Defined Benefit (Pension) · DOL Form 5500 · 2024
Sappi North America, Inc. Pension Plan
Data updated 2026-08-25
- $72M
- Total assets Below avg plan size
- 589
- Participants Below avg headcount
- 88th
- Percentile by assets National rank
- $121,648
- Avg per participant Near avg balance/head
Official DOL plan name: Sappi North America, Inc. Retirement Plan for Hourly Employees · Sponsored by Sappi North America, Inc. · Massachusetts · Manufacturing
$72M in assets, 589 participants
Sappi North America, Inc.'s Sappi North America, Inc. Retirement Plan for Hourly Employees reported $72M in total assets and 589 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.
- #14,610 in Manufacturing (17,777 peers)
Where Sappi North America, Inc. Retirement Plan for Hourly Employees sits by assets
Sappi North America, Inc. Retirement Plan for Hourly Employees sits in the top quartile of all filed plans by assets, $72M for 589 participants (~$121,648/participant), down 1.3% in 2024.
- #14,610
- in Manufacturing (17,777 peers)
- -1.3%
- assets change YoY
- 0.7×
- vs typical plan assets (national mean)
The plan reported a net loss of $924K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Sappi North America, Inc. Retirement Plan for Hourly Employees's outsized position by total assets
Sappi North America, Inc. Retirement Plan for Hourly Employees vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$71,650,584 Top 12% higher than 88% 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. Retirement Plan for Hourly Employees 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. Retirement Plan for Hourly Employees sits mid-pack in the medium band (589 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Sappi North America, Inc. Retirement Plan for Hourly Employees reported net income fell from $5M in the plan year 2023 filing to -$924K in the plan year 2024 filing.
- Sappi North America, Inc. Retirement Plan for Hourly Employees reported participants fell from 598 in the plan year 2023 filing to 589 in the plan year 2024 filing.
- Sappi North America, Inc. Retirement Plan for Hourly Employees end-of-year assets fell from $73M in the plan year 2023 filing to $72M in the plan year 2024 filing.
DOL schedule card
Filing strip 232366983 · Sappi North America, Inc. PY 2024 · Defined Benefit (Pension)
Sappi North America, Inc. Retirement Plan for Hourly Employees · $72M · 589 · 88th
- BOY $72M
- BOY 589
- BOY 88th
- BOY Defined Benefit (Pension)
- BOY near Retirement Plan for Employees of Meadville Medical Center
- BOY ind #14610
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. Retirement Plan for Hourly Employees in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $73M |
|---|---|
| Net Assets (End of Year) | $72M |
| Net Income | -$924K |
| 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. Retirement Plan for Hourly Employees's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Retirement Plan for Employees of Meadville Medical Center in PA ($72M); by covered participants it is The Pension Plan and Trust for the Employees of Bronxcare Health System in NY (589 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($72M here).
Similar participant headcount
Nearest other-state filings by covered participants (589 participants); asset peers above are excluded.
- The Pension Plan and Trust for the Employees of Bronxcare Health System (NY) 589 · 0 off
- Covestro LLC Pension Plan (PA) 588 · 1 off
- Kao America Inc. Pension Plan (OH) 591 · 2 off
- Teamsters Local Union No. 115 Pension Plan (PA) 591 · 2 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.