401(k) · DOL Form 5500 · 2022
Sealed Air Corporation 401(k) Plan
Data updated 2026-08-06
- $1.3B
- Total assets
- 7,542
- Participants
- 99th
- Percentile by assets
- $175,967
- Avg per participant
Official DOL plan name: Sealed Air Corporation 401(k) and Profit Sharing Plan · Sponsored by Sealed Air Corporation · North Carolina · Manufacturing
$1.3B in assets, 7,542 participants
Sealed Air Corporation's Sealed Air Corporation 401(k) and Profit Sharing Plan reported $1.3B in total assets and 7,542 participants in its 2022 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 99th percentile by assets (of 139,258 plans)
- #20,302 in Manufacturing (20,629 peers)
Coverage in North Carolina
Sealed Air Corporation 401(k) and Profit Sharing Plan covers 7,542 participants in North Carolina, 8.9x the typical North Carolina plan (state average ~846 per filing). Assets: $1.3B.
- $1.3B
- total plan assets (2022 EOY)
- 7,542
- covered participants
- 99th
- percentile by assets (of 139,258 plans)
- $175,967
- avg assets per participant
The plan reported a net loss of $331M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs North Carolina filers
In North Carolina, the average filing covers about 846 participants across 3,325 plans. Sealed Air Corporation 401(k) and Profit Sharing Plan reports 7,542 participants - 8.9x that state average ($1.3B EOY assets).
North Carolina filing particulars
| Total Assets (Beginning of Year) | $1.7B |
|---|---|
| Net Assets (End of Year) | $1.3B |
| Net Income | -$331M |
| Employer EIN | 650654331 |
| Plan Effective Date | 1969-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sealed Air Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 8,334 | $1.4B |
| 2023 | 2 | 8,111 | $1.6B |
| 2024 | 2 | 7,973 | $1.6B |
Nearby 401(k) Plans in North Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Sealed Air Corporation 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
- The Bank of America 401(k) Plan $47.1B · 169,036
- Honeywell 401(k) Plan $14.6B · 39,007
- Duke Energy Retirement Savings Plan $9.4B · 27,731
- Truist Financial Corporation 401(k) Savings Plan $9.0B · 51,871
- Lowes 401(k) Plan $7.4B · 284,864
Scale composition for Sealed Air Corporation 401(k) and Profit Sharing Plan
Sealed Air Corporation 401(k) and Profit Sharing Plan reports $1.3B in end-of-year assets across 7,542 participants (0.011% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.008% of 89,805,449 covered participants) - about $175,967 per participant (1.3x the national average assets-per-participant) . Net income for plan year 2022 was -$331M.
This plan identity (EIN 650654331, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.3B to $1.5B (+13.4%) while covered participants moved from 7,542 to 7,324 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 7,542 | $1.3B | This page |
| 2023 | 7,372 | $1.5B | Open filing |
| 2024 · index core | 7,324 | $1.5B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Sealed Air Corporation 401(k) and Profit Sharing Plan (401(k), $1.5B, 7,324 participants)
- Sealed Air Corporation Combined Pension Plan (Defined Benefit (Pension), $108M, 649 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Sealed Air Corporation 401(k) and Profit Sharing Plan by total assets, not by location.
- Panasonic Retirement Savings and Investment Plan (NJ) $1.3B · 9,468
- Holland and Knight Profit Sharing Plan & Trust (FL) $1.3B · 2,800
- The Toro Company Retirement Plan (MN) $1.3B · 6,954
- Mdu Resources Group, Inc. 401(k) Retirement Plan (ND) $1.3B · 8,525
Frequently Asked Questions
How did Sealed Air Corporation 401(k) and Profit Sharing Plan assets move in 2022? ▼
How have Sealed Air Corporation plan assets changed over time? ▼
Where does Sealed Air Corporation 401(k) and Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Sealed Air Corporation 401(k) and Profit Sharing Plan? ▼
Next read for Sealed Air Corporation 401(k) and Profit…
Filing takeaways
Ways to act on Sealed Air Corporation 401(k) and Profit Sharing Plan's numbers.
- By total assets, Sealed Air Corporation 401(k) and Profit Sharing Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in North Carolina. Compare plans
- Sealed Air Corporation's sponsor-wide assets have grown 12.0% since 2022 across 3 plan years on file. More Manufacturing plans