Defined Benefit (Pension) · DOL Form 5500 · 2024

Packaging Corporation of America Pension Plan

Data updated 2026-08-25

$285M
Total assets Near avg plan size
336
Participants Below avg headcount
96th
Percentile by assets National rank
$847,651
Avg per participant High balance/head
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Official DOL plan name: Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees · Sponsored by Packaging Corporation of America · Illinois · Manufacturing

$285M in assets, 336 participants

Packaging Corporation of America's Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees reported $285M in total assets and 336 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.

  • #16,566 in Manufacturing (17,777 peers)

Coverage in Illinois

Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees covers 336 participants in Illinois, about 43% of the average Illinois filer (state average ~779 per filing). Assets: $285M.

#16,566
in Manufacturing (17,777 peers)
-2.5%
assets change YoY
2.9×
vs typical plan assets (national mean)

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees's outsized position by total assets

Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees vs every filed plan by assets

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

$284,810,599 Top 4% higher than 96% 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

Packaging Corporation of America Pension Plan for Eligible Grandfathered 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. Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees sits mid-pack in the medium band (336 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees reported net income fell from $46M in the plan year 2023 filing to -$7M in the plan year 2024 filing.
  • Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees reported participants fell from 377 in the plan year 2023 filing to 336 in the plan year 2024 filing.
  • Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees end-of-year assets fell from $292M in the plan year 2023 filing to $285M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 364277050 · Packaging Corporation of America PY 2024 · Defined Benefit (Pension)

Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees · $285M · 336 · 96th

  • EOY $285M
  • 5500 336
  • ASSETS 96th
  • PCT Defined Benefit (Pension)
  • EIN near Mueller Group, LLC Pension Plan for Selected Employees
  • RANK ind #16566

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 Illinois →

Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees in the asset neighbourhood

Local No. 41 IBEW Pension PlanLocal No. 41 IBEW Pension Pl…$285MRetirement Plan for Pilots of Hawaiian Airlines, Inc.Retirement Plan for Pilots o…$285MMueller Group, LLC Pension Plan for Selected EmployeesMueller Group, LLC Pension P…$285MPackaging Corporation of America Pension Plan for Eligible Grandfathered Salaried EmployeesPackaging Corporation of Ame…$285MFanuc Robotics America Retirement PlanFanuc Robotics America Retir…$285M
End-of-year total assets ($M) among Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Illinois filing particulars

Total Assets (Beginning of Year)$292M
Net Assets (End of Year)$285M
Net Income-$7M
Employer EIN364277050
Plan Effective Date2004-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Packaging Corporation of America)

Sponsor-wide plan assets over time

All Packaging Corporation of America plans reported in each filing year

Latest sponsor-wide plan assets
$4.0B 22.235714965809493% vs 2022
2024 filing year
$3B$3.5B$4B$4.5B 202220232024 $3.26B $3.99B ▲ +22.4%
Year Plans Participants Total Assets
2022 8 20,251 $3.3B
2023 5 20,299 $3.7B
2024 5 19,472 $4.0B

Nearby Defined Benefit (Pension) Plans in Illinois

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -200204060 Total assets ($B) Participants Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees, Total assets ($B): 0.284810599 · Participants: 336Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried EmployeesCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 48.22071058 · Participants: 36799Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 37.736369487 · Participants: 41619State Farm Insurance Companies Retirement Plan for United States EmployeesGE Healthcare Pension Plan, Total assets ($B): 13.74052931 · Participants: 5554GE Healthcare Pension PlanAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 8.591907247 · Participants: 17875Abbott Laboratories Annuity Retirement PlanUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 8.17675965 · Participants: 20984United Food & Commercial Workers Intl Union - Industry Pension Fund
Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Mueller Group, LLC Pension Plan for Selected Employees in GA ($285M); by covered participants it is Allen Health Systems, Inc. Retirement Income Plan in IA (336 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (336 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 Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees assets move in 2024?
Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees edged down modestly - down 2.5% during 2024, from $292M to $285M. Reported net income was -$7M.
How have Packaging Corporation of America plan assets changed over time?
Across 3 plan years on file (2022-2024), Packaging Corporation of America's sponsor-wide assets grew 22.2%, from $3.3B to $4.0B.
Where does Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees rank by assets among Form 5500 filers?
Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees 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 Defined Benefit (Pension) plans are similar in size to Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Mueller Group, LLC Pension Plan for Selected Employees in GA ($285M, 371 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Allen Health Systems, Inc. Retirement Income Plan in IA (336 participants, $13M in assets).