Packaging Corporation of America 401(k) match, vesting and fees

Plan year 2025 filingPackaging Corporation of America Thrift Plan for Hourly Employees · Plan 001 · EIN 36-4277050Updated Oct 2026

What Packaging Corporation of America's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2025 filing reports $60.4M in employer contributions, about $4,138 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2025 Form 5500 ↗
$102,957
Average account balance
15,621
Participants (end of year)
$1.5B
Plan assets (end of year)
0.12%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperAlight Financial Solutions, LLCSchedule C ↗
Independent auditorGrant Thornton LLP (unmodified opinion)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2025 medians for 65 defined-contribution plans in manufacturing with 10,000 to 49,999 participants.

Packaging Corporation of America: employer contribution per participant$4,138
Peer median$3,789
Packaging Corporation of America: average balance$102,957
Peer median$192,757
Packaging Corporation of America: admin expenses ÷ assets0.12%
Peer median0.04%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $1.2B at the end of plan year 2021 to $1.5B at the end of plan year 2025.

$1.2B2021$975M2022$1.1B2023$1.3B2024$1.5B2025
End-of-year figures from each plan year's Form 5500 filing for the Packaging Corporation of America plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
202515,621$1.5B$60.4M$4,1380.12%Not publishedForm 5500 ↗
202415,028$1.3B$58M$3,8930.14%Not publishedForm 5500 ↗
202313,634$1.1B$51.2M$3,7810.20%Not publishedForm 5500 ↗
202213,635$975M$49.7M$3,6850.15%Not publishedForm 5500 ↗
202113,415$1.2B$46.7M$3,6050.16%Not publishedForm 5500 ↗

Other Packaging Corporation of America plans (7)

Each plan files its own Form 5500. Figures are from each plan's latest filing.

Packaging Corporation of America Retirement Savings Plan for Salaried Employees

Plan 002 · EIN 36-4277050 · plan year 2025 filing
$296,272
Average account balance
6,082
Participants (end of year)
$1.7B
Plan assets (end of year)
0.08%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

Independent auditorGrant Thornton LLP (unmodified opinion)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

Packaging Corporation of America Hourly Pension Plan

Plan 003 · EIN 36-4277050 · plan year 2024 filing
$47,288
Average account balance
7,436
Participants (end of year)
$352M
Plan assets (end of year)
0.22%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

Independent auditorGrant Thornton LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · ActiveForm 5500 ↗

Boise Paper Holdings, L.L.C. Consolidated Pension Plan

Plan 011 · EIN 36-4277050 · plan year 2024 filing
$109,880
Average account balance
4,523
Participants (end of year)
$497M
Plan assets (end of year)
0.10%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

Independent auditorGrant Thornton LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · ActiveForm 5500 ↗

Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees

Plan 004 · EIN 36-4277050 · plan year 2024 filing
$211,441
Average account balance
1,347
Participants (end of year)
$285M
Plan assets (end of year)
0.05%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

Independent auditorGrant Thornton LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · ActiveForm 5500 ↗

Boise Paper Holdings, L.L.C. Pension Plan for Salaried Employees

Plan 010 · EIN 36-4277050 · plan year 2022 filing · terminated
—
Average account balance
0
Participants (end of year)
$0
Plan assets (end of year)
0.00%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

Independent auditorMiller Cooper & Co. (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · Terminated (final filing)Form 5500 ↗

Boise Paper Holdings L.L.C. Pension Plan P

Plan 012 · EIN 36-4277050 · plan year 2022 filing · terminated
—
Average account balance
0
Participants (end of year)
$0
Plan assets (end of year)
0.00%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

Independent auditorMiller Cooper & Co. (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · Terminated (final filing)Form 5500 ↗

Boise Paper Holdings L.L.C. International Falls Pension Plan

Plan 013 · EIN 36-4277050 · plan year 2022 filing · terminated
—
Average account balance
0
Participants (end of year)
$0
Plan assets (end of year)
0.00%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

Independent auditorMiller Cooper & Co. (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · Terminated (final filing)Form 5500 ↗

Common questions

Does Packaging Corporation of America match 401(k) contributions?

The match terms for the Packaging Corporation of America Thrift Plan for Hourly Employees have not been published from its filing yet. The plan year 2025 filing reports $60.4M in employer contributions, about $4,138 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Packaging Corporation of America 401(k) match vested?

The vesting schedule for the Packaging Corporation of America Thrift Plan for Hourly Employees is not in the data published so far. Your Summary Plan Description states it.

Who manages the Packaging Corporation of America 401(k)?

The recordkeeper listed on Schedule C of the plan year 2025 filing is Alight Financial Solutions, LLC. The plan administrator is Kelly L. Johnson Mgr, Health & Welfare and Retirement Plans.

I left Packaging Corporation of America. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Kelly L. Johnson Mgr, Health & Welfare and Retirement Plans, (847) 482-2306) or the recordkeeper, Alight Financial Solutions, LLC. The Packaging Corporation of America old 401(k) page lists the contacts from every plan filing. Find an old Packaging Corporation of America 401(k)

Data from the public Form 5500 annual reports Packaging Corporation of America filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Packaging Corporation of America. Not financial advice. Report a correction · Methodology