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OAK ASSOCIATES LTD.

Akron, Ohio
1-24 employees
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Retirement Plan Detail

Retirement Plan Ranking

Retirement Plan:
Oak Associates Profit Sharing Plan
OAK ASSOCIATES LTD.
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Plan Benchmark

Disclaimer: Ratings are based on firm-provided, independently audited data and reflect Mployer Advisor's opinion. They are not financial or legal advice and should be one of many factors considered when evaluating a retirement plan.
$34,995
Avg Employer Contribution per Person per Year
Top Benefits
Moderate
Plan Design
Competitive
EE Friendly
Admin Fees as a % of Total Assets
Top Benefits
23%
1 Year Return
Top Benefits

Peer Group

Size
1-24 employees
Region
Great Lakes
Industry
Finance and Insurance

Employer & Employee Contribution

Factors like longer employee tenure and more generous match rates result in higher contributions.
Average Employer Contribution
Employer
Cohort
Average Employee Contribution
Employee
Cohort

Plan Details

Plan name
Oak Associates Profit Sharing Plan
Plan type
DC-Other
Plan start date
01/01/1986
Plan assets
$43,915,374
Participation Rate
88.89 %
Loan %
0.00 %
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Key Plan Features

Each employer retirement plan is unique with different features that can benefit employees.
Loans
No
Self-directed
Yes
Auto-Enroll
No
Vesting Requirements
No

Returns

The below return percentage is an approximate one-year return. Specific employee start date's and other factors can shift the percentage up or down.
Average Returns
Employer
Cohort

Administrative Fees

Retirement plans pays fees each year to advisors and other vendors. This shows how your fees compare to like plans both as a percent of total and overall.
Administration Fees $
Employer
Cohort
Administrative Fees %
Employer
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