Oakland Physicians Medical Center LLC 401(k) Profit Sharing

401(k) · DOL Form 5500 · 2024

What the Filing Says About Oakland Physicians Medical Center LLC 401(k) Profit Sharing

Oakland Physicians Medical Center LLC 401(k) Profit Sharing is a 401(k) retirement plan sponsored by Oakland Physicians Medical Cente, headquartered in Michigan. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $596K in total end-of-year assets and covers 89 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 262512084, and the plan has been effective since 2019-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets pulled back noticeably from $670K at the beginning of 2024 to $596K at year-end - down 11.0%. Net assets (after liabilities) closed the year at $596K, with reported net income of -$74K 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 2 prior plan-year filings from the same sponsor shown below.

Across the 3 plan years Oakland Physicians Medical Cente has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $454K to $596K, a gain of 31.4%, while reported participants moved from 165 to 89 (-46.1%). The strongest year on file by total sponsor assets was 2023 at $670K; the softest was 2022 at $454K. Year-by-year, sponsor-wide filings show: 2022 - $454K in assets across 1 plan covering 165 participants; 2023 - $670K in assets across 1 plan covering 145 participants; 2024 - $596K in assets across 1 plan covering 89 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 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank Oakland Physicians Medical Center LLC 401(k) Profit Sharing 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.