid Pension Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income-$189K
Employer EIN141803622
Plan Effective Date1981-08-14
Filing StatusFILING RECEIVED

Sponsor Plan History (Genpak LLC)

Sponsor-wide plan assets over time

All Genpak LLC plans reported in each filing year

Latest sponsor-wide plan assets
$89M 11.667403595501316% vs 2022
2024 filing year
$75M$80M$85M$90M$95M 202220232024 $80M $89.4M ▲ +11.7%
Year Plans Participants Total Assets
2022 2 1,534 $80M
2023 2 1,282 $86M
2024 2 1,221 $89M

Nearby 401(k) Plans in North Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Genpak LLC Hourly Paid Pension Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Genpak LLC Hourly Paid Pension Plan, Total assets ($B): 0.003144654 · Participants: 145Genpak LLC Hourly Paid Pension PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Genpak LLC Hourly Paid Pension Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Genpak LLC Hourly Paid Pension Plan side-by-side with 3 peers →

Genpak LLC Hourly Paid Pension Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is W. Perednia, P.S., Inc. Pension Plan in WA ($3M); by covered participants it is Fabian Oil Inc Profit Sharing Plan and Trust in ME (145 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3M here).

Similar participant headcount

Nearest other-state filings by covered participants (145 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 Genpak LLC Hourly Paid Pension Plan assets move in 2023? ▼
Genpak LLC Hourly Paid Pension Plan pulled back noticeably - down 5.7% during 2023, from $3M to $3M. Reported net income was -$189K.
How have Genpak LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Genpak LLC's sponsor-wide assets grew 11.7%, from $80M to $89M.
Which 401(k) plans are similar in size to Genpak LLC Hourly Paid Pension Plan? ▼
Among 401(k) plans in other states, the closest by assets is W. Perednia, P.S., Inc. Pension Plan in WA ($3M, 7 participants).
Which 401(k) plans cover a similar participant headcount to Genpak LLC Hourly Paid Pension Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Fabian Oil Inc Profit Sharing Plan and Trust in ME (145 participants, N/A 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 141803622.

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.