Defined Benefit (Pension) · DOL Form 5500 · 2023

Oakwood Healthcare, Inc. Pension Plan

Data updated 2026-08-25

$42M
Total assets Below avg plan size
831
Participants Near avg headcount
84th
Percentile by assets National rank
$50,653
Avg per participant Low balance/head
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Official DOL plan name: Oakwood Healthcare, Inc. Union Cash Balance Plan · Sponsored by Oakwood Healthcare, Inc. · Michigan · Healthcare & Social Assistance

$42M in assets, 831 participants

Oakwood Healthcare, Inc.'s Oakwood Healthcare, Inc. Union Cash Balance Plan reported $42M in total assets and 831 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.

  • #15,224 in Healthcare & Social Assistance (17,684 peers)

Where Oakwood Healthcare, Inc. Union Cash Balance Plan sits by assets

Oakwood Healthcare, Inc. Union Cash Balance Plan sits in the top quartile of all filed plans by assets, $42M for 831 participants (~$50,653/participant), up 1.7% in 2023.

#15,224
in Healthcare & Social Assistance (17,684 peers)
+1.7%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Oakwood Healthcare, Inc. Union Cash Balance Plan's outsized position by total assets

Oakwood Healthcare, Inc. Union Cash Balance Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$42,092,603 Top 16% higher than 84% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Oakwood Healthcare, Inc. Union Cash Balance Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Oakwood Healthcare, Inc. Union Cash Balance Plan sits mid-pack in the medium band (831 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Oakwood Healthcare, Inc. Union Cash Balance Plan reported net income rose from -$13M in the plan year 2022 filing to $683K in the plan year 2023 filing.
  • Oakwood Healthcare, Inc. Union Cash Balance Plan reported participants fell from 941 in the plan year 2022 filing to 831 in the plan year 2023 filing.
  • Oakwood Healthcare, Inc. Union Cash Balance Plan end-of-year assets rose from $41M in the plan year 2022 filing to $42M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 381405141 · Oakwood Healthcare, Inc. PY 2023 · Defined Benefit (Pension)

Oakwood Healthcare, Inc. Union Cash Balance Plan · $42M · 831 · 84th

  • PCT $42M
  • PCT 831
  • PCT 84th
  • PCT Defined Benefit (Pension)
  • PCT near The Graham Companies Pension Plan
  • PCT ind #15224

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Healthcare & Social Assistance retirement plans → · Plans in Michigan →

Oakwood Healthcare, Inc. Union Cash Balance Plan in the asset neighbourhood

Wisconsin Alumni Research Foundation Pension PlanWisconsin Alumni Research Fo…$42MSilgan Can Company Pension Plan for Hourly EmployeesSilgan Can Company Pension P…$42MOakwood Healthcare, Inc. Union Cash Balance PlanOakwood Healthcare, Inc. Uni…$42MThe Graham Companies Pension PlanThe Graham Companies Pension…$42MAlside Retirement Plan$42M
End-of-year total assets ($M) among Oakwood Healthcare, Inc. Union Cash Balance Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$41M
Net Assets (End of Year)$42M
Net Income$683K
Employer EIN381405141
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Oakwood Healthcare, Inc.)

Sponsor-wide plan assets over time

All Oakwood Healthcare, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$324M 9.419250993146042% vs 2022
2024 filing year
$290M$300M$310M$320M$330M 202220232024 $296M $324M ▲ +9.4%
Year Plans Participants Total Assets
2022 2 3,206 $296M
2023 2 2,883 $311M
2024 2 2,615 $324M

Nearby Defined Benefit (Pension) Plans in Michigan

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Oakwood Healthcare, Inc. Union Cash Balance Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Oakwood Healthcare, Inc. Union Cash Balance Plan, Total assets ($B): 0.042092603 · Participants: 831Oakwood Healthcare, Inc. Union Cash Balance PlanGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 44.838918802 · Participants: 17959General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 19.269442236 · Participants: 26442Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.705910161 · Participants: 10215Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 11.529460215 · Participants: 14051Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 11.155705594 · Participants: 13635Fca US LLC UAW Pension Agreement
Oakwood Healthcare, Inc. Union Cash Balance Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Oakwood Healthcare, Inc. Union Cash Balance Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is The Graham Companies Pension Plan in FL ($42M); by covered participants it is Diebold Nixdorf, Incorporated U.S. Pension Plan in OH (831 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($42M here).

Similar participant headcount

Nearest other-state filings by covered participants (831 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Oakwood Healthcare, Inc. Union Cash Balance Plan assets move in 2023?
Oakwood Healthcare, Inc. Union Cash Balance Plan edged up modestly - up 1.7% during 2023, from $41M to $42M. Reported net income was $683K.
How have Oakwood Healthcare, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Oakwood Healthcare, Inc.'s sponsor-wide assets grew 9.4%, from $296M to $324M.
Where does Oakwood Healthcare, Inc. Union Cash Balance Plan rank by assets among Form 5500 filers?
Oakwood Healthcare, Inc. Union Cash Balance Plan ranks in the 84th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Oakwood Healthcare, Inc. Union Cash Balance Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Graham Companies Pension Plan in FL ($42M, 196 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Oakwood Healthcare, Inc. Union Cash Balance Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Diebold Nixdorf, Incorporated U.S. Pension Plan in OH (831 participants, $300M in assets).