Oclc, Inc. 401(k) Review & Grade
Oclc Matching Thrift Plan
Dublin, OHInformation886 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,166Employer $ per active participant
$9,199Employee $ saved per active participant
0.06%Direct admin cost, % of plan assets
$174.0MNet plan assets, end of year
$123,757Average balance per account
Score breakdown
- Employer generosity17.5 / 5035th percentile for employer $ per participant
- Low cost21.2 / 2585th percentile for low admin cost vs. same-size plans
- Employee saving7.9 / 1552th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score47 / 100 · Grade C
This plan vs. peers
Peers: Information plans with 500–2,499 active participants (310 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 35th |
| Lower admin cost | 85th |
| Employee saving | 52th |
| Peers that auto-enroll | 59% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Corrective distributions: the plan refunded $848 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Oclc put in about $2,166 per active participant, below the typical peer ($2,829). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $1,920,209 |
| Participant (employee) contributions | $8,154,979 |
| Other contributions (incl. rollovers in) | $2,159,045 |
| Administrative expenses paid from the plan | $96,303 |
| Contract administrator fees | $96,303 |
| Benefits paid out | $9,649,932 |
| Net assets, start / end of year | $153.0M / $174.0M |
| Active participants, start / end of year | 863 / 910 |
| Participants with account balances | 1,406 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | GBQ Partners, LLC |
Largest service providers (Schedule C)
| Lincoln National Corporation | $96,303 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250904124454NAL0027383472001, received 2025-09-04, EIN 31-0734115, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.