401(k) · DOL Form 5500 · 2024

Genpak LLC 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
105
Participants Small participant base
32nd
Percentile by assets National rank
$24,017
Avg per participant Low balance/head
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Official DOL plan name: Genpak LLC Hourly Paid Pension Plan · Sponsored by Genpak LLC · North Carolina · Manufacturing

$3M in assets, 105 participants

Genpak LLC's Genpak LLC Hourly Paid Pension Plan reported $3M in total assets and 105 participants in its 2024 DOL Form 5500 filing, ranking in the 32nd 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.

  • #2,834 in Manufacturing (17,777 peers)

Coverage in North Carolina

Genpak LLC Hourly Paid Pension Plan covers 105 participants in North Carolina, about 13% of the average North Carolina filer (state average ~819 per filing). Assets: $3M.

#2,834
in Manufacturing (17,777 peers)
-19.8%
assets change YoY

The plan reported a net loss of $623K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Genpak LLC Hourly Paid Pension Plan among the smaller filed plans by assets

Genpak LLC Hourly Paid Pension Plan vs every filed plan by assets

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

$2,521,755 32nd percentile higher than 32% 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

Genpak LLC Hourly Paid Pension Plan 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. Genpak LLC Hourly Paid Pension Plan sits mid-pack in the medium band (105 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Genpak LLC Hourly Paid Pension Plan reported net income fell from -$189K in the plan year 2023 filing to -$623K in the plan year 2024 filing.
  • Genpak LLC Hourly Paid Pension Plan reported participants fell from 145 in the plan year 2023 filing to 105 in the plan year 2024 filing.
  • Genpak LLC Hourly Paid Pension Plan end-of-year assets fell from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 141803622 · Genpak LLC PY 2024 · 401(k)

Genpak LLC Hourly Paid Pension Plan · $3M · 105 · 32nd

  • TYPE $3M
  • NET 105
  • BOOK 32nd
  • VS-ST 401(k)
  • BOY near Mgt 401(k)
  • SCH ind #2834

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 North Carolina →

Genpak LLC Hourly Paid Pension Plan in the asset neighbourhood

Genpak LLC Hourly Paid Pension PlanGenpak LLC Hourly Paid Pensi…$3MMgt 401(k)$3MHhc Florida 401(k) Plan$3MAccompany Health, Inc. 401(k) PlanAccompany Health, Inc. 401(k…$3MWachusett Healthcare 401(k) PlanWachusett Healthcare 401(k) …$3M
End-of-year total assets ($M) among Genpak LLC Hourly Paid Pension Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income-$623K
Employer EIN141803622
Plan Effective Date1981-08-14
Filing StatusFILING RECEIVED

Sponsor Plan History (Genpak LLC)

Sponsor-wide plan assets over time

All Genpak LLC plans reported in each filing year

Latest sponsor-wide plan assets
$89M 11.667403595501316% vs 2022
2024 filing year
$75M$80M$85M$90M$95M 202220232024 $80M $89.4M ▲ +11.7%
Year Plans Participants Total Assets
2022 2 1,534 $80M
2023 2 1,282 $86M
2024 2 1,221 $89M

Nearby 401(k) Plans in North Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Genpak LLC Hourly Paid Pension Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Genpak LLC Hourly Paid Pension Plan, Total assets ($B): 0.002521755 · Participants: 105Genpak LLC Hourly Paid Pension PlanThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) Savings Plan
Genpak LLC Hourly Paid Pension Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Genpak LLC Hourly Paid Pension Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Mgt 401(k) in CA ($3M); by covered participants it is Medwest Associates, Inc. Profit Sharing Plan in IL (105 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3M here).

Similar participant headcount

Nearest other-state filings by covered participants (105 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 Genpak LLC Hourly Paid Pension Plan assets move in 2024?
Genpak LLC Hourly Paid Pension Plan declined sharply - down 19.8% during 2024, from $3M to $3M. Reported net income was -$623K.
How have Genpak LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Genpak LLC's sponsor-wide assets grew 11.7%, from $80M to $89M.
Which 401(k) plans are similar in size to Genpak LLC Hourly Paid Pension Plan?
Among 401(k) plans in other states, the closest by assets is Mgt 401(k) in CA ($3M, 1 participant).
Which 401(k) plans cover a similar participant headcount to Genpak LLC Hourly Paid Pension Plan?
Among 401(k) plans in other states, the closest by covered participants is Medwest Associates, Inc. Profit Sharing Plan in IL (105 participants, N/A in assets).