# Sappi North America, INC. 401(k) Plan
Source: https://planprovider.pro/companies/sappi-north-america-inc-401k-plan-005

> Sappi North America, INC.'s 401(k) plan: 749 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Sappi North America, INC.

- **Sponsor EIN:** 232366983

- **Sponsor Address:** 255 STATE STREET, 4TH FLOOR, BOSTON, MA, 02109

- **Plan Type:** 401(k)

- **Total Participants:** 749

- **Total Assets:** $376.8M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **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|749|$376.8M|$6.1M|$10.4M|

| 2023|772|$348.2M|$5.8M|$9.9M|

| 2022|740|$305.4M|$5.6M|$9.5M|

## 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|

| THE VANGUARD GROUP, INC.|NONE|$78,476|—|$78,476|

| NEPC, LLC|NONE|$37,490|—|$37,490|

| CARON & BLETZER PLLC|NONE|$19,800|—|$19,800|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [THE VANGUARD GROUP, INC.](https://planprovider.pro/provider/the-vanguard-group-inc) — NONE

- [NEPC, LLC](https://planprovider.pro/provider/milliman) — NONE

- [CARON & BLETZER PLLC](https://planprovider.pro/provider/caron-bletzer) — NONE

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $135,766

- **Estimated Expense Ratio:** 0.036% 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|$132,366|—|—|—|—|

| 2023|$136,929|—|—|—|—|

| 2022|$155,906|—|—|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/sappi-north-america-inc-401k-plan-005)

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