PlanOptica
Retirement plan

ORACLE CORPORATION 401(K) SAVINGS AND INVESTMENT PLAN

ORACLE CORPORATIONEIN 54-2185193Plan #001PY 2021
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500 ORACLE PARKWAY, M/S 5OP8, BENEFITS - REDWOOD SHORES, CA 94065650-506-7000
Prospect flagsHigh assets / participantCorrective distributions

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(650) 506-7000
Plan administrator signer
PETER SHOTT
Signed 05/18/2022
How to read this page

Summary metrics

Total assets (EOY)
$23696.1M
-7.8% from 2016
Total participants
80,980
-1.2% from 2016
Average account balance
$301,719
-6.4% from 2016
Annual return
17.97%
-9.76 pp from 2016

Benchmarks

See 91 peers
Peer group
Industry54 - Professional, Scientific, and Technical Services
Plan typeDefined contribution
Participants>=10,000
Cohort91 peers
Snapshot2021
Participant deferral / active EE
$14,621
median $7,235
Employer contribution / active EE
$3,372
median $2,361
Participation rate
94.7%
median 79.9%
Avg account balance
$301,719
median $89,443
Admin fee / account holder
$124
median $56
Annual return
17.97%
median 17.54%
Overall peer rank
67th percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$31.03B
Average account balance
Total assets / participants with a balance (line 6g)
$311K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
99,815
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
96.3%
Contributions (total)
Employer and participant dollars contributed each year
$1.17B
Contributions per participant
Average employer and participant contribution per enrolled participant
$20K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+21.28%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$107
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 3 by compensation
ProviderService typeCompensation
FIDELITY INVESTMENTS INSTITUTIONAL7+ years
Service code 37 · EIN 04-2647786
Loan Processing
$2,238,492
MERCER INVESTMENTS LLC2 years
Service code 27 · EIN 30-0282430
Advisory (Plan)
$229,343
SENSIBA SAN FILIPPO LLP1 year
Service code 10 · EIN 94-2370906
Accounting
$73,150

Top hat statement on fileNQDC

Filed May 11, 2015

Plan administrator

Plan administrator name— Sign in and upgrade to view
500 Oracle Parkway, M/S 5OP8
Redwood City State: CA Zip Code: 94065
Email— Sign in and upgrade to viewPhone— Sign in and upgrade to view

Plans declared (7)

  • Oracle Corporation Stock Unit Award Deferral Compensation Plan121 emp
  • Oracle Corporation Deferred Compensation Plan945 emp
  • Oracle Corporation 1993 Deferred Compensation Plan220 emp
  • PeopleSoft, Inc. Executive Deferred Compensation Plan64 emp
  • BEA Systems, Inc. Executive Deferred Compensation Plan1 emp
  • +2 more

Total covered: 1,363 employees

Open the filing PDF

Plan features & details

Pension benefit codes2E2F2G2J2K2R2T
Plan features
  • 2E
    Profit-sharing
    Profit-sharing plan.
  • 2F
    ERISA section 404(c) plan
    This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
  • 2G
    Total participant-directed account plan
    Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • 2J
    Code section 401(k) feature
    Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
  • 2K
    Code section 401(m) arrangement
    Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
  • 2R
    Participant-directed brokerage accounts
    Participant-directed brokerage accounts provided as an investment option under the plan.
  • 2T
    Default investment account
    Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

Opportunity flags

2 tripped
  • ComplianceCorrective distributions

    Plan reported corrective distributions (failed ADP/ACP testing).

  • InformationalHigh assets / participant

    Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II
Admin total
$9.7M
$210 / participant
  • Investment mgmt$7M72.8%
  • Other / not subdivided$3M27.2%
% of EOY assets
0.041%
all-in expense ratio
Categories reported
1 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm
SENSIBA SAN FILIPPO, LLP
Auditor EIN
942370906
Audit fees
(not subdivided)
Opinion code
Unqualified