Sappi North America, Inc. Hourly Investment Plan — Form 5500 plan (Sappi North America, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Sappi North America, Inc. Hourly Investment Plan is a benefit plan reported by Sappi North America, Inc. under EIN 23-2366983 and plan number 006. The latest loaded filing year is 2023. The filing reports 1,588 participants and $263,933,883 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$263.9MPlan net assets, end of year$263,933,883
Participants1.6KCovered participants reported1,588
Assets / participant$166.2KComputed: assets ÷ participants$166,205 (computed)
Provider compensation$170.9K3 Schedule C provider row(s)$170,852
Plan sponsor
Sappi North America, Inc.
EIN
23-2366983
Plan number
006
Plan type
2
Location
Boston, MA
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    1,588 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$263.9M total assets
Net assets$263.9MLiabilities$0
Money in vs. money out
Total income / additions$51.3M
Total expenses$29.6M
Benefits paid / distributions$29.4M
Contributions
Employer$3.5M
Participant$11.4M
Full reported line items

Net assets

Total assets (EOY)
$263,933,883
Total liabilities (EOY)
$0
Net assets (EOY)
$263,933,883
Net assets (BOY)
$242,953,465

Income & contributions

Employer contributions
$3,498,473
Participant contributions
$11,382,606
Total contributions
$15,673,799
Total income / additions
$51,321,263

Expenses & distributions

Benefits paid
$29,385,195
Administrative expenses
$158,852
Total expenses
$29,589,376
Net increase / (decrease)
$21,731,887
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 24%Participant 76%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income57%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    NONE · Direct $136.2K · Indirect $0
  2. 2
    Nepc, LLC$27.2K
    NONE · Direct $27.2K
  3. 3
    NONE · Direct $7.4K

Related Form 5500 pages