Plan Snapshot
- Plan Sponsor: International Paper Company
- Sponsor EIN: 130872805
- Sponsor Address: 6400 POPLAR AVE, MEMPHIS, TN, 38197
- Plan Type: 401(k)
- Total Participants: 12,229
- Total Assets: $5.0B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 12,229 | $5.0B | $114.3M | $127.0M |
| 2023 | 12,558 | $4.6B | $109.1M | $120.4M |
| 2022 | 12,144 | $4.2B | $106.5M | $119.2M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | NONE | $1,356,400 | — | $1,356,400 |
| EMPOWER ANNUITY INSURANCE COMPANY | NONE | $519,310 | — | $519,310 |
| ALIGHT | NONE | $131,683 | — | $131,683 |
| DELOITTE & TOUCHE LLP | Auditor | $129,073 | — | $129,073 |
| DELOITTE & TOUCHE | NONE | $129,073 | — | $129,073 |
| PENSION BENEFIT INFORMATION, LLC | NONE | $46,466 | — | $46,466 |
| MERCER | NONE | $16,134 | — | $16,134 |
| QDRO CONSULTANTS COMPANY, LLC | NONE | $8,100 | — | $8,100 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT — NONE
- DELOITTE & TOUCHE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,336,239
- Estimated Expense Ratio: 0.047% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $2,215,422 | $1,374,973 | $133,552 | $129,073 | — |
| 2023 | $2,198,388 | $1,243,769 | $185,646 | $146,826 | — |
| 2022 | $1,936,692 | $1,104,835 | $152,951 | — | $139,587 |