Plan Ledger DOL Form 5500 · updated monthly

Oclc, Inc.401(k)

OCLC MATCHING THRIFT PLAN · DUBLIN, OH · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Oclc, Inc. reported $96,303 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,110 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 rose from 0.00% to 0.06%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 240th-largest of 3,295 plans among Ohio employers on file, and the 214th of 2,199 in information & media. In 2024, employees put in $4.25 for every $1.00 the employer contributed; active participation has grown from 820 to 910 since 2022.

Plan summary
Net assets, end of year$174,002,442
Participants with balances1,406
Active participants910
Employer contributions$1,920,209
Employee contributions$8,154,979
Employer contribution per active participant$2,110
Average account balance$123,757
Benefits paid to participants$9,649,932
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$174.0M · 1,406 accts · $1.9M emplr
2023$153.0M · 1,345 accts · $1.7M emplr
2022$131.7M · 1,307 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$96,303
Total administrative$96,303
The Oclc, Inc. 401(k) match · 2024
Employer contribution per active participant$2,110
Median for plans this size$3,635
2024$2,110 per active participant
2023$1,952 per active participant
2022$1,890 per active participant

Oclc, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
LINCOLN NATIONAL CORPORATION · Contract administrator$96,303

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

Administrative cost history3
2024$96,303 · 0.06%
2023$70,482 · 0.05%
2022$5,559 · 0.00%
All plans at this employer3
OCLC RETIREMENT PLAN403(b)
OCLC SUPPLEMENTAL PLAN403(b)
OCLC MATCHING THRIFT PLAN401(k)
Same employer
Similar plansInformation & Media · Ohio
Cengage Learning, Inc. OH$660.1M · 0.07%
Hyland Software, Inc. OH$512.0M · 0.10%
Block Communications, Inc. OH$210.6M · 0.11%
Oeconnection LLC OH$76.8M · 0.11%
Quadax, Inc. OH$48.8M · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310734115 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.