Defined Benefit (Pension) · DOL Form 5500 · 2024

Sealed Air Corporation Pension Plan

Data updated 2026-08-06

$108M
Total assets
649
Participants
91st
Percentile by assets
$166,022
Avg per participant
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Official DOL plan name: Sealed Air Corporation Combined Pension Plan · Sponsored by Sealed Air Corporation · North Carolina · Manufacturing

$108M in assets, 649 participants

Sealed Air Corporation's Sealed Air Corporation Combined Pension Plan reported $108M in total assets and 649 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.

  • 91st percentile by assets (of 116,472 plans)
  • #14,593 in Manufacturing (16,886 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, $108M for 649 participants (~$166,022/participant), down 3.0% in 2024.

$108M
total plan assets (2024 EOY)
649
covered participants
91st
percentile by assets (of 116,472 plans)
$166,022
avg assets per participant

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sealed Air Corporation Combined Pension Plan reported net income fell from -$2M in the plan year 2023 filing to -$4M in the plan year 2024 filing.
  • Sealed Air Corporation Combined Pension Plan reported participants fell from 739 in the plan year 2023 filing to 649 in the plan year 2024 filing.
  • Sealed Air Corporation Combined Pension Plan end-of-year assets fell from $111M in the plan year 2023 filing to $108M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
North Carolina
Industry
Manufacturing

Sealed Air Corporation Combined Pension Plan vs the 2024 asset distribution

By assets, Sealed Air Corporation Combined Pension Plan outranks 91% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.1x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$111M
Net Assets (End of Year)$107M
Net Income-$4M
Employer EIN650654331
Plan Effective Date1998-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sealed Air Corporation)

$1.4B$1.5B$1.6B$1.7B 202220232024 $1.44B $1.61B â–˛ +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 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

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 Corporati…Honeywell Retirement…Truist Financial Cor…Duke Energy Retireme…The Hearst Corporati…Duke Energy Legacy P…
Sealed Air Corporation Combined Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants
Compare Sealed Air Corporation Combined Pension … side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Sealed Air Corporation Combined Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Sealed Air Corporation Combined Pension Plan assets move in 2024? ▼
Sealed Air Corporation Combined Pension Plan edged down modestly - down 3.0% during 2024, from $111M to $108M. Reported net income was -$4M.
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 91st percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (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 Teamsters Local 408 Pension Plan in NJ ($108M, 183 participants).

Next read for Sealed Air Corporation Combined Pension …

Scale reading

Ways to act on Sealed Air Corporation Combined Pension Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.