Plan Snapshot
- Plan Sponsor: Sealed Air Corporation
- Sponsor EIN: 650654331
- Sponsor Address: 2415 CASCADE POINTE BLVD, CHARLOTTE, NC, 28208
- Plan Type: 401(k)
- Plan Number: 502
- Total Participants: 3
- Total Assets: $12.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 3 | $12.9M | $1.4M | $0 |
| 2023 | 4 | $12.2M | $1.8M | $0 |
| 2022 | 0 | $11.4M | $1.6M | $0 |
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 |
|---|---|---|---|---|
| GREAT WEST LIFE AND ANNUITY COMPANY | Other Service Provider | $20,488 | — | $20,488 |
| WILLIS TOWERS WATSON US LLC | Recordkeeper | $6,000 | — | $6,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON US LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,488
- Estimated Expense Ratio: 0.206% 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 | $20,488 | — | $6,000 | — | — |
| 2023 | $14,819 | — | — | — | — |
| 2022 | $15,213 | — | — | — | $15,213 |