# Sealed Air Corporation 401(k) Plan
Source: https://planprovider.pro/companies/sealed-air-corporation-401k-plan

> Sealed Air Corporation's 401(k) plan: 6,878 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Sealed Air Corporation

- **Sponsor EIN:** 650654331

- **Sponsor Address:** 2415 CASCADE POINTE BLVD, CHARLOTTE, NC, 28208

- **Plan Type:** 401(k)

- **Total Participants:** 6,878

- **Total Assets:** $1.5B

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|6,878|$1.5B|$47.4M|$47.8M|

| 2023|7,324|$1.5B|$46.6M|$47.4M|

| 2022|7,372|$1.3B|$45.2M|$46.5M|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| FIDELITY INVESTMENTS INSTL OPS CO|TRUSTEE|$392,391|—|$392,391|

| STRATEGIC ADVISORS, INC|NONE|$117,405|—|$117,405|

| NFP RETIREMENT|NONE|$85,000|—|$85,000|

| TROUTMAN PEPPER HAMILTON SANDERS LL|NONE|$66,703|—|$66,703|

| A.C. EVANS LLC|NONE|$19,250|—|$19,250|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [FIDELITY INVESTMENTS INSTL OPS CO](https://planprovider.pro/provider/fidelity-investments) — TRUSTEE

- [STRATEGIC ADVISORS, INC](https://planprovider.pro/provider/creative-planning) — NONE

- [NFP RETIREMENT](https://planprovider.pro/provider/accelerate-retirement) — NONE

- [TROUTMAN PEPPER HAMILTON SANDERS LL](https://planprovider.pro/provider/troutman-pepper-locke-lp) — NONE

- [A.C. EVANS LLC](https://planprovider.pro/provider/ac-evans-llc) — NONE

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $680,749

- **Estimated Expense Ratio:** 0.045% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$654,212|$117,405|$2,700|$19,250|—|

| 2023|$813,427|$92,278|$3,000|$18,250|—|

| 2022|$645,508|—|—|—|—|

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