Sealed Air 401(k) and pension plans

Sealed Air Corporation, Charlotte, NC. EIN 65-0654331. Annual reports 2009–2025. Also filed as Johnsondiversey, Inc.; Diversey, Inc.; Sealed Air Corporation Sac.

Sealed Air Corporation has 2 active retirement plans on file. The largest is the Sealed Air Corporation 401(k) and Profit Sharing Plan, with 8,968 participants and $1.6 billion in assets in 2025. Fidelity has been its recordkeeper since 2009.

Active plans: 2
Participants: 11,642
Plan assets: $1.7 billion
401(k) recordkeeper: Fidelity
Plans on file: 8
Industry: Manufacturing

All 8 plans

Active plans first

Sealed Air Corporation 401(k) and Profit Sharing Plan

401(k)Active

Active. The plan filed its annual report for the 2025 plan year.

Plan number: 002Employer EIN 65-0654331
Participants (2025): 8,968
Net assets (2025): $1.6 billion
Recordkeeper: Fidelity2009–2025
Plan administrator: The Sealed Air Corporation Retirement Committee
2415 Cascade Pointe BLVD
Charlotte, NC 28208
(980) 430-7000As filed for 2025
In effect since: January 1, 1969

Plans merged into this one: Profit Sharing Plan of Sealed Air Corporation (2018); Sealed Air Corporation 401(k) Thrift Plan for Formpac Production Employees (2012); Automated Packaging Systems, Inc. Employee Capital Accumulation Plan (2019).

Earlier plan names: Sealed Air Corporation 401(k) Thrift Plan.

Year by year, 2009 to 2025

Plan year	Participants	Net assets	Recordkeeper
2025	8,968	$1.6 billion	Fidelity
2024	9,675	$1.5 billion	Fidelity
2023	10,220	$1.5 billion	Fidelity
2022	10,132	$1.3 billion	Fidelity
2021	10,489	$1.7 billion	Fidelity
2020	10,083	$1.5 billion	Fidelity
2019	9,209	$1.3 billion	Fidelity
2018	9,092	$1.2 billion	not listed
2017	8,685	$934 million	not listed
2016	8,975	$897 million	not listed
2015	8,739	$879 million	not listed
2014	9,072	$916 million	not listed
2013	9,236	$899 million	not listed
2012	7,147	$558 million	not listed
2011	6,091	$494 million	Fidelity
2010	6,477	$515 million	Fidelity
2009	7,518	$453 million	Fidelity

Sealed Air Corporation Combined Pension Plan

Cash balance pensionActive

Active. The plan filed its annual report for the 2024 plan year.

Plan number: 007Employer EIN 65-0654331
Participants (2024): 2,674
Net assets (2024): $107 million
Administered by: WTW2014–2024
Plan administrator: The Sealed Air Corporation Retirement Committee
2415 Cascade Pointe BLVD
Charlotte, NC 28208
(980) 430-7000As filed for 2024
In effect since: April 1, 1998

Plans merged into this one: Sealed Air Corporation Pension Plan for Eligible Union Employees in Cedar Rapids, Ia (2009); Retirement Plan for Employees of Diversey, Inc. (2017); Sac Retirement Plan for Formpac Non-Union Hourly Employees (2016).

Earlier plan names: Sac Restoration Plan for Cryovac Employees.

Year by year, 2009 to 2024

Plan year	Participants	Net assets	Recordkeeper
2024	2,674	$107 million	WTW
2023	2,772	$111 million	WTW
2022	2,940	$114 million	WTW
2021	3,064	$148 million	WTW
2020	3,188	$146 million	WTW
2019	3,328	$141 million	WTW
2018	3,484	$122 million	WTW
2017	2,184	$149 million	WTW
2016	2,339	$54.8 million	WTW
2015	1,936	$31.2 million	WTW
2014	2,081	$35.2 million	WTW
2013	2,162	$34.2 million	not listed
2012	2,238	$30.1 million	not listed
2011	2,303	$28.4 million	not listed
2010	2,365	$27.2 million	not listed
2009	2,220	$24.5 million	not listed

Profit Sharing Plan of Sealed Air Corporation

Profit-sharing planMerged

Merged. In 2018 its assets moved to the Sealed Air Corporation 401(k) and Profit Sharing Plan, sponsored by Sealed Air Corporation (EIN 65-0654331, plan 002). Accounts moved with them, so that plan is the one to contact.

