401(k) · DOL Form 5500 · 2023
The Okonite Company Inc. 401(k) Plan
Data updated 2026-08-25
- $76M
- Total assets Below avg plan size
- 688
- Participants Below avg headcount
- 89th
- Percentile by assets National rank
- $110,204
- Avg per participant Below avg balance/head
Official DOL plan name: The Okonite Company 401(k) Savings Plan · Sponsored by The Okonite Company Inc. · New Jersey · Manufacturing
$76M in assets, 688 participants
The Okonite Company Inc.'s The Okonite Company 401(k) Savings Plan reported $76M in total assets and 688 participants in its 2023 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.
- #15,744 in Manufacturing (18,722 peers)
Where The Okonite Company 401(k) Savings Plan sits by assets
The Okonite Company 401(k) Savings Plan sits in the top quartile of all filed plans by assets, $76M for 688 participants (~$110,204/participant), up 18.4% in 2023.
- #15,744
- in Manufacturing (18,722 peers)
- +18.4%
- assets growth YoY
- 0.8×
- vs typical plan assets (national mean)
The Okonite Company 401(k) Savings Plan's outsized position by total assets
The Okonite Company 401(k) Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$75,820,520 Top 11% higher than 89% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
The Okonite Company 401(k) Savings Plan among mid-size filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Okonite Company 401(k) Savings Plan sits mid-pack in the medium band (688 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- The Okonite Company 401(k) Savings Plan reported net income rose from -$11M in the plan year 2022 filing to $12M in the plan year 2023 filing.
- The Okonite Company 401(k) Savings Plan end-of-year assets rose from $64M in the plan year 2022 filing to $76M in the plan year 2023 filing.
- The Okonite Company 401(k) Savings Plan reported participants fell from 705 in the plan year 2022 filing to 688 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 222279445 · The Okonite Company Inc. PY 2023 · 401(k)
The Okonite Company 401(k) Savings Plan · $76M · 688 · 89th
- BOY $76M
- SCH 688
- EBSA 89th
- PART 401(k)
- TYPE near Quarternorth Energy 401(k) Plan
- NET ind #15744
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 401(k) Savings Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $64M |
|---|---|
| Net Assets (End of Year) | $76M |
| Net Income | $12M |
| Employer EIN | 222279445 |
| Plan Effective Date | 1987-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Okonite Company Inc.)
Sponsor-wide plan assets over time
All The Okonite Company Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $651M 14.926673932659218% vs 2022
- 2024 filing year
| 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.
- JPMorgan Chase 401(k) Savings Plan $44.6B · 176,610
- Verizon Savings Plan for Management Employees $27.8B · 78,072
- Johnson and Johnson Savings Plan $22.2B · 41,291
- Ernst & Young Retirement Savings Plan $15.5B · 59,346
- Merck US Savings Plan $13.4B · 26,850
The Okonite Company 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside New Jersey, the nearest 401(k) by assets is Quarternorth Energy 401(k) Plan in TX ($76M); by covered participants it is First Foundation Inc. Retirement Plan in CA (688 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($76M here).
- Quarternorth Energy 401(k) Plan (TX) $76M · 458
- Ossur Americas, Inc. 401(k) Retirement Savings Plan (CA) $76M · 771
- United Service Organizations Retirement Savings Plan (VA) $76M · 710
- Conway Medical Center 401(k) Plan (SC) $76M · 1,806
Similar participant headcount
Nearest other-state filings by covered participants (688 participants); asset peers above are excluded.
- First Foundation Inc. Retirement Plan (CA) 688 · 0 off
- Maui Jim, Inc. 401(k) Retirement and Savings Plan and Trust (IL) 688 · 0 off
- Virginia Health Services, Inc. Retirement Plan (VA) 688 · 0 off
- Ia American Warranty, LP 401(k) Plan (TX) 688 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.