Defined Benefit (Pension) · DOL Form 5500 · 2024
Packaging Corporation of America Pension Plan
Data updated 2026-07-24
- $285M
- Total assets
- 336
- Participants
- 96th
- Percentile by assets
- $847,651
- Avg per participant
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.
- 96th percentile by assets (of 116,472 plans)
Coverage in Illinois
Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees covers 336 participants in Illinois, about 44% of the average Illinois filer (state average ~768 per filing). Assets: $285M.
- $285M
- total plan assets (2024 EOY)
- 336
- covered participants
- 96th
- percentile by assets (of 116,472 plans)
- $847,651
- avg assets per participant
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.
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.
Participants vs Illinois filers
In Illinois, the average filing covers about 768 participants across 5,440 plans. Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees reports 336 participants - about 44% of that state average ($285M EOY assets).
Illinois filing particulars
| Total Assets (Beginning of Year) | $292M |
|---|---|
| Net Assets (End of Year) | $285M |
| Net Income | -$7M |
| Employer EIN | 364277050 |
| Plan Effective Date | 2004-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Packaging Corporation of America)
| 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
- Central States, Southeast & Southwest Areas Pension Plan $48.2B · 36,799
- State Farm Insurance Companies Retirement Plan for United States Employees $37.7B · 41,619
- GE Healthcare Pension Plan $13.7B · 5,554
- Abbott Laboratories Annuity Retirement Plan $8.6B · 17,875
- Exelon Corporation Retirement Program $6.1B · 8,898
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees by total assets, not by location.
- Mueller Group, LLC Pension Plan for Selected Employees (GA) $285M · 371
- Fanuc Robotics America Retirement Plan (MI) $285M · 293
- Retirement Plan for Pilots of Hawaiian Airlines, Inc. (HI) $285M · 143
- Local No. 41 IBEW Pension Plan (NY) $285M · 628
Frequently Asked Questions
How did Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees assets move in 2024? ▼
How have Packaging Corporation of America plan assets changed over time? ▼
Where does Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees? ▼
Next read for Packaging Corporation of America Pension…
Filing takeaways
Ways to act on Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees's numbers.
- By total assets, Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Illinois. Compare plans
- Packaging Corporation of America's sponsor-wide assets have grown 22.2% since 2022 across 3 plan years on file. More Manufacturing plans
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 364277050.
Read our methodology - how this data is sourced, computed, and verified.