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Employers › New York

Employer · plans filed under one EIN

Finch Paper LLC

Glens Falls, NY · Manufacturing

Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.

$82.4Mnet assets across plans
935participant records630 active
$2.2Memployer contributions, latest plan years$3,518 per active record
$150KSchedule C compensation to organisations$160.09 per participant record

3 retirement plans with 100 or more participants file Form 5500 under Finch Paper LLC's employer identification number (Glens Falls, New York). Their latest filings total 935 participant records and $82.4M in net assets.

The largest is The 401(k) Plan for Hourly Employees of Finch Paper LLC, a 401(k) plan with 461 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.

Employer contributions across the plans were $2.2M and participant contributions $3.0M in the latest plan years; benefits paid were $9.8M. Schedule C compensation reported to service provider organisations totalled $150K.

Combined net assets moved from $31.5M in 2009 to $82.4M in 2024 (up 162%). Plan mergers and spin-offs show up here as steps in the series.

Plans

PlanKindPlan yearParticipantsNet assetsPer participantEmployer / activeSch. C compensation
The 401(k) Plan for Hourly Employees of Finch Paper LLC401(k) plan2024461$28.9M$62,748$1,894$25K
Salaried Retirement Plan of Finch Paper, LLCdefined benefit pension plan2024238$16.5M$69,387$23,958$99K
The 401(k) Plan for Salaried Employees of Finch Paper LLC401(k) plan2024236$37.0M$156,660$3,443$26K
US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244.

Trend by plan year

2009: $31.5M2010: $39.4M2011: $41.3M2012: $46.8M2013: $54.4M2014: $57.4M2015: $55.4M2016: $58.9M2017: $67.2M2018: $61.4M2019: $75.5M2020: $82.6M2021: $88.8M2022: $68.2M2023: $77.0M2024: $82.4M$31.5M$88.8M$82.4M20092012201620202024
Combined net assets
2009: 1,0922010: 1,0582011: 1,2462012: 1,1872013: 1,0852014: 1,1032015: 1,0742016: 1,0522017: 1,0172018: 9952019: 9882020: 9542021: 9462022: 9732023: 9232024: 9351,0921,24693520092012201620202024
Participant records
Plan yearPlansParticipant recordsNet assetsEmployer contributionsParticipant contributions
20243935$82.4M$2.2M$3.0M
20233923$77.0M$1.8M$2.9M
20223973$68.2M$1.7M$2.9M
20213946$88.8M$1.2M$2.6M
20203954$82.6M$2.4M$2.5M
20193988$75.5M$2.9M$2.4M
20183995$61.4M$2.1M$2.3M
201731,017$67.2M$2.4M$2.5M
201631,052$58.9M$2.7M$2.4M
201531,074$55.4M$2.0M$2.2M
201431,103$57.4M$3.9M$1.9M
201331,085$54.4M$3.7M$1.9M
201231,187$46.8M$3.3M$2.0M
201131,246$41.3M$4.0M$2.3M
201031,058$39.4M$3.5M$2.0M
200931,092$31.5M$2.4M$1.8M

History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.

Service providers

OrganisationServices reportedPlansCompensation reported
Milliman, Inc.Actuarial; Recordkeeping and information management; Consulting (pension); Investment advisory (plan)1$74,261
Strategic Advisors, Inc.Investment advisory (plan)2$32,229
CMJ, LLPAccounting (including auditing)3$29,565
Matrix Trust CompanyTrustee (bank, trust company, or similar financial institution)1$13,625
Fidelity Investments InstitutionalParticipant loan processing2$0

Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.

Milliman, Inc.$74K
Strategic Advisors, Inc.$32K
CMJ, LLP$30K
Matrix Trust Company$14K
Fidelity Investments Institutional$0

Questions and answers

How many retirement plans does Finch Paper LLC have?

3 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: The 401(k) Plan for Hourly Employees of Finch Paper LLC, Salaried Retirement Plan of Finch Paper, LLC and The 401(k) Plan for Salaried Employees of Finch Paper LLC. Smaller plans and plans filed under a subsidiary's number are not grouped here.

How much does Finch Paper LLC contribute to its plans?

$2,216,176 in employer contributions across these plans in their latest plan years, about $3,518 per active participant record. Form 5500 reports totals and not the match or accrual formula.

Who provides services to these plans?

Schedule C filings name Milliman, Inc., Strategic Advisors, Inc., CMJ, LLP and Matrix Trust Company and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.

Where does this come from?

Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.

Provenance

Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.