Plan Ledger DOL Form 5500 · updated monthly

International Paper Company401(k) + ESOP (KSOP)

INTERNATIONAL PAPER COMPANY SALARIED SAVINGS PLAN · MEMPHIS, TN · plan year 2024

Reported admin expense ratio · 2024
0.05%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

International Paper Company reported $2,215,422 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $9,350 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.04% to 0.05%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other manufacturing employers. By assets it is the 4th-largest of 1,496 plans among Tennessee employers on file, and the 74th of 13,661 in manufacturing. In 2024, employees put in $1.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,993,469,892
Participants with balances19,924
Active participants12,229
Employer contributions$114,339,004
Employee contributions$126,963,139
Employer contribution per active participant$9,350
Average account balance$250,626
Benefits paid to participants$528,996,479
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.0B · 19,924 accts · $114.3M emplr
2023$4.6B · 20,595 accts · $109.1M emplr
2022$4.2B · 21,165 accts · $106.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$652,862
Investment management$1,374,973
Audit (IQPA)$129,073
Total administrative$2,215,422
The International Paper Company 401(k) match · 2024
Employer contribution per active participant$9,350
Median for plans this size$5,259
2024$9,350 per active participant
2023$8,684 per active participant
2022$8,766 per active participant

International Paper Company's 2024 employer contribution ran above the $5,259 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 202410
EMPOWER ANNUITY INSURANCE COMPANY · Recordkeeping · Loan processing$519,310
PENSION BENEFIT INFORMATION, LLC · Recordkeeping$46,466
EMPOWER ADVISORY GROUP, LLC · Investment advisory (participants)$1,356,400
ALIGHT · Contract administrator$131,683
DELOITTE & TOUCHE · Accounting / audit$129,073
MERCER · Consulting$16,134
QDRO CONSULTANTS COMPANY, LLC · Consulting$8,100
EM PRINTING$2,581
CURCIO WEBB · Consulting$2,439
WILLIS TOWERS WATSON · Contract administrator$1,870

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Empower, PENSION BENEFIT INFORMATION, LLC
2023Empower, PENSION BENEFIT INFORMATION, LLC

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$2,215,422 · 0.05%
2023$2,198,388 · 0.05%
2022$1,936,692 · 0.04%
All plans at this employer2
INTERNATIONAL PAPER COMPANY SALARIED SAVINGS PLAN401(k) + ESOP (KSOP)
INTERNATIONAL PAPER COMPANY HOURLY SAVINGS PLAN401(k) + ESOP (KSOP)
Same employer
Similar plansManufacturing · Tennessee
Applied Materials, Inc. CA$6.2B · 0.04%
Fca US LLC MI$5.2B · 0.02%
General Mills, Inc. MN$5.0B · 0.10%
Westrock Company GA$5.0B · 0.07%
Georgia-Pacific LLC GA$4.7B · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 130872805 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.