Plan Snapshot
- Plan Sponsor: Packaging Corporation Of America
- Sponsor EIN: 364277050
- Sponsor Address: 1 NORTH FIELD COURT, LAKE FOREST, IL, 60045
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 15,621
- Total Assets: $1.5B
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 15,621 | $1.5B | $0 | $0 |
| 2024 | 11,794 | $1.3B | $58.0M | $57.2M |
| 2023 | 10,556 | $1.1B | $51.2M | $51.3M |
| 2022 | 10,792 | $976.0M | $49.7M | $52.0M |
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 |
|---|---|---|---|---|
| PACKAGING CORPORATION OF AMERICA | Other Service Provider | $661,517 | — | $661,517 |
| ALIGHT FINANCIAL SOLUTIONS, LLC | Other Service Provider | $658,935 | $142 | $659,077 |
| NORTHERN TRUST COMPANY | Other Service Provider | $171,353 | — | $171,353 |
| STATE STREET BANK & TRUST CO. | Other Service Provider | $115,861 | — | $115,861 |
| PERSHING LLC | Other Service Provider | — | $48,857 | $48,857 |
| NORTHERN TRUST INVESTMENTS INC | Other Service Provider | $11,606 | — | $11,606 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,668,271
- Estimated Expense Ratio: 0.111% 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 |
|---|---|---|---|---|---|
| 2025 | $135,550,941 | $127,467 | $661,517 | — | — |
| 2024 | $1,658,433 | $115,011 | $740,646 | — | — |
| 2023 | $2,141,530 | $97,234 | $840,715 | — | — |
| 2022 | $1,578,154 | $789,263 | — | — | $788,891 |