Other
2024 plan-year Other DOL Form 5500

SAPPI NORTH AMERICA, INC. RETIREMENT PLAN FOR HOURLY EMPLOYEES

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

SAPPI NORTH AMERICA, INC.

This Other plan holds $72M in total assets and serves 589 participants as of 2024. It is sponsored by SAPPI NORTH AMERICA, INC. in Massachusetts. The plan reported a net loss of $924K for the year.

Total Assets (2023)
$72M
Participants
589
Industry
Manufacturing

What the Filing Says About SAPPI NORTH AMERICA, INC. RETIREMENT PLAN FOR HOURLY EMPLOYEES

SAPPI NORTH AMERICA, INC. RETIREMENT PLAN FOR HOURLY EMPLOYEES is a Other retirement plan sponsored by SAPPI NORTH AMERICA, INC., headquartered in Massachusetts. As of the 2024 Form 5500 filing, the plan reports $72M in total end-of-year assets and covers 589 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 232366983, and the plan has been effective since 1994-10-31. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $73M at the beginning of 2024 to $72M at year-end — a decline of 1.3%. Net assets (after liabilities) closed the year at $72M, with reported net income of $-924,450 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$73M
Total Assets (End of Year)$72M
Net Assets (End of Year)$72M
Net Income$-924,450
Plan TypeOther
Employer EIN232366983
Plan Effective Date1994-10-31
Filing StatusFILING RECEIVED

Sponsor Plan History (SAPPI NORTH AMERICA, INC.)

Year Plans Participants Total Assets
2022 6 3,593 $801M
2023 6 3,525 $885M
2024 6 3,517 $930M

Nearby Other Plans in Massachusetts

Peer Other plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the SAPPI NORTH AMERICA, INC. RETIREMENT PLAN FOR HOURLY EMPLOYEES?
As of the 2024 Form 5500 filing, SAPPI NORTH AMERICA, INC. RETIREMENT PLAN FOR HOURLY EMPLOYEES holds $72M in total assets with 589 participants. It is sponsored by SAPPI NORTH AMERICA, INC..
What type of plan is SAPPI NORTH AMERICA, INC. RETIREMENT PLAN FOR HOURLY EMPLOYEES?
SAPPI NORTH AMERICA, INC. RETIREMENT PLAN FOR HOURLY EMPLOYEES is a Other plan. It has been effective since 1994-10-31. The plan is filed with the U.S. Department of Labor under EIN 232366983.
Who sponsors the SAPPI NORTH AMERICA, INC. RETIREMENT PLAN FOR HOURLY EMPLOYEES?
SAPPI NORTH AMERICA, INC. RETIREMENT PLAN FOR HOURLY EMPLOYEES is sponsored by SAPPI NORTH AMERICA, INC., located in Massachusetts. The sponsor's EIN is 232366983 and the plan operates in the Manufacturing industry.
How did SAPPI NORTH AMERICA, INC. RETIREMENT PLAN FOR HOURLY EMPLOYEES perform in 2024?
SAPPI NORTH AMERICA, INC. RETIREMENT PLAN FOR HOURLY EMPLOYEES declined by 1.3% during 2024, moving from $73M to $72M in total assets. Net income was $-924,450.
Where can I find official filings for SAPPI NORTH AMERICA, INC. RETIREMENT PLAN FOR HOURLY EMPLOYEES?
Official Form 5500 filings for SAPPI NORTH AMERICA, INC. RETIREMENT PLAN FOR HOURLY EMPLOYEES are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 232366983 or plan name at efast.dol.gov.
How does SAPPI NORTH AMERICA, INC. RETIREMENT PLAN FOR HOURLY EMPLOYEES compare to other plans?
You can compare SAPPI NORTH AMERICA, INC. RETIREMENT PLAN FOR HOURLY EMPLOYEES against other Other plans on the plan type page, or view plans in Massachusetts on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 232366983.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.