Okland 401k Profit Sharing Plan — Form 5500 plan (Okland Management Corporation)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Okland 401k Profit Sharing Plan is a benefit plan reported by Okland Management Corporation under EIN 20-0582832 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,143 participants and $127,058,164 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$127.1MPlan net assets, end of year$127,058,164
Participants1.1KCovered participants reported1,143
Assets / participant$111.2KComputed: assets ÷ participants$111,162 (computed)
Provider compensation$57.9K1 Schedule C provider row(s)$57,872
- Plan sponsor
- Okland Management Corporation
- EIN
- 20-0582832
- Plan number
- 002
- Plan type
- 2
- Location
- Salt Lake City, UT
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,143 | H, C | 20240723103817NAL0011582833001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$127.1M total assets
Net assets$127.1MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $127,058,164
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $127,058,164
- Net assets (BOY)
- $100,778,728
Income & contributions
- Employer contributions
- $5,149,639
- Participant contributions
- $6,421,867
- Total contributions
- $12,076,132
- Total income / additions
- $32,558,697
Expenses & distributions
- Benefits paid
- $6,204,022
- Administrative expenses
- $57,873
- Total expenses
- $6,279,261
- Net increase / (decrease)
- $26,279,436
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
45%55%
Employer 45%Participant 55%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income19%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Minnesota Life Insurance Company | NONE | $57,872 | $0 | 2023 |