401(k) · DOL Form 5500 · 2023

Sealed Air Corporation 401(k) Plan

Data updated 2026-08-25

$1.5B
Total assets Very large vs avg
7,372
Participants Very large workforce
99th
Percentile by assets National rank
$197,185
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

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.

  • #18,384 in Manufacturing (18,722 peers)

Coverage in North Carolina

Sealed Air Corporation 401(k) and Profit Sharing Plan covers 7,372 participants in North Carolina, 9.0x the typical North Carolina plan (state average ~819 per filing). Assets: $1.5B.

#18,384
in Manufacturing (18,722 peers)
+9.5%
assets growth YoY
15×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$1,453,645,852 Top 1% higher than 99% 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 401(k) and Profit Sharing Plan's large-plan peer group by participant headcount

Plan-year 2023 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 (7,372 participants).

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.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 650654331 · Sealed Air Corporation PY 2023 · 401(k)

Sealed Air Corporation 401(k) and Profit Sharing Plan · $1.5B · 7,372 · 99th

  • ASSETS $1.5B
  • PCT 7,372
  • EIN 99th
  • RANK 401(k)
  • PHOTO near Swiss Re Group U.S. Employees' Savings Plan
  • IND ind #18384

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

Blue Cross and Blue Shield of Florida, Inc. 401(k) Retirement Savings PlanBlue Cross and Blue Shield o…$1.5BThe Nielsen Company 401(k) Savings PlanThe Nielsen Company 401(k) S…$1.5BSealed Air Corporation 401(k) and Profit Sharing PlanSealed Air Corporation 401(k…$1.5BSwiss Re Group U.S. Employees' Savings PlanSwiss Re Group U.S. Employee…$1.5BSs&c Technologies, Inc. 401(k) Retirement Savings PlanSs&c Technologies, Inc. 401(…$1.5B
End-of-year total assets ($B) among Sealed Air Corporation 401(k) and Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$1.3B
Net Assets (End of Year)$1.5B
Net Income$73M
Employer EIN650654331
Plan Effective Date1969-01-01
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 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 Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Sealed Air Corporation 401(k) and Profit Sharing Plan, Total assets ($B): 1.453645852 · Participants: 7372Sealed Air Corporation 401(k) and Profit Sharing PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Sealed Air Corporation 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Sealed Air Corporation 401(k) and Profit Sharing Plan side-by-side with 3 peers →

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 $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 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's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Swiss Re Group U.S. Employees' Savings Plan in NY ($1.5B); by covered participants it is Winnebago Industries, Inc. Profit Sharing and Deferred Savings and Investment Plan in MN (7,370 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (7,372 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 401(k) and Profit Sharing Plan assets move in 2023? ▼
Sealed Air Corporation 401(k) and Profit Sharing Plan grew at a solid clip - up 9.5% during 2023, from $1.3B to $1.5B. Reported net income was $73M.
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 127,072 plans that reported assets for plan year 2023 (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 Swiss Re Group U.S. Employees' Savings Plan in NY ($1.5B, 2,575 participants).
Which 401(k) plans cover a similar participant headcount to Sealed Air Corporation 401(k) and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Winnebago Industries, Inc. Profit Sharing and Deferred Savings and Investment Plan in MN (7,370 participants, $334M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 650654331.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.