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Company:
Owens-Illinois, Inc.
Plan:
Sixth Amended and Restated Owens-Illinois, Inc. Long-Term Savings Plan
 

Owens-Illinois, Inc.

67 Plan:

 
 
67
11
72
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (67) and the top rated plan (90) could equate to:
[How is this calculated?]
12 additional years of work
Up to $170,200 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Sixth Amended and Restated Owens-Illinois, Inc. Long-Term Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 67. This plan is in the top 35% of plans for Account Balances, Investment Menu Quality, and Total Plan Cost. Sixth Amended and Restated Owens-Illinois, Inc. Long-Term Savings Plan currently has over 4,800 active participants and over $222.6M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
26
Plan Average: 24
Top 3 Funds in this 401k
1. New York Life Anchor Account 20%
2. Owens-Illinois, Inc. Common Stock 13%
3. Harbor International 8%

 Retirement Plan Details

Address One O-I Plaza
Perrysburg, OH 43551-2999 
Industry Manufacturing
Administrator Etta Strong
Net Plan Assets $223,000,000
Total Participants 4,800
Avg Account Balance $58,000

 Compare Other Companies in Peer Group

Owens Corning 81.2
Pilkington North America 79.3
Guardian Industries 71.6
Jarden 64.5
New Enterprise Stone & Lime Co 64.3
Apogee Enterprises 63.6

  Plan Service Providers

Recordkeeper New York Life
Investment Adviser OppenheimerFunds
Auditor Ernst & Young

 Comments