Oclic Corporation401(k)
OCLIC CORPORATION 401(K) PLAN · LAFARGEVILLE, NY · plan year 2022
Oclic Corporation's 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $2,029,591 across 60 participant accounts, with employer contributions averaging $768 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in New York (5,123rd of 5,648), and 2,103rd of 2,677 in transportation & warehousing. In 2022, employees put in $2.10 for every $1.00 the employer contributed.
Oclic Corporation's 2022 employer contribution ran below the $1,114 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.
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Source: U.S. Department of Labor, Form 5500 series, EIN 200868601 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.