DFX Intelligence

Allocator Intelligence

The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.

Corporate pension

Sappi North America, Inc. Retirement Plan for Salaried Employees

Corporate pensionBoston, MA
Assets
$85.4M
Total assets, Dec 31, 2024 reported
Funded
113.4%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
22
2 managers on Schedule C
Plan sponsor: Sappi North America, Inc.
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 0.3%
  • Non-interest-bearing cash 0.0%
  • Common/collective trusts 99.5%
  • Registered investment companies 0.1%
Consultants and advisers
5 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
5 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
22 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024EB Dv High Quality Long Corp Bondcollective trustBNY MellonFixed income$12.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 20243-10 Year U.S. Treasury Indx Nl Fdcollective trustState Street - Russell 2000Fixed income$6.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024RUS Sm Cap Comp Indx Nl Fund(cmd4)collective trustState Street - Russell 2000Pooled vehicles$1.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Silchester Int'l Value Equity Trustcollective trustSilchester International InvestorPublic equity$2.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Ssga Long US Treasury Index Nl Fundcollective trustState Street - Russell 2000Fixed income$6.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024S&p 500 Flagship Nl Fundcollective trustState Street - Russell 2000Pooled vehicles$5.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Ir&m Intermediate Credit Fund LLCcollective trustIncome ResearchPrivate credit$18.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Loomis Sayles Core Disc. Alpha Fundcollective trustLoomis SaylesPooled vehicles$13.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023EB Dv High Quality Long Corp Bondcollective trustBNY MellonFixed income$26.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 20233-10 Year U.S. Treasury Indx Nl Fdcollective trustState Street - Russell 2000Fixed income$6.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023RUS Sm Cap Comp Indx Nl Fund(cmd4)collective trustState Street - Russell 2000Pooled vehicles$1.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Silchester Int'l Value Equity Trustcollective trustSilchester International InvestorPublic equity$2.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Ssga Long US Treasury Index Nl Fundcollective trustState Street - Russell 2000Fixed income$7.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023S&p 500 Flagship Nl Fundcollective trustState Street - Russell 2000Pooled vehicles$5.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Ir&m Intermediate Credit Fund LLCcollective trustIncome ResearchPrivate credit$34.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022EB Dv High Quality Long Corp Bondcollective trustBNY MellonFixed income$20.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022IR & M Long Govt Credit Fundcollective trustIr&m Long Gov't Credit Fund LLCPrivate credit$18.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022RUS Sm Cap Comp Indx Nl Fund(cmd4)collective trustState Street - Russell 2000Pooled vehicles$900,611 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Silchester Int'l Value Equity Trustcollective trustSilchester International InvestorPublic equity$2.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Mondrian Em Small Cap Equity Fundcollective trustMondrianPublic equity$1.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022S&p 500 Flagship Nl Fundcollective trustState Street - Russell 2000Pooled vehicles$4.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Ir&m Intermediate Credit Fund LLCcollective trustIncome ResearchPrivate credit$28.7M heldDisclosed holdingaskebsa.dol.gov
Size and funding
30 readings
Total assets
$85.4M Dec 31, 2024 reported Form 5500
$85.4M (2023-12) · $79.0M (2022-12)
Plan assets
$85.3M Jan 1, 2024 reported Form 5500
$78.9M (2023-01) · $97.7M (2022-01)
Net assets
$85.4M Dec 31, 2024 reported Form 5500
$85.3M (2023-12) · $78.9M (2022-12)
Funded ratio
113.4% Jan 1, 2024 reported Form 5500
114.0% (2023-01) · 136.3% (2022-01)
Funding target
$55.7M Jan 1, 2024 reported Form 5500
$54.1M (2023-01) · $50.9M (2022-01)
Discount rate
5.11% Jan 1, 2024 reported Form 5500
5.25% (2023-01) · 5.43% (2022-01)
Participants
587 Jan 1, 2024 reported Form 5500
572 (2023-01) · 1,711 (2022-01)
Contributions
$0 Dec 31, 2024 reported Form 5500
$0 (2023-12) · $0 (2022-12)
Benefits paid
$1.7M Dec 31, 2024 reported Form 5500
$1.4M (2023-12) · $1.0M (2022-12)
Net investment income
$19,164 Dec 31, 2024 reported Form 5500
$6.5M (2023-12) · $-18.8M (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 2024587$85.3M$55.7M113.4%$85.4M$0n/an/a
2023 to Dec 31, 2023572$78.9M$54.1M114.0%$85.4M$0n/an/a
2022 to Dec 31, 20221,711$97.7M$50.9M136.3%$79.0M$0n/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
11 events
  • Dec 31, 2024Holding started
    Sappi North America, Inc. Retirement Plan for Salaried Employees first reports an interest in Loomis Sayles Core Disc. Alpha Fund (Loomis Sayles): $14M at 2024-12-31
    with Loomis Saylesaskebsa.dol.gov
  • Dec 31, 2024Consultant changedinference
    State Street Global Advisors appears on Sappi North America, Inc. Retirement Plan for Salaried Employees's Schedule C as investment adviser (plan) (plan year 2024 vs 2023)
    with State Street Global Advisorsaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Wellington Management appears on Sappi North America, Inc. Retirement Plan for Salaried Employees's Schedule C as investment manager (plan year 2024 vs 2023)
    with Welling Management Co LLCaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Loomis Sayles Trust Company appears on Sappi North America, Inc. Retirement Plan for Salaried Employees's Schedule C as investment manager (plan year 2024 vs 2023)
    with Loomis Sayles High Yield Fundaskebsa.dol.gov
  • Dec 31, 2023Holding started
    Sappi North America, Inc. Retirement Plan for Salaried Employees first reports an interest in Ssga Long US Treasury Index Nl Fund (State Street - Russell 2000): $7M at 2023-12-31
    with State Street - Russell 2000askebsa.dol.gov
  • Dec 31, 2023Holding endedinference
    Sappi North America, Inc. Retirement Plan for Salaried Employees no longer reports Mondrian Em Small Cap Equity Fund (last held $1M at 2022-12-31; absent from the 2023-12-31 filing)
    with Mondrian Em Small Cap Equity Fundaskebsa.dol.gov
  • Dec 31, 2023Holding endedinference
    Sappi North America, Inc. Retirement Plan for Salaried Employees no longer reports IR & M Long Govt Credit Fund (Ir&m Long Gov't Credit Fund LLC) (last held $19M at 2022-12-31; absent from the 2023-12-31 filing)
    with Ir&m Long Gov't Credit Fund LLCaskebsa.dol.gov
  • Dec 31, 2023Holding started
    Sappi North America, Inc. Retirement Plan for Salaried Employees first reports an interest in 3-10 Year U.S. Treasury Indx Nl Fd (State Street - Russell 2000): $6M at 2023-12-31
    with State Street - Russell 2000askebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Mondrian Investment Group no longer appears on Sappi North America, Inc. Retirement Plan for Salaried Employees's Schedule C as investment manager (plan year 2023 vs 2022)
    with Mondrian Investment Group Inc.askebsa.dol.gov
  • Jan 1, 2023Funded status changed
    Sappi North America, Inc. Retirement Plan for Salaried Employees funded ratio 136.2% -> 114.0% (2022-01-01 to 2023-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Assets changed
    Sappi North America, Inc. Retirement Plan for Salaried Employees plan assets $98M -> $79M (-19.2%, 2022-01-01 to 2023-01-01)
    askebsa.dol.gov
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 232366983-037
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 15, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.