Plan Snapshot
- Plan Sponsor: Oakwood Healthcare, INC.
- Sponsor EIN: 381405141
- Sponsor Address: BSC 433, HUMAN RESOURCES/RETIREMENT, SOUTHFIELD, MI, 48033
- Plan Type: DB
- Total Participants: 662
- Total Assets: $42.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 662 | $42.6M | $4.0M | $0 |
| 2023 | 741 | $42.1M | $1.0M | $0 |
| 2022 | 831 | $41.4M | $5.0M | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| WILLIS TOWERS WATSON US LLC | NONE | $397,092 | — | $397,092 |
| GJC CPA'S & ADVISORS | NONE | $18,450 | — | $18,450 |
| PLANTE & MORAN, PLLC | Auditor | $18,450 | — | $18,450 |
| COMERICA BANK | NONE | $17,290 | — | $17,290 |
| MERCER INVESTMENTS LLC | NONE | $10,836 | — | $10,836 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON US LLC — NONE
- GJC CPA'S & ADVISORS — NONE
- PLANTE & MORAN, PLLC — Auditor
- MERCER INVESTMENTS LLC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $462,118
- Estimated Expense Ratio: 1.084% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $790,141 | $10,836 | — | $18,450 | — |
| 2023 | $747,154 | $5,412 | — | $18,450 | — |
| 2022 | $803,068 | — | — | — | $260,022 |