A storage device includes a collapsible container and a lid for the collapsible container. The collapsible container includes a plurality of wall panels hingedly connected to articulate between a collapsed position and an expanded position that defines an upper lip, and the upper lip further defines a square opening. The lid includes (i) a body that is adapted to cover the square opening in the collapsible container, (ii) a peripheral groove disposed in a side of the body, the groove extending along a square path configured to receive the upper lip of the collapsible container in the expanded position, and (iii) a plurality of wall sections projecting from the same side of the body. The wall sections are disposed radially inwardly from the peripheral groove and define a recess having four sides formed to receive therein an outer periphery of the collapsible container in a substantially parallel orientation with the body when the collapsible container is in the collapsed position.