Plan number: 001Employer EIN 65-0654331
Participants (2017): 7,951
Net assets (2017): $461 million
Last listed recordkeeper: Fidelity2009–2011
Plan administrator: Sealed Air Corporation
2415 Cascade Pointe BLVD
Charlotte, NC 28208
(980) 221-3235As filed for 2018
In effect since: January 1, 1969

Year by year, 2009 to 2018

Plan year	Participants	Net assets	Recordkeeper
2018	0	$0	not listed
2017	7,951	$461 million	not listed
2016	8,199	$445 million	not listed
2015	8,242	$448 million	not listed
2014	8,609	$440 million	not listed
2013	7,420	$394 million	not listed
2012	7,686	$303 million	not listed
2011	7,843	$284 million	Fidelity
2010	8,123	$309 million	Fidelity
2009	8,198	$278 million	Fidelity

Sealed Air Corp. Pension Plan for Eligible Production Employees in High Point, NC

Pension (defined benefit), frozenClosedUnion (multiemployer)

Closed. The plan filed its final annual report for 2018, which means its assets were paid out or moved and it no longer exists.

Plan number: 003Employer EIN 22-1682767
Participants (2017): 28
Net assets (2017): $530,382
Plan administrator: Sealed Air Corporation
2415 Cascade Pointe BLVD
Charlotte, NC 28208
(980) 221-3235As filed for 2018
In effect since: January 1, 1968

Earlier plan names: Alga Plastics Company 401(k) Plan.

Year by year, 2009 to 2018

Plan year	Participants	Net assets	Recordkeeper
2018	0	$0	not listed
2017	28	$530,382	not listed
2016	30	$533,158	not listed
2015	30	$490,261	not listed
2014	30	$562,494	not listed
2013	34	$589,462	not listed
2012	36	$567,744	not listed
2011	36	$534,985	not listed
2010	36	$551,259	not listed
2009	0	$0	not listed

Retirement Plan for Employees of Diversey, Inc.

Cash balance pensionMerged

Merged. In 2017 its assets moved to the Sealed Air Corporation Combined Pension Plan, sponsored by Sealed Air Corporation (EIN 65-0654331, plan 007). Accounts moved with them, so that plan is the one to contact.

Plan number: 010Employer EIN 65-0654331
Participants (2016): 1,752
Net assets (2016): $99.5 million
Administered by: WTW2014–2017
Plan administrator: Sealed Air Corporation
2415 Cascade Pointe BLVD
Charlotte, NC 28208
(980) 221-3235As filed for 2017
In effect since: January 1, 1999

Plans merged into this one: Johnsondiversey, Inc. I.U.E. Pension Plan (2009).

Earlier sponsors: Johnsondiversey, Inc. (2009); Diversey, Inc. (2010–2015).

Earlier plan names: Retirement Plan for Employees of Johnsondiversey, Inc..

Year by year, 2009 to 2017

Plan year	Participants	Net assets	Recordkeeper
2017	0	$0	WTW
2016	1,752	$99.5 million	WTW
2015	1,904	$104 million	WTW
2014	2,007	$123 million	WTW
2013	2,088	$122 million	not listed
2012	2,202	$128 million	not listed
2011	2,373	$127 million	not listed
2010	2,643	$136 million	not listed
2009	2,674	$135 million	not listed

Sac Retirement Plan for Formpac Non-Union Hourly Employees

Pension (defined benefit)Merged

Merged. In 2016 its assets moved to the Sealed Air Corporation Combined Pension Plan, sponsored by Sealed Air Corporation (EIN 65-0654331, plan 007). Accounts moved with them, so that plan is the one to contact.

Plan number: 006Employer EIN 65-0654331
Participants (2015): 582
Net assets (2015): $21.6 million
Administered by: WTW2014–2016
Plan administrator: Sealed Air Corporation Sac
2415 Cascade Pointe BLVD.
Charlotte, NC 28208
(980) 221-3235As filed for 2016
In effect since: April 1, 1998

Earlier sponsor: Sealed Air Corporation (2009).

Year by year, 2009 to 2016

Plan year	Participants	Net assets	Recordkeeper
2016	0	$0	WTW
2015	582	$21.6 million	WTW
2014	649	$23.9 million	WTW
2013	635	$22.6 million	not listed
2012	632	$18.9 million	not listed
2011	610	$17.1 million	not listed
2010	612	$15.6 million	not listed
2009	593	$13.5 million	not listed

Sealed Air Corporation 401(k) Thrift Plan for Formpac Production Employees

401(k)Merged

Merged. In 2012 its assets moved to the Sealed Air Corporation 401(k) Thrift Plan, sponsored by Sealed Air Corporation (EIN 65-0654331, plan 002). Accounts moved with them, so that plan is the one to contact.

Plan number: 026Employer EIN 65-0654331
Participants (2011): 382
Net assets (2011): $13.6 million
Recordkeeper: Fidelity2011
Plan administrator: Sealed Air Corporation
200 Riverfront Boulevard
Elmwood, NJ 07407
(201) 791-7600As filed for 2012
In effect since: January 1, 2011

Year by year, 2011 to 2012

Plan year	Participants	Net assets	Recordkeeper
2012	0	$0	not listed
2011	382	$13.6 million	Fidelity

Sealed Air Corporation Pension Plan for Eligible Union Employees in Cedar Rapids, Ia