Defined Benefit (Pension) · DOL Form 5500 · 2023

Sealed Air Corporation Pension Plan

Data updated 2026-08-25

$111M
Total assets Near avg plan size
739
Participants Near avg headcount
92nd
Percentile by assets National rank
$150,332
Avg per participant Above avg balance/head
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Official DOL plan name: Sealed Air Corporation Combined Pension Plan · Sponsored by Sealed Air Corporation · North Carolina · Manufacturing

$111M in assets, 739 participants

Sealed Air Corporation's Sealed Air Corporation Combined Pension Plan reported $111M in total assets and 739 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • #16,428 in Manufacturing (18,722 peers)

Where Sealed Air Corporation Combined Pension Plan sits by assets

Sealed Air Corporation Combined Pension Plan sits in the top 10% of all filed plans by assets, $111M for 739 participants (~$150,332/participant), down 2.1% in 2023.

#16,428
in Manufacturing (18,722 peers)
-2.1%
assets change YoY
1.1×
vs typical plan assets (national mean)

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sealed Air Corporation Combined Pension Plan's outsized position by total assets

Sealed Air Corporation Combined Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$111,095,610 Top 8% higher than 92% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Sealed Air Corporation Combined Pension Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sealed Air Corporation Combined Pension Plan sits mid-pack in the medium band (739 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sealed Air Corporation Combined Pension Plan reported net income rose from -$35M in the plan year 2022 filing to -$2M in the plan year 2023 filing.
  • Sealed Air Corporation Combined Pension Plan reported participants fell from 792 in the plan year 2022 filing to 739 in the plan year 2023 filing.
  • Sealed Air Corporation Combined Pension Plan end-of-year assets fell from $114M in the plan year 2022 filing to $111M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 650654331 · Sealed Air Corporation PY 2023 · Defined Benefit (Pension)

Sealed Air Corporation Combined Pension Plan · $111M · 739 · 92nd

  • IND $111M
  • IND 739
  • IND 92nd
  • IND Defined Benefit (Pension)
  • IND near Grange Holdings, Inc. Retirement Income Plan
  • IND ind #16428

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 Combined Pension Plan in the asset neighbourhood

National Cargo Bureau, Inc. Pension PlanNational Cargo Bureau, Inc. …$111MThiele Kaolin Company Retirement PlanThiele Kaolin Company Retire…$111MSealed Air Corporation Combined Pension PlanSealed Air Corporation Combi…$111MGrange Holdings, Inc. Retirement Income PlanGrange Holdings, Inc. Retire…$111MRetiree Pension Plan$111M
End-of-year total assets ($M) among Sealed Air Corporation Combined Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$114M
Net Assets (End of Year)$111M
Net Income-$2M
Employer EIN650654331
Plan Effective Date1998-04-01
Filing StatusFILING 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
$1.4B$1.5B$1.6B$1.7B 202220232024 $1.44B $1.61B ▲ +11.8%
Year Plans Participants Total Assets
2022 2 8,334 $1.4B
2023 2 8,111 $1.6B
2024 2 7,973 $1.6B

Nearby Defined Benefit (Pension) Plans in North Carolina

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Sealed Air Corporation Combined Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -505101520 Total assets ($B) Participants Sealed Air Corporation Combined Pension Plan, Total assets ($B): 0.11109561 · Participants: 739Sealed Air Corporation Combined Pension PlanHoneywell Retirement Earnings Plan, Total assets ($B): 16.613752395 · Participants: 11145Honeywell Retirement Earnings PlanTruist Financial Corporation Pension Plan, Total assets ($B): 14.582387965 · Participants: 45818Truist Financial Corporation Pension PlanDuke Energy Retirement Cash Balance Plan, Total assets ($B): 4.0264 · Participants: 14485Duke Energy Retirement Cash Balance PlanDuke Energy Legacy Pension Plan, Total assets ($B): 3.3721 · Participants: 371Duke Energy Legacy Pension PlanEmployees' Retirement Plan of Duke University, Total assets ($B): 2.616859519 · Participants: 21020Employees' Retirement Plan of Duke University
Sealed Air Corporation Combined Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants

Sealed Air Corporation Combined Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside North Carolina, the nearest Defined Benefit (Pension) by assets is Grange Holdings, Inc. Retirement Income Plan in OH ($111M); by covered participants it is General Building Laborers' Local 66 Pension Fund in NY (739 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($111M here).

Similar participant headcount

Nearest other-state filings by covered participants (739 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Sealed Air Corporation Combined Pension Plan assets move in 2023?
Sealed Air Corporation Combined Pension Plan edged down modestly - down 2.1% during 2023, from $114M to $111M. Reported net income was -$2M.
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 Combined Pension Plan rank by assets among Form 5500 filers?
Sealed Air Corporation Combined Pension Plan ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Sealed Air Corporation Combined Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Grange Holdings, Inc. Retirement Income Plan in OH ($111M, 279 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sealed Air Corporation Combined Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is General Building Laborers' Local 66 Pension Fund in NY (739 participants, $208M in assets).