O-I Glass 401(k) match, vesting and fees

Plan year 2024 filingOwens-Illinois, Inc. Long-Term Savings Plan · Plan 017 · EIN 22-2781933Updated Oct 2026

What O-I Glass' 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $9.8M in employer contributions, about $2,505 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$78,638
Average account balance
3,927
Participants (end of year)
$308M
Plan assets (end of year)
0.11%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperJohn Hancock Retirement Plan SvcsSchedule C ↗
Independent auditorErnst & Young, LLP (unmodified opinion)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2024 medians for 1,619 defined-contribution plans in manufacturing with 1,000 to 4,999 participants.

O-I Glass: employer contribution per participant$2,505
Peer median$2,413
O-I Glass: average balance$78,638
Peer median$86,456
O-I Glass: admin expenses ÷ assets0.11%
Peer median0.12%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $309M at the end of plan year 2021 to $308M at the end of plan year 2024.

$309M2021$277M2022$314M2023$308M2024
End-of-year figures from each plan year's Form 5500 filing for the O-I Glass plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
20243,927$308M$9.8M$2,5050.11%Not publishedForm 5500 ↗
20234,095$314M$10.1M$2,4590.13%Not publishedForm 5500 ↗
20224,280$277M$9.2M$2,1690.14%Not publishedForm 5500 ↗
20214,313$309M$8.4M$1,9810.09%Not publishedForm 5500 ↗

Other O-I Glass plans (3)

Each plan files its own Form 5500. Figures are from each plan's latest filing.

Owens-Illinois, Inc. Stock Purchase and Savings Program

Plan 003 · EIN 22-2781933 · plan year 2024 filing
$206,677
Average account balance
1,850
Participants (end of year)
$382M
Plan assets (end of year)
0.05%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperJohn Hancock Retirement Plan Svcs.Schedule C ↗
Independent auditorErnst-Young LLP (unmodified opinion)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

Tenth Amended & Restated Owens-Illinois Hourly Retirement Plan

Plan 002 · EIN 22-2781933 · plan year 2024 filing
$90,049
Average account balance
6,042
Participants (end of year)
$544M
Plan assets (end of year)
0.99%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperJohn Hancock Retirement Plan SvcsSchedule C ↗
Independent auditorErnst & Young, LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · ActiveForm 5500 ↗

Tenth Amended & Restated Owens-Illinois Salary Retirement Plan

Plan 001 · EIN 22-2781933 · plan year 2024 filing
$58,695
Average account balance
4,271
Participants (end of year)
$251M
Plan assets (end of year)
1.07%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperJohn Hancock Retirement Plan SvcsSchedule C ↗
Independent auditorErnst & Young, LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · FrozenForm 5500 ↗

Common questions

Does O-I Glass match 401(k) contributions?

The match terms for the Owens-Illinois, Inc. Long-Term Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $9.8M in employer contributions, about $2,505 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the O-I Glass 401(k) match vested?

The vesting schedule for the Owens-Illinois, Inc. Long-Term Savings Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the O-I Glass 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is John Hancock Retirement Plan Svcs. The plan administrator is Owens-Illinois Employee Benefits Committee.

I left O-I Glass. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Owens-Illinois Employee Benefits Committee, (567) 336-5000) or the recordkeeper, John Hancock Retirement Plan Svcs. The O-I Glass old 401(k) page lists the contacts from every plan filing. Find an old O-I Glass 401(k)

Data from the public Form 5500 annual reports O-I Glass filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with O-I Glass. Not financial advice. Report a correction · Methodology