Office Depot, Inc. 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2021. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Office Depot, Inc. 401(k) Plan Facts (plan year 2021)

Plan name
OFFICE DEPOT RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
OFFICE DEPOT, LLC
Participants
30,659 (22,942 active employees)
Former employees with a balance
9,536
Plan assets
$1,856,712,412 at Dec 31, 2021
Average account balance
$67,394 across 27,550 accounts
Employer contributions
$17,615,830 in plan year 2021 (20% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2021 – Dec 31, 2021
Plan established
Feb 1, 1990
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2021 (Jan 1, 2021 – Dec 31, 2021), filed Sep 30, 2022. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2021

  • $90.5 million went into the plan in contributions, $17.6 million of it from the employer (20%).
  • $222.3 million was paid out to participants.
  • Investment and other income added $256.7 million.
  • Administrative expenses were $1.45 million, about $53 per account.

How the Office Depot, Inc. 401(k) changed, 2016–2021

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201634,228$880.5 million$20.3 million$104.9 million
201730,051$1.00 billion$19.8 million$108.9 million
201827,000$932.5 million$20.4 million$96.5 million
201925,616$1.57 billion$20.6 million$142.6 million
202033,400$1.73 billion$19.1 million$214.9 million
202130,659$1.86 billion$17.6 million$222.3 million

Office Depot, Inc. 401(k) Contact Information

Phone
561-438-2442
Mailing address
6600 N. MILITARY TRAIL, BOCA RATON FL 33496
Plan sponsor
OFFICE DEPOT, LLC
Employer identification number (EIN)
59-2663954
Plan number
001

Questions about the Office Depot, Inc. 401(k)

Is the Office Depot, Inc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2021, and no later filing was found under this employer's EIN.

Does Office Depot, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2021 the employer contributed $17.6 million, 20% of all contributions.

Does the Office Depot, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Office Depot, Inc 401(k) plan?

30,659 participants at the start of plan year 2021, 22,942 of them active employees, and 9,536 former employees who still had money in the plan.

What is the average 401(k) balance at Office Depot, Inc?

About $67,394 per account: $1.86 billion in plan assets across 27,550 accounts with a balance at the end of plan year 2021.

Who manages the Office Depot, Inc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

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