Profit Sharing · DOL Form 5500 · 2023

Oak Associates Ltd. Profit Sharing Plan

Data updated 2026-08-11

$37M
Total assets
10
Participants
82nd
Percentile by assets
$3.7M
Avg per participant
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Official DOL plan name: Oak Associates Profit Sharing Plan · Sponsored by Oak Associates Ltd. · Ohio · Finance & Insurance

$37M in assets, 10 participants

Oak Associates Ltd.'s Oak Associates Profit Sharing Plan reported $37M in total assets and 10 participants in its 2023 DOL Form 5500 filing, ranking in the 82nd 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.

  • 82nd percentile by assets (of 127,072 plans)
  • #6,432 in Finance & Insurance (8,869 peers)

Where Oak Associates Profit Sharing Plan sits by assets

Oak Associates Profit Sharing Plan sits in the top quartile of all filed plans by assets, $37M for 10 participants (~$3.7M/participant), up 30.8% in 2023.

$37M
total plan assets (2023 EOY)
10
covered participants
82nd
percentile by assets (of 127,072 plans)
$3.7M
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Oak Associates Profit Sharing Plan reported net income rose from -$12M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Oak Associates Profit Sharing Plan end-of-year assets rose from $28M in the plan year 2022 filing to $37M in the plan year 2023 filing.
  • Oak Associates Profit Sharing Plan reported participants fell from 13 in the plan year 2022 filing to 10 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Oak Associates Profit Sharing Plan vs the 2023 asset distribution

By assets, Oak Associates Profit Sharing Plan outranks 82% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$28M
Net Assets (End of Year)$37M
Net Income$9M
Employer EIN341818085
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Oak Associates Ltd.)

$25M$30M$35M$40M$45M$50M 202220232024 $28.1M $43.9M ▲ +56.2%
Total plan assets by year, all Oak Associates Ltd. plans on file
Year Plans Participants Total Assets
2022 1 13 $28M
2023 1 10 $37M
2024 1 10 $44M

Nearby Profit Sharing Plans in Ohio

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

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

Oak Associates 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 Associates Profi…Cleveland Clinic Inv…Masterbrand, Inc. Re…The Employer Retirem…Three Rivers Annuity…Holzer Health System…
Oak Associates 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 Associates Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Oak Associates Profit Sharing Plan assets move in 2023?
Oak Associates Profit Sharing Plan surged - up 30.8% during 2023, from $28M to $37M. Reported net income was $9M.
How have Oak Associates Ltd. plan assets changed over time?
Across 3 plan years on file (2022-2024), Oak Associates Ltd.'s sponsor-wide assets grew 56.2%, from $28M to $44M.
Where does Oak Associates Profit Sharing Plan rank by assets among Form 5500 filers?
Oak Associates Profit Sharing Plan ranks in the 82nd 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 Profit Sharing plans are similar in size to Oak Associates Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is United Food and Commercial Workers Local 1500 Annuity Plan in NY ($37M, 6,904 participants).

Next read for Oak Associates Profit Sharing Plan

Scale reading

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