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: 002
- Total Participants: 6,082
- Total Assets: $1.7B
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 | 6,082 | $1.7B | $0 | $0 |
| 2024 | 4,332 | $1.6B | $38.1M | $46.1M |
| 2023 | 4,286 | $1.4B | $37.4M | $45.3M |
| 2022 | 4,458 | $1.2B | $35.6M | $43.8M |
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 |
|---|---|---|---|---|
| ALIGHT FINANCIAL SOLUTIONS, LLC | Other Service Provider | $788,914 | $10,750 | $799,664 |
| PACKAGING CORPORATION OF AMERICA | Other Service Provider | $358,559 | — | $358,559 |
| STATE STREET BANK & TRUST CO. | Other Service Provider | $80,539 | — | $80,539 |
| NORTHERN TRUST COMPANY | Other Service Provider | $41,708 | — | $41,708 |
| PERSHING LLC | Other Service Provider | — | $19,900 | $19,900 |
| NORTHERN TRUST INVESTMENTS INC | Other Service Provider | $16,143 | — | $16,143 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,316,513
- Estimated Expense Ratio: 0.078% 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 | $167,654,956 | $96,682 | $358,559 | — | — |
| 2024 | $505,303 | $93,415 | $426,493 | — | — |
| 2023 | $1,278,762 | $80,823 | $457,089 | — | — |
| 2022 | $1,294,710 | $470,461 | — | — | $824,249 |