401(k) · DOL Form 5500 · 2022

The Okonite Company Inc. 401(k) Plan

Data updated 2026-08-11

$64M
Total assets
705
Participants
90th
Percentile by assets
$90,800
Avg per participant
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Official DOL plan name: The Okonite Company 401(k) Savings Plan · Sponsored by The Okonite Company Inc. · New Jersey · Manufacturing

$64M in assets, 705 participants

The Okonite Company Inc.'s The Okonite Company 401(k) Savings Plan reported $64M in total assets and 705 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.

  • 90th percentile by assets (of 139,126 plans)
  • #17,519 in Manufacturing (20,602 peers)

Where The Okonite Company 401(k) Savings Plan sits by assets

The Okonite Company 401(k) Savings Plan sits in the top 10% of all filed plans by assets, $64M for 705 participants (~$90,800/participant), down 14.4% in 2022.

$64M
total plan assets (2022 EOY)
705
covered participants
90th
percentile by assets (of 139,126 plans)
$90,800
avg assets per participant

The plan reported a net loss of $11M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where The Okonite Company 401(k) Savings Plan sits by total assets

The Okonite Company 401(k) Savings Plan vs every filed plan by assets

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

$64,013,873 Top 10% higher than 90% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Industry

The Okonite Company 401(k) Savings Plan vs the 2022 asset distribution

By assets, The Okonite Company 401(k) Savings Plan outranks 90% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$75M
Net Assets (End of Year)$64M
Net Income-$11M
Employer EIN222279445
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Okonite Company Inc.)

$550M$600M$650M$700M 202220232024 $567M $651M ▲ +14.9%
Total plan assets by year, all The 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 401(k) Plans in New Jersey

Peer 401(k) plans, same state, same plan type, ranked by total assets.

The Okonite Company 401(k) Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants The Okonite Company …, Total assets ($B): 0.064013873 · Participants: 705The Okonite Company …JPMorgan Chase 401(k…, Total assets ($B): 36.787229834 · Participants: 168280JPMorgan Chase 401(k…Verizon Savings Plan…, Total assets ($B): 25.16607858 · Participants: 76788Verizon Savings Plan…Johnson and Johnson …, Total assets ($B): 21.189900271 · Participants: 43271Johnson and Johnson …Pfizer Savings Plan, Total assets ($B): 17.828820505 · Participants: 27796Pfizer Savings PlanErnst & Young Retire…, Total assets ($B): 12.40459021 · Participants: 52975Ernst & Young Retire…
The Okonite Company 401(k) Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to The Okonite Company 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did The Okonite Company 401(k) Savings Plan assets move in 2022?
The Okonite Company 401(k) Savings Plan pulled back noticeably - down 14.4% during 2022, from $75M to $64M. Reported net income was -$11M.
How have The Okonite Company Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), The Okonite Company Inc.'s sponsor-wide assets grew 14.9%, from $567M to $651M.
Where does The Okonite Company 401(k) Savings Plan rank by assets among Form 5500 filers?
The Okonite Company 401(k) Savings Plan ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to The Okonite Company 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Barnhill Contracting Co.Psp in NC ($64M, 942 participants).

Next read for The Okonite Company 401(k) Savings Plan

Scale reading

Ways to act on The Okonite Company 401(k) Savings Plan's numbers.

  • By total assets, The Okonite Company 401(k) Savings Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in New Jersey. Compare plans
  • The Okonite Company Inc.'s sponsor-wide assets have grown 14.9% since 2022 across 3 plan years on file. More Manufacturing plans