# Sealed Air Corporation 401(k) Plan
Source: https://planprovider.pro/companies/sealed-air-corporation-650654331-502

> Sealed Air Corporation's 401(k) plan: 3 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)

- **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](https://planprovider.pro/provider/lincoln-financial-group) — 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|

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