Sealed Air Corporation 401(K) And Profit Sharing Plan — Form 5500 plan (Sealed Air Corporation)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Sealed Air Corporation 401(K) And Profit Sharing Plan is a benefit plan reported by Sealed Air Corporation under EIN 65-0654331 and plan number 002. The latest loaded filing year is 2023. The filing reports 10,132 participants and $1,453,645,852 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Sealed Air Corporation
EIN
65-0654331
Plan number
002
Plan type
2
Location
Charlotte, NC
Latest filing year
2023
Participants
10,132
End-of-year plan assets
$1,453,645,852

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202310,132H, C20241011115719NAL0010887731001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$1,453,645,852
Total liabilities (EOY)
$34,736
Net assets (EOY)
$1,453,611,116
Net assets (BOY)
$1,327,143,547

Income & contributions

Employer contributions
$46,558,077
Participant contributions
$47,421,271
Total contributions
$98,455,288
Total income / additions
$243,408,993

Expenses & distributions

Benefits paid
$170,046,776
Administrative expenses
$813,427
Total expenses
$170,860,203
Net increase / (decrease)
$72,548,790

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments Instl Ops CoTRUSTEE$454,087$02023
Nfp RetirementNONE$148,750not reported in the loaded dataset2023
Strategic Advisors, IncNONE$92,278not reported in the loaded dataset2023
Troutman Pepper Hamilton Sanders LlNONE$82,923not reported in the loaded dataset2023
A.C. Evans LLCNONE$18,250not reported in the loaded dataset2023
Prudential Retirement Insurance AndNONE$0$02023

Related Form 5500 pages