401(k) · DOL Form 5500 · 2023
Sealed Air Corporation 401(k) Plan
Data updated 2026-08-06
- $1.5B
- Total assets
- 7,372
- Participants
- 99th
- Percentile by assets
- $197,185
- Avg per participant
Official DOL plan name: Sealed Air Corporation 401(k) and Profit Sharing Plan · Sponsored by Sealed Air Corporation · North Carolina · Manufacturing
$1.5B in assets, 7,372 participants
Sealed Air Corporation's Sealed Air Corporation 401(k) and Profit Sharing Plan reported $1.5B in total assets and 7,372 participants in its 2023 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 126,618 plans)
- #18,334 in Manufacturing (18,672 peers)
Coverage in North Carolina
Sealed Air Corporation 401(k) and Profit Sharing Plan covers 7,372 participants in North Carolina, 8.7x the typical North Carolina plan (state average ~846 per filing). Assets: $1.5B.
- $1.5B
- total plan assets (2023 EOY)
- 7,372
- covered participants
- 99th
- percentile by assets (of 126,618 plans)
- $197,185
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Sealed Air Corporation 401(k) and Profit Sharing Plan reported net income rose from -$331M in the plan year 2022 filing to $73M in the plan year 2023 filing.
- Sealed Air Corporation 401(k) and Profit Sharing Plan end-of-year assets rose from $1.3B in the plan year 2022 filing to $1.5B in the plan year 2023 filing.
- Sealed Air Corporation 401(k) and Profit Sharing Plan reported participants fell from 7,542 in the plan year 2022 filing to 7,372 in the plan year 2023 filing.
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 7,372 participants - 8.7x that state average ($1.5B EOY assets).
North Carolina filing particulars
| Total Assets (Beginning of Year) | $1.3B |
|---|---|
| Net Assets (End of Year) | $1.5B |
| Net Income | $73M |
| 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 $54.8B · 173,899
- Honeywell 401(k) Plan $15.4B · 40,004
- Duke Energy Retirement Savings Plan $10.4B · 28,121
- Truist Financial Corporation 401(k) Savings Plan $10.1B · 55,480
- Nucor Corporation Profit Sharing and Retirement Savings Plan $8.5B · 24,174
Scale composition for Sealed Air Corporation 401(k) and Profit Sharing Plan
Sealed Air Corporation 401(k) and Profit Sharing Plan reports $1.5B in end-of-year assets across 7,372 participants (0.012% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.008% of 89,805,449 covered participants) - about $197,185 per participant (1.4x the national average assets-per-participant) . Net income for plan year 2023 was $73M.
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 | Open filing |
| 2023 | 7,372 | $1.5B | This page |
| 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.
- Swiss Re Group U.S. Employees' Savings Plan (NY) $1.5B · 2,575
- Ss&c Technologies, Inc. 401(k) Retirement Savings Plan (CT) $1.5B · 11,132
- Blue Cross and Blue Shield of Florida, Inc. 401(k) Retirement Savings Plan (FL) $1.5B · 8,600
- The Nielsen Company 401(k) Savings Plan (NY) $1.5B · 6,644
Frequently Asked Questions
How did Sealed Air Corporation 401(k) and Profit Sharing Plan assets move in 2023? ▼
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