We theoretically investigate the small-amplitude broadside oscillations of an annular disk within an unbounded fluid domain. Specifically, we formulate a semi-analytical framework to examine the effects of the oscillation frequency and pore radius on the disk’s added mass and damping coefficients. By leveraging the superposition principle, we decompose the complex original problem into two simpler ones. The force exerted on the disk by the fluid is linked to the solutions of these sub-problems through the reciprocal theorem; the first solution is readily available, while the second is derived asymptotically, assuming a small inner radius. Both solutions are evaluated by transforming dual integral equations into systems of algebraic equations, which are then solved numerically. Building on these solutions, we extract asymptotic expressions for the variations of the quantities of interest in the limits of low and high oscillatory Reynolds numbers. Notably, at high frequencies, we uncover a previously overlooked logarithmic term in the force coefficient expansions, absent in prior scaling analyses of oscillating solid (impermeable) disks. Our findings indicate that, when viscosity plays a dominant role, an annular (porous) disk behaves similarly to a solid one, with reductions in the force coefficients scaling with the cube of the pore radius. We also discover, perhaps surprisingly, that, as inertial effects intensify, the damping coefficient initially increases with the pore radius, reaches a maximum and subsequently declines as the disk’s inner hole enlarges further; at its peak, it can exceed the value for an equivalent solid disk by up to approximately 62 % in the asymptotic limit of extremely high oscillatory Reynolds number. Conversely, the added mass coefficient decreases monotonically with increasing porosity. The decay rate of the added mass in the inertial regime initially scales with the cube of the pore radius before transitioning to linear scaling when the pore radius is no longer extremely small. Although our analysis assumes a small pore radius, direct numerical simulations confirm that our asymptotic formulation remains accurate for inner-to-outer radius ratios up to at least
$1/2$.