Profit Sharing · DOL Form 5500 · 2023

The Oak Clinic Profit Sharing Plan

Data updated 2026-08-11

$9M
Total assets
26
Participants
57th
Percentile by assets
$357,227
Avg per participant
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Official DOL plan name: Oak Clinic Profit Sharing Plan · Sponsored by The Oak Clinic · Ohio · Healthcare & Social Assistance

$9M in assets, 26 participants

The Oak Clinic's Oak Clinic Profit Sharing Plan reported $9M in total assets and 26 participants in its 2023 DOL Form 5500 filing, ranking in the 57th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 57th percentile by assets (of 127,072 plans)
  • #11,085 in Healthcare & Social Assistance (17,684 peers)

The Oak Clinic multi-year trail

The Oak Clinic's plans moved +78.7% in assets from 2022 to 2024; this filing shows Oak Clinic Profit Sharing Plan at $9M / 26 participants.

$9M
total plan assets (2023 EOY)
26
covered participants
57th
percentile by assets (of 127,072 plans)
$357,227
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Oak Clinic Profit Sharing Plan reported net income rose from -$2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Oak Clinic Profit Sharing Plan end-of-year assets rose from $7M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Oak Clinic Profit Sharing Plan reported participants fell from 28 in the plan year 2022 filing to 26 in the plan year 2023 filing.

See the national 2022→2023 release diff →

The Oak Clinic across 3 plan years on file

Across the 3 plan years The Oak Clinic has on file (2022-2024), sponsor-wide plan assets have moved from $7M to $12M, a gain of 78.7%, while reported participants moved from 28 to 26 (-7.1%). Peak year by sponsor assets: 2024 ($12M); trough: 2022 ($7M).

The Oak Clinic multi-year asset trail

$6M$8M$10M$12M$14M 202220232024 $6.68M $11.9M ▲ +78.6%
Total plan assets by year, all The Oak Clinic plans on file
Year Plans Participants Total Assets
2022 1 28 $7M
2023 1 26 $9M
2024 1 26 $12M

The Oak Clinic filing trail (2023)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$9M
Net Income$3M
Employer EIN341930683
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Ohio

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Oak Clinic Profit Sharing Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants

Oak Clinic Profit Sharing Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -0.500.511.52 Total assets ($B) Participants Oak Clinic Profit Sh…Cleveland Clinic Inv…Masterbrand, Inc. Re…The Employer Retirem…Three Rivers Annuity…Holzer Health System…
Oak Clinic Profit Sharing Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Oak Clinic Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Oak Clinic Profit Sharing Plan assets move in 2023?
Oak Clinic Profit Sharing Plan surged - up 39.1% during 2023, from $7M to $9M. Reported net income was $3M.
How have The Oak Clinic plan assets changed over time?
Across 3 plan years on file (2022-2024), The Oak Clinic's sponsor-wide assets grew 78.7%, from $7M to $12M.
Which Profit Sharing plans are similar in size to Oak Clinic Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Messer-Bowers Profit Sharing Plan in OK ($9M, 40 participants).

Multi-year trail

Ways to act on Oak Clinic Profit Sharing Plan's numbers.