Profit Sharing Ā· DOL Form 5500 Ā· 2023

Ocab, Inc. Community Action Agency Tsa Plan

Data updated 2026-05-15

$1M
Total assets
115
Participants
25th
Percentile by assets
$10,394
Avg per participant

Sponsored by Ocab, Inc. Community Action Agency Ā· South Carolina Ā· Other Services

What the 2023 filing shows

Ocab, Inc. Community Action Agency Tsa Plan holds $1M for 115 participants - about $10,394 per participant, in the lower half of filed plans by assets, down 0.7% over the 2023 plan year.

$1M
total plan assets (2023 EOY)
115
covered participants
25th
percentile by assets (of 126,618 plans)
$10,394
avg assets per participant

The plan reported a net loss of $12K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Industry
Other Services

Profit Sharing Ā· DOL Form 5500 Ā· 2023

What the Filing Says About Ocab, Inc. Community Action Agency Tsa Plan

Ocab, Inc. Community Action Agency Tsa Plan is a Profit Sharing retirement plan sponsored by Ocab, Inc. Community Action Agency, headquartered in South Carolina. According to the U.S. Department of Labor's 2023 Form 5500 filing, the plan reports $1M in total end-of-year assets and covers 115 participants across the Other Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 570479088, and the plan has been effective since 1974-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets held essentially flat from $1M at the beginning of 2023 to $1M at year-end - down 0.7%. Net assets (after liabilities) closed the year at $1M, with reported net income of -$12K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.

Across the 2 plan years Ocab, Inc. Community Action Agency has on file with PlainRetire (2022-2023), sponsor-wide plan assets have moved from $1M to $1M, a decline of 0.7%, while reported participants moved from 136 to 115 (-15.4%). Year-by-year, sponsor-wide filings show: 2022 - $1M in assets across 1 plan covering 136 participants; 2023 - $1M in assets across 1 plan covering 115 participants.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2023 Form 5500 with a reported end-of-year asset figure (126,618 plans), rank Ocab, Inc. Community Action Agency Tsa Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2023)

Total Assets (Beginning of Year)$1M
Total Assets (End of Year)$1M
Net Assets (End of Year)$1M
Net Income-$12K
Plan TypeProfit Sharing
Employer EIN570479088
Plan Effective Date1974-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ocab, Inc. Community Action Agency)

Year Plans Participants Total Assets
2022 1 136 $1M
2023 1 115 $1M

Nearby Profit Sharing Plans in South Carolina

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

Frequently Asked Questions

How much money is in the Ocab, Inc. Community Action Agency Tsa Plan?
As of the 2023 Form 5500 filing, Ocab, Inc. Community Action Agency Tsa Plan holds $1M in total assets with 115 participants. It is sponsored by Ocab, Inc. Community Action Agency.
What type of plan is Ocab, Inc. Community Action Agency Tsa Plan?
Ocab, Inc. Community Action Agency Tsa Plan is a Profit Sharing plan. It has been effective since 1974-07-01. The plan is filed with the U.S. Department of Labor under EIN 570479088.
Who sponsors the Ocab, Inc. Community Action Agency Tsa Plan?
Ocab, Inc. Community Action Agency Tsa Plan is sponsored by Ocab, Inc. Community Action Agency, located in South Carolina. The sponsor's EIN is 570479088 and the plan operates in the Other Services industry.
How did Ocab, Inc. Community Action Agency Tsa Plan perform in 2023?
Ocab, Inc. Community Action Agency Tsa Plan held essentially flat - down 0.7% during 2023, moving from $1M to $1M in total assets. Net income was -$12K.

What this filing means

Ways to act on Ocab, Inc. Community Action Agency Tsa Plan's numbers.

  • By total assets, Ocab, Inc. Community Action Agency Tsa Plan ranks in the lower half of filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in South Carolina. Compare plans
  • Ocab, Inc. Community Action Agency's sponsor-wide assets have declined 0.7% since 2022 across 2 plan years on file. More Other Services plans
  • A Profit Sharing plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types

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 570479088.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

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

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.