Plan Snapshot
- Plan Sponsor: International Paper Company
- Sponsor EIN: 130872805
- Sponsor Address: 6400 POPLAR AVE, MEMPHIS, TN, 38197
- Plan Type: 401(k)
- Total Participants: 19,680
- Total Assets: $1.8B
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 | 19,680 | $1.8B | $35.7M | $100.1M |
| 2023 | 20,871 | $1.7B | $34.1M | $91.7M |
| 2022 | 20,512 | $1.5B | $32.6M | $92.0M |
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 ANNUITY INSURANCE COMPANY | NONE | $622,664 | — | $622,664 |
| EMPOWER ADVISORY GROUP, LLC | NONE | $599,130 | — | $599,130 |
| ALIGHT | NONE | $42,445 | — | $42,445 |
| DELOITTE & TOUCHE | NONE | $41,604 | — | $41,604 |
| DELOITTE & TOUCHE LLP | Auditor | $41,604 | — | $41,604 |
| PENSION BENEFIT INFORMATION, LLC | NONE | $14,977 | — | $14,977 |
| MERCER | NONE | $5,200 | — | $5,200 |
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: $1,367,624
- Estimated Expense Ratio: 0.076% 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 | $1,332,882 | $605,117 | $43,047 | $41,604 | — |
| 2023 | $1,329,991 | $529,536 | $68,387 | $53,174 | — |
| 2022 | $870,946 | $466,183 | $56,426 | — | $53,806 |