Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Warren S D › plan 005
Sappi North America, Inc. Salaried Investment Plan
- Sponsor Warren S D
- Plan number 005
- Plan year 2024
- $250M-1B in assets
- single-employer
Administrative expenses excluding investment management, per participant · Sappi North America, Inc. Salaried Investment Plan · plan year 2024
$124.99
Higher than 86% of the 2,324 plans $250M to 1B that report it.
Source
= $132,366 / 1,059
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250821110520NAL0004090273001, received 2025-08-21
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250821110520NAL0004090273001, received 2025-08-21
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-08-21.
Cost and contributions
Administrative expenses per participant
$124.99
Higher than 72% of the 2,405 plans $250M to 1B that report it.
Source
= $132,366 / 1,059
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250821110520NAL0004090273001, received 2025-08-21
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250821110520NAL0004090273001, received 2025-08-21
Administrative expenses as a share of assets
0.035%
Higher than 21% of the 2,407 plans $250M to 1B that report it.
Source
= $132,366 / $376,821,893
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250821110520NAL0004090273001, received 2025-08-21
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250821110520NAL0004090273001, received 2025-08-21
Employer contributions per participant
$5,719
Higher than 79% of the 2,457 plans $250M to 1B that report it.
Source
= $6,056,436 / 1,059
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250821110520NAL0004090273001, received 2025-08-21
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250821110520NAL0004090273001, received 2025-08-21
Employer share of total contributions
35.5%
Higher than 64% of the 2,459 plans $250M to 1B that report it.
Source
= $6,056,436 / $17,052,378
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250821110520NAL0004090273001, received 2025-08-21
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250821110520NAL0004090273001, received 2025-08-21
Plan features
2E profit-sharing · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3H controlled-group sponsor · 3I · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250821110520NAL0004090273001, received 2025-08-21
Full record, Sappi North America, Inc. Salaried Investment Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | SAPPI NORTH AMERICA, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250821110520NAL0004090273001, received 2025-08-21 |
| Plan name | SAPPI NORTH AMERICA, INC. SALARIED INVESTMENT PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250821110520NAL0004090273001, received 2025-08-21 |
| Sponsor EIN / plan number | 23-2366983 / 005 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250821110520NAL0004090273001, received 2025-08-21 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250821110520NAL0004090273001, received 2025-08-21 |
| Sponsor location | BOSTON, MA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250821110520NAL0004090273001, received 2025-08-21 |
| Industry (business code) | 322200, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250821110520NAL0004090273001, received 2025-08-21 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250821110520NAL0004090273001, received 2025-08-21 |
| Filing received | 2025-08-21 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250821110520NAL0004090273001, received 2025-08-21 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250821110520NAL0004090273001, received 2025-08-21 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250821110520NAL0004090273001, received 2025-08-21 |
| Participants, beginning of year | 1,097 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250821110520NAL0004090273001, received 2025-08-21 |
| Active participants | 749 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250821110520NAL0004090273001, received 2025-08-21 |
| Participants, end of year | 1,067 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250821110520NAL0004090273001, received 2025-08-21 |
| Participants with an account balance | 1,059 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250821110520NAL0004090273001, received 2025-08-21 |
| Total assets, beginning of year | $348,231,085 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250821110520NAL0004090273001, received 2025-08-21 |
| Total assets, end of year | $376,821,893 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250821110520NAL0004090273001, received 2025-08-21 |
| Net assets, end of year | $376,821,893 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250821110520NAL0004090273001, received 2025-08-21 |
| Total income | $61,786,045 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250821110520NAL0004090273001, received 2025-08-21 |
| Net income | $28,160,909 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250821110520NAL0004090273001, received 2025-08-21 |
| Employer contributions | $6,056,436 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250821110520NAL0004090273001, received 2025-08-21 |
| Participant contributions | $10,380,447 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250821110520NAL0004090273001, received 2025-08-21 |
| Other contributions (incl. rollovers) | $615,495 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250821110520NAL0004090273001, received 2025-08-21 |
| Total contributions | $17,052,378 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250821110520NAL0004090273001, received 2025-08-21 |
| Benefit payments | $33,492,770 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250821110520NAL0004090273001, received 2025-08-21 |
| Total expenses (incl. benefit payments) | $33,625,136 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250821110520NAL0004090273001, received 2025-08-21 |
| Total administrative expenses | $132,366 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250821110520NAL0004090273001, received 2025-08-21 |
| Administrative expenses excluding investment management | $132,366 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250821110520NAL0004090273001, received 2025-08-21 |
| Held in common/collective trusts | $183,227,397 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250821110520NAL0004090273001, received 2025-08-21 |
| Held in mutual funds | $191,720,734 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250821110520NAL0004090273001, received 2025-08-21 |
| Independent auditor | CARON & BLETZER, PLLC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250821110520NAL0004090273001, received 2025-08-21 |
Position = column in the DOL layout for form year 2024. Filing 20250821110520NAL0004090273001, received 2025-08-21.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC.recordkeeper | NONE | 15 Recordkeeping and information management; 25 Trustee (directed); 37 Participant loan processing; 38 Participant communication; 52 Investment management fees paid indirectly by plan | $78,476 | yes |
| NEPC, LLC | NONE | 16 Consulting (general) | $37,490 | no |
| CARON & BLETZER PLLC | NONE | 29 Legal | $19,800 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250821110520NAL0004090273001, received 2025-08-21.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $348,231,085 | $376,821,893 | 8.2% |
| Participants with a balance | 1,088 | 1,059 | -2.7% |
| Administrative expenses | $136,929 | $132,366 | -3.3% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $5,776,038 | $6,056,436 | 4.9% |
Prior filing 20240919143058NAL0003631779001, received 2024-09-19; the plan years are contiguous.