Plan Ledger DOL Form 5500 · updated monthly

O-I Glass, Inc.401(k)

OWENS-ILLINOIS, INC. STOCK PURCHASE AND SAVINGS PROGRAM · PERRYSBURG, OH · plan year 2023

Reported admin expense ratio · 2023
0.05%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

O-I Glass, Inc. reported $210,817 in plan administrative expenses for 2023: 0.05% of average plan assets, below the peer median. Employer contributions averaged $8,889 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.06% to 0.05%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,601 comparable plans and shown alongside other manufacturing employers. By assets it is the 122nd-largest of 3,295 plans among Ohio employers on file, and the 662nd of 13,661 in manufacturing. In 2023, employees put in $1.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$414,994,996
Participants with balances2,047
Active participants1,296
Employer contributions$11,519,614
Employee contributions$16,818,476
Employer contribution per active participant$8,889
Average account balance$202,733
Benefits paid to participants$38,058,708
Plan auditUnmodified (clean) audit opinion
AuditorERNST-YOUNG LLP
Plan history3
Yearassets · accounts · employer contribution
2024$382.4M · 1,850 accts · $11.3M emplr
2023$415.0M · 2,047 accts · $11.5M emplr
2022$360.3M · 2,037 accts · $10.6M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$147,479
Investment management$63,338
Total administrative$210,817
The O-I Glass, Inc. 401(k) match · 2023
Employer contribution per active participant$8,889
Median for plans this size$4,362
2024$10,688 per active participant
2023$8,889 per active participant
2022$8,190 per active participant

O-I Glass, Inc.'s 2023 employer contribution ran above the $4,362 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
JOHN HANCOCK RETIREMENT PLAN SVCS. · Recordkeeping · Loan processing$151,524
AON INVESTMENTS USA, INC. · Investment advisory (plan)$42,500
SIGNATOR INVESTORS, INC. · Securities brokerage$20,838

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history3
2024$195,952 · 0.05%
2023$210,817 · 0.05%
2022$252,814 · 0.06%
All plans at this employer2
OWENS-ILLINOIS, INC. STOCK PURCHASE AND SAVINGS PROGRAM401(k)
OWENS-ILLINOIS, INC. LONG-TERM SAVINGS PLAN401(k)
Same employer
Similar plansManufacturing · Ohio
Multi-Color Corporation OH$466.7M · 0.11%
Materion Corporation OH$465.8M · 0.10%
Babcock & Wilcox Company OH$457.4M · 0.04%
Ariel Corporation OH$390.7M · 0.05%
First Solar, Inc. OH$361.5M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222781933 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.