Oracle Corporation 401(k) Review & Grade
Oracle Corporation 401(k) Savings and Investment Plan
Redwood Shores, CAProfessional, Scientific & Technical Services58,885 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,421Employer $ per active participant
$16,409Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$31.0BNet plan assets, end of year
$310,724Average balance per account
Score breakdown
- Employer generosity30.4 / 5061th percentile for employer $ per participant
- Low cost19.8 / 2579th percentile for low admin cost vs. same-size plans
- Employee saving14.1 / 1594th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score64 / 100 · Grade B
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 10,000+ active participants (70 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 61th |
| Lower admin cost | 79th |
| Employee saving | 94th |
| Peers that auto-enroll | 39% |
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Red flags from the filing
Corrective distributions: the plan refunded $300,496 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Oracle put in about $3,421 per active participant, more than the typical peer ($2,932). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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 | $201,444,825 |
| Participant (employee) contributions | $966,225,687 |
| Other contributions (incl. rollovers in) | $138,389,483 |
| Administrative expenses paid from the plan | $10,712,603 |
| Contract administrator fees | $31,500 |
| Investment advisory & management fees | $9,423,522 |
| Other admin expenses | $178,562 |
| Benefits paid out | $2,062,508,643 |
| Net assets, start / end of year | $26.3B / $31.0B |
| Active participants, start / end of year | 58,962 / 58,808 |
| Participants with account balances | 99,815 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Sensiba LLP |
| Employer stock held by plan | $1,889,618,946 |
Largest service providers (Schedule C)
| Financial Engines | $1,926,018 reported compensation |
| Fidelity Investments Institutional | $1,066,857 reported compensation |
| Mercer Investments LLC | $230,765 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250425143927NAL0005242051001, received 2025-04-25, EIN 54-2185193, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.