401(k) · DOL Form 5500 · 2024

Sappi North America, Inc. 401(k) Plan

Data updated 2026-08-11

$282M
Total assets
1,242
Participants
96th
Percentile by assets
$227,293
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Sappi North America, Inc. Hourly Investment Plan · Sponsored by Sappi North America, Inc. · Massachusetts · Manufacturing

$282M in assets, 1,242 participants

Sappi North America, Inc.'s Sappi North America, Inc. Hourly Investment Plan reported $282M in total assets and 1,242 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 123,622 plans)
  • #16,559 in Manufacturing (17,777 peers)

Where Sappi North America, Inc. Hourly Investment Plan sits by assets

Sappi North America, Inc. Hourly Investment Plan sits in the top 5% of all filed plans by assets, $282M for 1,242 participants (~$227,293/participant), up 7.0% in 2024.

$282M
total plan assets (2024 EOY)
1,242
covered participants
96th
percentile by assets (of 123,622 plans)
$227,293
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sappi North America, Inc. Hourly Investment Plan reported net income fell from $22M in the plan year 2023 filing to $19M in the plan year 2024 filing.
  • Sappi North America, Inc. Hourly Investment Plan end-of-year assets rose from $264M in the plan year 2023 filing to $282M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Industry

Sappi North America, Inc. Hourly Investment Plan vs the 2024 asset distribution

By assets, Sappi North America, Inc. Hourly Investment Plan outranks 96% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$264M
Net Assets (End of Year)$282M
Net Income$19M
Employer EIN232366983
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sappi North America, Inc.)

$750M$800M$850M$900M$950M 202220232024 $801M $930M ▲ +16.2%
Total plan assets by year, all Sappi North America, Inc. plans on file
Year Plans Participants Total Assets
2022 6 3,593 $801M
2023 6 3,525 $885M
2024 6 3,517 $930M

Nearby 401(k) Plans in Massachusetts

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

Sappi North America, Inc. Hourly Investment Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Sappi North America, Inc. Hourly Investment Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Sappi North America,…Fidelity Retirement …Liberty Mutual 401(k…Massachusetts Instit…Boston Scientific Co…State Street Salary …
Sappi North America, Inc. Hourly Investment Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Sappi North America, Inc. Hourly Investment Plan by total assets, not by location.

Frequently Asked Questions

How did Sappi North America, Inc. Hourly Investment Plan assets move in 2024?
Sappi North America, Inc. Hourly Investment Plan grew at a solid clip - up 7.0% during 2024, from $264M to $282M. Reported net income was $19M.
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. Hourly Investment Plan rank by assets among Form 5500 filers?
Sappi North America, Inc. Hourly Investment Plan ranks in the 96th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Sappi North America, Inc. Hourly Investment Plan?
Among 401(k) plans in other states, the closest by assets is Blue Cross and Blue Shield of Kansas City 401(k) Plan in MO ($282M, 1,532 participants).

Next read for Sappi North America, Inc. Hourly Investm…

Scale reading

Ways to act on Sappi North America, Inc. Hourly Investment Plan's numbers.

  • By total assets, Sappi North America, Inc. Hourly Investment Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Massachusetts. Compare plans
  • Sappi North America, Inc.'s sponsor-wide assets have grown 16.2% since 2022 across 3 plan years on file. More Manufacturing plans