401(k) · DOL Form 5500 · 2022
Sealed Air Corporation 401(k) Plan
Data updated 2026-08-25
- $1.3B
- Total assets Very large vs avg
- 7,542
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $175,967
- Avg per participant Above avg balance/head
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.
- #20,275 in Manufacturing (20,602 peers)
Coverage in North Carolina
Sealed Air Corporation 401(k) and Profit Sharing Plan covers 7,542 participants in North Carolina, 9.2x the typical North Carolina plan (state average ~819 per filing). Assets: $1.3B.
- #20,275
- in Manufacturing (20,602 peers)
- -20.0%
- assets change YoY
- 13×
- vs typical plan assets (national mean)
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.
Sealed Air Corporation 401(k) and Profit Sharing Plan's outsized position by total assets
Sealed Air Corporation 401(k) and Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$1,327,143,547 Top 1% higher than 99% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Sealed Air Corporation 401(k) and Profit Sharing Plan's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sealed Air Corporation 401(k) and Profit Sharing Plan lands in the large band (7,542 participants).
Plan-year Form 5500 strip
Filing strip 650654331 · Sealed Air Corporation PY 2022 · 401(k)
Sealed Air Corporation 401(k) and Profit Sharing Plan · $1.3B · 7,542 · 99th
- EBSA $1.3B
- PART 7,542
- TYPE 99th
- NET 401(k)
- BOOK near Panasonic Retirement Savings and Investment Plan
- VS-ST ind #20275
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in North Carolina →
Sealed Air Corporation 401(k) and Profit Sharing Plan in the asset neighbourhood
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)
Sponsor-wide plan assets over time
All Sealed Air Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.6B 11.950858017669326% vs 2022
- 2024 filing year
| 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.
- 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 $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 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)
Sealed Air Corporation 401(k) and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount
Outside North Carolina, the nearest 401(k) by assets is Panasonic Retirement Savings and Investment Plan in NJ ($1.3B); by covered participants it is Chickasaw Nation Governmental Enterprises 401(k) Plan in OK (7,537 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.3B here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (7,542 participants); asset peers above are excluded.
- Chickasaw Nation Governmental Enterprises 401(k) Plan (OK) 7,537 · 5 off
- Staffing Partners Holdings 401(k) Plan (CA) 7,530 · 12 off
- Deutsche Bank Matched Savings Plan (NY) 7,557 · 15 off
- Spirit Aerosystems Holdings, Inc. Retirement & Savings Plan (KS) 7,558 · 16 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.