Defined Benefit (Pension) · DOL Form 5500 · 2024

Sappi North America, Inc. Pension Plan

Data updated 2026-08-25

$85M
Total assets Below avg plan size
219
Participants Below avg headcount
89th
Percentile by assets National rank
$389,927
Avg per participant High balance/head
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Official DOL plan name: Sappi North America, Inc. Retirement Plan for Salaried Employees · Sponsored by Sappi North America, Inc. · Massachusetts · Manufacturing

$85M in assets, 219 participants

Sappi North America, Inc.'s Sappi North America, Inc. Retirement Plan for Salaried Employees reported $85M in total assets and 219 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • #14,970 in Manufacturing (17,777 peers)

Coverage in Massachusetts

Sappi North America, Inc. Retirement Plan for Salaried Employees covers 219 participants in Massachusetts, about 33% of the average Massachusetts filer (state average ~659 per filing). Assets: $85M.

#14,970
in Manufacturing (17,777 peers)
-0.1%
assets change YoY
0.9×
vs typical plan assets (national mean)

Sappi North America, Inc. Retirement Plan for Salaried Employees's outsized position by total assets

Sappi North America, Inc. Retirement Plan for Salaried Employees vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$85,393,965 Top 11% higher than 89% of 123,620 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 2024

Sappi North America, Inc. Retirement Plan for Salaried 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 Salaried Employees sits mid-pack in the medium band (219 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sappi North America, Inc. Retirement Plan for Salaried Employees reported net income fell from $6M in the plan year 2023 filing to $19K in the plan year 2024 filing.
  • Sappi North America, Inc. Retirement Plan for Salaried Employees reported participants fell from 239 in the plan year 2023 filing to 219 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 232366983 · Sappi North America, Inc. PY 2024 · Defined Benefit (Pension)

Sappi North America, Inc. Retirement Plan for Salaried Employees · $85M · 219 · 89th

  • RANK $85M
  • PHOTO 219
  • IND 89th
  • EOY Defined Benefit (Pension)
  • 5500 near Retirement Plan for Employees of Pwc
  • ASSETS ind #14970

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 Salaried Employees in the asset neighbourhood

American College of Surgeons Staff Members' Retirement PlanAmerican College of Surgeons…$86MFulton Financial Affiliates Defined Benefit Pension PlanFulton Financial Affiliates …$86MGermania Companies Employees Defined Benefit Pension PlanGermania Companies Employees…$86MSappi North America, Inc. Retirement Plan for Salaried EmployeesSappi North America, Inc. Re…$85MRetirement Plan for Employees of PwcRetirement Plan for Employee…$85M
End-of-year total assets ($M) among Sappi North America, Inc. Retirement Plan for Salaried Employees and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Massachusetts filing particulars

Total Assets (Beginning of Year)$85M
Net Assets (End of Year)$85M
Net Income$19K
Employer EIN232366983
Plan Effective Date1994-10-31
Filing StatusFILING 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
$750M$800M$850M$900M$950M 202220232024 $801M $930M ▲ +16.2%
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.

Sappi North America, Inc. Retirement Plan for Salaried Employees vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Sappi North America, Inc. Retirement Plan for Salaried Employees, Total assets ($B): 0.085393965 · Participants: 219Sappi North America, Inc. Retirement Plan for Salaried EmployeesConsolidated Cash Balance Program of Mass General Brigham and Member Organizations, Total assets ($B): 11.586293172 · Participants: 60621Consolidated Cash Balance Program of Mass General Brigham and Member OrganizationsNew England Teamsters Pension Fund, Total assets ($B): 9.093299462 · Participants: 21577New England Teamsters Pension FundLiberty Mutual Retirement Benefit Plan, Total assets ($B): 6.250686483 · Participants: 34910Liberty Mutual Retirement Benefit PlanMassachusetts Institute of Technology Basic Retirement Plan, Total assets ($B): 5.888715533 · Participants: 12533Massachusetts Institute of Technology Basic Retirement PlanN. Atlantic States Carp. Pension Fund, Total assets ($B): 5.086051556 · Participants: 16946N. Atlantic States Carp. Pension Fund
Sappi North America, Inc. Retirement Plan for Salaried Employees vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants

Sappi North America, Inc. Retirement Plan for Salaried 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 Pwc in FL ($85M); by covered participants it is Spx US Pension Plan in NC (219 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (219 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Sappi North America, Inc. Retirement Plan for Salaried Employees assets move in 2024?
Sappi North America, Inc. Retirement Plan for Salaried Employees held essentially flat - down 0.1% during 2024, from $85M to $85M. Reported net income was $19K.
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. Retirement Plan for Salaried Employees rank by assets among Form 5500 filers?
Sappi North America, Inc. Retirement Plan for Salaried Employees ranks in the 89th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Sappi North America, Inc. Retirement Plan for Salaried Employees?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan for Employees of Pwc in FL ($85M, 221 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sappi North America, Inc. Retirement Plan for Salaried Employees?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Spx US Pension Plan in NC (219 participants, $151M in assets).