Defined Benefit (Pension) · DOL Form 5500 · 2024

Oakwood Healthcare, Inc. Pension Plan

Data updated 2026-08-25

$282M
Total assets Near avg plan size
1,874
Participants Near avg headcount
96th
Percentile by assets National rank
$150,317
Avg per participant Above 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

$282M in assets, 1,874 participants

Oakwood Healthcare, Inc.'s Oakwood Healthcare, Inc. Cash Balance Plan reported $282M in total assets and 1,874 participants in its 2024 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.

  • #16,215 in Healthcare & Social Assistance (16,916 peers)

Coverage in Michigan

Oakwood Healthcare, Inc. Cash Balance Plan covers 1,874 participants in Michigan, 2.9x the typical Michigan plan (state average ~638 per filing). Assets: $282M.

#16,215
in Healthcare & Social Assistance (16,916 peers)
+4.8%
assets growth YoY
2.8×
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 2024 · DOL Form 5500

$281,693,564 Top 4% higher than 96% of 123,620 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 2024

Oakwood Healthcare, Inc. Cash Balance Plan's large-plan peer group by participant headcount

Plan-year 2024 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 (1,874 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Oakwood Healthcare, Inc. Cash Balance Plan reported participants fell from 2,052 in the plan year 2023 filing to 1,874 in the plan year 2024 filing.
  • Oakwood Healthcare, Inc. Cash Balance Plan reported net income fell from $14M in the plan year 2023 filing to $13M in the plan year 2024 filing.
  • Oakwood Healthcare, Inc. Cash Balance Plan end-of-year assets rose from $269M in the plan year 2023 filing to $282M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 381405141 · Oakwood Healthcare, Inc. PY 2024 · Defined Benefit (Pension)

Oakwood Healthcare, Inc. Cash Balance Plan · $282M · 1,874 · 96th

  • ASSETS $282M
  • ASSETS 1,874
  • ASSETS 96th
  • ASSETS Defined Benefit (Pension)
  • ASSETS near First National Bank of Omaha Pension Plan
  • ASSETS ind #16215

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

Non-Contributory Retirement Program for Certain Employees of Blue Cross and Blue Shield of Kansas, Inc.Non-Contributory Retirement …$283MOakwood Healthcare, Inc. Cash Balance PlanOakwood Healthcare, Inc. Cas…$282MFirst National Bank of Omaha Pension PlanFirst National Bank of Omaha…$281MUnited Association Local 7 Pension PlanUnited Association Local 7 P…$281MOge Energy Corp. Retirement PlanOge Energy Corp. Retirement …$281M
End-of-year total assets ($M) among Oakwood Healthcare, Inc. Cash Balance Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$269M
Net Assets (End of Year)$282M
Net Income$13M
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): 0.281693564 · Participants: 1874Oakwood Healthcare, Inc. Cash Balance PlanGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 42.453822995 · Participants: 15648General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 17.842898898 · Participants: 25742Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.116125366 · Participants: 8585Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 10.930410978 · Participants: 6888Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 10.255300049 · Participants: 12752Fca 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 First National Bank of Omaha Pension Plan in NE ($281M); by covered participants it is Retirement Plan for Employees of Southwest Gas Corporation in NV (1,868 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,874 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Oakwood Healthcare, Inc. Cash Balance Plan edged up modestly - up 4.8% during 2024, from $269M to $282M. Reported net income was $13M.
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 123,622 plans that reported assets for plan year 2024 (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 First National Bank of Omaha Pension Plan in NE ($281M, 809 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 Southwest Gas Corporation in NV (1,868 participants, $1.2B in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.