2023 Form 5500 filing — Oakwood Healthcare, Inc. Cash Balance Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241014073328NAL0014602867001) for Oakwood Healthcare, Inc. Cash Balance Plan, reported by Oakwood Healthcare, Inc. under EIN 38-1405141 and plan number 003. It reports 5,933 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014073328NAL0014602867001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Oakwood Healthcare, Inc.
- EIN
- 38-1405141
- Plan number
- 003
- Location
- Southfield, MI
- Participants
- 5,933
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $268,857,454
- Total liabilities (EOY)
- $134,137
- Net assets (EOY)
- $268,723,317
- Employer contributions
- $5,000,000
- Total income / additions
- $40,290,364
- Benefits paid
- $23,586,488
- Administrative expenses
- $2,934,767
- Total expenses
- $26,521,255
- Net increase / (decrease)
- $13,769,109
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Willis Towers Watson Us LLC | NONE | $580,948 | not reported in the loaded dataset |
| State Street Bank & Trust Company | NONE | $34,003 | $0 |
| Monticello Associates | NONE | $22,927 | not reported in the loaded dataset |
| Comerica Bank | NONE | $20,832 | $0 |
| Gjc Cpa'S & Advisors | NONE | $18,450 | not reported in the loaded dataset |
| Mercer Investments LLC | NONE | $11,419 | not reported in the loaded dataset |