Defined Benefit (Pension) · DOL Form 5500 · 2024
Sappi North America, Inc. Pension Plan
Data updated 2026-08-25
- $41M
- Total assets Below avg plan size
- 135
- Participants Small participant base
- 82nd
- Percentile by assets National rank
- $304,543
- Avg per participant High balance/head
Official DOL plan name: Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan · Sponsored by Sappi North America, Inc. · Massachusetts · Manufacturing
$41M in assets, 135 participants
Sappi North America, Inc.'s Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan reported $41M in total assets and 135 participants in its 2024 DOL Form 5500 filing, ranking in the 82nd 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.
- #13,242 in Manufacturing (17,777 peers)
Coverage in Massachusetts
Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan covers 135 participants in Massachusetts, about 21% of the average Massachusetts filer (state average ~659 per filing). Assets: $41M.
- #13,242
- in Manufacturing (17,777 peers)
- -1.3%
- assets change YoY
- 0.4×
- vs typical plan assets (national mean)
The plan reported a net loss of $541K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan's outsized position by total assets
Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$41,113,286 Top 18% higher than 82% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan among mid-size filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan sits mid-pack in the medium band (135 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan reported net income fell from $3M in the plan year 2023 filing to -$541K in the plan year 2024 filing.
- Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan reported participants fell from 141 in the plan year 2023 filing to 135 in the plan year 2024 filing.
- Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan end-of-year assets fell from $42M in the plan year 2023 filing to $41M in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 232366983 · Sappi North America, Inc. PY 2024 · Defined Benefit (Pension)
Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan · $41M · 135 · 82nd
- IND $41M
- EOY 135
- 5500 82nd
- ASSETS Defined Benefit (Pension)
- PCT near Pension Plan for Bargaining Unit Employees of Nextiraone LLC
- EIN ind #13242
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. Cumberland Mills Hourly Employees' Retirement Plan in the asset neighbourhood
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $42M |
|---|---|
| Net Assets (End of Year) | $41M |
| Net Income | -$541K |
| 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 $11.6B · 60,621
- New England Teamsters Pension Fund $9.1B · 21,577
- Liberty Mutual Retirement Benefit Plan $6.3B · 34,910
- Massachusetts Institute of Technology Basic Retirement Plan $5.9B · 12,533
- N. Atlantic States Carp. Pension Fund $5.1B · 16,946
Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Pension Plan for Bargaining Unit Employees of Nextiraone LLC in PA ($41M); by covered participants it is Drs Consolidated Retirement Plan in VA (135 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($41M here).
Similar participant headcount
Nearest other-state filings by covered participants (135 participants); asset peers above are excluded.
- Drs Consolidated Retirement Plan (VA) 135 · 0 off
- Southern California General Sales Employers and United Food and Commercial Workers Unions Pension Fund (CA) 135 · 0 off
- Nrg Pension Plan for Bargained Employees (NJ) 135 · 0 off
- Service Benefit Plan Administrative Services Corp. Retirement Plan (MD) 135 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.