SEALED AIR CORPORATION 401(K) THRIFT PLAN

Plan Contact

  • Address: 2415 CASCADE POINTE BLVD,CHARLOTTE,NC
  • Contact person: MICHAEL KONCHAN
  • Phone: (980) 221-3235

Plan General Information

SEALED AIR CORPORATION 401(K) THRIFT PLAN Total Retirement Plan Assets

At the end of 2017, the total retirement plan assets of SEALED AIR CORPORATION 401(K) THRIFT PLAN is $933,966,569.00.This plan was established in 1969.

SEALED AIR CORPORATION 401(K) THRIFT PLAN Total Number of Retirement Plan Participants

At the end of 2017, the total number of retirement plan participants in SEALED AIR CORPORATION 401(K) THRIFT PLAN is 8975

SEALED AIR CORPORATION 401(K) THRIFT PLAN Average Participant Retirement Account Value

In 2017, the average participant retirement account value for SEALED AIR CORPORATION 401(K) THRIFT PLAN is $104,063.00

SEALED AIR CORPORATION 401(K) THRIFT PLAN Estimated Average Employee Contribution Amount

In 2017, the estimated average employee contribution amount per participant for SEALED AIR CORPORATION 401(K) THRIFT PLAN is $7,886.00.

SEALED AIR CORPORATION 401(K) THRIFT PLAN Estimated Average Employer Match

In 2017, the estimated average employer match for an employee in SEALED AIR CORPORATION 401(K) THRIFT PLAN is approximately $1,903.00
Investing in this additonal $1,903.00 for 20 years would give you extra $121,811.00, assuming a 10% annual return.

SEALED AIR CORPORATION 401(K) THRIFT PLAN Total Employer Contribution and Match Rate

In 2017, SEALED AIR CORPORATION 401(K) THRIFT PLAN allocates $17,082,225.00 to match its employees' contributions, providing an employer match rate of 48.27% of their contributions

SEALED AIR CORPORATION 401(K) THRIFT PLAN Total Retirement Plan Asset Growth Rate

In 2017, the total retirement plan asset growth rate of SEALED AIR CORPORATION 401(K) THRIFT PLAN is 4.13%.

SEALED AIR CORPORATION 401(K) THRIFT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2017, the estimated aggregate retirement account investment gain/loss for SEALED AIR CORPORATION 401(K) THRIFT PLAN is 15.50%. This measures the effectiveness of the plan participants' investments in the year.

SEALED AIR CORPORATION 401(K) THRIFT PLAN Expense Ratio

In 2017, the investment and administrative expense ratio of SEALED AIR CORPORATION 401(K) THRIFT PLAN is 0.00%.

Enrollment Features

SEALED AIR CORPORATION 401(K) THRIFT PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.

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