Retirement plan

EIGHTH AMENDED AND RESTATED OWENS-ILLINOIS, INC. STOCK PURCHASE AND SAVINGS PROGRAM

Name: OWENS-ILLINOIS, INC. - EIGHTH AMENDED AND RESTATED OWENS-ILLINOIS, INC. STOCK PURCHASE AND SAVINGS PROGRAM (2016) Form 5500
Creator: OWENS-ILLINOIS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EIGHTH AMENDED AND RESTATED OWENS-ILLINOIS, INC. STOCK PURCHASE AND SAVINGS PROGRAM, OWENS-ILLINOIS, INC.

OWENS-ILLINOIS, INC.EIN 22-2781933Plan #003PY 2016

ONE O-I PLAZA, ONE MICHAEL OWENS WAY - PERRYSBURG, OH 435512999567-336-5000

Other plans on this EIN

5 filings

#002Retirement-$1.20B assets #001Retirement-$455.6M assets #017Retirement-$233.5M assets #038Retirement--#039Retirement--

Prospect flagsCorrective distributions

Top hat statement on fileNQDC

Filed October 18, 2004

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$306.1M

-3.6% from 2016

Total participants

2,154

-2.3% from 2016

Average account balance

$142,100

-1.3% from 2016

Annual return

6.76%

-8.85 pp from 2016

Benchmarks

See 373 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort373 peers

Snapshot2016

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$382.35M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$207K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

1,850

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$27.45M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$26K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+10.29%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$106

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
OPPENHEIMER2+ years Filed as: OPPENHEIMER & COMPANY INC. Service code 27 250 PEARL STREET NW · GRAND RAPIDS, MI 49503	Advisory (Plan)	$117,667
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Filed as: JOHN HANCOCK RETIREMENT PLAN SVCS Service code 15 · EIN 01-0234446	Recordkeeping	$19,074
JP MORGAN INVESTMENT MANAGEMENT INC2+ years Filed as: NEW YORK LIFE SECURITIES Service code 33 · EIN 13-2649692	Securities brokerage	$15,916
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Filed as: SIGNATOR INVESTORS, INC. Service code 33 197 CLARENDON STREET · BOSTON, MA 02116	Securities brokerage	$13,405

Plan features & details

Pension benefit codes2E2J2K2S2T3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$167K

$111 / participant

Investment mgmt$148K88.6%
Contract admin$19K11.4%

% of EOY assets

0.054%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: ERNST-YOUNG LLP
Auditor EIN: 346565596
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$142,100

$82,279+72.7%

$78,002+82.2%

$63,975+122.1%

Participation rate

100.0%

84.7%+15.3pp

75.5%+24.5pp

71.1%+28.9pp

Annual return

6.76%

11.20%-4.4pp

425.99%-419.2pp

48.65%-41.9pp

Employer contribution / active EE

$6,580

$3,297+99.6%

$2,470+166.4%

$2,182+201.6%

Participant deferral / active EE

$9,166

$4,538+102.0%

$3,497+162.1%

$3,356+173.1%

Admin fee / account holder

$77

$81-4.9%

$5,481-98.6%

$70+9.9%

Provider

Service type

Compensation

OPPENHEIMER2+ years

Filed as: OPPENHEIMER & COMPANY INC.

Service code 27

250 PEARL STREET NW · GRAND RAPIDS, MI 49503

Advisory (Plan)

$117,667

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Filed as: JOHN HANCOCK RETIREMENT PLAN SVCS

Service code 15 · EIN 01-0234446

Recordkeeping

$19,074

JP MORGAN INVESTMENT MANAGEMENT INC2+ years

Filed as: NEW YORK LIFE SECURITIES

Service code 33 · EIN 13-2649692

Securities brokerage

$15,916

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Filed as: SIGNATOR INVESTORS, INC.

Service code 33

197 CLARENDON STREET · BOSTON, MA 02116

Securities brokerage

$13,405

EIGHTH AMENDED AND RESTATED OWENS-ILLINOIS, INC. STOCK PURCHASE AND SAVINGS PROGRAM

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EIGHTH AMENDED AND RESTATED OWENS-ILLINOIS, INC. STOCK PURCHASE AND SAVINGS PROGRAM

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion