Sealed Air Corporation
Overview
Sealed Air Corporation sponsors a self-funded health plan that covered 1,635 participants in plan year 2025, about the same as the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, short-term disability, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 1,635 · prior year 1,657
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Diversey, Inc. Retiree Medical Savings Account, plan 502 (1,635 participants); Sealed Air Corporation Health and Welfare Program for Retirees, plan 531 (1,428 participants)
- Broker compensation
- $747K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Continental American Insurance Company | Life | 6,320 | $3.6M | — |
| Metropolitan Life Insurance Company | Critical Illness, Accident, Hospital Indemnity, Disability, Medical, Life | 3,784 | $1.7M | $382K |
| Life Insurance Company of North America | Long-term disability, Short-term disability | 6,273 | $1.4M | $332K |
| Kaiser Foundation Health Plan Inc. | HMO | 114 | $1.2M | $2K |
| UnitedHealthcare Insurance Company | Vision | 4,807 | $672K | — |
| MetLife Legal Plans | Legal | 812 | $214K | $24K |
| New York Life Group Insurance Company of NY | Short-term disability | 68 | $27K | $627 |
| Federal Insurance Company | Business Travel Accident | 6,260 | $14K | $3K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 1,635 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2025
- Plan sponsor
- Sealed Air Corporation
- Sponsor EIN
- 65-0654331
- Plan numbers
- 502, 531
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 65-0654331 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Sealed Air Corporation 401(k) and Profit Sharing Plan
- Type
- 401(k) plan
- Participants
- 9,675
About this data
Source: Sealed Air Corporation's Form 5500 filing for plan year 2025 and its Schedule A insurance reports, published by the U.S. Department of Labor. "Self-funded" means the filing reports benefits paid from employer assets or a trust, with no medical insurance contract or with a stop-loss contract. Pharmacy figures are StreamRX estimates based on national averages. StreamRX is not affiliated with Sealed Air Corporation.