SEALED AIR CORP. PENSION PLAN FOR ELIGIBLE PRODUCTION EMPLOYEES IN EXTON & MODENA, PA 401k Plan overview

SEALED AIR CORP. PENSION PLAN FOR ELIGIBLE PRODUCTION EMPLOYEES IN EXTON & MODENA, PA Benefits

401k Sponsoring company profile

Company Name:	SEALED AIR CORPORATION
Employer identification number (EIN):	221682767
NAIC Classification:	325900
NAIC Description:	Other Chemical Product and Preparation Manufacturing

Additional information about SEALED AIR CORPORATION

Jurisdiction of Incorporation:	State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number:	2586601

More information about SEALED AIR CORPORATION

Form 5500 Filing Information

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
008	2016-05-01	MICHAEL KONCHAN	2017-10-05	MICHAEL KONCHAN	2017-10-05
008	2015-05-01	MICHAEL KONCHAN	2017-02-15	MICHAEL KONCHAN	2017-02-14
008	2014-05-01	MICHAEL KONCHAN	2016-02-08	MICHAEL KONCHAN	2016-02-07
008	2013-05-01	MICHAEL KONCHAN	2015-02-13	MICHAEL KONCHAN	2015-02-13
008	2012-05-01	ANTHONY MEOLA	2014-02-13	ANTHONY MEOLA	2014-02-13
008	2011-05-01	ANTHONY MEOLA	2013-02-15	ANTHONY MEOLA	2013-02-15
008	2010-05-01	SANJAY VARMA	2012-02-15

Plan Statistics for SEALED AIR CORP. PENSION PLAN FOR ELIGIBLE PRODUCTION EMPLOYEES IN EXTON & MODENA, PA

Measure	Date	Value
2016: SEALED AIR CORP. PENSION PLAN FOR ELIGIBLE PRODUCTION EMPLOYEES IN EXTON & MODENA, PA 2016 401k membership
Market value of plan assets	2016-12-31	2,090,959
Acturial value of plan assets	2016-12-31	2,090,959
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	878,921
Number of terminated vested participants	2016-12-31	22
Fundng target for terminated vested participants	2016-12-31	552,497
Active participant vested funding target	2016-12-31	966,837
Number of active participants	2016-12-31	27
Total funding liabilities for active participants	2016-12-31	981,015
Total participant count	2016-12-31	67
Total funding target for all participants	2016-12-31	2,412,433
Balance at beginning of prior year after applicable adjustments	2016-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	1,014
Prefunding balanced used to offset prior years funding requirement	2016-12-31	540
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	474
Present value of excess contributions	2016-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	0
Reductions in caryover balances due to elections or deemed elections	2016-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	470
Total employer contributions	2016-12-31	101,759
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	97,543
Liquidity shortfalls end of Q1	2016-12-31	0
Liquidity shortfalls end of Q2	2016-12-31	0
Liquidity shortfalls end of Q3	2016-12-31	0
Liquidity shortfalls end of Q4	2016-12-31	0
Unpaid minimum required contributions for all prior years	2016-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	59,424
Net shortfall amortization installment of oustanding balance	2016-12-31	321,944
Waiver amortization installment	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	96,875
Carryover balance elected to use to offset funding requirement	2016-12-31	0
Prefunding balance elected to use to offset funding requirement	2016-12-31	0
Additional cash requirement	2016-12-31	96,875
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	97,543
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

Potentially related plans

• SEALED AIR CORPORATION HEALTH AND WELFARE PROGRAM FOR RETIREES [EIN = 650654331]
• SEALED AIR MASTER RETIREMENT TRUST [EIN = 650654331]
• SEALED AIR CORPORATION EMPLOYEE ASSISTANCE PLAN [EIN = 650654331]
• SEALED AIR CORPORATION VISION CARE PLAN [EIN = 650654331]
• SEALED AIR CORPORATION HEALTH AND WELFARE PROGRAM FOR ACTIVE EMPLOYEES [EIN = 650654331]
• SEALED AIR CORPORATION 401(K) THRIFT PLAN [EIN = 650654331]
• SEALED AIR CORPORATION SEVERANCE PAY PLAN [EIN = 650654331]
• SEALED AIR CORPORATION 401(K) THRIFT PLAN FOR FORMPAC PRODUCTION EMPLOYEES [EIN = 650654331]
• SEALED AIR CORP. FLEXIBLE SPENDING ACCOUNT [EIN = 650654331]
• SEALED AIR CORPORATION TRAVEL ACCIDENT INSURANCE [EIN = 650654331]
• SEALED AIR CORPORATION HEALTH BENEFITS PLAN [EIN = 650654331]
• SEALED AIR CORPORATION EDUCATIONAL ASSISTANCE PLAN [EIN = 650654331]
• SEALED AIR CORPORATION DENTAL PLAN [EIN = 650654331]
• SEALED AIR CORPORATION LIFE, AD&D, AND LTD PLAN [EIN = 650654331]

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