Defined Benefit (Pension) · DOL Form 5500 · 2022

Okonite Company Inc Pension Plan

Data updated 2026-08-25

$54M
Total assets Below avg plan size
483
Participants Below avg headcount
89th
Percentile by assets National rank
$110,945
Avg per participant Below avg balance/head
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Official DOL plan name: The Okonite Company Hourly Employees Pension Plan · Sponsored by Okonite Company Inc · New Jersey · Manufacturing

$54M in assets, 483 participants

Okonite Company Inc's The Okonite Company Hourly Employees Pension Plan reported $54M in total assets and 483 participants in its 2022 DOL Form 5500 filing, ranking in the 89th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #17,112 in Manufacturing (20,602 peers)

Where The Okonite Company Hourly Employees Pension Plan sits by assets

The Okonite Company Hourly Employees Pension Plan sits in the top quartile of all filed plans by assets, $54M for 483 participants (~$110,945/participant), down 21.0% in 2022.

#17,112
in Manufacturing (20,602 peers)
-21.0%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $14M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Okonite Company Hourly Employees Pension Plan's outsized position by total assets

The Okonite Company Hourly Employees Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$53,586,454 Top 11% higher than 89% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

The Okonite Company Hourly Employees Pension Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Okonite Company Hourly Employees Pension Plan sits mid-pack in the medium band (483 participants).

EBSA filing schedule strip

Filing strip 222279445 · Okonite Company Inc PY 2022 · Defined Benefit (Pension)

The Okonite Company Hourly Employees Pension Plan · $54M · 483 · 89th

  • 5500 $54M
  • 5500 483
  • 5500 89th
  • 5500 Defined Benefit (Pension)
  • 5500 near Pension Plan B of the American College of Physicians, Inc.
  • 5500 ind #17112

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in New Jersey →

The Okonite Company Hourly Employees Pension Plan in the asset neighbourhood

St. Ann's Home for the Aged Pension PlanSt. Ann's Home for the Aged …$54MThe Okonite Company Hourly Employees Pension PlanThe Okonite Company Hourly E…$54MPension Plan B of the American College of Physicians, Inc.Pension Plan B of the Americ…$54MSumitomo Machinery Corporation of America Pension PlanSumitomo Machinery Corporati…$54MKollsman, Inc. Defined Benefit Retirement PlanKollsman, Inc. Defined Benef…$54M
End-of-year total assets ($M) among The Okonite Company Hourly Employees Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$68M
Net Assets (End of Year)$54M
Net Income-$14M
Employer EIN222279445
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Okonite Company Inc)

Sponsor-wide plan assets over time

All Okonite Company Inc plans reported in each filing year

Latest sponsor-wide plan assets
$651M 14.926673932659218% vs 2022
2024 filing year
$550M$600M$650M$700M 202220232024 $567M $651M ▲ +14.9%
Year Plans Participants Total Assets
2022 5 2,645 $567M
2023 5 2,652 $623M
2024 5 2,760 $651M

Nearby Defined Benefit (Pension) Plans in New Jersey

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

The Okonite Company Hourly Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants The Okonite Company Hourly Employees Pension Plan, Total assets ($B): 0.053586454 · Participants: 483The Okonite Company Hourly Employees Pension PlanRetirement Plan of Johnson and Johnson, Total assets ($B): 19.833052673 · Participants: 38100Retirement Plan of Johnson and JohnsonJPMorgan Chase Retirement Plan, Total assets ($B): 14.820156855 · Participants: 102340JPMorgan Chase Retirement PlanNokia Retirement Income Plan, Total assets ($B): 14.495801 · Participants: 7413Nokia Retirement Income PlanThe Prudential Merged Retirement Plan, Total assets ($B): 12.277296822 · Participants: 17538The Prudential Merged Retirement PlanVerizon Pension Plan for Associates, Total assets ($B): 10.941506503 · Participants: 25746Verizon Pension Plan for Associates
The Okonite Company Hourly Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare The Okonite Company Hourly Employees Pension Plan side-by-side with 3 peers →

The Okonite Company Hourly Employees Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Pension Plan B of the American College of Physicians, Inc. in PA ($54M); by covered participants it is Conmed Corporation Retirement Pension Plan in FL (483 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (483 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did The Okonite Company Hourly Employees Pension Plan assets move in 2022? ▼
The Okonite Company Hourly Employees Pension Plan declined sharply - down 21.0% during 2022, from $68M to $54M. Reported net income was -$14M.
How have Okonite Company Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Okonite Company Inc's sponsor-wide assets grew 14.9%, from $567M to $651M.
Where does The Okonite Company Hourly Employees Pension Plan rank by assets among Form 5500 filers? ▼
The Okonite Company Hourly Employees Pension Plan ranks in the 89th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to The Okonite Company Hourly Employees Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pension Plan B of the American College of Physicians, Inc. in PA ($54M, 71 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Okonite Company Hourly Employees Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Conmed Corporation Retirement Pension Plan in FL (483 participants, $62M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 222279445.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.