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
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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.

Industry

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 EIN650654331
Plan Effective Date1969-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sealed Air Corporation)

$1.4B$1.5B$1.6B$1.7B 202220232024 $1.44B $1.61B ▲ +11.8%
Total plan assets by year, all Sealed Air Corporation plans on file
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

Sealed Air Corporation 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Sealed Air Corporati…The Bank of America …Honeywell 401(k) PlanDuke Energy Retireme…Truist Financial Cor…Lowes 401(k) Plan
Sealed Air Corporation 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

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:

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.

Frequently Asked Questions

How did Sealed Air Corporation 401(k) and Profit Sharing Plan assets move in 2022?
Sealed Air Corporation 401(k) and Profit Sharing Plan declined sharply - down 20.0% during 2022, from $1.7B to $1.3B. Reported net income was -$331M.
How have Sealed Air Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Sealed Air Corporation's sponsor-wide assets grew 12.0%, from $1.4B to $1.6B.
Where does Sealed Air Corporation 401(k) and Profit Sharing Plan rank by assets among Form 5500 filers?
Sealed Air Corporation 401(k) and Profit Sharing Plan ranks in the 99th percentile by end-of-year assets among 139,258 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Sealed Air Corporation 401(k) and Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Panasonic Retirement Savings and Investment Plan in NJ ($1.3B, 9,468 participants).

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