Defined Benefit (Pension) · DOL Form 5500 · 2023

Oakwood Healthcare, Inc. Pension Plan

Data updated 2026-08-25

$269M
Total assets Near avg plan size
2,052
Participants Near avg headcount
96th
Percentile by assets National rank
$131,022
Avg per participant Near avg balance/head
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Official DOL plan name: Oakwood Healthcare, Inc. Cash Balance Plan · Sponsored by Oakwood Healthcare, Inc. · Michigan · Healthcare & Social Assistance

$269M in assets, 2,052 participants

Oakwood Healthcare, Inc.'s Oakwood Healthcare, Inc. Cash Balance Plan reported $269M in total assets and 2,052 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • #17,012 in Healthcare & Social Assistance (17,684 peers)

Coverage in Michigan

Oakwood Healthcare, Inc. Cash Balance Plan covers 2,052 participants in Michigan, 3.2x the typical Michigan plan (state average ~638 per filing). Assets: $269M.

#17,012
in Healthcare & Social Assistance (17,684 peers)
+5.4%
assets growth YoY
2.7×
vs typical plan assets (national mean)

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

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

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

$268,857,454 Top 4% higher than 96% 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. Cash Balance Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Oakwood Healthcare, Inc. Cash Balance Plan lands in the large band (2,052 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Oakwood Healthcare, Inc. Cash Balance Plan reported net income rose from -$84M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Oakwood Healthcare, Inc. Cash Balance Plan reported participants fell from 2,265 in the plan year 2022 filing to 2,052 in the plan year 2023 filing.
  • Oakwood Healthcare, Inc. Cash Balance Plan end-of-year assets rose from $255M in the plan year 2022 filing to $269M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

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

Oakwood Healthcare, Inc. Cash Balance Plan · $269M · 2,052 · 96th

  • PART $269M
  • PART 2,052
  • PART 96th
  • PART Defined Benefit (Pension)
  • PART near Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees
  • PART ind #17012

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. Cash Balance Plan in the asset neighbourhood

Jacobs Consolidated Pension PlanJacobs Consolidated Pension …$269MPanasonic Pension Plan$269MAlaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts EmployeesAlaska Airlines, Inc., Retir…$269MOakwood Healthcare, Inc. Cash Balance PlanOakwood Healthcare, Inc. Cas…$269MEntergy Corporation Retirement Plan II for Bargaining EmployeesEntergy Corporation Retireme…$269M
End-of-year total assets ($M) among Oakwood Healthcare, Inc. Cash Balance Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$255M
Net Assets (End of Year)$269M
Net Income$14M
Employer EIN381405141
Plan Effective Date1989-12-01
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. Cash Balance Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 0100002000030000 -1001020304050 Total assets ($B) Participants Oakwood Healthcare, Inc. Cash Balance Plan, Total assets ($B): 0.268857454 · Participants: 2052Oakwood Healthcare, Inc. 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. Cash Balance Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare Oakwood Healthcare, Inc. Cash Balance Plan side-by-side with 3 peers →

Oakwood Healthcare, Inc. 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 Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees in WA ($269M); by covered participants it is Retirement Plan for Employees of the Univ of Miami in FL (2,051 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,052 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. Cash Balance Plan assets move in 2023? ▼
Oakwood Healthcare, Inc. Cash Balance Plan grew at a solid clip - up 5.4% during 2023, from $255M to $269M. Reported net income was $14M.
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. Cash Balance Plan rank by assets among Form 5500 filers? ▼
Oakwood Healthcare, Inc. Cash Balance Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Oakwood Healthcare, Inc. Cash Balance Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Alaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts Employees in WA ($269M, 557 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Oakwood Healthcare, Inc. Cash Balance Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Retirement Plan for Employees of the Univ of Miami in FL (2,051 participants, $578M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 381405141.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.