Oakland Management Tax-Deferred Savings Plan — Form 5500 plan (Oakland Management Corp)

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, Oakland Management Tax-Deferred Savings Plan is a benefit plan reported by Oakland Management Corp under EIN 38-3196699 and plan number 001. The latest loaded filing year is 2023. The filing reports 941 participants and $15,992,431 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$16MPlan net assets, end of year$15,992,431
Participants941Covered participants reported
Assets / participant$17KComputed: assets ÷ participants$16,995 (computed)
Provider compensation$52.8K3 Schedule C provider row(s)$52,802
Plan sponsor
Oakland Management Corp
EIN
38-3196699
Plan number
001
Plan type
2
Location
Farmington Hills, MI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023941H, C20240726140932NAL0009042835001
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)$16M total assets
Net assets$16MLiabilities$0
Money in vs. money out
Total income / additions$5.1M
Total expenses$1.3M
Benefits paid / distributions$1.2M
Contributions
Employer$584.2K
Participant$1.9M
Full reported line items

Net assets

Total assets (EOY)
$15,992,431
Total liabilities (EOY)
$0
Net assets (EOY)
$15,992,431
Net assets (BOY)
$12,122,794

Income & contributions

Employer contributions
$584,177
Participant contributions
$1,860,848
Total contributions
$3,121,530
Total income / additions
$5,141,205

Expenses & distributions

Benefits paid
$1,204,884
Administrative expenses
$52,839
Total expenses
$1,271,568
Net increase / (decrease)
$3,869,637
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.

Contribution share (employer vs. participant)
Employer 24%Participant 76%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income23%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
United Of OmahaINVESTMENT COMPANY$24,502$02023
Gallagher Fiduciary AdvisorsNONE$20,000not reported in the loaded dataset2023
Freedman & Goldberg CpasNONE$8,300not reported in the loaded dataset2023

Related Form 5500 pages