ESOP · DOL Form 5500 · 2022

Okonite Company Inc ESOP

Data updated 2026-08-11

$376M
Total assets
1,111
Participants
97th
Percentile by assets
$338,254
Avg per participant
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Official DOL plan name: Okonite Company Employees Stock Ownership Plan · Sponsored by Okonite Company Inc · New Jersey · Manufacturing

$376M in assets, 1,111 participants

Okonite Company Inc's Okonite Company Employees Stock Ownership Plan reported $376M in total assets and 1,111 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 139,126 plans)
  • #19,698 in Manufacturing (20,602 peers)

Where Okonite Company Employees Stock Ownership Plan sits by assets

Okonite Company Employees Stock Ownership Plan sits in the top 5% of all filed plans by assets, $376M for 1,111 participants (~$338,254/participant), up 28.1% in 2022.

$376M
total plan assets (2022 EOY)
1,111
covered participants
97th
percentile by assets (of 139,126 plans)
$338,254
avg assets per participant
State
Industry

Okonite Company Employees Stock Ownership Plan vs the 2022 asset distribution

By assets, Okonite Company Employees Stock Ownership Plan outranks 97% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 3.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$293M
Net Assets (End of Year)$376M
Net Income$83M
Employer EIN222279445
Plan Effective Date1976-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Okonite Company Inc)

$550M$600M$650M$700M 202220232024 $567M $651M ▲ +14.9%
Total plan assets by year, all Okonite Company Inc plans on file
Year Plans Participants Total Assets
2022 5 2,645 $567M
2023 5 2,652 $623M
2024 5 2,760 $651M

Nearby ESOP Plans in New Jersey

Peer ESOP plans, same state, same plan type, ranked by total assets.

Okonite Company Employees Stock Ownership Plan vs. nearby ESOP plans in New Jersey, assets vs. participants

Okonite Company Employees Stock Ownership Plan vs. nearby ESOP plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 010002000300040005000 0100200300400500600 Total assets ($M) Participants Okonite Company Empl…Johnson and Johnson …Mathematica Group Ho…Conair LLC Savings a…Investors Bank Amend…Amboy Bancorporation…
Okonite Company Employees Stock Ownership Plan vs. nearby ESOP plans in New Jersey, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Okonite Company Employees Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Okonite Company Employees Stock Ownership Plan assets move in 2022?
Okonite Company Employees Stock Ownership Plan grew sharply - up 28.1% during 2022, from $293M to $376M. Reported net income was $83M.
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 Okonite Company Employees Stock Ownership Plan rank by assets among Form 5500 filers?
Okonite Company Employees Stock Ownership Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which ESOP plans are similar in size to Okonite Company Employees Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Chemonics International, Inc. Employee Stock Ownership Plan in DC ($376M, 2,029 participants).

Next read for Okonite Company Employees Stock Ownershi…

Scale reading

Ways to act on Okonite Company Employees Stock Ownership Plan's numbers.

  • By total assets, Okonite Company Employees Stock Ownership Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in New Jersey. Compare plans
  • Okonite Company Inc's sponsor-wide assets have grown 14.9% since 2022 across 3 plan years on file. More Manufacturing plans