401(k) · DOL Form 5500 · 2024

Sealed Air Corporation 401(k) Plan

Data updated 2026-08-25

$1.5B
Total assets Very large vs avg
7,324
Participants Very large workforce
99th
Percentile by assets National rank
$205,499
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, 7,324 participants

Sealed Air Corporation's Sealed Air Corporation 401(k) and Profit Sharing Plan reported $1.5B in total assets and 7,324 participants in its 2024 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.

  • #17,451 in Manufacturing (17,777 peers)

Coverage in North Carolina

Sealed Air Corporation 401(k) and Profit Sharing Plan covers 7,324 participants in North Carolina, 8.9x the typical North Carolina plan (state average ~819 per filing). Assets: $1.5B.

#17,451
in Manufacturing (17,777 peers)
+3.5%
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 2024 · DOL Form 5500

$1,505,077,948 Top 1% higher than 99% of 123,620 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 2024

Sealed Air Corporation 401(k) and Profit Sharing Plan's large-plan peer group by participant headcount

Plan-year 2024 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 (7,324 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sealed Air Corporation 401(k) and Profit Sharing Plan reported net income fell from $73M in the plan year 2023 filing to $51M in the plan year 2024 filing.
  • Sealed Air Corporation 401(k) and Profit Sharing Plan end-of-year assets rose from $1.5B in the plan year 2023 filing to $1.5B in the plan year 2024 filing.
  • Sealed Air Corporation 401(k) and Profit Sharing Plan reported participants fell from 7,372 in the plan year 2023 filing to 7,324 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 650654331 · Sealed Air Corporation PY 2024 · 401(k)

Sealed Air Corporation 401(k) and Profit Sharing Plan · $1.5B · 7,324 · 99th

  • IND $1.5B
  • IND 7,324
  • IND 99th
  • IND 401(k)
  • IND near Mclane Company, Inc. Profit Sharing Plan
  • IND ind #17451

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

Sealed Air Corporation 401(k) and Profit Sharing PlanSealed Air Corporation 401(k…$1.5BMclane Company, Inc. Profit Sharing PlanMclane Company, Inc. Profit …$1.5BActivision Blizzard 401(k) PlanActivision Blizzard 401(k) P…$1.5BEssilorluxottica Retirement Savings Plan 1Essilorluxottica Retirement …$1.5BUPS/Ipa 401(k) Savings Plan$1.5B
End-of-year total assets ($B) among Sealed Air Corporation 401(k) and Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$1.5B
Net Assets (End of Year)$1.5B
Net Income$51M
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 -20020406080 Total assets ($B) Participants Sealed Air Corporation 401(k) and Profit Sharing Plan, Total assets ($B): 1.505077948 · Participants: 7324Sealed Air Corporation 401(k) and Profit Sharing PlanThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) 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 7,324 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 $205,499 per participant (1.5x the national average assets-per-participant) . Net income for plan year 2024 was $51M.

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 Open filing
2024 · index core 7,324 $1.5B This page

The same sponsor also keeps 1 other index-core plan 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 Mclane Company, Inc. Profit Sharing Plan in TX ($1.5B); by covered participants it is Simmons Foods, Inc. 401(k) Retirement and Trust Plan in AR (7,323 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.5B here).

Similar participant headcount

Nearest other-state filings by covered participants (7,324 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Sealed Air Corporation 401(k) and Profit Sharing Plan edged up modestly - up 3.5% during 2024, from $1.5B to $1.5B. Reported net income was $51M.
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 123,622 plans that reported assets for plan year 2024 (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 Mclane Company, Inc. Profit Sharing Plan in TX ($1.5B, 22,143 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 Simmons Foods, Inc. 401(k) Retirement and Trust Plan in AR (7,323 participants, $187M in assets).

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.