401(k) · DOL Form 5500 · 2022
Torcon, Inc. 401(k) Plan
Data updated 2026-08-11
- $82M
- Total assets
- 184
- Participants
- 92nd
- Percentile by assets
- $443,612
- Avg per participant
Official DOL plan name: Torcon, Inc. Retirement Plan · Sponsored by Torcon, Inc. · New Jersey · Construction
$82M in assets, 184 participants
Torcon, Inc.'s Torcon, Inc. Retirement Plan reported $82M in total assets and 184 participants in its 2022 DOL Form 5500 filing, ranking in the 92nd 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.
- 92nd percentile by assets (of 139,126 plans)
- #8,959 in Construction (9,927 peers)
Coverage in New Jersey
Torcon, Inc. Retirement Plan covers 184 participants in New Jersey, about 22% of the average New Jersey filer (state average ~844 per filing). Assets: $82M.
- $82M
- total plan assets (2022 EOY)
- 184
- covered participants
- 92nd
- percentile by assets (of 139,126 plans)
- $443,612
- avg assets per participant
The plan reported a net loss of $22M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where Torcon, Inc. Retirement Plan sits by total assets
Torcon, Inc. Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$81,624,544 Top 8% higher than 92% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Participants vs New Jersey filers
In New Jersey, the average filing covers about 844 participants across 4,145 plans. Torcon, Inc. Retirement Plan reports 184 participants - about 22% of that state average ($82M EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $103M |
|---|---|
| Net Assets (End of Year) | $82M |
| Net Income | -$22M |
| Employer EIN | 221773944 |
| Plan Effective Date | 1990-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Torcon, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 184 | $82M |
| 2023 | 1 | 226 | $94M |
| 2024 | 1 | 237 | $104M |
Nearby 401(k) Plans in New Jersey
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Torcon, Inc. Retirement Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
- JPMorgan Chase 401(k) Savings Plan $36.8B · 168,280
- Verizon Savings Plan for Management Employees $25.2B · 76,788
- Johnson and Johnson Savings Plan $21.2B · 43,271
- Pfizer Savings Plan $17.8B · 27,796
- Ernst & Young Retirement Savings Plan $12.4B · 52,975
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Torcon, Inc. Retirement Plan by total assets, not by location.
- Denny's 401(k) Plan (SC) $82M · 2,173
- Soave Enterprises L.L.C. Savings and Profit Sharing Plan and Trust (MI) $82M · 1,035
- Cashman Equipment Company Employee Retirement Plans (NV) $82M · 852
- The Anchin, Block & Anchin Savings Plan (NY) $82M · 410
Frequently Asked Questions
How did Torcon, Inc. Retirement Plan assets move in 2022? ▼
How have Torcon, Inc. plan assets changed over time? ▼
Where does Torcon, Inc. Retirement Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Torcon, Inc. Retirement Plan? ▼
Next read for Torcon, Inc. Retirement Plan
Filing takeaways
Ways to act on Torcon, Inc. Retirement Plan's numbers.
- By total assets, Torcon, Inc. Retirement 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
- Torcon, Inc.'s sponsor-wide assets have grown 27.1% since 2022 across 3 plan years on file. More Construction plans